This EDA investment supports the mountain – plains regional native cdfi coalition, led by the four bands community fund, with growing the indigenous finance sector in montana, north dakota, south…

Ended Project Grant Awarded

Award ID
057906247
Recipient
Awarding agency
Obligated
$6,361,698

Award facts

Assistance listing
11.307 Economic Adjustment Assistance
Completion date
Funding
  • $6,051,698.00 Federal
  • $310,000.00 Non-federal
Place of performance
Crow Agency, MT 59022, USA

Award details come from USAspending.gov.

Description

As the agency reported it.

This EDA investment supports the mountain – plains regional native cdfi coalition, led by the four bands community fund, with growing the indigenous finance sector in montana, north dakota, south dakota, and wyoming by expanding economic opportunity in native american communities through an alliance of nine native community development financial institutions (CDFIS). The projects funded as part of this award include the creation of a regional revolving loan fund intended to strategically deploy financial investments to native entrepreneurs and small businesses. EDA funding also will stand up a workforce training program, improve data infrastructure, and make other investments that will expand the capacity of the indigenous financial sector. Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. Competitiveness globally.

Quick answers

Who received award 057906247?

057906247 was awarded to Plenty Doors Community Development Corp by Economic Development Administration (Department of Commerce) on September 8, 2022.

How much is award 057906247 worth?

$6,361,698 has been obligated on 057906247: $6,051,698 in federal funding and $310,000 in non-federal funding.

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