Project Grant 241NA065111G

Award Date 9/26/24
Completion Date 12/31/27
Dollars Obligated $2.6M
Federal Grant Program
21.012
Assistance Type
Project Grant
Place of Performance
United States
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The Project Grant award of $2,600,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund through the Native Initiatives program (CFDA 21.012). The grant funding is awarded to Indian Land Capital Company LLC, a minority-owned and Native American-owned limited liability company based in St. Paul, Minnesota, to support its efforts to deliver affordable financial products and services to underserved rural and urban low-income Native American communities nationwide. The grant funding will enable Indian Land Capital Company to provide critical financial assistance, including offering loans, investments, financial products, and technical assistance, to Native Community Development Financial Institutions (CDFIs), Native American-owned businesses, and low- to moderate-income Native communities. This aligns with the Native Initiatives program's objectives of promoting economic revitalization and community development through financial and technical support to Native CDFIs.

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