Indian Loans-Economic Development Grant

What are the aims of the Indian Loans-Economic Development Grant?

The Indian Loans-Economic Development Grant aims to provide assistance to Federally Recognized Indian Tribal Governments, Native American Organizations, and individual American Indians in obtaining financing from private sources to promote business development initiatives to improve the economies of Federally Recognized Indian Reservations.

Who are eligible to apply for the Indian Loans-Economic Development Grants?

Federally Recognized Indian Tribal Governments, Native American Organizations authorized by Indian tribal governments, and individual American Indians may apply for the Indian Loans-Economic Development Grant.

How to Apply for the Indian Loans-Economic Development Grant?

Individual applicants for the Indian Loans-Economic Development Grant must submit a certificate signed by Bureau Agency Superintendent or authorized Tribal representative that indicates the applicant is an enrolled member or registered with a Federally recognized Indian tribal government. Federally Recognized Indian Tribal Governments and Native American Organizations must submit a resolution of the governing body of the Indian Tribe. All applicants for the Indian Loans-Economic Development Grant must demonstrate their inability to obtain financing through the same institutions serving other citizens.

Where to send applications for the Indian Loans-Economic Development Grant?

Applications for loan guarantees should be submitted by the lender at the local Bureau of Indian Affairs Agency or Tribal Loan Administration Office. Lenders should contact the local office for information on documentation needed to complete an application.

For more information on Indian Loans-Economic Development Grant, contact:

The Office of Indian Energy and Economic Development, Assistant Secretary Indian Affairs, 1951 Constitution Ave, NW., MS-20-SIB, Washington, DC 20240.
Contact: Michael A. Lucero
Telephone: (202) 513-7681.
Web Site Address: http://www.doi.gov/bia/ecodev/loanpgm.html; http://www.doi.gov/bureau-indian-affairs.html

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