{"id":14344,"date":"2021-07-26T10:23:00","date_gmt":"2021-07-26T14:23:00","guid":{"rendered":"https:\/\/www.indianz.com\/News\/?p=14344"},"modified":"2021-07-26T10:23:00","modified_gmt":"2021-07-26T14:23:00","slug":"nafoa-5-things-you-need-to-know-this-week-45","status":"publish","type":"post","link":"https:\/\/indianz.com\/News\/2021\/07\/26\/nafoa-5-things-you-need-to-know-this-week-45\/","title":{"rendered":"NAFOA: 5 Things You Need to Know this Week"},"content":{"rendered":"
\"Richard<\/a><\/div>
Our new Executive Director Rico Frias is hitting the ground running! Pictured: Rico Frias with former Idaho State Representative Paulette Jordan (Coeur d’Alene Tribe) at the National Indian Gaming Association Trade Show. Photo courtesy NAFOA<\/figcaption><\/div><\/div>\r\n
5 Things You Need to Know this Week<\/div>\r\n
Welcome to NAFOA’s new Executive Director, Rico Frias!<\/div>\r\n
Monday, July 26, 2021<\/div>\r\n
Source: NAFOA<\/div>\r\n
nafoa.org<\/a><\/div>\r\n

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1. NAFOA NEWS:<\/em><\/div>\r\n
NAFOA ANNOUNCES RICHARD FRIAS AS ITS NEW EXECUTIVE DIRECTOR<\/div>\r\nNAFOA is pleased to announce that Richard \u201cRico\u201d Frias (Chiricahua Apache from the Chihene Nde Nation) has been selected as the organization\u2019s new Executive Director. Mr. Frias joined NAFOA on Monday, July 12, 2021.\r\n

<\/p>\r\nAfter an extensive search, Mr. Frias joins NAFOA as the organization\u2019s second Executive Director. His hiring comes during a critical time of growth for the organization. In the past year, NAFOA has built momentum in its advocacy work particularly during the pandemic that ensured Indian Country\u2019s inclusion in the 2020 CARES Act and the 2021 American Rescue Plan.\r\n

<\/p>\r\nMr. Frias has a strong transactional background having conducted negotiations for clients with partners globally. He has also worked on bringing investment and private development deals to Indian Country. \u201cIndian tribes have an inherent right to pursue economic development on their reservations,\u201d says Frias.\r\n

<\/p>\r\nRead more in NAFOA’s latest broadcast<\/a>.\r\n

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2. FOR TRIBES: <\/em><\/div>\r\n
SSBCI NOTICE OF INTENT DUE FRIDAY, JULY 30<\/div>\r\nThe State Small Business Credit Initiative (SSBCI) provides states, territories, Washington, D.C., and Tribal governments (Eligible Jurisdictions) funding for 1) small business financing programs and 2) technical assistance to small businesses applying for SSBCI and other government programs. Small business financing programs that SSBCI funds may be used to support include capital access programs, loan participation, loan guarantee, collateral support, and venture equity programs. SSBCI includes at least a $500m allocation for Tribal Governments.\r\n

<\/p>\r\nTribal Governments interested in receiving SSBCI funds must submit a Notice of Intent to Apply<\/a> by this Friday, July 30th. Applications will be due by December 31st of this year.\r\n

<\/p>\r\nFor more information, visit the Department of the Treasury website<\/a> or see the Tribal SSBCI Fact Sheet<\/a>.\r\n

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\n\t\t\n\t\t\tNAFOA (@nafoaorg) on X\t\t<\/a>\n\t<\/div>\n\t
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Included in the $3B Investment is $100M for the Indigenous Communities Challenge. @US_EDA will work with Tribal Governments to develop and execute the economic development projects they need to recover from the pandemic and build economies for the future. https:\/\/t.co\/HSKPR05mJV<\/p>\n\t\t<\/a>\n\t<\/div>\n\t

\n\t\t\"X\t\tX (formerly Twitter)\t<\/div>\n<\/div>\r\n

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3. POLICY:<\/em><\/div>\r\n
SECRETARY OF COMMERCE ANNOUNCES INNOVATIVE EDA AMERICAN RESCUE PLAN PROGRAMS<\/div>\r\nLast Thursday, the U.S. Department of Commerce\u2019s Economic Development Administration (EDA) is announcing $3 billion in funding opportunities to invest in distressed and underserved communities, including Indian Country, impacted by the coronavirus pandemic. The EDA investment is broken into six Notices of Funding Opportunities:\r\n

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