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…