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2024-06-18 PL-INT-2024-007988 HACBED Category PL.3
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2024-06-18 PL-INT-2024-007988 HACBED Category PL.3
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6/19/2024 9:40:33 AM
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6/18/2024 12:53:02 PM
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Document Date
6/18/2024
Permit Number
PL-INT-2024-007988
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Hawaii Alliance for Community-Based Economic Development (HACBED), Professional services for category PL.3
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• Prosperity Now, Community Champion ,(formery (±ED Assets &Opportunity Network Steering Member— <br /> Partnered with other Steering Members from across the nation to provide local perspective and <br /> leadership to the A&O Network,which was supported by CFED, and was a movement-oriented <br /> group of service providers, advocates, researchers, financial institutions, policymakers and others <br /> who worked to implement strategies and advocate for policies that help people become more <br /> financially secure. <br /> • CBED Conferences—With support from financial institutions, government agencies, and CBED <br /> organizations, HACBED organized the 2004 CBED conference — `Families Defining Economic <br /> Success: Redefining 1lVealth &Poverty in Hawai`i"that laid the groundwork for Ho'owaiwai—The <br /> Hawai`i Asset Policy Initiative. <br /> • Public Policy: NRFC Policy Committee—HACBED was a member of the National Rural Funders <br /> Collaborative policy committee. <br /> • State Asset Policy Research—HACBED was one of six state asset policy initiatives that was the <br /> focus of research supported by the Fannie Mae Foundation and was part of the learning network <br /> comprised of the six state initiatives. <br /> • Children's Savings Project on Hawai`i Island—HACBED piloted a Kids Savings Initiative in <br /> partnership with the County of Hawai`i, Dr. Michael Cheang, and Hawai`i Island based credit <br /> unions. The key objective of the project was for children to develop a savings behavior early in <br /> life so they are able to build and maintain assets while ensuring economic security and well-being <br /> for the future. <br /> • Hawai`i Individual Development Account Collaborative (HIDAC) —HACBED served as fiscal sponsor <br /> and management agent for HIDAC, a collaborative of IDA practitioners and funders that <br /> provided restricted matched savings for low income individuals. Nearly 500 IDAs were opened; <br /> over$500,000 in participant savings was amassed with an earned match of nearly $800,000;more <br /> than 73 small businesses were started or expanded; 49 participants became first-time <br /> homeowners;and 53 participants acquired a post-secondary education. <br /> • National Rural Funders Collaborative (NRFC)—HACBED participated in the NRFC's (a <br /> collaborative of 12 national funders) learning network of 20 rural regional asset development <br /> collaboratives for 3 years. HACBED was also one of 6 teams chosen by NRFC to participate in <br /> the Aspen Institute and Annie E. Casey Foundation's training institute for Rural Family <br /> Economic Success (RUFES). <br /> • City &County of Honolulu Department of Community Services—HACBED developed an asset policy <br /> roadmap for the City& County of Honolulu. <br /> • Oahu 1lVorkforce Development Board—local economic development member that helped to create <br /> the Local Plan,guiding the City& County of Honolulu's efforts to collaborate with industry <br /> leaders and government to help Oahu's business grow, train and sustain a globally competitive <br /> workforce. Served on the Workforce Investment Board (Jan. 2013-Aug. 2015) and supported <br /> local workforce development initiatives that directly connected youth and employers <br /> 13 <br />
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