Hawaiʻi County Disburses $14,000 to 14 Savings Challenge Graduates
Updated
Updated · Big Island Now · Jun 24
Hawaiʻi County Disburses $14,000 to 14 Savings Challenge Graduates
1 articles · Updated · Big Island Now · Jun 24
Summary
More than $14,000 in one-time matching payments went to 14 County of Hawaiʻi participants who completed a six-month savings challenge and saved every month.
The Sponsored Savings Program required Family Self-Sufficiency participants in good standing to deposit at least $50 monthly into a qualified account, with matches of up to $1,500 after verification.
Participants said they will use the money to cut debt, build larger savings, visit relatives serving in the military and strengthen long-term financial stability.
The program builds on HUD’s Family Self-Sufficiency model for Housing Choice Voucher recipients, while other Hawaiʻi Island residents can access separate free county-backed financial coaching and budgeting services.