[CircleUp] FW: CDFI Fund News Release: Departments of Treasury and Justice Address Economic Development in Indian Country

[Bryan Mercier]

Please post. Thx.

 

From: CDFI Fund, US Department of the Treasury
[mailto:cdfifund at service.govdelivery.com] 
Sent: Tuesday, September 02, 2008 12:10 PM
To: bryanmercier at yahoo.com
Subject: CDFI Fund News Release: Departments of Treasury and Justice Address
Economic Development in Indian Country

 

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Departments of Treasury and Justice Address Economic Development in Indian
Country 

 September 2, 2008  


CDFI Fund 
Contact: Bill Luecht 
(202) 622-8042 
www.cdfifund.gov <http://www.cdfifund.gov/>  

  

                         

Office of Justice Programs 
Contact: Sarah Matz 
(202) 307-0703 
www.ojp.usdoj.gov 

Washington, DC - The United States Departments of Treasury and Justice today
announced a first-time partnership in strengthening and fostering economic
development in Native American communities. 

 The U.S. Department of the Treasury's Community Development Financial
Institutions (CDFI) Fund is partnering with the U.S. Department of Justice's
Community Capacity Development Office (CCDO) to launch an Indian Economic
Development Initiative. The Initiative will increase access to financing for
existing businesses; create new businesses, increase housing opportunities;
and strengthen legal infrastructure. 

 "This partnership is an excellent collaboration," said Donna Gambrell, the
CDFI Fund's Director. "It is through our training programs that the CDFI
Fund can play a pivotal role in CCDO's initiative in Native Communities. I'm
very excited about this opportunity to leverage federal funds for such a
worthwhile and crucial program. By combining our two initiatives, we have
the potential to significantly change some of our nation's most challenged
communities." 

 The economic development projects will take place in the Leech Lake Band of
Ojibwe Indian Community in Cass Lake, Minnesota, and Keweenaw Bay Indian
Community of Baraga, Michigan. The sites will participate in community
planning, commercial code development and business development. CCDO
activities dovetail the CDFI Fund resources provided to Native
organizations. CDFI technical assistance focuses on creating new Native
CDFIs and strengthening the operational capacity of existing ones, including
asset development activities for native individuals and families. 

 Both sites currently take part in CCDO's Weed and Seed Program which aims
to prevent, control, and reduce violent crime, drug abuse, and gang activity
in high-crime communities across the United States. The Program uses a
two-pronged approach - first, law enforcement agencies and prosecutors
cooperate in 'weeding out' violent criminals and drug abusers; and second,
public agencies and community-based private organizations collaborate to
'seed' much-needed human services, such as prevention, intervention,
treatment, and neighborhood restoration programs. 

 "The Community Capacity Development Office is committed to fostering
economic development as a means of improving the safety and health of tribal
communities and all communities in which we work" said Director Dennis
Greenhouse. "The ultimate outcomes of economic development in these native
communities will be stronger tribal governments and more wealth in depressed
communities." 

 The CDFI Fund's Native Initiatives works to increase access to credit,
capital, and financial services in communities by creating and expanding
CDFIs primarily serving Native Communities. This is achieved by funding
programs and providing a series of training programs to organizations
working in Native areas. The CDFI Fund's Native Initiatives also makes
financial assistance awards to certified Native CDFIs and provides grants to
Native organizations to help them build the capacity to become a certified
Native CDFI. More information can be found at http://www.cdfifund.gov
<http://www.cdfifund.gov/what_we_do/programs_id.asp?programID=3> . 

 The Office of Justice Programs, headed by Acting Assistant Attorney General
Jeffrey L. Sedgwick, provides federal leadership in developing the nation's
capacity to prevent and control crime, administer justice, and assist
victims. OJP has five component bureaus: the Bureau of Justice Assistance;
the Bureau of Justice Statistics; the National Institute of Justice; the
Office of Juvenile Justice and Delinquency Prevention; and the Office for
Victims of Crime. Additionally, OJP has two program offices: the Community
Capacity Development Office, which incorporates the Weed and Seed strategy,
and the Office of Sex Offender Sentencing, Monitoring, Apprehending,
Registering, and Tracking (SMART). More information can be found at
http://www.ojp.gov <http://www.ojp.gov/> . 

Please click here to view full news release.
<http://www.cdfifund.gov/news_events/CDFI-2008-35-EconomicDevelopmentIndianC
ountry.asp>  

  

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