The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $1,250,000 Project Grant to Cook Inlet Lending Center Inc., a non-profit Community Development Financial Institution, under the Native Initiatives (CFDA 21.012) program. This grant funding will enable Cook Inlet Lending Center to invest in and build the capacity of the organization, empowering it to grow, achieve sustainability, and drive community revitalization in Native communities across Alaska. The grant supports Cook Inlet Lending Center's provision of financial products, services, and assistance to underserved populations, including small business loans, financial literacy programs, homebuyer education, and technical assistance. Additionally, as a sub-awardee, Cook Inlet Lending Center has partnered with Cook Inlet Tribal Council, Inc. and Cook Inlet Housing Authority to further expand access to financial support and promote economic self-determination in Native American communities.
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