§210D-1 Findings and purpose. The legislature finds that: (1) It is in the best interest of the State to bring about a diversification of opportunities in all aspects of life for the residents and communities of the State; (2) Community-based enterprises play an important part in providing a diversification of opportunities for Hawaii’s residents and […]
§210D-10 Terms of loans. Loans shall be made to qualified applicants with the following terms and conditions: (1) The amount of the outstanding balance on all loans issued under this chapter to any one applicant at any one time shall not exceed $250,000; (2) The maximum term of a loan shall not exceed ten years; […]
§210D-11 Grants; conditions and qualifications. (a) Grants shall be made for amounts not to exceed $100,000 for each applicant. Applications for grants shall be made to the department and contain such information as the department shall require by rules adopted pursuant to chapter 91. At a minimum, the applicant must show that: (1) The grant […]
§210D-12 Priorities and preferences. In selecting applicants for funding, the department shall make every effort to ensure that community-based economic development activities and community-based enterprises are distributed throughout the State. [L 1990, c 111, pt of §2; am L 1996, c 192, §12]
§210D-13 Exemption from chapters 42F and 103D. The provisions of chapters 42F and 103D shall not apply to the grants made pursuant to this chapter, but all grants made under this chapter shall be made only in accordance with the standards and conditions specified in section 210D-11. [L 1990, c 111, pt of §2; am […]
§210D-14 Annual report. The department shall submit a report of the actions taken under this chapter which shall be included in the annual report pursuant to section 201-10. [L 1990, c 111, pt of §2]
§210D-2 Definitions. As used in this chapter: “Community-based economic development” means a community institution-building process that results in community-based enterprises and other economic development activities which are designed and implemented by a community; consistent with a community’s values, culture, and vision; and intended to increase community control over local resources and decision-making processes. “Community-based organization” […]
§210D-3 Hawaii community-based economic development technical and financial assistance program. There is established the Hawaii community-based economic development technical and financial assistance program, placed within the department. [L 1990, c 111, pt of §2; am L 1996, c 192, §4]
§210D-4 Hawaii community-based economic development special fund; established. There is established a special fund to be known as the Hawaii community-based economic development special fund from which moneys shall be loaned or granted by the department under this chapter. All moneys appropriated to the fund by the legislature, received as repayments of loans, payments of […]
§210D-5 Community-based economic development advisory council; established. There is established the community-based economic development advisory council, which shall consist of ten members. The director of business, economic development, and tourism, the chairperson of the board of agriculture, and the chairperson of the office of Hawaiian affairs, or their respective designees, shall be ex officio[,] voting […]
§210D-6 Compensation and expenses of members. All members shall serve without compensation, but may be reimbursed for any actual and necessary expenses, including travel expenses, incurred in carrying out their official duties. [L 1990, c 111, pt of §2; am L 2009, c 124, §4]
§210D-7 Authority of council. The council shall review all requests for financial assistance to assess whether the proposed community-based economic development activity or enterprise is likely to achieve the purposes of this chapter. The council shall make recommendations to the department regarding the appropriateness of the proposed activity or enterprise, and the department shall then […]
§210D-8 Powers and duties. The department shall have the necessary powers to carry out the purposes of this chapter, including the following: (1) With advice from the council, prescribe the qualifications for eligibility of applicants for loans and grants; (2) With advice from the council, establish preferences and priorities in determining eligibility for financial assistance; […]
§210D-9 Loans; limitation and terms. Loans made under this chapter shall be for the purposes and in accordance with the terms specified in paragraphs (1) and (2) and shall be made only to applicants who meet the eligibility requirements specified therein. (1) Community-based enterprise establishment and improvement loans may be made to provide for: (A) […]
