New Markets Tax Credit Coalition

  • O'Oakala,
  • HI
  • (2009)

LHF Lopiwa

District: Jill Tokuda (D-HI02)

The construction of a new, state-of-the-art veneer mill and the conversion to biomass fuel of two oil-fired electric generation plants.

Investment

  • NMTC Amount: $25,000,000
  • Total Project Cost: $73,000,000

IMPACT

  • 65 FTE jobs
  • 359 construction jobs

CDEs

, ,

Investor

Project Description

This project involves the transformation of former sugar plantation land into a eucalyptus plantation, the construction of a new, state-of-the-art veneer mill and the conversion to biomass fuel of two oil-fired electric generation plants. This project realizes economic goals of the state of Hawaii to revitalize the economy and environment.

MAP

Address: , O'Oakala, HI 96774

Census Tract: 15001022102

Missing information? Submit an update or correction.

Other Hawaii Projects

Lana’i Community Health Center
  • Lanai City,
  • HI
  • (2015)
  • CDE(s): CEI Capital Management
Federally qualified health center builds local workforce while improving healthcare access.
Learn more..
Molokai Community Health Center
  • Maunaloa,
  • HI
  • (2012)
  • CDE(s): Travois
The Molokai Community Health Center, a nonprofit organization that seeks to improve the quality of life for residents of the Hawaiian island of Molokai, who are predominantly Native Hawaiians.
Learn more..
Hoku Scientific
  • Kapolei,
  • HI
  • (2003)
  • CDE(s): Advantage Capital
In December 2003, the Fund invested $250,000 in Hoku Scientific Inc. as part of an approximately $5M round of equity financing.
Learn more..
The Kailapa Community Resources Center
  • Pepeekeo,
  • HI
  • (2017)
  • CDE(s): Wells Fargo
NMTC financing made the planning, design, and construction of the Kailapa Community Resource Center possible.
Learn more..