Senior Managing Director of Native American Capital, Joe Falkson, was recently named one of the most important professionals working in Indigenous finance by Investopia. He has been a driving force behind connecting investors with Native American enterprises, paving the way for economic development in Indian Country for over a quarter of a century. Falkson’s expertise […]
Native American Capital was recently honored by the Native American Finance Officers Association (NAFOA) for its work with the Kickapoo Traditional Tribe of Texas (KTTT). Prior to this year, the tribe had been guaranteeing approximately $1.1 million in bank loans for tribal members. The bank charged tribal members an interest rate of as much as […]
FOR IMMEDIATE RELEASE NATIVE AMERICAN CAPITAL LAUNCHES ‘TRIBAL OPPORTUNITY ZONES VENTURE GROUP’ Denver, CO. October 23, 2018. Native American Capital (NAC) today announced, at the 75th Anniversary of the National Congress of American Indians in Denver, the launch of the Tribal Opportunity Zones Venture Group (TOZ-VG), a national initiative to direct Opportunity Zone […]
The article announces Heather Dawn Thompson’s appointment as Director of the Office of Tribal Relations (OTR) at the U.S. Department of Agriculture (USDA). The OTR is responsible for strengthening USDA’s partnership with Tribal Nations and expanding the Department’s outreach and engagement with Tribal governments and communities. Heather Dawn Thompson is a member of the Cheyenne […]
FOR IMMEDIATE RELEASE Washington, DC, January 25, 2021/ The Biden Administration today announced the appointment of Heather Dawn Thompson as the new Director of the US Department of Agriculture’s (USDA) Office of Tribal Relations (OTR). Ms. Thompson, a nationally recognized Native American lawyer, leader, and Indian Country economic development expert, is an enrolled member of […]
NMTC loans have sustained significantly lower write offs or defaults over the past 10 years than comparable, conventional real estate loans. NAC senior managing director, Joe Falkson, recently compared two historical data sets tracking conventional mortgages maintained by Moody’s and Standard & Poor’s with a similar NMTC tracking data set. The result: the NMTC 10 […]
The Tribal Chief of the Mississippi Choctaw Indians formally recognized NAC’s client, the Lower Brule Community Development Enterprise, for its successful use of New Market Tax Credits (NMTC) to bring a successful manufacturing company to the Choctaw TechParc. Through its work with the LBCDE, NAC facilitated using a $9 million NMTC allocation to bring KemPosits […]
Lower Brule Sioux Tribe Financial Services Businesses As Indian Country moves beyond grant funding to self-sustaining economic development, tribes must increasingly utilize a complex array of financing tools in a ‘tribal finance tool’ in order to achieve success. This paper describes the innovative application of one of those tribal finance tools—New Markets Tax Credits (NMTC) […]
NAC client the Delaware Nation of Oklahoma was featured prominently in a Financial Times article illustrating the lack of available funding to businesses located in Indian Country. In the article, titled “Lights go out for Native American Hopes,” the FT describes the Delaware Nation’s inability to secure financing for a tribally owned lighting manufacturing business […]
Lower Brule, SD (May 1, 2011) – Lower Brule, SD (May 1, 2011) – Lower Brule Community Development Enterprise (LBCDE), a federally-certified CDFI and CDE, wholly-owned by the Lower Brule Sioux Tribe (LBST), located in South Dakota, has received a New Markets Tax Credit (NMTC) allocation of $18 million. The award was made by the […]