NCN Invites Native CDFIs and Community Development Entities to Join Comment Letter on the New Markets Tax Credit Allocation Application

In response to a request for public comment from the CDFI Fund, NCN developed the comment letter, which features several consensus-based priorities to streamline and strengthen the NMTC Program Allocation Application process to ensure Indian Country’s equitable access to and usage of NMTC Program allocations.

NCN Endorses Senator Warren’s New Bill Guaranteeing Housing Funds for Rural Tribal Communities

On March 12, 2024, United States Senator Elizabeth Warren (D-Mass.) announced new legislation to expand housing access for rural tribal communities: the Tribal Rural Housing Access Act. The legislation would direct the Department of Agriculture (USDA) to set aside 5% of certain Rural Housing Service (RHS) funds for Tribal Nations, tribally designated housing entities, tribal members, and tribal-owned entities, including Native community development financial institutions.