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

The Community Development Financial Institutions (CDFI) Fund, a bureau of the U.S. Department of the Treasury, awarded the Chehalis Tribal Loan Fund a $200,000 Technical Assistance grant under the Native Initiatives program (CFDA 21.012) effective September 30, 2025, with a completion deadline of December 31, 2027. This award funds capacity-building technical assistance to strengthen the Chehalis Tribal Loan Fund's organizational infrastructure and ability to serve Native American communities with inadequate access to affordable financial products and services. Eligible uses of the grant funds include personnel compensation, fringe benefits, professional service costs, travel, training and education, equipment, and supplies.

As a certified Native Community Development Financial Institution, the Chehalis Tribal Loan Fund will leverage this funding to enhance its operational and programmatic capabilities to better serve low-income Native populations across its service areas. The organization must expend these Technical Assistance funds within the two-year timeframe stipulated for certified CDFI recipients under the Native Initiatives program, which aims to foster economic revitalization and self-determination in Native communities through strategic financial institution development and capacity-building support.

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.