Treasurer Chief Malerba Joined Native CDFI Network Policy and Capacity Building Summit to Discuss Expanding Economic Opportunity in Tribal Communities

U.S. Treasurer Chief Lynn Malerba delivered remarks and participated in a panel discussion at the 2023 Native CDFI Network Policy and Capacity Building Summit on expanding economic opportunity in Tribal communities.

CDFI Fund Opens FY 2024 CDFI Program and NACA Program Application Round

The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2024 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program).

Congressional Appropriations Action Alert: NCN Calls on All Native CDFIs to Advocate This Week for Increases – Not Cuts! – to the CDFI Fund for FY 2024

The U.S. House of Representatives is slated to vote this week on its Financial Services and General Government spending bill for FY 2024, which contains steep cuts to several programs, including a $46 million decrease in funding for the CDFI Fund (a nearly 15% cut from its enacted FY 2023 level of $324 million).

NCN Provides Initial Analysis of New Final Rule Governing the Community Reinvestment Act

Based on the focus of NCN’s comments and the priorities the organization shared for how the CRA regulations should be strengthened to better serve Indian Country, the Final Rule overall represents a marked improvement over the current regulations, yet some priorities were not included in the new regulations.

NCN Attends 2023 Freedman Bank Forum

NCN’s CEO Pete Upton, participated in the 2023 Freedman’s Bank Forum, hosted at the U.S. Department of the Treasury. The event underscored the urgency of addressing economic disparities and fostering inclusivity across the nation. The forum featured a dynamic array of sessions, comprising enlightening video messages and invigorating panel discussions.