For Native people living in rural areas with scarce housing stock, manufactured units can be a practical homeownership choice. Financing these manufactured homes, though, can cost Native borrowers on reservations two times what it would cost a white borrower off reservation.
Addressing the vast backlog of unmet Native homeownership interest requires tapping into more financial and technical resources. These enterprising local lenders are calling on their mainstream bank counterparts to help them meet the long-overlooked credit needs of 1.3 million Native people living in American Indian Areas.
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has extended the application deadlines for when currently Certified Community Development Financial Institutions (CDFIs) must reapply for CDFI Certification using the revised version of the CDFI Certification Application.
This reminder is specifically for organizations with Award, Assistance and/or Allocation Agreements, as well as ACRs, which have an upcoming report(s) due by June 30, 2024.
Users accessing the U.S. Community Development Financial Institutions Fund (CDFI Fund) Awards Management Information System (AMIS) with unsupported or out-of-date web browsers, such as Internet Explorer, will no longer be able to access the system.
The Board of Directors of Four Directions Development Corporation (FDDC) has unanimously voted to select Matthew Lewis, currently serving as FDDC’s Director of Operations, as its next Executive Director.
The Community Development Financial Institutions Fund (CDFI Fund) will be conducting a Question and Answer (Q&A) webinar session on the full-length Transaction Level Report (TLR) in the Awards Management Information System (AMIS)
The National Disability Finance Coalition (NDFC), in collaboration with the Pennsylvania Assistive Technology Foundation (PATF), is hosting a three-part webinar series for CDFIs to explore expanding their products and services into the disability community.
Join the U.S. Department of the Treasury to discuss how Alaska Native Entities and Native Hawaiian Entities may benefit from new Inflation Reduction Act opportunities for access to clean energy credits through Elective Pay and Transferability.
The South Dakota Native Homeownership Coalition is hosting a webinar on best practices for offering a wide range of mortgage loan products, including conventional loans like Freddie Mac’s HeritageOne, on tribal land throughout Indian Country.