Skip to main content

Micro-Housing Community Built for Volcano-Displaced Residents

Phil Hall
Jun 11, 2018
A community of 20 micro-housing units is being quickly constructed to offer free temporary accommodations for elderly residents and families with children who were displaced by the Kilauea Volcano

A community of 20 micro-housing units is being quickly constructed to offer free temporary accommodations for elderly residents and families with children who were displaced by the Kilauea Volcano.
 
To date, approximately 600 homes were destroyed by the volcanic discharge. According to a Honolulu Star-Advertiser report, the newly-christened "Sacred Heart Shelter" on the grounds of Sacred Heart Church on in the town of Pahoa is being created with the combined efforts of volunteer contractors, social service workers, trades crews and Hawaii National Guard troops.
 
However, the living in this community will be spartan: the 10-by-12 houses do not have electricity and will share two 8-by-8-foot structures that each will have a sink, toilet and shower. Hawaii Island United Way donated $75,000 to the project, which is also being financed with a $25,000 donation from Hu Honua Bioenergy.
 
Nonetheless, Darryl Oliveira, director of civil defense for the County of Hawaii, said more than 60 potential occupants have already expressed interest in this set-up. “It’s much better than living out of a car or an emergency shelter,” he said.

 
Published
Jun 11, 2018
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021