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

Cedar Growth received a $200,000 Project Grant from the Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012), awarded on September 30, 2025, with a completion date of June 30, 2028. This Technical Assistance award funds capacity-building services designed to strengthen the organizational infrastructure of certified and emerging Native Community Development Financial Institutions. Eligible activities supported under this grant include personnel compensation and fringe benefits, professional service costs, travel, training and education, equipment, supplies, and incorporation costs for sponsoring entities.

The grant advances the program's core objective of promoting economic revitalization in underserved Native communities by building the technical and operational capacity of Native CDFIs to serve low-income populations that lack adequate access to affordable financial products and services. Cedar Growth will deliver technical assistance services that enable certified and emerging Native CDFIs to enhance their lending capabilities, organizational systems, and service delivery capacity to better serve Native American communities and other eligible target markets across the nation.

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.