Finance
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- By Brian Edwards
- Finance
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A federal judge has awarded $1.27 million to a Native community development financial institution (CDFI) in a fraud case tied to a failed tribal energy venture, finding that key representations used to secure a $1.5 million loan were false.
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- By Brian Edwards
- Finance
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LAS VEGAS — One of the most practical impacts of new federal tax rules is showing up at the powwow.
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- By Brian Edwards
- Finance
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Large-scale economic development deals in Indian Country have typically been financed by banks, tax credit investors and outside institutions — with Native CDFIs often left on the sidelines. That may be starting to change.
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- By Tribal Business News Staff
- Finance
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Native American Bank N.A. has been approved as an eligible lender under the Alaska Industrial Development and Export Authority’s Loan Participation Program, expanding access to long-term financing for tribal and rural business projects across the state.
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- By Brian Edwards
- Finance
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Tribal governments are increasingly using a once-obscure federal leasing provision known as Section 105(l) to generate hundreds of millions of dollars for health care and infrastructure projects, according to a new analysis from the Center for Indian Country Development at the Federal Reserve Bank of Minneapolis.
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- By Tribal Business News Staff
- Finance
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Native American Bank has provided a long-term loan to support expansion and refinancing initiatives for Midi Enterprises, LLC, a federal contracting and economic development company owned by the Mandan, Hidatsa and Arikara Nation.
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- By Brian Edwards
- Finance
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Native communities receive a tiny fraction of philanthropic funding in the United States. For every $1,000 foundations give away, only a few dollars reach Native communities — a gap that says less about need or impact and more about how philanthropy sees Indian Country.
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- By Brian Edwards
- Finance
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The Soboba Band of Luiseño Indians closed a $219 million senior secured credit package to refinance existing debt and fund construction of an on-site energy facility at its Riverside County gaming resort, according to the lead arranger.
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- By Brian Edwards
- Finance
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There was a time not long ago when capital simply did not move in Indian Country.
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- By Brian Edwards
- Finance
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Talking with Robert J. Miller is a reminder of how much of American economic history has been misremembered — or deliberately forgotten.