Federal grant · project grant (b)
Advancing Native Cdfis: Northeast Expansion and Lending Innovation Initiative - the Native Cdfi Network (NCN) Proposes a Three-year Initiative to Expand the Native Cdfi Industry Into the Northeast Region of the United States While Also Strengthening Lending Capacity Among Native Cdfis Nationwide. This Project Addresses the Persistent Limited Availability of Financial Services and Capital in Native Communities by Supporting the Development of New Native Cdfis and Delivering the NCN Lending Innovation Certificate Program to 60 Native Cdfi Leaders. Through Technical Assistance, Training, and Peer Support, the Initiative Will Launch at Least Four New Native Cdfis, Produce 20 New or Expanded Loan Products, and Equip Native Cdfis to Lead Transformative, Community-centered Economic Development.
Committed
$720,230
Paid out
$122.4K
17%
Committed, not yet paid
$597.8K
83%
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