The Native CDFI Network (NCN) encourages all Native CDFI and tribal leaders to contact their U.S. Congressional representatives to gain their support as co-sponsors of the Native American Rural Homeownership Improvement Act of 2021 (S. 2092/H.R. 6331). This critical legislation is gaining momentum in both the House and Senate, and we need your help in securing additional co-sponsors to get it across the finish line and signed into law before the current Congressional term concludes in January.
NCN has partnered with BMO Harris Bank to launch BMO for Native-owned Businesses as part of its five-year, $5 billion BMO EMpower initiative aimed at supporting an inclusive economic recovery for minority businesses, communities and families through lending, investing, giving and engagement in local communities.
On October 3-4, 2022, Native communities and Native CDFIs were represented at two high-profile federal events in Washington, D.C.: a Working Session of the Biden Administration’s Economic Opportunity Coalition and the U.S. Department of Treasury’s annual Freedman’s Bank Forum.
The CDFI Fund announced that 218 organizations received $27.57 million in Technical Assistance awards to build their capacity to provide services to low-income and underserved people and communities across America. NCN has been awarded $150,000 from the NACA Program for Technical Assistance.
On September 19-20, 2022, NCN Interim CEO and Board Chair Pete Upton and National Policy Chair Robin Danner joined other global and emerging leaders in New York City to take action and address the world’s most pressing challenges.
Help us learn more about the successes and challenges Native business owners faced this past year by filling out the Federal Reserve’s 2022 Small Business Credit Survey.