CARES Act funding still available for households in need

Coronavirus

Stack of 100 dollar bills with illustrative coronavirus stimulus payment check to show the virus stimulus payment to Americans

HONOLULU (KHON2) — Hawaiian Electric is reminding customers facing financial hardships due to COVID-19 that federal assistance is available through the CARES Act.

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Hawaiian Electric is urging those interested to apply quick as end-of-year deadlines for these assistance programs are fast approaching.

City & County of Honolulu – Small Business Relief and Recovery Fund

Program provides up to $50,000 in CARES funding reimbursement to qualified businesses, depending on gross annual revenue:

  • Up to $20,000 for business with up to $2 million in annual revenue
  • Up to $30,000 for business with $2 to $3 million in annual revenue
  • Up to $40,000 for business with $3 to $4 million in annual revenue
  • Up to $50,000 for business with $4 to $5 million in annual revenue

Maui County – Kokua Maui County Small Business Recovery & Relief Fund

  • Program provides maximum grant award of $7,500 in CARES funding for businesses with $2 million or less in annual gross revenue
  • Eligible expenses include rent/lease payments, utilities, COVID-19 safety precautions at place of business
  • Applications will be accepted online only through Oct. 31, 2020

Hawaii County – Holomua Hawaii Small Business Relief & Recovery Fund

  • Program provides CARES funding in the form of one-time reimbursement grants up to $10,000 to businesses and nonprofit organizations with 50 or fewer employees
  • Eligible expenses include rent, payroll, non-government utilities, costs to meet social distancing requirements and employee/customer safety, medical insurance premiums, workers compensation and other annual expense.

Hawaiian Electric is also offering its customers interest-free payment plans to help keep past due balances manageable.

“Connecting our commercial customers to these federal funds helps boost our local economy and provides much-needed financial relief to businesses impacted by the COVID-19 pandemic. We’re here to work with our customers to help them through this difficult time.”

SHELEE KIMURA, HAWAIIAN ELECTRIC SENIOR VICE PRESIDENT OF CUSTOMER SERVICE.

For more information on COVID-19 financial relief, visit their website.

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