The Federal Reserve Bank of Minneapolis is pleased to announce that it will launch the Center for Indian Country Development (CICD) in mid-year 2015. For the last two decades, the Minneapolis Fed has engaged in community and economic development work in American Indian reservations and other Native American communities, both regionally and nationally. The CICD will deepen and broaden this work, as well as raise the Minneapolis Fed’s commitment to and capacity for engaging in these important initiatives. The center’s mission is to help self-governing communities of American Indians in the U.S. attain their economic development goals.
The Minneapolis Fed’s work in Indian Country so far has focused on promoting access to credit and financial services for low- and moderate-income communities and individuals. By having a broader mission that considers all aspects of economic development in Indian Country, the CICD will expand the Federal Reserve System’s partnerships and collaborations with key stakeholders from across the country that are similarly committed to Indian Country economic development. Watch for more information about the center in the July 2015 issue of Community Dividend.
