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 two-plus years. In […]
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
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 tribes that was […]
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 member financial institution, […]
Oglala Lakota Artspace to Break Ground in September
The kind of place everyone dreams of. That is how artist and First Peoples Fund staff member Bryan Parker (White Mountain Apache, Muscogee Creek, Mississippi Choctaw) describes the Oglala Lakota Artspace, a first of its kind space slated to break ground this fall on the Pine Ridge Reservation. A collaboration […]
Free Tax Service Brings Over $1 Million to Reservation, Receives Award from IRS
With tax season wrapping up, Lakota Funds and the Lakota Federal Credit Union are celebrating the success of their Volunteer Income Tax Assistance (VITA) site where they offer free tax preparation services to residents of the Pine Ridge Reservation and neighboring areas. By the end of tax season, they filed […]
Nonprofit Supports Increase in Native-Owned Agri-Businesses
Although the latest USDA Census of Agriculture shows there are 3,218 agricultural operations on Indian reservations in South Dakota, only 924 – less than a third – are actually Native American-owned. Lakota Funds, a nonprofit organization, is working to increase that number by supporting Native American farmers and ranchers through […]
Family Celebrates Homeownership this Holiday Season
This holiday season, Cynthia Plenty Bull and her daughter will be celebrating in the same house they have lived in for the past six years. But this year, they will call the home their own. Cynthia is the first tenant in the 30-unit Eagle Nest Housing Development, originally built in […]
An Oglala Sioux Veteran’s Journey to Homeownership
In our role with the South Dakota Native Homeownership Coalition, Lakota Funds is actively working to create homeownership opportunities for Native Americans throughout the state, and specifically for Native American veterans. One of our first successes in this initiative was partnering with Mazaska Owecaso Otipi Financial to support George O’Rourke, […]
Lakota Funds Deploys 1st Agricultural Loan
James Two Crow (Oglala Sioux), a loyal Lakota Funds client since 2002, was the first to tap into our new Farm Service Agency guaranteed loan program. He utilized this agricultural loan product to purchase 20 bred cows, which symbolize the start of his growing cattle operation just east of Kyle […]