Federal grant · project grant (b)
This Eda Investment Supports the Mountain | Plains Regional Native Cdfi Coalition, Led by the Four Bands Community Fund, With Growing the Indigenous Finance Sector in Montana, North Dakota, South Dakota, and Wyoming by Expanding Economic Opportunity in Native American Communities Through an Alliance of Nine Native Community Development Financial Institutions (cdfis). the Projects Funded as Part of This Award Include the Creation of a Regional Revolving Loan Fund Intended to Strategically Deploy Financial Investments to Native Entrepreneurs and Small Businesses. Eda Funding Also Will Stand Up a Workforce Training Program, Improve Data Infrastructure, and Make Other Investments That Will Expand the Capacity of the Indigenous Financial Sector. Once Implemented, the Investment Will Help Develop and Strengthen Regional Industry Clusters - All While Embracing Economic Equity, Creating Good-paying Jobs, and Enhancing U.s. Competitiveness Globally.
Committed
$6.1 Million
Paid out
$1.5M
25%
Committed, not yet paid
$4.6M
75%
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Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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