The Native CDFI Network (NCN) officially released its 2023 Policy and Advocacy Report for NCN members, supporters, partners, and other key stakeholders.
NCN’s CEO Pete Upton participated in a briefing hosted by the U.S. Senate Community Development Finance Caucus.
In partnership with Big Water Consulting, we invite you to join us for an upcoming New Markets Tax Credit Native Initiative Webinar!
NCN and The Center for Indian Country Development co-hosted a webinar on the recent updates to the regulations implementing the Community Reinvestment Act (CRA) and how Indian Country could benefit
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.
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).
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’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.
NCN’s CEO Pete Upton met with Administrator Isabel Guzman of the U.S. Small Business Administration (SBA) and Jackson Brossy, from the SBA Office of Native American Affairs, on October 25, 2023, in Washington, D.C.
Native CDFIs face the pending release of potentially disastrous certification updates from the U.S. Treasury this month. At the same time, the Native CDFI Network is working on an application to tap into a $6 billion pot of money through an accelerator program under the Greenhouse Gas Reduction Fund.