Off the news: Kuilei Place taps into new subsidy fund

It is a strange housing crisis Hawaii has — that when there is a clear shortage of affordable units, there are any that go wanting for buyers. That’s what seems to be happening, though, judging by the 23 middle-income condos at Kuilei Place in Moiliili still unsold, despite pricing below market by developers BlackSand Capital and Kobayashi Group.

See the original article at: Honolulu Star-Advertiser