What We Do

Our resources assist tribes in recovering, consolidating and increasing their land bases and developing strategies to manage their lands.

Benefits to Tribes:

Control and flexibility
Because ILCC is a community development financial institution (CDFI) it can allow tribes the control and flexibility to acquire and manage land to best meet their strategic objectives. Debt service of a particular loan is not matched with revenues of a specific parcel of land, and tribes can determine, on their own, the composition of their debt service.

Customized financing
ILCC recognizes that each tribe’s financial situation is unique, and can help create a portfolio to generate sufficient revenue to cover the cost of financing and meet the tribe’s goals for economic development, recovery of tribal land and cultural vitality. That can include a line of credit and pre-approved financing.

More efficient transactions
ILCC does not require land to be used as collateral. By not having to put a lien on purchased property, the tribe can more quickly start the process of putting the land into trust. By lending in this manner, ILCC can help save a tribe on costly legal fees and, in many cases, help save time in securing authorizations required to mortgage land, whether it is in fee or trust status.

For details, see our Products and Services

In addition, ILCC can:

• Secure a loan with various revenue sources or base the loan upon the financial strength of the tribe
• Use its financing to leverage other financing by taking a second position in a loan participation
• Refinance an existing loan whether it’s a bank loan or a government loan
• Help tribes to pay for lands bought by the BIA under the Indian Land Consolidation Act because it’s not necessary to put a lien on the land
• Make subsequent loans more quickly and easily once a tribe has a track record with ILCC

Planning is part of the process
When a tribe has developed a land use and management strategy, ILCC can continue to finance purchases of fee lands or trust lands.