Rural Community Assistance

Loan Fund:The Department had a year record breaking year. The Loan Fund closed 72 loans for over $104 million in our rural communities. This generated 815 of affordable housing units, helped produce and repair 10,465 waste/water connections, created 3,910 in community facility space and helped create or retain 2,173 jobs. RCAC began making loans to Native owned businesses through the SSBCI program, closing 3 loans for a total of $500,000 in partnership with the Cahuilla and San Pasqual tribes. The pipeline of applications remains strong, the outstanding portfolio stood at over $151.8 million…

Rcacs other services include capacity building, training, and resources for other nonprofit organizations.

Housing: Mutual Self Help Housing RCAC assisted our 41 grantees to build 456 new construction homes and rehabilitate 60 homes, despite frequent pauses in Federal funding. The Housing Counseling program provided training both on-line and in person. 34 on-line trainings educated 742 attendees and 14 in person trainings educated 224 attendees. Staff continues to support 13 local housing counseling organizations with HUD funding and technical assistance. Staff is preparing to on-board at least three new organizations in FY26.Development Solutions continues to work with non-profits in Hawaii,…

Building Rural Economies:RCAC's Building Rural Economies department closed out FY25 strong, working alongside 41 community partners throughout RCAC's service area providing training, technical assistance and small business coaching. BRE facilitated trainings that included 836 participants where 32% belonged to Native or Indigenous communities. BRE partnered alongside 11 Native American Tribes and 3 Native CDFIs. BRE staff have completed or have in progress 60 Smart Growth Projects including several Recharge Our Community's Economy (ROCE) workshop series and 26 Entrepreneurial Ecosystem…