Accessing the Resources and Capital to Support Economic Development - Part 1 (Virtual Training Session)
Brief Description: As tribes and Native communities seek to develop a strong foundation for economic development activities and strategies, they must also identify the array of available sources of funding, financing and/or customers/clients that will support the enterprises and projects that will ultimately implement portions of these strategies. The second section of this track will provide a non-exhaustive list of funding sources and the eligible uses and combinations of these sources as well as provide training on how to advance economic development through external borrowing/financing of activities (as opposed to purely grant-funded approaches) and the use of federal contracting to grow tribal enterprises and 8(a) businesses.
Part 1:
Economic Development Resources and Funding Sources (local, state, federal, tribal, and philanthropic grants and loans); Grant Application Best Practices
EECBG Program provides $8.8 million to 774 eligible Tribes, including Alaska Native Regional and Village and can be used to upgrade buildings, install renewable energy equipment, or develop climate and clean energy plans.
The BIA’s Branch of Tribal Climate Resilience program will support federally recognized Tribes and Tribal organizations as they address current and future climate change impacts on Tribal Treaty and Trust resources, economies, regenerative agriculture, food sovereignty, conservation practices, infrastructure, and human health and safety. All 2024 award applications must be submitted online by October 18, 2024.
The Low-Income Communities Bonus Credit Program (48e) promotes cost-saving solar or wind investments in low-income communities, on Native American/tribal land, as part of affordable housing developments, and benefiting low-income households. Under this program, there are opportunities that can help fund 50% of solar project costs at Federally-assisted residential properties.
This grant funds the prevention and reduction of suicidal behavior and substance use/misuse, reduce the impact of trauma, and promote mental health among youth, by building a healthy network of systems, services, and partnerships that impact youth.
The NIH Grant for Advancing Healthcare for Older Adults will fund health research in communities with populations that experience health disparities. Application budgets are not limited.
A 105(l) lease is an agreement between Indian Affairs and a Tribe or Tribal Organization to reimburse facility costs incurred while carrying out programs, services, functions, and activities (PSFAs).
The DOT’s Build America Bureau offers $27 million in technical assistance grants to rural and tribal communities for the planning and design phase development of transportation projects. There is no local funding match required to participate in this program. The Bureau designated up to $10 million for Tribal applicants.
A 105(l) lease is an agreement between Indian Affairs and a Tribe or Tribal Organization to reimburse facility costs incurred while carrying out programs, services, functions, and activities (PSFAs).
EECBG Program provides $8.8 million to 774 eligible Tribes, including Alaska Native Regional and Village and can be used to upgrade buildings, install renewable energy equipment, or develop climate and clean energy plans.