Indian Economic Development

To assist Federally Recognized Indian Tribal Governments by providing the resources necessary to develop a self-sustaining economic base.

The program provides opportunities for business development, the coordination and integration of programs through out the Federal government, and the partnering
of Federally Recognized Indian Tribal Governments with local government and the public and private business sector.
Related Programs

Examples of Funded Projects

A Commercial Center Expansion in New Mexico creating/retaining 25 jobs.

A combined dental office and social services center in the Washington which created 20 new jobs.


Agency - Department of the Interior

The Department of the Interior protects and provides access to the Nation's natural and cultural heritage, including responsibilities to Indian tribes and island communities. Departmental goals include resource protection and usage, overseeing recreational opportunities, serving communities and excellence in management.

Office - Applications may be filed with the local Bureau of Indian Affairs agency office as listed in Appendix IV of the Catalog.



Selected Recipients for this Program


RecipientAmount Start DateEnd Date
Virginia Polytechnic Institute And State University $ 648,285   2019-06-302024-09-30
Mississippi Band Of Choctaw Indians $ 815,195   1996-02-142022-09-30
Seminole Tribe Of Florida, Inc., The $ 1,058,331   2001-02-062022-09-30
Coushatta Tribe Of Louisiana $ 59,640   2019-01-012021-12-31
Spirit Lake Tribe $ 50,000   2020-09-212021-09-30
Red Cliff Band Of Lake Superior Chippewa Indians $ 33,500   2020-09-212021-09-30
Nansemond Indian Tribe $ 40,094   2020-09-212021-09-30
Circle Native Community $ 49,065   2020-09-212021-09-30
Wichita & Affiliated Tribes $ 50,000   2020-09-212021-09-30
Central Council Tlingit And Haida Indian $ 50,000   2020-09-212021-09-30



Program Accomplishments

Several Federally Recognized Indian Tribal Governments administer programs that monitor the status of existing loans made to its members and collect on loans made by re- lending programs and credit associations. The programs that may be administered include: guaranteed loans from the Loan Guaranty and Insurance Fund, Direct Loans, and grants from the Indian Business Development Program and Community and Economic Development Program. Some of the programs listed may not be open for new applications. The programs also provide assistance to American Indian owned businesses and individual American Indians in obtaining financing from private sources.

Uses and Use Restrictions

Funds are used to administer tribal revolving loan programs and guaranty loan programs in order to develop resources to improve access to capital in tribal economies.

Final approval of loan guarantees is restricted to the Bureau of Indian Affairs.

Funds can also be used by Federally Recognized Indian tribal Governments to develop essential tribal ordinances and commercial business codes which provide the necessary separation and exercise of sovereign immunity between business activities and tribal regulatory activities to promote a pro-business environment.

Eligibility Requirements

Applicant Eligibility

Federally Recognized Indian Tribal Governments.

Beneficiary Eligibility

Federally Recognized Indian Tribal Governments and their members.

Credentials/Documentation

Initial application for financial assistance must be accompanied by a resolution of the governing body of the Indian tribe.

Aplication and Award Process

Preapplication Coordination

None.

This program is excluded from coverage under E.O.

12372.

Application Procedures

Initial applications to administer the program must contain the information specified in 25 CFR, Part 900, Subpart C, "Contract Proposal Contents." Completed applications should be submitted to the local Bureau of Indian Affairs agency office listed in Appendix IV of the Catalog. In some instances, the application will be forwarded to the Regional Director for approval.

Award Procedures

In most cases, the application to administer the program can be approved at the agency level. In some instances, the application will be forwarded to the Regional Director for approval.

Deadlines

None.

Authorization

Snyder Act of 1921, Public Law 67-85, 42 Stat. 208, 25 U.S.C. 13; Indian Reorganization Act of 1934, Section 10, Public Law 73-383, 48 Stat. 986, 25 U.S.C. 470; Public Law 93-262, 88 Stat. 77 through 83, 25 U.S.C. 1451; Indian Self-Determination and Education Assistance Act, Public Law 93-638, as amended, 25 U.S.C. 450.

Range of Approval/Disapproval Time

Applications will be processed within 90 days.

Appeals

A Federally Recognized Tribal Government or Native American Organization whose request to administer the program is denied may request an informal conference with the deciding official, or may appeal the denial of the application to the Interior Board of Indian Appeal