In the midst of an extreme housing shortage, it is estimated that the Pine Ridge Reservation needs an additional 4,000 homes to provide adequate housing for residents. With a virtually nonexistent residential real estate market, families are commonly on the waiting list for low-income tribal housing for
Native Organizations Receive Governor’s Awards in the Arts
Lakota Funds was recognized for Outstanding Support of the Arts to Native Nations with Lands in South Dakota at the 24th Biennial Governor’s Awards in the Arts presentation banquet in Pierre, which was co-sponsored by Arts South Dakota and the South Dakota Arts Council.
We were selected
Free Tax Service Aims to Maximize Refunds for Reservation Residents
Lakota Funds and the Lakota Federal Credit Union are partnering again this year to facilitate a Volunteer Income Tax Assistance (VITA) site that will offer free tax preparation services to those who live on the Pine Ridge Reservation and neighboring areas.
“This is a critical service that helps fuel
Oglala Sioux Tribe President Drops in on Youth Business Plan Competition
The 11th Annual Lakota Nation Invitational (LNI) Business Plan Competition had an unexpected, yet very welcomed, visitor. Oglala Sioux Tribe President, Julian Running Bear, watched several youth as they presented their business plans on the second day of the competition at the Rushmore Plaza Civic Center.
“It
Native Nations Rebuilders – Cohort 10 Announced
Congratulations to Angela Koenen for being chosen as one of the members of the 10th cohort of the Native Nations Rebuilders program! Rebuilders are emerging and existing Native leaders looking to build leadership skills and nation building knowledge. Angela was one of 21 tribal citizens from 14
Lakota Funds Receives $1 Million to Support Lending Program
The Community Development Financial Institutions (CDFI) Fund, a part of the U.S. Treasury Department, announced that Lakota Funds was awarded $1,005,000 as part of their Native American CDFI Assistance (NACA) Program.
The award will fuel Lakota Funds’ lending program, which in turn channels funds in the form
Lakota Funds and First National Bank of Rapid City Partner for $15,000 Strong Communities Award
The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced that First National Bank of Rapid City has been selected as one of seven competing for $15,000 to use to further promote economic development opportunities in their community.
First National Bank, a FHLB Des Moines
Expanded Program to Invest $2.6 Million into Reservation Farms and Ranches
We are pleased to announce that we will be expanding our agricultural business program with a funding award from the Native American Agricultural Fund, an organization that was born out of the Keepseagle vs. Vilsack settlement. Through the expansion, we will add a full-time staff member who,
Oglala Lakota Artspace LLC to Host Groundbreaking for First-Ever Arts Center on Pine Ridge Reservation
The Oglala Lakota Artspace LLC — comprised of Artspace, First Peoples Fund, and Lakota Funds — announced today the groundbreaking ceremony for the first-ever arts center on the geographically vast Pine Ridge Reservation in South Dakota: The Oglala Lakota Artspace. The arts facility is designed to provide
Lakota Funds Launches Client Survey
Providing tools to help our clients build assets and create wealth is at the core of Lakota Funds’ mission. We are conducting a brief survey of our clients so that we can identify areas of opportunity to best serve you.
The survey will only take approximately six