Na Qenq"a Community Development Financing, Inc.

Anchorage AK


Na Qenq"a Community Development Financing Inc. is a start-up organization incorporated on November 7, 2001, and located in Anchorage, AK. Na Qenq"a"s mission is to expand lending services to American Indians and Alaska Natives located in the State of Alaska to provide low-income housing and to stimulate economic development activities.

CDFI Awards for Na Qenq"a Community Development Financing, Inc.


NA (2008) - $564,485

Cook Inlet Lending Center (CILC) is a certified Native CDFI established in 2001. CILC provides low cost home purchase financing and development services in the Cook Inlet Region Incorporated ANRC Statistical Area of south-center Alaska. CILC will use the 2008 NACA FA award as lending capital and the TA grant to: 1) hire a new loan officer; 2) attending trainings; 3) hire contractors to design a new market survey, impact tracking system, funding feasibility study, and financial management strategies; and 4) purchase workbooks and software. CILC awarded $564,485 ($428,000 Financial Assistance - $136,485 Technical Assistance).



NACTA (2002) - $87,000

The CDFI Fund"s technical assistance grant will be used to conduct a marketing analysis, facilitate product design and to provide training for staff.



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