Native CDFIs Hold Successful Summit in Washington

Washington, D.C. – This past week, the Native CDFI Network (NCN) hosted their 2019 Policy Summit at the National Indian Gaming Association building on Capitol Hill in Washington, D.C. The event was well attended by NCN members from the 65 Treasury certified CDFIs and 15 emerging CDFIs across the country.

“It was great to see our Native CDFI Network members come out and share their experiences with one another,” said NCN Chairperson Pete Upton (Ponca). “This was a tremendous opportunity to sit down and not just talk about our goals, but to get into the details of how we plan to accomplish them. It’s uplifting to see this cooperation, and I’m excited for the great things I know will come from our network’s continued work.”

The conference was sponsored by Citi, Wells Fargo, the Northwest Area Foundation, Neighbor Works America, Fannie Mae, and Common Goals. Several representatives from sponsors attended and contributed during the event, and they showed a commitment and desire to assist Native CDFIs from coast to coast as they continue working to help native communities.

Speakers for the policy summit included Congresswoman Sharice Davids, Assistant Secretary of Indian Affairs Tara Katuk Mac Lean Sweeney, CEO of Citizen Potawatomi Development Corp. Shane Jett, CEO of the National Congress of American Indians Kevin Allis, and President and CEO of LISC Maurice Jones, among many others. Topics covered a broad swath of strategies for advancing and expanding Native CDFIs, as well as specifics on working with the Federal Government to bring additional funding to the Native CDFI Network. Members concluded the Summit with meetings with members of Congress including Senators Lisa Murkowski (Alaska) and Brian Schatz (Hawaii).

“Mahalo (thank you) to all of our tribal and native CDFI’s that do such powerful work to bring capital to tribal communities,” said NCN’s Policy Chair Robin Danner (Hawaiian), “The policy summit was an incredible gathering of our best ideas, and a great opportunity to advance them our congressional leaders.”

For an album of photos from the conference, click here.

More information on the Native CDFI Network can be found at:
facebook.com/nativecdfinetwork/
www.nativecdfi.net

Contact
Native CDFI Network
Jackson Brossy
jbrossy@nativecdfi.net

Native financial institutions to hold policy summit in Washington D.C. November 19-21

Native financial institutions to hold policy summit in Washington D.C. November 19-21

Native American-serving community development financial institutions to set policy priorities and then meet directly with Congress

News Release

Native CDFI Network

The Native CDFI Network (NCN) will hold the first annual Policy Summit this week in Washington, D.C., on November 19-21. At the Summit, Native American-serving community development financial institutions (NCDFIs) will set policy priorities and then meet directly with Congress to advocate for strategies that will help grow Native economies.

Native CDFI Network is the only national nonprofit membership organization dedicated to Native Community Development Financial Institutions (NCDFIs), as defined by the U.S. Treasury CDFI Fund. The network was founded in 2009 by Native American-serving community development financial institutions serving American Indians, Alaska Natives, and Native Hawaiians in rural, urban, and trust land communities. Nationally, there are 65 Treasury-Certified and 15 Emerging Native American-serving community development financial institutions in 23 states across the country. Native CDFI Network members are powerful vehicles delivering investment, economic, and housing capital across Indian Country.

Native American-serving community development financial institutions work primarily in tribal areas of the country to increase access to capital for small business, housing, consumer, and tribal or Native-owned economic development projects through the delivery of community-based loan fund programs, financial literacy, business training and the facilitation of investment instruments to underserved Native communities. These Native or Tribally controlled nonprofits are at the front line of growing assets, creating jobs, and building economies across Indian Country.

Native CDFI Network Chairperson Pete Upton of Native 360 Loan Fund stated, “we are looking forward to a lively and comprehensive discussion about our shared policy challenges. We will turn these challenges into action items so that together, we help build access to capital in our communities, create jobs, and grow our economies”

Upton added, “we have a packed agenda — discussion items include how to increase access to capital for Native American-serving community development financial institutions, modernizing the Community Reinvestment Act (CRA) so that banks are incentivized to invest in Indian Country, and how Native communities can have fair access to New Market Tax Credit allocations. Native American-serving community development financial institutions must be at the policy-making table, and we are here to make our voices heard.”

Native CDFI Network Policy Chairperson Robin Danner of the Homestead Loan Fund of Hawaii added, “the Policy Summit is where leaders in the Native American-serving community development financial institutions movement will meet to set the advocacy agenda for 2020 and beyond. Native American-serving community development financial institutions are creating jobs and growing assets all across the country, and Congress can help accelerate this growth. We invite anyone interested in advancing the Native American-serving community development financial institutions movement to attend.”

The meeting will feature a variety of speakers from Members of Congress, to executives of national community development organizations, to experts in Native American policy. Speakers include Native American Congresswomen Deb Haaland and Sharice Davids, Maurice Jones of LISC, Marietta Rodriguez of NeighborWorks America, Marion McFadden of Enterprise, Kevin Allis of the National Congress of American Indians, and Dante Desiderio of the Native American Finance Officers Association.

Native CDFI Network is partnering to hold the meeting at the National Indian Gaming Association’s Stanley Crooks Conference Center at 224 Second Street, SE, Washington, DC. On-site registration will be available on November 19 and 20.