Hawaii Community Reinvestment Corporation

Honolulu HI


The Hawaii Community Reinvestment Corporation (HCRC) is a non-profit multi-bank community development corporation that provides financing of affordable rental housing throughout the State of Hawaii. HCRC makes permanent mortgage loans at below market rates to for-profit and non-profit property owners to create, rehabilitate and preserve multi-family housing for low-income people. HCRC"s target market faces high housing development costs due to scarce land, imported materials, and high labor costs. HCRC reports that in the last three years, its financing has created or preserved 640 affordable rental units.

CDFI Awards for Hawaii Community Reinvestment Corporation


CORE (2000) - $1,000,000

The CDFI Fund"s $1,000,000 capital grant is intended to help leverage other outside funds to enable HCRC increase its equitygap financing for affordable housing in Hawaii.



Other Community Development Financial Institutions in Hawaii





Featured Government Grant Resources


Minority Business Enterprise Centers for Minority-Owned Businesses

The The Minority Business Development Agency has recently constituted the Minority Business Enterprise Centers (MBEC) Program wherein it aims to support minority-owned businesses by providing them with electronic and one-on-one business development services for a reasonably nominal fee.







Department of Agriculture: Value Added Producer Grants

The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.




Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.









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