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The NACA Program will make approximately $12 million available to various CDFIs that serve Native American, Alaskan Native or Native Hawaiian communities.

Nov 15, 2011 5:16PM

New round of federal CDFI funding begins

U.S. Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund Director Donna Gambrell announced the opening of the Native American CDFI Assistance (NACA) Program's fiscal year 2012 funding. More…

Several California organizations were selected for their work providing either technical assistance and training or providing loans to rural microentreprenuers and microenterprises. Montana, New Mexico and Washington are also among the states chosen.

Nov 14, 2011 6:00PM

USDA takes steps to support rural businesses, entrepreneurs, communities More…

Community Development Financial Institutions and other organizations will, in turn, use the funds to provide loans, marketing assistance, business plan development and other help to local businesses.

Oct 21, 2011 5:17PM

NWAF initiative to support Native American entrepreneurship, businesses More…

The CDFIs then use the funds to support projects such as child care centers, micro-loans to small businesses and water hook-ups in low-income communities.

Oct 5, 2011 6:59PM

COIN program extension means continued funding for CDFIs More…

The Department of Justice granted $118.4M to Native tribes

Sep 26, 2011 3:31PM

DOJ approves $118.4M funding to enhance security of Native tribes More…

USDA Under Secretary meets with electric utility leaders to promote rural growth.

Sep 23, 2011 2:28PM

USDA Under Secretary promotes rural growth to electric utility leaders More…

The CDFI Bond Program provides CDFIs with $1 billion in guaranteed government loans every year until 2014 to fund focus areas such as business development.

Sep 8, 2011 2:00PM

CDFIs meet to discuss bond program More…

 

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