AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION
Housing for Hawaii's Families
One of Hawaii’s greatest challenges continues to be providing affordable housing and economic opportunities for our residents, families and seniors. AHED is a 501(c)(3) nonprofit corporation whose mission is to support the preservation, rehabilitation and development of, and access to, affordable and workforce housing, and to support economic opportunities for lower-income families.
AHED works to advance its housing mission in three main areas: (1) providing relief for the poor and distressed by creating and preserving low-income housing; (2) providing relief for the elderly or physically handicapped by supporting affordable housing that services their special needs; and (3) addressing the needs of Hawaii’s workforce by supporting the development of workforce housing and economic initiatives intended to decrease the disparity between the cost of housing and the incomes of individuals and families.
AHED’s economic development goal is to encourage and foster employment and business opportunities in lower-income communities in Hawaii, thereby improving the residents’ quality of life. AHED accomplishes this goal by supporting organizations who provide: (1) education and job training to lower income residents, (2) childcare and similar programs for the children of lower income residents to allow parents time to work or further their education and job training, (3) support entrepreneurship and small businesses in lower-income communities where they can provide quality job opportunities for residents and easier access to goods and services closer to their homes, and (4) encourage larger businesses to expend more resources toward affordable housing and transportation options for their workforce employees.
AHED functions primarily as a funding organization that secures affordable housing and economic opportunity grants, loans or other funding from governmental agencies, lenders, public and private companies and charitable organizations, and partners with affordable housing developers and service providers to promote, preserve and provide affordable housing and economic opportunities to residents in need.
OUR BOARD OF DIRECTORS
SCOTT W. SETTLE
Strategic Planning, Project Development, Legal Compliance
Financial Oversight, Fundraising
DAVID F. FASI
Community Outreach, Project Due Diligence, Procuring Funding
Community Outreach, Project Operations
WHAT WE DO
Creating, developing and preserving low-income housing for the poor, distressed, elderly and handicapped.
Supporting and faciliating the development of housing for Hawaii's working families.
Decreasing the disparity between the cost of housing and the individual and family incomes through economic initiatives.
Supporting programs that provide job training, childcare services, and economic development.
Securing private and public loans and grants to fund affordable housing development.
Partnering with housing developers and service providers to promote, preserve and provide housing.
CAPITAL CAMPAIGN UPDATE $500,000
Make a Donation, Change Your Community
Without the support of our donors over our inaugural year, AHED would not have been able to commence operations or begin filling a vital role in helping people whose lives are impacted by the lack of affordable and workforce housing in the State of Hawaii.
Thanks to the donations received, in our first year of operations, AHED has successfully helped to finance and develop thirty (30) rental homes in Lihue, Kauai for seniors with low and fixed incomes. And we have begun to target several other affordable housing projects on the Big Island, Oahu and Maui where we believe we can preserve or expand the state's affordable housing stock.
Accordingly and in an effort to expand AHED's capacity to meet its charitable mission, we have commenced a capital fundraising campaign with a goal of raising $500,000 over the next few months. These funds will allow us to hire additional staff, purchase and put in place equipment and systems to better oversee the progress and operation of our projects, and aggressively pursue new housing finance and development opportunities on Oahu and the neighbor islands.
To help us meet our capital campaign goals, please consider providing a tax-deductible donation.
Make a Difference
We would be so very grateful if you would consider providing us a tax-deductible donation to support our mission. With the assistance of community-minded businesses and individuals like you, we pledge to serve the housing and economic needs of our local communities and residents.