Farmers Now Owners At Poamoho
month-to-month leases would end in 120 days and that their homes would be demolished as it redirected its efforts to more profitable pursuits.
Developer Peter Savio of Hawaiian Island Homes purchased the 63 homes and converted them to condominiums to sell to the farm workers. Most of the 300 people living there were born and raised at the camp, Savio said, noting that all the tenants are contracted to buy the homes. The camp also established a “pecking order” of former camp families for any houses not being sold to a current tenant.
Savio, Mayor Mufi Hannemann, First Hawaiian Bank, ILWU and community members arranged to help residents buy the homes feesimple for an average price of $120,000 — less than half their current market price. The correct permits and paperwork needed to be in place to make it happen, he said.