Native Community Capital
Native Community Capital (NCC) is a Native CDFI seeking to ensure capital is readily available to build strong, diverse, and enduring economic foundations in Native communities. The organization’s expertise supporting community facility development in Indian Country may be relevant for bespoke charter school facility projects.
Open process / apply anytime
Loan size (range, $): $50K-$5M
Current portfolio ($; #): $3.6M; 47 projects
Cost share (equity) required: Yes (20%)
Collateral required: Yes (leasehold interest)
Standard CDFI due diligence
Native Community Capital lends to tribes, developers, and individual tribal members to stimulate and accelerate economic, community and small business development benefiting Indian Country. Native Community Capital is an approved lender through the Bureau of Indian Affairs Loan Guarantee and Loan Insurance programs and is a licensed mortgage lender in Arizona and New Mexico. In many areas NCC leverages strategic partnerships to link tribes with large-scale capital resources, technical assistance and brokering services.
Native Community Capital offers economic development loans for tribes and developers, community development loans to build housing and infrastructure in Indian country, and small business loans:
- Tribal economic and community development loans: These link tribes, tribal departments and tribal members to private capital and resources including several federal lending programs and bridge loans. NCC has worked to fund housing, infrastructure, and community facilities.
- Home loans and short-term construction loans, direct mortgages, and long-term financing: NCC is a partner in the Duty to Serve Program, which provides new opportunities for investors who want to help increase home ownership on tribal lands.
- Small business loans: These make capital available to enrolled members of Federal or State recognized tribes for start-up, growth, or on-going capital needs of small businesses on and off Tribal lands.
Consumer loans and education: These activities include financial literacy, home buyer education and other technical assistance services, in addition to debt consolidation and signature loans.
Focus Areas:
Geographies: Western states with a focus on Indian Country
Sectors: Multi-sector; projects contributing to Native community economic development
Schools: Tribal or Native non-profit community facilities with established project development capacity
Tewa Women United (Española, NM)
This $57,000 building rehabilitation bridge loan provided construction funding to complete roof and building improvements as well as energy efficiency retrofits for the office complex and program delivery service center owned and operated by Tewa Women United. The loan was approved for an allocation of Bureau of Indian Affairs Loan Insurance and will be repaid through a mortgage refinance after the building improvements are complete.
Tewa Women United is a unique organization within New Mexico and the Four Corners Region. It is a regional 501(c)(3) built by Native women and providing Native women services related to combatting sexual violence, women’s leadership, health and reproductive justice as well as environmental health and justice. Recently the organization’s leadership has stabilized and enhanced operations by transitioning from primarily grant-driven budgets to generating additional revenue from developing and licensing curriculum and women’s health services based on Native American culture, traditions, and practices.
The loan underwriting process typically takes 60 days and depends on the size and complexity of the transaction. Credit approvals are heavily dependent on a project owner’s ability to submit acquisition and construction schedules, relevant plans and specifications, pro forma financials demonstrating adequacy of loan repayment funds, and other due diligence materials. Applicants are requested to complete the pre-application form available online and/or contact Native Community Capital regarding their project.