Saturday, June 15, 2024
Hawai'i Free Press

Current Articles | Archives

Thursday, December 31, 2015
First Hawaiian No Longer Servicing OHA ‘Malama Loans’
By Andrew Walden @ 12:05 AM :: 4960 Views :: OHA

Mālama Loan transition FAQs

Posted on OHA Website December 29, 2015

The Mālama Loan Program (NHRLF) is designed to help provide all people of Native Hawaiian ancestry better access to credit, capital, and financial services & skills as part of a larger effort to create jobs, wealth, and economic & social well-being for all the people of Hawai‘i.

First Hawaiian Bank will no longer be servicing OHA loans. OHA will be administering the loan services directly. For your convenience, we’ve provided an updated list of frequently asked questions related to the Mālama loan program during this period of transition. If you have any additional questions, you can contact OHA’s Native Hawaiian Revolving Loan Fund Manager:

Timmy Wailehua, M.B.A.
Office: (808)594-1911
Fax: (808)594-0255

Frequently Asked Questions (Updated 12/29/15)

Q: When are coupon books being sent to customers?
A: Coupon books will be sent out the beginning of February.  If books are not received by your February payment, continue to send payment to the address below.

Q: If we receive coupon books after our monthly payment date are we being assessed a late fee?
A: ALL MONTHLY PAYMENTS ARE STILL REQUIRED, but NO Late Fees will be assessed in January and February.

Q: Can we make payments due January in February?
A: January payments are still due upon individual borrowers payment date.

Q: What does OHA require to be placed on checks?
A: Please have customers  place their Loan numbers on the Check Memo line to identify their loan.

Q: Do we continue to make payments to FHB? Where should we send the payments for January?
A: NO, payments should be made to “The Office of Hawaiian Affairs”. You may send payments to:

OHA Malama Loan Fund
P.O. Box 30960
Honolulu, HI  96820-0960

Q: What is this letter regarding Transfer from First Hawaiian Bank?
A: The letter is to inform customers that FHB will no longer be servicing their OHA Loan and that OHA will be administering the loan services solely.

Q: Can we make cash payments?
A: Cash payments for the exact amount will only be accepted at our OHA main office reception located at 560 N. Nimitz Hwy., Suite 200.

  *   *   *   *   *

OHA: Debt Consolidation loans are unavailable until further notice. *After Aug. 31, 2015 loan applications will no longer be accepted at First Hawaiian Bank. Applications for Mālama Loans now being accepted online at OHA.org beginning Sept. 1, 2015.

Dec 2, 2015: Expanding business & profits with Mālama Loans

 

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii