Economic Development Authority of the Tohono O"odham Nation

Sells AZ


The Economic Development Authority of the Tohono Oa€™Odham Nation of Sells, AZ (Tohono Oa€™Odham) has been awarded a technical assistance grant of $100,000 by the Fund to assess the feasibility of establishing a CDFI business loan fund to serve the Tohono Oa€™Odham Nation. Tohono Oa€™Odham Nation is comprised of 3 non-contiguous reservations (Papago Indian Reservation, Gila Bend Indian Reservation and San Xavier Indian Reservation), the village of Florence, and the San Lucy District. The Nation is facing severe distress-65% of its population live below poverty, unemployment is at 42%, and HMDA data indicates high loan denial rates.

CDFI Awards for Economic Development Authority of the Tohono O"odham Nation


NACTA (2002) - $100,000

The Awardee proposes to establish a community development business loan fund to address these challenges; the CDFI is intended to support the development of industrial and commercial space to support business and direct lending to Indian-owned businesses. This two-pronged effort is to result in millions of dollars in business revenue and overall economic growth and development of the area to benefit the Tohono O"Odham Nation. The technical assistance grant will support consulting services to be used to develop a strategic plan, define market and products, and establish the foundational policies for a new CDFI.



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