Native CDFI Network’s CEO Pete Upton participated in a roundtable meeting on March 21, 2023 hosted by JP Morgan Chase & Co. in Washington, D.C.
As the largest national network of Native CDFIs, the Native CDFI Network is doing its part to ensure that Indian Country and specifically Native CDFIs receive their fair share of the significant funding available through the Inflation Reduction Act and its Greenhouse Gas Reduction Fund (GGRF), which provides Native CDFIs with the opportunity to diversify their lending portfolios and meet the demand for clean energy solutions in Native communities.
In a letter to Congress, the Native CDFI Network, National American Indian Housing Council, and Sovereign Council of Hawaiian Homestead Associations is calling on legislators to strengthen the HUD Section 4 Capacity Building for Community Development and Affordable Housing (Section 4) Program for Indian Country in two critical ways.
The NCN Institute Training Series is an interactive collection of workshops for Native CDFI leaders and team members who wish to sharpen their skills and strategies.
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.