NCN News for the Week of June 6

Register for the June 16 NCN Webinar … “Modernizing the Community Reinvestment Act: The NPR’s Implications for Indian Country and Native CDFIs” On Thursday, June 16 at 2:00 p.m. EDT, NCN will host a special two-hour webinar featuring representatives from the federal agencies tasked with regulating lending institutions’ compliance with the Community Reinvestment Act (CRA)….

NCN Hosts Webinar Featuring Initiate: A Blended Learning Approach to Small Business Technical Assistance by Northern Initiatives

On Thursday, May 19, 2022, NCN hosted Chris Wendel, Program Manager of Initiate, Northern Initiatives’ online portal of small business resources, and Jessa Armstrong, Customer Success Manager of Northern Initiatives. Initiate is an online collection of best practice business resources. With its vetted videos, resources, tools, and templates, Initiate helps both beginning and experienced business…

Breaking News: CDFI Fund Opens Application Period for Small Dollar Loan Program Funding

CDFI Fund Opens Application Period for Small Dollar Loan Program Funding – Native CDFIs Encouraged to Apply! Up to $11.1 Million Available for Loan Loss Reserves and Technical Assistance WASHINGTON – Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2022 funding round for the…

NCN Hosts Webinar to Discuss CDFI Fund’s Small Dollar Loan Program

On Friday, May 13, 2022, NCN hosted Small Dollar Loan (SDL) Program Manager, Tanya McInnis, and SDL Senior Manager and Program Analyst, Julie Sandler, along with Sequoyah Fund Executive Director Russ Seagle (SDL Program participant). The Program, which provides grants for Loan Loss Reserves and Technical Assistance to enable Certified CDFIs to establish and maintain small dollar…

U.S. Treasury Department Extends SSBCI Application Deadlines

WASHINGTON – The U.S. Department of the Treasury is extending the deadline for Tribal governments to initiate and submit their complete SSBCI Capital Program application to September 1, 2022, at 11:59 p.m. Eastern Time (ET) and the deadline to submit an application for the SSBCI Technical Assistance (TA) Grant Program to September 1, 2022, at 11:59…

NCN Hosts Webinar to Discuss SSBCI Programs

On Wednesday April 13, 2022, Native CDFI Network (NCN) hosted Pilar Thomas, Jeff Bowman, and Sanford Livingston to discuss the State Small Business Credit Initiative (SSBCI). The webinar was co-sponsored by Oweesta, the Sovereign Council of Hawaiian Homestead Associations and Clearinghouse CDFI. Jeff Bowman, President and CEO of Bay Bank in Green Bay, WI, began…