Funded by President Biden’s American Rescue Plan and administered by the U.S. Commerce Department’s Economic Development Administration (EDA), the Regional Challenge provides each award winner funding to rebuild regional economies, promote inclusive and equitable recovery, and create thousands of good-paying jobs in industries of the future such as clean energy, next-generation manufacturing, and biotechnology.
Plains Regional Native CDFI Coalition, led by the Four Bands Community Fund Inc, will receive approximately $45 million to accelerate the growth of the Indigenous finance sector and expand economic opportunity in Native American communities through an alliance of nine Native Community Development Financial Institutions (CDFIs).
Click here to view the overarching narrative submitted by Four Bands Community Fund.
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