CDFI Fund Hosts Application Workshop for NACA Program

The U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) Fund will

be conducting an application workshop in Milwaukee, Wisconsin on Friday, September 7, 2007, on the

application to receive financial and technical assistance through the FY 2008 round of the CDFI Fund’s

Native American CDFI Assistance (NACA) Program.

9:00 a.m. – 12:00 p.m. – CDFI NACA Program Application Workshop

Hilton Milwaukee City Center

Room: Wright C

509 W. Wisconsin Avenue

Milwaukee, Wisconsin 23203

Generally, CDFIs are community-based specialized financial institutions that serve low-income people

or work in economically distressed communities, often working in market niches that may be

underserved by traditional financial institutions. CDFIs provide a unique range of financial products

and services in economically distressed target markets, such as mortgage financing for low-income and

first-time homebuyers, commercial loans, small business lending, and investments to small start-up or

expanding businesses in low-income areas.

The NACA Program supports Native CDFIs, and entities proposing to become or create Native CDFIs,

to help build their capacity to better address the community development and capital access needs of

Native communities. The NACA Program provides Financial Assistance (FA) and Technical Assistance

(TA) grants to Native CDFIs; and TA grants to entities proposing to become or create Native CDFIs.

from non-federal sources. FA awards enable CDFIs to leverage private capital to respond to

demand for affordable financial products and services in economically distressed markets and by

low-income families.

grants to build the capacity of start-up and existing CDFIs by acquiring prescribed types of

products or services including technology, staff training, consulting services to acquire a market

analysis or lending policies and procedures.

Anyone wishing to attend the Application Workshop must register through the CDFI Fund’s on-line

registration system. The registration period is now open. Detailed instructions on how to register and a

link to the on-line registration system are available on the homepage of the CDFI Fund’s website at

www.cdfifund.gov.