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Economic Development

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Doyon, Limited Alaska Native Corporation

Fairbanks, Alaska

Award Amount: $50,651,548.43

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The Treasury Department’s Community Development Financial Institutions (CDFI) Fund announced that it will postpone the rollout of its new CDFI certification application, which was supposed to launch in April 2023. 

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Shinnecock Nation

Southampton, New York

Award Amount: $8,197,449.36

Project Summary: The Broadband Infrastructure Deployment project proposes to install fiber directly connecting 301 unserved Native American households and 60 near-territory households, government buildings, and anchor institutions providing 536 Native American-enrolled members with broadband at a base level of 50/10 Mbps and a top level of 1000/1000 Mbps services. 

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Yurok Tribe

Klamath, California

Award Amount:  $61,661,365.50

Project Summary: The Broadband Infrastructure Deployment project proposes to install middle fiber and last-mile wireless connecting 921 unserved Native American households on the Yurok Reservation and Yurok Ancestral Lands with fixed wireless to the home with 100 Mbps/25 Mbps service.

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Osage Nation

Pine Ridge, Oklahoma

Award Amount: $49,679,250.00

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Quinault tribal member Tyson Johnston doesn’t just want a seat at the table for his tribe — he wants a hand in building it.

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Cherokee Nation

Tahlequah, Oklahoma

Award Amount: $33,946,876.75

Project Summary: The Broadband Infrastructure Deployment project proposes to install fiber and wireless technology directly connecting 5,899 unserved Native American households with 100/20 Mbps wireless service.

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Native fintech start-up Totem Technologies has landed its first tribal partnership. 

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As economic development surges across Indian Country, personal finances lag as Native communities continue to experience some of the highest rates of poverty in the nation. Several programs are driving efforts to change the tides by instilling financial literacy in Native youth to sustain economic prosperity in Indian Country for the next seven generations.

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The Iowa Tribe of Kansas and Nebraska (ITKN) will receive state funds for a broadband project amid a historic surge of support for broadband across the Indian Country.