October 7, 2020
Oweesta Receives $5 Million Grant From Wells Fargo to Launch the Native American COVID-19 Disaster Recovery Fund
LONGMONT, Colo., October 7, 2020 /3BL Media/ – Oweesta Corporation (Oweesta) announced a $5 million grant from the Wells Open Business Fund, which will enable the Native Community Development Financial Institution (CDFI) intermediary to launch the Native American COVID-19 Disaster Recovery Fund. This $15 million fund is designed to provide Native CDFIs the long-term, low-cost capital necessary that they need to mobilize COVID-19 economic response and recovery efforts in their tribal communities.