A new affordable rental housing complex has opened in Kailua-Kona.
Affordable housing developer Vitus Group Inc. hosted a blessing ceremony Tuesday for the $60 million project.
The complex has 90 studios and over 200 one-and-two-bedroom units. Monthly rates range from $331 to $863.
Gov. Linda Lingle toured the housing development after the blessing.
State and federal affordable housing tax credits helped fund the project. Vitus Group also obtained financing through Citibank, $33.5 million in tax-exempt bonds and an $11.75 million Rental Housing Trust Fund loan.