On May 10, 2023, a meeting was held by the U.S. Treasury on climate-focused community finance. Pete Upton, the CEO of the Native CDFI Network, attended the meeting along with various government officials and experts in the field.
On Friday, May 12, the Native CDFI Network (NCN) submitted formal comment letters to federal agencies sharing and advancing the consensus priorities of Native CDFIs and key national partners on two key policy and funding issues: (1) the Native American CDFI Assistance Program (NACA Program) Financial Assistance (FA) and Technical Assistance (TA) Applications, and (2) the Greenhouse Gas Reduction Fund (GGRF).
On May 2nd at 2 p.m. ET, NCN hosts Treasury’s Deputy Assistant Secretary for Community Economic Development (OCED) Noel Andrés Poyo and Lisa Wagner of Bluestem Consulting. Part I: Noel Poyo will share information about Treasury’s work related to Native CDFIs and Native communities. He will then remain on the webinar to listen to a…
The Native CDFI Network (NCN) sent a letter to Congressional leadership requesting a $50 million appropriation for the CDFI Fund’s Native American CDFI Assistance (NACA) Program for FY 2024. Featuring a total of 65 organizational co-signatories, the letter requests this increased funding amount for FY 2024 based on the considerable unmet capital needs of Native…
Native people already are playing key roles in helping to reduce carbon emissions while building their own energy sovereignty, but there is more work to be done, solar experts told Native CDFI leaders during an April 18 solar energy webinar. “We all know the needs are immense,” said Christian Weaver, Program Director of the Tribal…
The Native CDFI Network (NCN) invites all Native CDFIs and other key Indian Country stakeholder organizations to join its letter formally requesting that Congress appropriate $50 million for the Native American CDFI Assistance Program for Fiscal Year 2024. NCN is requested this increased funding amount for FY 2024 based on the considerable unmet capital needs of…
Native CDFIs Receive $47.5 Million Capital Infusion Through CDFI Fund’s Equitable Recovery Program Last week, the Department of the Treasury’s CDFI Fund announced awards totaling $1.7 billion to more than 600 Treasury-certified CDFIs through its Equitable Recovery Program (ERP), the largest grant program in the agency’s history. The long-awaited announcement included welcome news for Indian…
NCN’s CEO Attends NCRC Just Economy Conference Native CDFI Network’s CEO Pete Upton attended National Community Reinvestment Coalition’s 2023 Just Economy Conference. Upton participated in a panel that explored a variety of investment and grant opportunities and highlighted efforts to build wealth in Indian Country. With banks initiating investments in Indian Country, Native CDFIs are building new relationships…
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.