Program areas at Oahu Economic Development Board
Hawai'Hawaii'i green growth is committed to building a more resilient and sustainable future for hawai'iHawaii'i. Hawai'Hawaii'i green growth serves as the backbone organization for the aloha+ challenge, and coordinates a broad stakeholder base to identify areas for statewide action on hawai'i's 2030 sustainability goals. The partnership honors a collaborative and integrated approach to achieve environmental, social, and Economic prosperity for future generations. Hawaiian culture and values are the bedrock of the aloha+ challenge and hawai'Hawaii'i green growth, providing a trust-based framework to promote system-level change across hawai'iHawaii'i.
The new markets tax credits ("nmtc") program provides a tax incentive for private sector investment into Economic Development projects and businesses located in low-income communities. This program is overseen by u.s. department of the treasury and directly administered by the community Development financials institutions ("cdfi") fund. Nmtcs are allocated by the cdfi fund to community Development entities ("cdes"). Cdes offer nmtcs to investors in exchange for qualified equity investments for the purpose of making loans to qualified active low-income businesses.
The mission of the business Development program is to achieve healthy & prosperous Economic sectors focusing on Hawaii's needs and building upon our unique assets. This initiative included leadership engagement and Development, trust building, community building and Development for capacity building to increase jobs and wages into the future. The targeted sectors and programs included, comprehensive Economic Development strategy - contracted assistance with businesses, office of planning, state department of business, fiscal agent for the Oahu prevent suicide task force and boma (building owners and managers association of hawaii).$10,000 of revenue was received for the professional mentoring and advising for the center for diverse leadership in science. Also, coordination and organizing of the Board of directors for cdls as interim Board chair 2022. For oedb, Development of examples of exporting knowledge and innovation expertise and importing monies to Hawaii.
Other program service accomplishments include providing support to the city & county of honolulu, the comprehensive Economic Development strategy (ceds), fiscal agent for the Hawaii east prevent suicide taskforce, and Hawaii west prevent suicide taskforce.