101618_YKBP_A5.pdf
 
                    
                 
                    
                 
                    
                 
                    
                Broadcaster Press 5
 
 October 16, 2018 www.broadcasteronline.com
 
 Two Outstanding Leaders are Recognized for Commitment
 to Building Economies in Native Communities
 CHICAGO, IL – Two leaders were honored Tuesday in recognition of their commitment to excellence in the Native CDFI
 industry at the 2018 Native CDFI Awards
 Ceremony, part of the 15th Annual Native
 CDFI Convening hosted by Opportunity
 Finance Network (OFN) and First Nations
 Oweesta Corporation (Oweesta).
 The Circle of Honor Award recognizes a
 Native CDFI that is successfully increasing
 access to capital and financial resources in
 Native communities by developing innovative loan products, promoting community
 development, and overcoming challenges.
 The 2018 Circle of Honor Award winner
 is Mazaska Owecaso Otipi Financial, Inc.
 (Mazaska), a Native CDFI serving the Pine
 Ridge Indian Reservation and adjacent
 communities. Mazaska demonstrates
 outstanding leadership within the industry
 by creating safe and affordable housing
 opportunities by providing home loans
 to first-time and existing homeowners,
 development services such as free financial
 literacy and homeownership classes, and
 financial insight to empower Native people
 to build assets and create wealth. Mazaska’s Executive Director, Colleen Steele, is an
 enrolled member of the Oglala Sioux Tribe
 with over twenty years’ experience working
 with Native organizations and has served as
 Mazaska’s primary staff member since 2005.
 Ms. Steele has been instrumental in raising
 funds and building the loan program.
 In the past two years, Mazaska has:
 started providing a bridge loan product to
 veterans on the Pine Ridge Reservation, as
 well as the USDA Rural Development 502
 Pilot Program, a partnership in the works
 for several years designed to deploy $1 million to provide low- and moderate-income
 households with the opportunity to own adequate, modest, decent, safe, and sanitary
 housing in eligible rural areas. Mazaska is
 also working with the partner organizations
 on additional reservation homeownership
 initiatives, including projects that will pass
 through $100,000 for down payment assistance and utilize $1 million from a capital
 pool for affordable housing. Additionally,
 Mazaska is working with the Oglala Sioux
 Tribe Home Improvement Subsidy program
 
 and the Federal Home Loan Bank to provide
 up to $10,000 in down payment assistance
 to qualified borrowers. Finally, Mazaska is
 partnering with Lakota Funds to provide
 mortgage lending at Eagle Nest Housing,
 which includes 30 units of rental housing
 currently converting to mortgages, providing the tenants with an opportunity to
 become homeowners.
 “Mazaska was selected from a highly
 competitive group of Native CDFI nominees
 and was awarded for their hard work and
 dedication in working with their community
 members to support asset building through
 homeownership, building key partnerships
 close to home and farther away to support
 their work, and bringing in diverse sources
 of capital to then invest in their communities,” shared Chrystel Cornelius, Oweesta
 Executive Director.
 The Visionary Leader Award for Outstanding Achievement recognizes a person
 who has made a long? term contribution to
 the Native CDFI industry and whose local
 financing and asset building efforts make
 them an inspiration for others. Tawney
 Brunsch, Executive Director of The Lakota
 Funds (TLF), is a trailblazing visionary
 leader exemplifying a level of commitment to the Native CDFI industry and TLF,
 where she has served as Executive Director
 since 2010. She has led TLF through many
 history-making accomplishments and is
 a tireless advocate for the Lakota people
 and for capital access throughout Indian
 Country. She was a founding board member
 for the Native CDFI Network and currently
 serves on Mazaska’s Board. She Chairs the
 Credit Committee for the Council for Native
 American Farmers and Ranchers and serves
 on the Federal Home Loan Bank’s Advisory
 Council. Tawney is also actively involved
 with the South Dakota Native Homeownership Coalition (SDNHC), where she chairs
 the Physical Issues Committee and serves
 on the Executive and Veterans Committees.
 Under Ms. Brunsch’s leadership, Lakota
 Funds started the Lakota Federal Credit
 Union (LFCU), the first federally-insured
 financial institution on the Pine Ridge
 Reservation, which as of 2018 also offers
 checking accounts (250 people opened one
 
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 in the first two weeks). TLF has also developed an innovative partnership with Lakota
 Federal Credit Union and First Peoples Fund
 to take services to communities throughout
 the reservation with the Rolling Rez. Rolling
 Rez is a mobile unit which delivers financial
 literacy training, artist business development training, and financial services
 through Lakota Federal Credit Union and
 allows TLF to reach the most marginalized
 individuals in all 9 reservation districts.
 In 2017, TLF deployed over $1.1 million
 in loans, creating 105 jobs and starting or
 expanding 46 small businesses on the Pine
 Ridge Reservation. They helped prepare
 326 tax returns returning almost $900K in
 tax refunds to Tribal members. In fall 2015,
 TLF was the first Native CDFI approved as
 a USDA Farm Service Agency guaranteed
 lender. This allowed TLF to offer more
 financing solutions for reservation farmers
 and ranchers. TLF has also seen growing
 assets totaling over $6 million and in early
 2018, the organization was approved to
 participate in the first-ever Native Capital
 pool through Oweesta.
 Additionally, growing efforts to increase residential housing stock have led
 to increased demand for contractors and
 local inspectors on the reservation but the
 largest barrier is lack of a qualified workforce. In summer 2017, TLF partnered with
 SDNHC, Oglala Lakota College, and Four
 Bands Community Fund on the Cheyenne
 River Reservation in South Dakota to
 launch the Construction Internship Pilot.
 This innovative program delivered an
 intensive hands-on work experience to participants from the Cheyenne River and Pine
 Ridge Reservations. Twenty-three students
 from both Reservations participated in the
 program, in partnership with local contractors. Upon completion of the program, nine
 local students received offers of permanent
 employment. To further support contractor
 business development, TLF also provided
 two home inspector certification trainings
 
 and contractor workshops to build skills
 for the validation process required when
 building using HUD 184 funds. More than 70
 people attended the inspector certification
 trainings, several whom either obtained
 jobs or started their own home inspection
 business upon certification.
 “Tawney Brunsch is a true example of
 how hard work, dedication, collaboration,
 and innovation come together to best serve
 the community. Tawney’s persistent pursuit
 of doing better and creating more opportunities for her clients is what we all aspire
 to do in the Native CDFI industry and I feel
 so honored to have the chance to celebrate
 such a strong leader,” added Chrystel
 Cornelius, Oweesta Executive Director,
 First Nations Oweesta Corporation. “We are
 genuinely excited to honor the success of
 our award winners. And we appreciate OFN
 for recognizing the achievements of these
 recipients.”
 “Congratulations to this year’s wonderful
 Native Award winners. OFN values the opportunity to recognize Mazaska and Tawney
 for their amazing and dedicated work serving Native communities,” said Lisa Mensah,
 President and CEO of Opportunity Finance
 Network (OFN), a leading national network
 of CDFIs. "Each year, OFN is impressed by
 the positive economic impact of the Circle
 of Honor and Visionary Leader award
 recipients. And both of these remarkable
 honorees are at the forefront of positive
 change in their respective communities."
 The awards ceremony capped off the
 15th Annual Native Convening in conjunction with the 34th Annual OFN Conference
 where Native economic development
 practitioners and Tribal representatives
 from across the country joined hundreds of
 other opportunity finance experts to share
 and learn about new ideas, strategies for
 change, and innovations from the field.
 For more information on Mazaska Owecaso Otipi Financial, Inc., please visit their
 website at www.mazaskacdfi.org.
 
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 *
 
 *Some restrictions apply
 
 NOTICE
 The City of Vermillion restricts street excavations
 during the winter except for emergency repair work.
 Our experience has shown that excavations in the winter cannot be properly
 filled in due to the problems in compacting frozen dirt and the inability during
 winter weather to resurface the cut. With wet spring weather, this problem
 continues until surfacing is finally possible. The settling that occurs creates
 a hazard to the traveling public. Consequently, we have set deadlines for
 completion of work in progress and after which no excavations will be allowed
 unless an emergency exists.
 These deadlines are:
 • October 26th - For Cutting Asphalt or Concrete Streets
 • November 7th - For excavation on gravel streets
 • November 21st - For dirt streets or grass areas
 • Anytime when frost is over 4"
 Contractors must notify the 911 Communications Center at 605-677-7070
 whenever a street or alley is closed to traffic or reduced to one lane. As long
 as two lanes can be maintained at all times, the notification is not required,
 such as work within the parking lane. The Communications Center has routing
 software that indicates the best route for emergency response. When you call
 them with a street or alley closing, they can enter that information into the
 database and the software will determine a new best route for emergency
 response to avoid the construction. Once the street or alley is reopened,
 call them again so the database can be updated. It is your responsibility as
 contractors to notify them as soon as the street or alley is closed and again
 when it is reopened. Your cooperation may help save someone's life.
 
 H2462_113146_C IR 09/2018
 
 Home of Great Results
 since 1934
 201 W Cherry St. • Vermillion, SD • Phone: 624-4429 Fax: 624-2696 • BroadcasterOnline.com
 
 
    





 
                









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