Grant of $745,500 goes to local lending entity

September 27, 2017 | LXXVII No. 27

A Coulee Dam enterprise has been awarded nearly three quarters of a million dollars to foster economic independence among native people.

The U.S. Treasury Department awarded the nonprofit Northwest Native Development Fund $745,500, the company announced in a press release. The grant award is funded from the Native American CDFI Assistance program, for certified Native Community Development Financial Institutions (Native CDFIs).

NNDF has received seven such awards since 2009 and was certified in 2011, said Ted Piccolo, NNDF executive director. “These federal resources will go a long way t...

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