Oahu Economic Development Board

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 hawaii green growth and hawaii community benefits consultants.$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 2024. For oedb, development of examples of exporting knowledge and innovation expertise and importing monies to hawaii.

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.

Other program service accomplishments include providing support to the city & county of honolulu, the comprehensive economic development strategy (ceds), fiscal agent for hawaii green growth and hawaii community beneifts consultants