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<br /> <br /> <br />Roy Takemoto <br /> <br />Managing Director <br /> <br /> <br />Harry Kim <br />Mayor <br /> <br />Barbara J. Kossow <br /> Deputy Managing Director <br /> <br />County of Hawai‘i <br />Office of the Mayor <br />25 Aupuni Street, Suite 2603  Hilo, Hawai‘i 96720  (808) 961-8211  Fax (808) 961-6553 <br />KONA: 74-5044 Ane Keohokālole Hwy., Bldg C  Kailua-Kona, Hawai‘i 96740 <br />(808) 323-4444  Fax (808) 323-4440 <br /> <br />June 4, 2020 <br />NEWS RELEASE <br />Hawai'i County Emergency Loan Program Announces First $28,700 Approved, Calls for <br />ALICE Workers and Entrepreneurs who Lost Income Due to COVID <br />Hawai'i County announced on June 3 early success of its Emergency Resilience Loan Program <br />in processing 121 applications and approving the first $28,700 for workers and entrepreneurs <br />who have lost income due to COVID-19. <br />The program opened last week with funding from the <br />Grant and Loan Options Available <br />County of Hawai'i and Hawai'i Community Foundation <br />to Hawaii Island Residents <br />and offers financial counseling and loans to ALICE <br /> <br />(asset limited, income constrained, employed) residents <br />Emergency Grants <br />who reside on Hawai'i Island and have lost income due <br />Hawai'i First Federal Credit Union <br />to COVID-19. Maximum loans amounts are $2,500 for <br />www.hawaiifirstfcu.com <br />individual workers and $5,000 for self-employed <br /> <br />persons. <br />Council for Native Hawaiian <br />Advancement <br />Local community development nonprofits Hawaiian <br />808.784.4464 <br />Community Assets (HCA) and Hawai'i Community <br />kahiau@hawaiiancouncil.org <br />Lending (HCL) are administering the program on behalf <br />https://hawaiiancouncil.org/kahiau <br />of the County. HCL provides the loans, while HCA <br /> <br />Liliʻuokalani Trust <br />delivers financial counseling to every borrower. <br />808.466.8102 <br />To qualify, loan applicants must have been ALICE <br /> <br />(asset limited, income constrained, employed) prior to <br />Emergency Loans <br />COVID and have not received emergency grants due to <br />Hawaiian Community Assets <br />COVID. See below ALICE income thresholds. <br />Hawai'i Community Lending <br />808.934.0801 <br /># Household Minimum Annual Maximum Annual <br />www.HawaiianCommunity.net <br />Members Household Household <br /> <br />Income Income <br />Personal Loans <br />1 <br />$14,361 $ 33,296 <br />Call your credit union or bank to <br />2 <br />$19,461 $49,548 <br />request more information about <br />3 <br />$24,541 $65,800 <br />available loans. <br />4 <br />$29,621 $82,052 <br />5 <br />$34,701 $95,267 <br />6 <br />$39,781 $108,482 <br />7 <br />$44,861 $121,697 <br />8 <br />$49,941 $134,911 <br /> <br />County of Hawai‘i is an Equal Opportunity Provider and Employer. <br /> <br />