{"id":6705,"date":"2020-06-29T09:24:32","date_gmt":"2020-06-29T13:24:32","guid":{"rendered":"https:\/\/www.indianz.com\/covid19\/?p=6705"},"modified":"2020-06-29T09:24:32","modified_gmt":"2020-06-29T13:24:32","slug":"nafoa-native-american-finance-officers-association-22","status":"publish","type":"post","link":"https:\/\/indianz.com\/covid19\/2020\/06\/29\/nafoa-native-american-finance-officers-association-22\/","title":{"rendered":"NAFOA (Native American Finance Officers Association)"},"content":{"rendered":"
\"nafoa\"

Throwback! Remember when in-person meetings were a thing? Even though we’re not physically visiting offices in DC, NAFOA is still working hard to advocate and bring you the latest updates from Congress and federal agencies that are impacting Indian Country. Photo courtesy NAFOA<\/p><\/div>\n

5 Things You Need to Know this Week<\/h1>\n

Sharing updates for Indian Country from Washington, D.C.\u00a0<\/strong><\/p>\n

1. POLICY:<\/em><\/h2>\n

HOUSE DEMOCRATS INTRODUCE THE MOVING FORWARD ACT<\/h2>\n

On Monday, June 22nd, 2020, the House Democrats unveiled\u00a0H.R. 2\u00a0The Moving Forward Act<\/a>. This comprehensive legislation aims to rebuild and invest in American infrastructure including: roads, highways, transit systems, housing, schools, broadband, healthcare, drinking and wastewater systems, and clean energy.<\/p>\n

Included in this legislation are several provisions related to transportation, community, and infrastructure development in Indian Country. The Moving Forward Act seeks to improve tribal governments access to tax credits and promote investment in tribal infrastructure projects:<\/p>\n

Read more about The Moving Forward Act from NAFOA’s broadcast.<\/a><\/p>\n

2. COVID-19 UPDATES:<\/em>
\nCORONAVIRUS RELIEF FUND FAQS UPDATED<\/h2>\n

On June 24, 2020, the U.S. Department of the Treasury released updated\u00a0Coronavirus Relief Fund (CRF) Frequently Asked Questions (FAQs)<\/a>. These FAQs supplement\u00a0Treasury’s Coronavirus Relief Fund Guidance for State, Territorial, Local, and Tribal Governments<\/a>\u00a0issued on April 22, 2020. Further information about the CRF is available at\u00a0Treasury’s CARES website<\/a>.<\/p>\n

The majority of the updates are on page 8 and page 9 of the updated\u00a0FAQs<\/a>.\u00a0For a complete understanding, NAFOA encourages each tribal government to familiarize themselves with official guidance and FAQs regularly published by the Treasury Department,\u00a0here<\/a>.<\/p>\n

3.\u00a0 FOR TRIBES:<\/em>
\nCORRECTED RELEASE: ASSISTANT SECRETARY SWEENEY ANNOUNCES $900,000 AVAILABLE IN NABDI GRANTS FOR FEASIBILITY STUDIES ON PROPOSED TRIBAL ECONOMIC DEVELOPMENT PROJECTS IN OPPORTUNITY ZONES<\/h2>\n

Assistant Secretary \u2013 Indian Affairs Tara MacLean Sweeney announced that the Office of Indian Energy and Economic Development (IEED) is soliciting applications for its Native American Business Development Institute (NABDI) grant program, which has a total of $900,000 to fund feasibility studies for tribal economic development projects in Opportunity Zones.\u00a0This program seeks to fund some 20 to 25 grants,\u00a0ranging in value from approximately $25,000\u00a0to $75,000,\u00a0to enable\u00a0federally recognized American Indian and Alaska Native tribes\u00a0and entities\u00a0to\u00a0undertake feasibility studies of proposed economic development projects, businesses, and technologies located in designated Opportunity Zones.<\/p>\n

Please visit the Indian Affairs website for more information about IEED\u2019s programs and\u00a0Services at\u00a0https:\/\/www.indianaffairs.gov\/as-ia\/ieed<\/a>.<\/p>\n

4. \u00a0PROFESSIONAL DEVELOPMENT:<\/em>
\nSALE EXTENDED – GET THE NAFOA ORANGE BOOK FOR 20% OFF UNTIL THE END OF JULY<\/h2>\n

Due to the overwhelming response to our June sale, NAFOA is continuing our Orange Book sale until the end of July.\u00a0The Financial Reporting and Information Guide for Tribal Governments and Enterprises (Orange\u00a0Book)<\/a>\u00a0will be 20% off until July 31st.<\/strong><\/p>\n

The NAFOA\u00a0Orange\u00a0Book\u00a0addresses the complex economic activity and related entity differences of tribal settings. It also presents an overview of the financial reporting framework in a tribal setting. The\u00a0Orange\u00a0Book\u00a0<\/strong>includes ten chapters covering the unique operating environment of tribal governments from financial reporting with business activities to fiduciary activities to federal tax and information reporting.<\/p>\n

The cost of this\u00a0book\u00a0is an allowable charge to your federal grants and subgrants.\u00a0Order online<\/a>\u00a0or\u00a0download and fill out an order form<\/a>.<\/p>\n

5. EDUCATION:<\/em>
\nPROVIDING IMPORTANT SKILLS WITH CAREER BASICS<\/h2>\n

Register<\/a>\u00a0between now and July 20th to participate in our free online program for Native youth and young professionals ages 18-26.\u00a0\u00a0As well as learning about\u00a0career\u00a0prep and personal finance, NAFOA will be gifting a pair of Beats by Dr. Dre Powerbeats3 Wireless Earphones to the\u00a0<\/strong>first 20 participants<\/strong><\/u>\u00a0who complete\u00a0Career\u00a0Basics\u00a0this summer.<\/p>\n

Know a Native youth or young professional who would benefit from the program?<\/strong>\u00a0\u00a0Send us their name and contact information at\u00a0education@nafoa.org<\/a>, and we will extend a personal invitation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sharing updates for Indian Country from Washington, D.C.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[6],"tags":[43],"class_list":["post-6705","post","type-post","status-publish","format-standard","hentry","category-organizations","tag-nafoa"],"jetpack_featured_media_url":"","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/6705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/comments?post=6705"}],"version-history":[{"count":1,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/6705\/revisions"}],"predecessor-version":[{"id":6707,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/posts\/6705\/revisions\/6707"}],"wp:attachment":[{"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/media?parent=6705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/categories?post=6705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indianz.com\/covid19\/wp-json\/wp\/v2\/tags?post=6705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}