Native Initiatives

Native Initiatives Benefits

Through the use of monetary awards and training opportunities, the CDFI Fund’s Native Initiatives program creates jobs, builds businesses, and fosters economic self-determination in Native Communities nationwide. The Native Initiatives program has:

  • Awarded more than $120 million in financial and technical assistance to CDFIs
  • Provided more than 1,600 hours of training to Native CDFIs through recent trainings
Download Native Initiatives Program Fact Sheet (English) ›
Download Native Initiatives Program Fact Sheet (Español) ›

Opening Date
February 17, 2016


Deadline


Announcement Date
TBD

Apply Now

​​​​​Overview

The origin of the Native Initiatives can be traced back to 1994 when Congress mandated, through the CDFI Fund's authorizing statute, a study on the lending and investment practices in Native Communities. The findings revealed that Native American, Native Alaskan, and Native Hawaiian communities face unique challenges to economic growth. These obstacles include heightened barriers to accessing capital and basic financial services, as well as increased difficultly interacting with private and public sector programs.

With this in mind, the CDFI Fund created the Native Initiatives to further support the creation and expansion of Native CDFIs. Native CDFIs help Native Communities thrive and grow by increasing their access to credit, capital, and financial services. The Native Initiatives program uses a combination of financial, technical assistance, and training to build the capacity of CDFIs serving Native Communities.

Through the Native American CDFI Assistance Program (NACA Program), Financial Assistance awards are made to Native CDFIs. These competitive awards are made in the form of loans, grants, equity investments, deposits, and credit union shares. By multiplying the impact of federal investment, Native CDFIs are able to pursue a variety of goals, from small business creation to affordable housing development, as well as other community development pursuits. Healthy Food Financing Initiative - Financial Assistance awards are also offered for CDFIs that are interested in expanding their healthy food financing activities.

The NACA Program also provides Technical Assistance grants, offered to Native CDFIs, Certifiable Native CDFIs, and Sponsoring Entities (see eligibility below). Recipients may use Technical Assistance awards to increase their capacity to serve their communities and/or to create, or become Certified CDFIs.

By building the capacities of Native CDFIs, these mission-driven organizations can more effectively help create jobs, housing, and community facilities for Native Communities in need.

For more information, please see our 2015 Native Initiatives Fact Sheet (English / Español) and our Healthy Food Financing Initiative Fact Sheet (English / Español).

Eligibility

To be eligible for a Financial Assistance award through the NACA Program, your organization must be a Certified or Certifiable CDFI, and at least 50 percent of your activities must serve Native Americans, Alaska Natives, and/or Native Hawaiian communities. Certifiable CDFIs are entities that submitted a Certification Application to the CDFI Fund by the deadline specified in the applicable Notice of Funds Availability (NOFA), but are not yet officially certified at the time of Financial Assistance application submission.

The CDFI Fund also offers supplemental awards through the Healthy Food Financing Initiative.  CDFIs that are selected to receive a Financial Assistance award may also receive a Healthy Food Financing Initiative award to expand their healthy food financing activities.

Certified CDFIs, Certifiable CDFIs, and Sponsoring Entities (organizations primarily serving Native Communities that propose to create a separate Certified CDFI) are eligible to apply for Technical Assistance awards. Certifiable CDFIs and Sponsoring Entities must demonstrate the ability to achieve CDFI certification within a specified timeframe.

For more detailed information, please refer to the Notice of Funds Availability (NOFA).

The Access to Capital and Credit in Native Communities Report

For a detailed analysis of the local economies of Native Communities, please see The Access to Capital and Credit in Native Communities Report. The report provides quantitative research and analysis that can lead to actionable recommendations for improving access to capital and credit in Native Communities. Learn more.

Are you an individual or business seeking a loan?

Click here to learn how to find CDFIs and CDEs that are providing services in your community.

 

 

Certification https://www.cdfifund.gov/programs-training/Programs/native-initiatives/Lists/CDFI NATC Steps/DispForm.aspx?ID=5Certification Step 11CDFI Certification/programs-training/Programs/native-initiatives/Pages/cdfi-certification-step.aspx#step1
Applyhttps://www.cdfifund.gov/programs-training/Programs/native-initiatives/Lists/CDFI NATC Steps/DispForm.aspx?ID=1ApplyStep 22Timeline| Application Materials| Healthy Food Financing Initiative| Past Year's Application Materials /programs-training/Programs/native-initiatives/Pages/apply-step.aspx#step2
Award Announcementhttps://www.cdfifund.gov/programs-training/Programs/native-initiatives/Lists/CDFI NATC Steps/DispForm.aspx?ID=2Award AnnouncementStep 33Award Announcement/programs-training/Programs/native-initiatives/Pages/award-announcement-step.aspx#step3
Closing and Disbursementhttps://www.cdfifund.gov/programs-training/Programs/native-initiatives/Lists/CDFI NATC Steps/DispForm.aspx?ID=3Closing and DisbursementStep 44Closing and Disbursement/programs-training/Programs/native-initiatives/Pages/closing-disbursement-step.aspx#step4
Compliance and Reportinghttps://www.cdfifund.gov/programs-training/Programs/native-initiatives/Lists/CDFI NATC Steps/DispForm.aspx?ID=4Compliance and ReportingStep 55Compliance and Reporting/programs-training/Programs/native-initiatives/Pages/compliance-step.aspx#step5

 

 

Awardshttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=6AwardsLooking for more about Awards for this program? Find it on our Awards page<img alt="" src="/Style%20Library/cdfi/pic-highlight1.jpg" style="BORDER:0px solid;" />

 

 

Our Impacthttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=7Our ImpactLearn more about the impact of the CDFI Fund on our Impact Blog<img alt="" src="/Style%20Library/cdfi/pic-highlight1.jpg" style="BORDER:0px solid;" />/impact/Pages/default.aspx

CDFI Fund Tools & Resources

 

 

AMIShttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=3AMISicon-communityHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E23http://amis.cdfifund.gov
Community Investment Impact Systemhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=1Community Investment Impact Systemicon-checkmarkHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E21/Pages/ciis.aspx
CIMS Mapping Toolhttps://www.cdfifund.gov/Lists/CDFI Tools Resources/DispForm.aspx?ID=2CIMS Mapping Toolicon-mapHome;#0x0100178F0095A2AE7A4FBED67E33256F670E0400E5EE0B704BCEE64CA003554D82DE23E22/Pages/mapping-system.aspx