Proposed Regulations for Indian Financing Act of 1974
- Identifier:
- CAC_CC_009_1_36_18_0006
- Contributing Institution:
- Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
- Title:
- Proposed Regulations for Indian Financing Act of 1974
- Date Created:
- 1974-08-14
- EDTF:
- 1974-08-14
- Creator:
- unknown
- Rights:
- http://rightsstatements.org/vocab/NKC/1.0/
- Language:
- eng
- Record Type:
- correspondence
- Collection:
- John N. "Happy" Camp Collection
- Collection Finding Aid:
- https://arc.libraryhost.com/repositories/3/resources/261
- Description:
- The Department of the Interior's Bureau of Indian Affairs is seeking full funding of $80 million for the Indian Financing Act of 1974, which consolidates existing Indian revolving loan funds and creates a new Indian Loan Guaranty and Insurance Fund. The Act also establishes the Indian Business Development program to provide equity capital through nonreimbursable grants to Indian-owned economic enterprises. Proposed regulations for the Act are being published, and comments can be submitted within 30 days. Loans will only be made when there is a reasonable chance of payment, and grants will only be given if they contribute to the economy of a reservation.
- Policy Area:
- Native Americans
- Topic:
- Indians of North America--United States
- Congress:
- 93rd (1973-1975)
- Physical Location:
- CAC_CC_9_1_0000, Box 36, Folder 18, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
- Location Represented:
- Oklahoma (state), United States (nation)
- Type:
- Text
- Extent:
- 2 Pages
