This $6.36 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program will support the Mountain | Plains Regional Native CDFI Coalition's efforts to expand economic opportunity in Native American communities in Montana, North Dakota, South Dakota, and Wyoming. Led by the Four Bands Community Fund, the coalition of nine Native Community Development Financial Institutions will use the funding to create a $6.36M revolving...
This $6.8 million Economic Development Administration project grant supports the Mountain | Plains Regional Native CDFI Coalition led by Four Bands Community Fund. The Coalition will grow the Indigenous finance sector across Montana, North Dakota, South Dakota and Wyoming. Key deliverables include establishing a $6.8 million revolving loan fund for Native entrepreneurs and small businesses. Additionally, the Coalition will implement a workforce training program, improve data infrastructure,...
This $496,860 project grant from the Department of Commerce Economic Development Administration supports the Four Bands Community Fund coalition's proposal to develop an Indigenous finance industry serving Native communities in North Dakota, South Dakota, Montana, and Wyoming. Through five component projects including strategic planning, workforce development, infrastructure development, an innovation center, and a revolving loan fund, the coalition will build the Indigenous finance industry...
The federal Project Grant award of $400,000.00 was provided by the U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012). The purpose of the grant is to promote economic revitalization and community development by providing technical assistance to build the capacity of Native Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will be used to support eligible activities such...
The Lakota Fund, Inc. was awarded a $10 million Project Grant from the Department of Commerce Economic Development Administration under the Economic Adjustment Assistance program (CFDA 11.307) to address severe housing shortages on nine tribal reservations in South Dakota. As the lead organization for the Building Jobs, Building Homes project, Lakota Fund will train Indigenous people in construction trades and certify them as appraisers and inspectors through partnerships with South Dakota State...
The Economic Development Administration of the Department of Commerce awarded $306,000 to the Oglala Sioux Tribe of Pine Ridge Indian Reservation through September 2025 under the Economic Development Support for Planning Organizations grant program (CFDA 11.302). The funding will support development of a Comprehensive Economic Development Strategy for a four-county region in South Dakota served by the Oglala Sioux Tribe. The CEDS process brings together public and private sector stakeholders...
The Economic Development Administration within the Department of Commerce awarded a $180,000 Project Grant to the Intertribal Council Inc. to support the update and continued implementation of a Comprehensive Economic Development Strategy for the region served by the Inter-Tribal Council through December 31, 2024. Under the Economic Development Support for Planning Organizations program (CFDA 11.302), the grant funding will allow the Intertribal Council to create and guide regional economic...
This Project Grant award, totaling $400,000 and provided by the U.S. Department of the Treasury Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012), aims to promote economic revitalization and community development by building the capacity of Native Community Development Financial Institutions (CDFIs) and emerging CDFIs through technical assistance. The award recipient, the Arizona Native Asset Coalition Corporation, will use the funds...
The Economic Development Administration awarded a $531,216 project grant to George Washington University under the Economic Adjustment Assistance program (CFDA 11.307) to implement the South Dakota Native Tourism Project. The project will help nine tribal communities in Eagle Butte, South Dakota identify strategies to extend their summer and winter tourism seasons year-round and diversify their tourism sector by highlighting underexposed tourist and outdoor recreation attractions. This aims to...
The U.S. Department of Commerce Economic Development Administration (EDA) awarded $150,000 under its Economic Development Technical Assistance (CFDA 11.303) federal grant program to the Native American Development Center in Bismarck, North Dakota. The funding supports completion of a feasibility study to determine if establishing a business incubator primarily serving the local Native American population is viable. The study will analyze costs, facility needs, equipment requirements, and...