CDFI Fund Awards Leech Lake Financial Services $150,000 For Technical AssistanceSep 28, 2021
We are honored and excited to announce that we have been awarded $150,000 from the Native American CDFI Assistance Program for Technical Assistance (TA).
The CDFI Fund recognizes that Native American, Alaskan Native, and Native Hawaiian communities (Native Communities) face some of the greatest barriers to accessing capital and basic financial services in the nation. Their mission is to help Native CDFIs focus their activities to help Native Communities grow by increasing their access to credit, capital, and financial services.
The CDFI Fund’s Native Initiatives program generates economic opportunity for Native Communities by supporting the creation and expansion of these Native CDFIs though the Native American CDFI Assistance Program (NACA Program) and Capacity Building Initiative trainings. The Native CDFIs, in turn, help to create jobs, establish or improve affordable housing, and provide accessible financial services and counseling within their communities.
This year the CDFI fund awarded 20 US Native CDFIs the Ta awards in 2020. The TA award may be used to acquire products, services and increase our capacity to serve our community.
Chi-Miigwech CDFI Fund for supporting us in our mission to empower our community through affordable financial services and education.
For more information about the CDFI Fund visit, www.cdfifund.gov
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