Lakota Funds Awarded Two Grants
“Lakota Funds is very appreciative of the two grants they received from the South Dakota Community Foundation. The Community Innovation Grant will help the SD Native Homeownership Coalition to address the shortage of housing stock on many of our reservations, said Tawney Brunsch, Executive Director, Lakota Funds.
Lakota Funds is a Native CDFI serving the Pine Ridge Reservation and surrounding area with access to business loan capital, technical assistance and asset building products and services. They have been a sponsor of the Lakota Nations Invitation (LNI) Business Plan Competition in partnership with OST Credit/Finance for several years.
“Part of this work means increasing the number of certified inspectors. We greatly appreciate the support of the SDCF for our inspector certification training,” she added.
The organization received a $10,000 Community Innovation Grant and a $3,750 South Dakota Fund Grant. Lakota Funds was selected as one of 15 recipients in its recent round of Community Innovation Grants. Community Innovation Grants provide funding aimed at uncovering breakthroughs in community needs across the state. The $10,000 grant will allow them to address the issue of the lack of certified building inspectors operating on Indian reservations in South Dakota. Lakota Funds also received a $3,750 South Dakota Fund grant to encourage students in grades nine through twelve to participate in the Lakota Nations Invitational (LNI) Business Plan Competition.
“We look forward to working with Lakota Funds to foster these two different projects for adults and youth residing on reservations” says Ginger Niemann, SDCF program officer. “The SDCF is proud to assist Lakota Funds as they conduct inspector certification preparation courses, helping applicants prepare for the exam and encourage students to participate in the LNI Business Plan Competition. “
During 2017, nonprofits across the state will receive a total of $400,000 through the Community Innovation Grant program, which is a partnership between the SDCF and the St. Paul, MN-based Bush Foundation.