Last week, the Hawaii State Legislature introduced two bills that would expand methods for delivering funding to a community development entity (CDE) by allowing guarantees and credit enhancements. The Senate bill (S.B. 2895) and its companion House bill (H.B. 2387) would also increase total maximum funding amounts from $250,000 to $5 million that a CDE can receive from loans, guarantees and credit enhancements. S.B 2895 passed its first reading in the Senate and the House of Representatives referred H.B. 2387 to its Economic Revitalization & Business and Finance committees.