Sign Up or Log In »

Assets Hawaii

Ho`owaiwai Blog

Press Release - Report Identifies Housing Barriers and Solutions for Hawaii Families At-Risk of Homelessness

Feb 6, 2012

Description:
February 3, 2012 Press Release
FOR IMMEDIATE RELEASE

Report Identifies Housing Barriers and Solutions for Hawaii Families At-Risk of Homelessness WAIANAE, HI - On January 23rd, HUD-approved housing counseling agency, Hawaiian Community Assets (HCA) unveiled an Annual Project Report providing an overview of the first 12 months of the organization's 3-year, $3.1 million project funded by the Administration for Native Americans and Office of Hawaiian Affairs to increase the transition rates and long-term financial success of individuals and families residing in transitional shelters on the Waianae Coast.

According to the report, HCA provided housing education and counseling services to 148 individuals residing at 3 targeted transitional shelters. On average, individuals who received at least 8 hours of financial training and counseling, increased their income by $232, decreased their debt by $1,618, and improved their credit scores by 261 points.

In addition, HCA facilitated focus groups with individuals and families residing in the shelters to outline key barriers and solutions to their housing situation. Participants identified increasing the number of affordable housing units in the State as the primary solution that will allow for transition into permanent housing for families experiencing homelessness.
Key Findings of the report include:
* The primary barriers to housing were identified as 1) Income and 2) Credit.
* A disproportionate percentage of Native Hawaiians reside in transitional shelters on the Waianae Coast (59% at targeted shelters) than reside in Hawaii (22%) or the Waianae Coast (27%).
* 9 of 10 unemployed project participants rely on public benefits to prevent homelessness.
* The average annual pay rate of project participants is $997.45/month, or $12,050.26 annually, which is less than the State's poverty level threshold.
* Employed project participants would have to work 120 hours per week, or 3 full-time jobs, for 52 weeks to secure and sustain a 1-bedroom rental at Fair Market Rent for Honolulu County.  
* 75% of project participants, who authorized HCA to pull their credit report, have a credit score that would make them ineligible to qualify for public housing.
* 95% of project participants, who authorized HCA to pull their credit, would be automatically disqualified to simply enter the lottery for a rental unit in an upcoming private, affordable housing development due to insufficient credit and/or income.
For more information contact HCA at 1.866.400.1116 or via email at info@hawaiiancommunity.net .

Hawaiian Community Assets is a HUD-approved housing counseling agency and Native Community Development Financial Institution that builds the capacity of low- and moderate-income communities to achieve and sustain economic self-sufficiency with a particular focus on Native Hawaiians. Our philosophy supports permanent housing, culturally-relevant financial education, and asset building programs to achieve our mission.

Comments

Leave a Comment

?
You Type You See
*italics* italics
**bold** bold
[ask google](http://google.com) ask google
+ item 1
+ item 2
+ item 3
  • item 1
  • item 2
  • item 3
> a really cool quote from a nice person
a really cool quote from a nice person

* Required information

Comment Preview

Copyright © 2012 Ho'owaiwai NETWORK
c/o Hawaii Alliance for Community-Based Economic Development (HACBED)
677 Ala Moana Blvd, Suite 702, Honolulu, HI 96813

Powered by ARCOS | Design by Plus Three