This $700,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions Fund under the Native Initiatives program (CFDA 21.012) will provide financial and development services to support economic revitalization and community development. Lummi Community Development Financial Institution will use the funding for financial products, services, development services, loan loss reserves, and capital reserves to build its capacity to lend $700K to eligible Native American and rural low-income markets in the United States that lack access to affordable options. The goal is to benefit Native American organizations and communities through December 2024.
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