The Lakota Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus pandemic. Specifically, the funding will allow Lakota...
The Department of the Treasury's Community Development Financial Institutions Fund awarded The Lakota Fund, Inc. a $1,275,000 project grant under the Native Initiatives program (CFDA 21.012) to support economic revitalization and community development in Native communities. Through December 2026, Lakota Fund will use grant funding to provide financial and technical assistance to Native Community Development Financial Institutions, with the goal of strengthening these CDFIs' capacity,...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded a $1.8 million Project Grant to Lakota Federal Credit Union under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Lakota Federal Credit Union's efforts to expand lending, grant making, and investment activity in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. Funds will...
The federal Project Grant award in the amount of $2,600,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012). The grant supports The Lakota Fund, Inc., a Native American-owned non-profit Community Development Financial Institution (CDFI) located in Kyle, South Dakota. The funding will enable The Lakota Fund to invest in and build the capacity of Native CDFIs, empowering them to...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $2,600,000 Native Initiatives (CFDA 21.012) program grant to Lakota Federal Credit Union. This Project Grant, awarded on September 26, 2024, supports the credit union's efforts to deliver affordable financial products and services, provide financial education, and build capacity in Native American communities across the United States. The funding enables Lakota Federal Credit Union to expand...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Lakota Federal Credit Union a $1.3 million Project Grant under the Native Initiatives program to promote economic revitalization in Native communities through December 2026. The Native Initiatives program uses financial and technical assistance awards to build the capacity of Native Community Development Financial Institutions, empowering them to drive community revitalization. Lakota Federal Credit...
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...
Dakota Resources received a $549,475 project grant award from the Department of the Treasury's Community Development Financial Institutions Fund Equitable Recovery Program to expand lending, grant making, and investment activities in low- and moderate-income communities disproportionately impacted by the COVID-19 pandemic. As a non-profit community development corporation, Dakota Resources will use the April 10, 2023 award to increase access to credit and provide $500k+ in loans, grants and...
The federal Project Grant award of $2,400,000 from the Community Development Financial Institutions (CDFI) Fund's Native Initiatives program (CFDA 21.012) to Mazaska Owecaso Otipi Financial, Inc. on September 26, 2024 will support the organization's efforts to provide financial services, capacity building, and community development initiatives in Native American communities, particularly the Oglala Sioux Tribe on the Pine Ridge Indian Reservation. As a Community Development Financial Institution...
This federal Project Grant award of $300,000 from the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Program (CFDA 21.020) is intended to support the capacity building and economic development efforts of Lakeside Bank of Salina, a for-profit CDFI organization. The grant funding will enable Lakeside Bank to expand its lending and technical assistance services to underserved Native American and low-income communities, with the goal of creating jobs, fostering...