{"id":24342,"date":"2022-05-16T09:55:45","date_gmt":"2022-05-16T13:55:45","guid":{"rendered":"https:\/\/www.indianz.com\/News\/?p=24342"},"modified":"2022-05-16T09:55:46","modified_gmt":"2022-05-16T13:55:46","slug":"nafoa-5-things-you-need-to-know-this-week-81","status":"publish","type":"post","link":"https:\/\/indianz.com\/News\/2022\/05\/16\/nafoa-5-things-you-need-to-know-this-week-81\/","title":{"rendered":"NAFOA: 5 Things You Need to Know this Week"},"content":{"rendered":" \"Class<\/a>
Congratulations to the 2022 Class of Leading People and Investing to Build Sustainable Communities! LPIBSC at Harvard Business School gathers indigenous leaders from the US and Canada for a week of leadership development supporting Native finance. Courtesy photo<\/figcaption>\r\n
5 Things You Need to Know this Week<\/div>\r\n
NAFOA looks out for our community \u2014 help us grow by forwarding this newsletter!<\/div>\r\n
Monday, May 16, 2022<\/div>\r\n
Source: NAFOA<\/div>\r\n
nafoa.org<\/a><\/div>\r\n

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1. POLICY:<\/em><\/div>\r\n
WEBINAR WITH DEPARTMENT OF ENERGY ON DEBT & TAX EQUITY FOR PROJECTS IN INDIAN COUNTRY<\/div>\r\nNAFOA will host the Department of Energy in a webinar designed to discuss debt and tax equity for energy projects in Indian Country, as well as new changes to the DOE’s Loan Programs Office (LPO) on Wednesday, May 18th at 2:00pm Eastern Time.\r\n

<\/p>\r\nFinancing energy projects using debt and tax-equity can significantly enhance economic returns and potentially attract a broad range of investors. Debt and tax-equity structures are commonly used in the solar industry today and offer a significant resource for tribes interested in pursuing these projects. This webinar will cover these financing structures in greater detail and how they can potentially be used with the Department of Energy\u2019s (DOE) Tribal Energy Loan Guarantee Program (TELGP). Representatives from the DOE\u2019s Loan Programs Office (LPO) as well as tax and finance experts will be participating.\r\n

<\/p>\r\nThis webinar will take place May 18th from 2:00pm to 3:00pm Eastern Time and will be recorded. Registration is required to join<\/a>.\r\n

<\/p>\r\nRegister for the May 18 Webinar<\/a>\r\n

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2. REMINDERS:<\/em><\/div>\r\n
CAPITAL PROJECTS FUND COMPLIANCE AND REPORTING GUIDANCE AVAILABLE FOR PUBLIC COMMENT UNTIL MAY 25, APPLICATION DEADLINE JUNE 1<\/div>\r\nThe Coronavirus Capital Projects Fund (Capital Projects Fund) will address many challenges laid bare by the pandemic, especially in rural America, Tribal communities, and low- and moderate-income communities, helping to ensure that all communities have access to the high-quality modern infrastructure, including broadband, needed to access critical services.\r\n

<\/p>\r\nThe American Rescue Plan provides $10 billion for payments to eligible governments to carry out critical capital projects that directly enable work, education, and health monitoring, including remote options, in response to the public health emergency.\r\n

<\/p>\r\nOn May 10, 2022, the draft Capital Projects Fund Compliance and Reporting Guidance for States, territories, and freely associated states was made available on the Federal Register for a 15-day public comment period. Treasury invites interested parties to review and submit comments. Instructions for submitting comments can be found on Regulations.gov.\r\n

<\/p>\r\nReview and submit formal comments on the Capital Projects Fund Reporting Guidance for States, Territories, and Freely Associated States<\/a>.\r\n

<\/p>\r\nAll comments must be submitted by following the instructions outlined on Regulations.gov by May 25, 2022.\r\n

<\/p>\r\nLearn More<\/a>\r\n\r\n

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3. FROM THE NAFOA NAVIGATOR: <\/em><\/div>\r\n
7 WAYS TRIBES CAN STRENGTHEN THEIR CYBERSECURITY POSTURE<\/div>\r\nBy Suresh Geer, Director, Wipfli LLP\r\n

<\/p>\r\nRansomware attacks in North America are continuing to increase at a rapid pace the last few years. The growing amount of ransomware attacks specifically targeting tribes and their business operations has highlighted the need for tribes to increase their cybersecurity efforts. The choice of whether to invest in security measures that protect your networks and data isn\u2019t really a choice at all \u2014 don\u2019t ask will you be attacked but rather when, and will you be ready? Here are seven ways tribes can mitigate cyber risks across their government and business operations:\r\n

<\/p>\r\n1. Multi-factor authentication (MFA)
\r\n2. Penetration testing
\r\n3. Real-time detection
\r\n4. Patches and updates
\r\n5. Cybersecurity insurance
\r\n6. Backup and recovery
\r\n7. Cybersecurity training
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<\/p>\r\nRead More in the NAFOA Navigator (pg. 126-127)<\/a>\r\n\r\n

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