NCN testifies before House Financial Services Committee

Last week, NCN Executive Director, Jackson Brossy testified before the House Financial Services Subcommitee on the importance of Native CDFIs as part of the response to increase homeownership in Native communities. Brossy called on Congress to fully fund the Native American CDFI Assistance (NACA) program at Treasury, work with Native CDFIs and the Bureau of Indian Affairs to improve title status impediments on tribal trust land, ease impediments to Native CDFI participation as lenders in the HUD Section 184 Home Loan Guarantee Program, and expand the USDA 502 Direct Loan program.

Brossy was joined on the hearing panel by Cherokee Nation Principal Chief Chuck Hoskin, Jr., Chris Kolerok, Cook Inlet Housing Authority, Marilyn Vann, President, Descendants of Freedmen of the Five Tribes Association, and NCN partner Anthony Walters, Executive Director, National American Indian Housing Council.

You can view the hearing here and read the testimony here.