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Native American Development Center presents amendment seeking set-aside, workforce and incubator funding
Summary
Lorraine Davis, founder and CEO of the Native American Development Center, urged the Appropriations committee to add a Native American set-aside and funding for workforce and small-business supports to the Commerce budget, proposing specific loan and program amounts and a one-time capital request for a cultural center and incubator.
Lorraine Davis, founder and CEO of the Native American Development Center, asked the Appropriations — Government Operations Division committee to amend Senate Bill 2018 to allocate dedicated funding for Native American financial and workforce programs.
Davis said the Native American Development Center is a Native community development financial institution (Native CDFI) based in Bismarck and has operated since 2015. "We're just a loan fund. We have no depositories. We're not trying to be a credit union or a bank, just purely a loan fund," Davis said, describing…
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