To promote economic revitalization and community development through technical assistance awards to build the capacity of native community development financial institutions (CDFIS) and emerging…

Federal Project Grant Award Summary

NDN Fund Inc. received a $200,000 Project Grant from the Department of the Treasury Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012) awarded on September 30, 2025. This technical assistance award supports capacity-building activities designed to strengthen NDN Fund Inc.'s organizational infrastructure and service delivery capabilities to Native Community Development Financial Institutions. Eligible uses of the funding include personnel compensation, fringe benefits, professional services, travel, training and education, equipment, supplies, and incorporation costs. The award must be fully expended by December 31, 2028, in accordance with program requirements for certified CDFI recipients.

The primary objective of this technical assistance funding is to enhance NDN Fund Inc.'s ability to serve low-income individuals and communities across Native populations that have historically lacked adequate access to affordable financial products and services. By building organizational capacity within certified and emerging Native CDFIs, the award supports the broader federal mission of promoting economic revitalization and community development in Native communities nationwide. No subrecipients are identified for this award.

Activities

Technical assistance must be used for the following eligible activities subject to the applicable provisions of the uniform requirements: compensation - personal services, compensation - fringe benefits, professional service costs, travel costs, training and education costs, equipment, supplies, and incorporation costs (sponsoring entities only). End goals: the goal of the technical assistance is to build certified and emerging native cdfi's organizational capacity to serve eligible markets and/or their target markets, in order to serve low-income people and communities across the nation that lack adequate access to affordable financial products and financial services. Beneficiaries: profit organization, private nonprofit institution/organization (includes institutions of higher education and hospitals), native american organizations (includes indian groups, cooperatives, corporations, partnerships, associations). Subrecipients: there are no subrecipients for this program. Broadband: not applicable. Reason for modification: not applicable.