The Community Development Financial Institutions (CDFI) Fund recently awarded its first-ever Native American CDFI Technical Assistance (NACTA) grants. The grants, which are a new component under the 2002 CDFI program, support organizations that help Native American and Alaska Native communities access financial services and capital. This initial group of NACTA awards includes 36 grants totaling more than $2.5 million, with an average amount of approximately $75,000.
Ninth District NACTA award recipients are: Blackfeet Reservation Development Fund, Inc., Browning, Mont.; Community Reinvestment Fund, Inc., Minneapolis; Emerging Native American Business Lending, Inc., Harlem, Mont.; Hannahville Indian Community, Wilson, Mich.; Impact Seven, Inc., Almena, Wis.; Lac Courte Oreilles Federal Credit Union, Hayward, Wis.; Native American Community Development Corporation, Browning, Mont.; Oglala Sioux Tribe and Oglala Sioux Tribe Partnership for Housing, Pine Ridge, S.D.; Rosebud Sioux Tribe, Rosebud, S.D.; Sisseton Wahpeton Sioux Tribe, Agency Village, S.D.; and Sovereign Leasing and Financing, Inc., Polson, Mont.