Finance
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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
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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.
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- By Brian Edwards
- Finance
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President Donald Trump signed an executive order Friday to drastically scale back the Community Development Financial Institutions (CDFI) Fund, potentially eliminating a critical source of capital for Native-owned businesses and economic development in tribal communities.
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- By Chez Oxendine
- Finance
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The Internal Revenue Service has cut roughly half the staff at an agency office dedicated to helping tribes navigate complex tax issues, Tribal Business News has learned.
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- By Brian Edwards
- Finance
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Last week, I attended an annual summit in Washington, D.C., where community development financial institution (CDFI) leaders gathered to discuss their vision for expanding access to capital in Native communities.