The federal Project Grant award in the amount of $2,600,000 was provided by the U.S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund under the Native Initiatives program (CFDA 21.012). The grant supports The Lakota Fund, Inc., a Native American-owned non-profit Community Development Financial Institution (CDFI) located in Kyle, South Dakota. The funding will enable The Lakota Fund to invest in and build the capacity of Native CDFIs, empowering them to...
The Department of the Treasury's Community Development Financial Institutions Fund awarded The Lakota Fund, Inc. a $1,275,000 project grant under the Native Initiatives program (CFDA 21.012) to support economic revitalization and community development in Native communities. Through December 2026, Lakota Fund will use grant funding to provide financial and technical assistance to Native Community Development Financial Institutions, with the goal of strengthening these CDFIs' capacity,...
The Lakota Fund, Inc. was awarded a $1,826,265 Project Grant from the Department of the Treasury Community Development Financial Institutions Fund under the Community Development Financial Institutions Rapid Response Program (CDFI RRP, CFDA 21.024). The grant period runs from June 15, 2021 through December 31, 2023 to support the ability of Community Development Financial Institutions to respond to the economic impact of the coronavirus pandemic. Specifically, the funding will allow Lakota...
The Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) awarded The Lakota Fund, Inc. (dba Lakota Fund Inc.) a $2,327,134 Project Grant under the Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP, CFDA #21.033). The grant will support Lakota Fund Inc.'s efforts to expand lending, grantmaking, and investment activity in low- and moderate-income Native American communities disproportionately impacted by COVID-19 through...
This $496,860 project grant from the Department of Commerce Economic Development Administration supports the Four Bands Community Fund coalition's proposal to develop an Indigenous finance industry serving Native communities in North Dakota, South Dakota, Montana, and Wyoming. Through five component projects including strategic planning, workforce development, infrastructure development, an innovation center, and a revolving loan fund, the coalition will build the Indigenous finance industry...
The Department of the Treasury's Community Development Financial Institutions (CDFI) Fund awarded a $2,600,000 Native Initiatives (CFDA 21.012) program grant to Lakota Federal Credit Union. This Project Grant, awarded on September 26, 2024, supports the credit union's efforts to deliver affordable financial products and services, provide financial education, and build capacity in Native American communities across the United States. The funding enables Lakota Federal Credit Union to expand...
The Department of the Treasury's Community Development Financial Institutions Fund awarded Lakota Federal Credit Union a $1.3 million Project Grant under the Native Initiatives program to promote economic revitalization in Native communities through December 2026. The Native Initiatives program uses financial and technical assistance awards to build the capacity of Native Community Development Financial Institutions, empowering them to drive community revitalization. Lakota Federal Credit...
The U.S. Department of Housing and Urban Development (HUD) awarded a $6,000,000 Indian Housing Block Grant (CFDA 14.867) to the Oglala Lakota Housing Authority (OLHA) on August 16, 2024. The grant will fund affordable housing activities for the Oglala Lakota Tribe on the Pine Ridge Indian Reservation in South Dakota over a project period ending on July 30, 2029. Eligible grant activities include new housing construction, rehabilitation of existing units, housing acquisition, infrastructure...
This $6.36 million project grant from the Department of Commerce Economic Development Administration's Economic Adjustment Assistance program will support the Mountain | Plains Regional Native CDFI Coalition's efforts to expand economic opportunity in Native American communities in Montana, North Dakota, South Dakota, and Wyoming. Led by the Four Bands Community Fund, the coalition of nine Native Community Development Financial Institutions will use the funding to create a $6.36M revolving...
The Department of Housing and Urban Development (HUD) awarded a $16,000,000 four-year Project Grant under the Section 4 Capacity Building for Community Development and Affordable Housing program (CFDA 14.252) to Enterprise Community Partners, Inc., a national nonprofit organization based in Columbia, Maryland. The grant aims to enhance the technical and administrative capabilities of Community Development Corporations (CDCs) and Community Housing Development Organizations (CHDOs) to carry out...