EDA: $2 Million Invested to Help Build a Tribally-Owned Manufacturing and Warehouse Facility in Michigan

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Sault Ste. Marie Tribe of Chippewa Indians in Sault Ste. Marie, Michigan, to help construct a new manufacturing and warehouse facility that will serve as the foundation […]

CDFI Fund: Annual CIIS Public Data Release on CDFI Program Recipient Reporting

The Community Development Financial Institutions Fund (CDFI Fund) released today an additional year of data provided by Community Development Financial Institutions (CDFIs) through its data collection system, known as the Community Investment Impact System (CIIS), representing 15 years of data. The data collected covers fiscal years (FYs) 2003 through 2017. […]

CDFI Fund: Reminders and Updates for FY 2019 CDFI Program and NACA Program Round Applicants

As a reminder for fiscal year (FY) 2019 Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) applicants, the deadline for online submission of the SF-424 through Grants.gov for this year’s CDFI Program and NACA Program funding rounds is May 3, 2019 at 11:59 p.m. ET. […]

CDFI Fund: FY 2019 Funding Round for CDFI Program and NACA Program Open

Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) opened the fiscal year (FY) 2019 funding round for the Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program). The awards from these programs will support Community Development Financial Institutions […]

FEMA: 6 More Counties, Santee Sioux Nation Added for Disaster Assistance in Nebraska

Residents and business owners in Boone, Buffalo, Custer, Knox, Richardson and Thurston Counties and the Santee Sioux Nation may now apply for disaster assistance for losses resulting from the severe winter storm, straight-line winds and flooding in March. Additional counties may be added as damage assessments continue. Impacted homeowners and businesses are encouraged to […]

CDFI Fund: Public Comments Requested on FY 2020-2022 CDFI Program and NACA Program Applications

The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 […]

SBA: Shawn Pensoneau Appointed to Office of Native American Affairs

Administrator Linda McMahon of the U.S. Small Business Administration announced the appointment of Shawn Pensoneau as the Assistant Administrator for the SBA’s Office of Native American Affairs. In this role, he will oversees the office’s collaboration with American Indians, Alaska Natives and Native Hawaiians who seek to create, develop and […]

EDA: $4.4 Million Invested to Build Tribal Business Incubator in Minnesota

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $4.4 million grant to the Lower Sioux Indian Community of Morton, Minnesota, to support the construction of the Lower Sioux Intergenerational Cultural Incubator. According to grantee estimates, the project is expected to […]

EDA: $1 Million Invested to Help Diversify Coal Community Economies and Boost Workforce Opportunities in Crownpoint, NM

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to Navajo Technical University of Crownpoint, New Mexico, to build a Metrology and Materials Testing Center (MMTC) that will help diversify the Navajo Nations’ economy and train displaced workers […]

CDFI Fund: U.S. Treasury Awards $202.2 Million to Support Economic Growth in Low-Income Communities

Funds to Support Community Development Investments in Distressed Rural, Urban, and Native Communities The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 302 Community Development Financial Institutions (CDFIs) $202.2 million in awards today. The awards, through the fiscal year (FY) 2018 round of the Community […]