Coronavirus information and resources
Technical Assistance Webinars
Oweesta is providing and continuum of COVID-19 webinar services to address the everchanging landscape in assessing and modifying our operations in light of this epidemic. If you have an idea for a future webinar that you would like to see us do, feel free to contact us and we will see about making it. If you’ve missed a previous webinar, recordings can be found here:
If you have an idea for a future webinar you’d like us to conduct, feel free to contact our office and we’ll do our best to incorporate the content into a webinar.
In addition to our core lending products, Oweesta has developed two new capital resources, a working capital loan and line of credit, for our Native CDFIs to access to enhance credit distribution during this time to serve your immediate tribal communities needs.
For more information about all the lending opportunities Oweesta has to offer, check out our Lending and Capitalization page.
U.S. Senate Committee on Small Business & Entrepreneurship
The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain nonprofits and other employers. This guide provides information about the major programs and initiatives that will soon be available from the Small Business Administration (SBA) to address these needs, as well as some additional tax provisions that are outside the scope of SBA.
For information on how the CARES Act will effect small business owners Click Here
Paycheck Protection Program
The Paycheck Protection Program is a loan designed to provide a direct incentive for small businesses to keep their workers on the payroll.
The Small Business Association will forgive loans if all employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
You can apply through any existing SBA 7(a) lender or through any federally insured depository institution, federally insured credit union, and Farm Credit System institution that is participating. Other regulated lenders will be available to make these loans once they are approved and enrolled in the program. You should consult with your local lender as to whether it is participating in the program.
For more information on how to apply, view this PDF.
Funding and Capital Opportunities
Congressional Native American Caucus
For Information on the Tribal priorities included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act and where the funds will be allocated Click Here
Native Americans in Philanthropy
In these times, Native American families look to trusted community organizations for support and resources. In turn, Native Americans in Philanthropy wants to generously support Native American nonprofits on the ground who are caring for our most vulnerable – especially those facing food insecurity, access to housing, and low-income elderly.
For more resources and information Native Americans in Philanthropy’s Coronavirus page.
National Indian Health Board
The National Indian Health Board is leading a national effort to advocate and secure resources for Tribes to respond to COVID-19. NIHB seeks to ensure that the Tribes remain informed on COVID 19, have the resources and assistance needed to respond to the pandemic, and that the Congress and Administration understand and address Tribal needs and priorities. NIHB also aims to create resources that will be informative and helpful to Tribes and Tribal members. NIHB believes that this coordinated national response is part of its sacred mission to serve the Tribes and help maintain the safety and well-being of Tribal citizens.
For more information, go to NIHB’s Coronavirus page.
Indigenous Pact’s newly launched Support Center delivers COVID-19 updates, insights, and best practices sourced from We Care Daily Clinics (WCDC), an IP-managed facility operating throughout the crisis in Seattle. You can even send us your questions and chat with our team for rapid-response solutions.
In addition, you can go behind-the-scenes with experts on the WCDC staff for support in mitigating COVID-19 and operating under crisis in the Live Response Center.
The Harvard Project on American Indian Economic Development
As the country responds to the coronavirus (COVID-19) pandemic, the task before tribal nations is complicated by many unknowns. The Harvard Project and Johns Hopkins Center for American Indian Health recognize the challenges you’re up against and we want to help.
For more information, visit the COVID-19 Resources Toolbox.
USDA Rural Development has taken a number of immediate actions to help rural residents, businesses and communities affected by the COVID-19 outbreak. Rural Development will keep our customers, partners, and stakeholders continuously updated as more actions are taken to better serve rural America.
Visit www.rd.usda.gov/coronavirus for information on Rural Development loan payment assistance, application deadline extensions, and more.
To read the full article put out by the USDA, Click Here.