Hawai‘i Community Stabilization Initiative

Launched in December 2009, the Hawai‘i Community Stabilization Initiative is a six-year, $8 million program designed in two phases to “stabilize” communities, help families survive the economic crisis and build a stronger and better future. 

Phase one provides immediate support to families by connecting them with government assistance programs and providing more people with mortgage foreclosure and personal finance counseling and assistance.  The $4.6 million commitment needed for phase one was anchored by a $2.25 million lead grant from the Omidyar ‘Ohana Fund at the Foundation.  The additional $2.35 million came from a group of 10 funders: the Atherton Family Foundation, Cooke Foundation, Ltd., Seto Foundation, American Savings Bank, First Hawaiian Bank, McInerny Foundation, Harold K. L. Castle Foundation, and along with the Kosasa Family Fund, Stupski Family Fund and Community Needs Fund at the Hawai‘i Community Foundation.

Phase two strategies will be announced in 2012.