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 Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded $200,000 to Yurok Alliance For Northern California Housing (doing business as The Alliance CDFI) under the Native Initiatives program (CFDA 21.012) on September 30, 2025. This Technical Assistance (TA) award supports organizational capacity-building activities for the Native CDFI, with completion targeted for December 31, 2028. Eligible use of funds encompasses personnel compensation and fringe benefits, professional service costs, travel, training and education, equipment, and supplies—all directed toward strengthening the awardee's ability to serve low-income Native American communities and populations lacking adequate access to affordable financial products and services.

As a tribal government organization and certified Native CDFI, Yurok Alliance will deploy this funding to enhance its operational and financial capabilities to better serve eligible markets in Northern California and target markets nationwide. The Native Initiatives program funds both technical and financial assistance to build the institutional capacity of certified and emerging Native CDFIs. Under this TA award, Yurok Alliance as a certified CDFI recipient must utilize the funds within two years of the award date, consistent with program requirements that establish spending timelines based on entity type.

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.