NCN CEO and Chairman Pete Upton travelled to Phoenix, AZ to attend a workshop on the CDFI Fund NMTC Program Native Initiative. This workshop was hosted by Big Water Consulting.
“NCN Live” is a new series of conversations with industry experts and policymakers designed to expand the power of Native CDFIs to grow economic opportunity for Native peoples.
The Native CDFI Network (NCN) released the results of its comprehensive survey documenting the likely impacts the CDFI Fund’s proposed changes to the CDFI Certification Application and related regulations will have on Native CDFIs. More than 50 Native CDFI chief executives responded to the survey.
The Native CDFI Network (NCN) strongly encourages all Native CDFIs and other key Indian Country stakeholder organizations to submit comments on the CDFI Fund’s proposed Annual Certification and Data Collection Report Form and the abbreviated Transaction Level Report (ACR/CTLR) as part of its proposed CDFI Certification overhaul.
The Community Development Financial Institutions Fund (CDFI Fund) will update its timeline for rolling out the new CDFI Certification Application and anticipates revising the version that was released for public comment in the Federal Register on November 4, 2022.
No one doubts the need for more affordable capital to deploy in Indian Country. Unfortunately, there is little data to answer the main questions — how much, what kind and what for — that go along with that need.
The Native CDFI Network (NCN) needs to hear more from you about how the CDFI Fund’s proposed changes to CDFI Certification will impact your Native CDFI.
Tribal Business News summarizes Native CDFI Network’s three day annual summit that took place in early December, 2022.
On December 5, 2022, U.S. Senator Elizabeth Warren (D-Mass.) and Congressman Derek Kilmer (D-Wash.) unveiled the Honoring Promises to Native Nations Act, historic legislation to address chronic underfunding and barriers to sovereignty faced by Indian Country as a result of the federal government’s failures to meet its trust and treaty responsibilities.
For years the Federal Reserve System has partnered with NCN to drive policy change by gathering reliable data to support the benefits of investing into Native CDFIs.