Finance
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- By Brian Edwards
- Finance
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Native American Bank has allocated $50 million in New Markets Tax Credits to fund five community development projects across Indian Country, with a focus on healthcare facilities and childcare centers serving tribal communities.
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- By Brian Edwards
- Finance
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The Mvskoke Fund CDFI recently finalized the largest loan in its history, using federal grant funding to help finance a Muscogee citizen-owned mechanic shop that’s expected to support 10 full-time employees within two years.
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- By Tribal Business News Staff
- Finance
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The U.S. Department of the Treasury is requesting public comments by June 30 on a federal transition to electronic-only payments that will eliminate all government paper checks by September 30, 2025.
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- By Chez Oxendine
- Finance
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U.S. Senators Catherine Cortez Masto (D-Nev.) and Lisa Murkowski (R-Alaska) plan to introduce bipartisan legislation today to level the tax playing field between tribes and local and state governments, Tribal Business News has learned.
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- By Brian Edwards
- Finance
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U.S. Sens. Tina Smith and Mike Rounds reintroduced bipartisan legislation Tuesday that would make federal lending programs more accessible to tribal communities and other underserved areas by reducing minimum loan requirements and extending program authorization.
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- By Brian Edwards
- Finance
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Jackson Brossy, who helped expand Native American lending and federal contracting at the Small Business Administration's Office of Native American Affairs, has joined Huntington National Bank's financial services team that's focused on Indian Country.
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- By Brian Edwards
- Finance
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Native American banks are delivering billions in loans to tribal communities despite being severely undercapitalized compared to their peers, according to a new report highlighting their outsized role in closing credit gaps.
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- By Chez Oxendine
- Finance
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A tax credit introduced in the Inflation Reduction Act remains a compelling opportunity for tribes hoping to stand up renewable energy projects, even amid shifting priorities in a new administration.
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- By Chez Oxendine
- Finance
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After 15 years in mainstream banking, Tara De Leon is coming home to serve her tribe as the CEO of the new nonprofit Cheyenne and Arapaho Community Development Corporation (CACDC), which provides commercial loans, business training and financial education.
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- By Brian Edwards
- Finance
- Type: Default
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The U.S. Department of Treasury has reportedly affirmed that its Community Development Financial Institutions (CDFI) Fund will continue operating normally, easing some concerns about potential disruptions stemming from a Trump administration executive order that threatened to dismantle the agency office.