Community-Based Economic Development

SBA Disaster Loan AssistanceOne Month Left to Apply for SBA Disaster Loans

Sacramento, Calif. – Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center – West today reminded Hawaii small businesses of the March 27, 2019, deadline to apply for an SBA federal disaster loan for economic injury caused by severe storms, flooding, landslides and mudslides that occurred April 13 – 16, 2018.

According to Garfield, small non-farm businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations of any size may apply for Economic Injury Disaster Loans of up to $2 million to help meet working capital needs caused by the disaster. “Economic Injury Disaster Loans may be used to pay fixed debts, payroll, accounts payable and other bills that cannot be paid because of the disaster’s impact. Economic injury assistance is available regardless of whether the applicant suffered any property damage,” Garfield said.

These low-interest federal disaster loans are available in the City and County of Honolulu and Kauai County.

The interest rate is 3.58 percent for businesses and 2.5 percent for private nonprofit organizations with terms up to 30 years. Loan amounts and terms are set by SBA and are based on each applicant’s financial condition.

Applicants may apply online, receive additional disaster assistance information, and download applications at Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email for more information on SBA disaster assistance. Individuals who are deaf or hard-of-hearing may call (800) 877-8339. Completed applications should be mailed to U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.


About the U.S. Small Business Administration

The U.S. Small Business Administration makes the American dream of business ownership a reality. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit




5th Annual Conference on Community Development &Financing

Monday, March 27, 2017

William S. Richardson School of Law

The Purpose of the Conference

As the demand for funding developments (i.e. capital improvement and energy projects) increases, traditional methods of capitalizing projects become increasingly inadequate. There are alternatives. By creatively structuring projects, communities, nonprofit organizations and businesses (nonprofit and for-profit) are able to access capital. Capital requires organizational capability and capacity that some entities already have. It sets a goal post for others that can be met by strategically planning their approaches for the next several years.

This Conference will provide information and a road map for communities, nonprofit organizations and businesses to improve their ability to access funding sources including programs like the federal New Markets Tax Credit (NMTC) program and the United States Department of Agriculture (USDA), programs run by the State of Hawaii, and private foundations that have been highly successful in Hawaii and in other parts of the county.

This Conference is about building organizational capabilities so that more communities, nonprofit organizations, and businesses are able to secure funding needed to construct projects, create jobs, and provide needed services and products to the State of Hawaii.

Please visit for more information on the conference or to register online.



For updated information, please see above “$25 million in low-interest disaster loans approved for Businesses, Nonprofits and Residents impacted by Kilauea Volcano damages”

SBA Economic Injury Disaster Loans Available to Hawaii Small Businesses

SACRAMENTO, Calif. – Small, non-farm businesses in Hawaii County are now eligible to apply for low‑interest federal disaster loans from the U.S. Small Business Administration (SBA). These loans offset economic losses because of reduced revenues caused by the drought in Hawaii County that began on April 5, 2016, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center ‑ West.
“SBA eligibility covers both the economic impacts on businesses dependent on farmers and ranchers that have suffered agricultural production losses caused by the disaster and businesses directly impacted by the disaster,” Garfield said.

Read the full article.



CBED Accelerator Logo

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Click here to learn more about the CBED Accelerator.



CBED logoThe Legislature created a Community-Based Economic Development (CBED) Program in the Department of Business, Economic Development & Tourism with Act 111, SLH 1991, codified as Chapter 210D, Hawaii Revised Statutes.

The CBED Program offers loans, grants and technical assistance to eligible non-profit, geographic, cultural or economic-based community groups to develop viable, sustainable business ventures that serve local needs and are compatible with the vision, character, and cultural values of their communities.

Community Based Economic Development is a strategy for addressing the needs of low-income communities. As the dialogue about incorporating community vision and values into present day Hawaii continues, CBED stands out as a necessary strategy to achieve those goals by bringing community empowerment and increased capacity, as well as conservation of local resources. CBED is a proven strategy that is different than traditional economic development because it emphasizes community reinvestment and opportunities. CBED is a complete process that not only addresses a community’s economic needs, but its social needs as well. CBED strategies help maintain Hawaii’s cherished quality of life for its residents for the long term while community-based organizations (CBOs) provide social services and ecosystem services that make a locality attractive to new and appropriate investment and economic development.

Development Grants for Non-Profits

Recognizing the value of “grassroots” planning, support and decision-making, the Hawaii State Legislature created the CBED program and revolving fund in 1990.

The Program offers loans, grants and technical assistance to eligible non-profit, geographic, cultural or economic-based community groups. These groups can develop viable, sustainable business ventures that serve local needs and are compatible with the vision, character and cultural values of their communities.

Mission Statement

Successful community-based economic development integrates viable economic projects to promote a community’s vision for its future health and quality of life.

The CBED program provides training and capacity building opportunities to promote, support, and invest in community-based development projects that result in measurable economic impact.

Progress / Accomplishments

Since its inception, Hawaii’s CBED Program has demonstrated the effectiveness of community-based economic development in Hawaii. Accomplishments from 1991 through 2009 include:

  • Every dollar of State funds invested in communities through the CBED Program has been matched by an average of 11 (eleven) dollars of financing from over 30 different sources.
  • Over $3.4 million has been committed to more than 143 community-based organizations statewide.
  • In FY2001, community-based organizations reported projects generating 93 new jobs or businesses.

To access CBED annual reports, please click here:

For older reports, please see:


CBED Grant Minimum Eligibility Requirements and Allowable Expenses

Project Match Grant (PMG):

  • Non-profit or Cooperative Association status
  • A CBO (a membership-based organization)
  • Economic Development outcome
  • PMG application

Planning & Organization Development (POD):

  • Have applied for IRS status or arranged sponsor within 6 months
  • Forming a CBO or is a CBO
  • Show economic development potential
  • POD application

Allowable Expenses:

  • Equipment rentals
  • Planning
  • Promotion/Advertisement
  • Air or ground travel with justification
  • Research and Survey expenses
  • Technical, Training & Planning Consultants
  • Board or Member training curriculum development
  • Compensation for staff for project related activities

Non-Allowable Expenses:

  • Facilities (maintenance, improvements, operating expense, etc.)
  • Construction
  • Utilities
  • Insurance
  • IRS and State application fees
  • Equipment purchases
  • Rent (Office/ Bldg)
  • Normal operating expenses

Hawaii Administrative Rules, Act 111 SLH1990


For more information regarding the Community Based Economic Development Program, contact Wayne Thom at



CBED Advisory Council Members

Rachel James

Exp: 06/30/2021

JoAnn Inamasu

Exp: 06/30/19

Dennis T. Ling

Representative for Director, Luis P. Salaveria
Department of Business, Economic Development. & Tourism


James Patterson

Representative for Chair Colette Y. Machado
Office of Hawaiian Affairs


Nancy Elvira Lo

Exp: 06/30/2019

Kaleokalani Kuroda

Exp: 06/30/2019

Dean M. Matsukawa

Representative for Chair Scott Enright
Department of Agriculture


Lyn McNeff

Exp: 06/30/2019

Jane Horike

Hawaii Hilo
Exp: 06/30/2018