What is a Native CDFI?
Since Congress passed the “….” law in 1994, the U.S. Treasury Department has certified CDFIs. In this presentation, we use the term CDFI to include certified CDFIs and other non-government entities that use financial services to further a community development mission.
What is a Native CDFI? (Download a PPt)
- Certified Native CDFI is an entity that primarily serves (meaning, at least 50 percent of its activities are directed toward serving Native Americans, Alaska Natives and/or Native Hawaiians) a Native Community and is certified by the CDFI Fund.
- As of of August 2008, there were 46 Native CDFIs, including The Lakota Funds.