Kalihi businesses impacted by rail construction can soon apply for financial relief
HONOLULU (HawaiiNewsNow) - Kalihi businesses hurt by the rail construction can soon apply for financial relief.
The city will accept applications for the Transit Construction Mitigation Fund (TCMF) Grant online from Jan. 27 to Feb. 7.
The fund was established when the Honolulu City Council passed Bill 40 last January to provide relief to eligible local businesses impacted by construction of the Honolulu Rail Transit Project.
Applicants can receive grants of up to $10,000, which will be awarded on a first-come, first-served basis.
To be eligible for the grant, business must:
- Have 15 employees or less;
- Generate less than $750,000 in annual revenue;
- Are located within one block of active rail construction on Dillingham Boulevard;
- Are currently open for business;
- Are majority owned by City residents;
- Were open for business at their current physical location before Jan. 1, 2022; and
- Meet the business 10% revenue decline requirement.
The city says it intents to consider TCMF grants for business along the active construction corridor for the rail line.
“The small businesses that make Kalihi so special have been suffering throughout Rail’s development,” said Councilmember Santos-Tam. “I’m glad that after years of talking about throwing them a lifeline, we’re finally actually doing it.”
Additional information about grant availability and the application process can be found here.
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