Loan Relief and Financial Counseling for Federal Employees (Federal Layoffs/Funding Cuts Program)

Q: How much funding does Loan Relief and Financial Counseling for Federal Employees (Federal Layoffs/Funding Cuts Program) provide?

Funding amounts vary. Check the grant details for specifics.

Q: When is the deadline for Loan Relief and Financial Counseling for Federal Employees (Federal Layoffs/Funding Cuts Program)?

This grant has a rolling deadline or the deadline has not been announced.

HAWAII COMMUNITY LENDING

Foundation One-time Hardship Grants Economic Services Grants

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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Loan Relief and Financial Counseling for Federal Employees

Status: Active as of document date (2026)

Geographic Scope: Hawaiʻi statewide

Background: Joint effort between Hawaiʻi Community Lending and Hawaiian Community Assets (HCA) to support workers impacted by federal layoffs and funding cuts.

Scope of Impact: Expected impacts:

More than 2,200 federal worker layoffs

Estimated 1,200 additional layoffs due to government downsizing and cuts to federal programs

Eligibility:

Current HCL borrowers who have lost employment or income

Workers recently laid off by federal government

Those impacted by federal funding cuts across Hawaii

Must provide proof of financial hardship

Relief Options for HCL Borrowers:

Refinance: Available to borrowers with 12+ months of on-time payments; helps lower monthly payments

Forbearance: Pause payments for up to 12 months

Temporary Interest-Only Payments: Make interest-only payments for up to 12 months

Loan Modification: Adjust loan terms to reduce monthly payments

Support Services (HCA):

Emergency financial counseling for all affected workers

Create emergency household budgets

Access to benefits and public assistance information

Referrals for:

- Rental support
- SNAP (food assistance)
- Healthcare

Long-term financial stability planning

Support applying for OHA Emergency Financial Assistance Program

Additional Resources:

Educational video series on financial rights and options

Tools to prevent foreclosure

Available on HCL and HCA websites and social media

Contact & Information:

HCL: HawaiiCommunityLending.com

HCA: HawaiianCommunity.net

Navigation Specialists available for assistance

Contact: www.hawaiicommunitylending.com

How to Apply

How to Access Loan Relief and Financial Counseling

1. Contact HCL/HCA: Reach out through one of the listed contact methods
2. Verify Eligibility: Provide proof of:
- Federal employment layoff or funding cut impact
- Financial hardship
- HCL loan account (if borrower)
3. Assess Relief Options: HCL reviews loan history and circumstances
4. Select Relief Program: Choose appropriate relief option (refinance, forbearance, interest-only, or modification)
5. Emergency Financial Counseling: Enroll with HCA for comprehensive counseling services