Maui Invents New Managed Retreat Revolving Fund

In this episode, hosts Peter Ravella and Tyler Buckingham head out to Hawaii to speak with Maui Councilmember Tamara Paltin about the innovative Managed Retreat Revolving Fund the County of Maui recently adopted. The champion of the Managed Retreat Revolving Fund ordinance, CM Paltin has a long history of service on the Maui coast, having lifeguarded there for 20 years prior to taking office. During that time, the shorelines of Maui underwent tremendous change, both naturally due to sea level rise, and unnaturally due to intense upland development. The new Managed Retreat Revolving Fund will specifically support shoreline improvements and the in-land relocation of infrastructure owned by the county and private entities. The money will come from 20% of the county's transient accommodations tax, which is estimated at $60 million. Will tourism tax fueled managed retreat funds be coming to other coastal communities around the American Shoreline soon? Find out, only on ASPN!