Project Grant 057906247
- 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 Economic Development Administration awarded a $24.2 million Project Grant to the Four Bands Community Fund Inc. under the Economic Adjustment Assistance program (CFDA 11.307). The grant will support the Mountain | Plains Regional Native CDFI Coalition led by Four Bands Community Fund in growing the Indigenous finance sector across Montana, North Dakota, South Dakota, and Wyoming. Key deliverables include establishing a $24.2 million revolving loan fund for Native entrepreneurs and small...
- This Project Grant award of $400,000.00 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012) is intended to promote economic revitalization and community development for Native American communities. The funding will provide technical assistance to build the capacity of certified and emerging Native Community Development Financial Institutions (CDFIs) to serve low-income and underserved Native...
- 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 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...
- This $1.94 million Economic Development Administration Project Grant supports Little Big Horn Community College in establishing design and engineering for the Apsaalooke Cultural Center in Crow Agency, Montana. The Cultural Center aims to support recovery and expansion of the tribe's tourism economy by highlighting its cultural amenities and rich Apsaalooke heritage. This is intended to create more stable, year-round jobs; spark new business opportunities to replace those lost during the...
- 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...
- This $400,000 Project Grant award from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund, under the CFDA program titled "Native Initiatives" (21.012), is intended to promote economic revitalization and community development through technical assistance to build the capacity of Native Community Development Financial Institutions (CDFIs) and emerging CDFIs. The funding will support eligible activities such as personnel compensation,...
- New Mexico Community Capital (NMCC) will leverage partnerships to provide technology training and access to online markets for Native-owned enterprises in central and northern New Mexico under a $1,391,374.60 Project Grant from the Department of Commerce Economic Development Administration (EDA). Specifically, NMCC will implement a three-tier entrepreneurial support strategy utilizing $1.39 million in EDA funding provided under the Economic Adjustment Assistance (EAA) program. Over an 18-month...
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 loan fund for Native entrepreneurs and small businesses. Additional funding will establish a workforce training program, improve data infrastructure, and expand the capacity of the Indigenous financial sector regionally. Once implemented, the investment is intended to develop and strengthen regional industry clusters in a manner embracing economic equity, job creation, and enhanced U.S. competitiveness globally.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $6.1m | 9/8/22 |