Our Work
ONAC supports tribes and Native-led nonprofits interested in establishing asset-building initiatives and programs in Native communities. ONAC also acts as a direct service provider and administers various asset building programs that benefit Native families in the U.S.
ONAC STRATEGIES
- Secure partners and gather resources (samples, models, and funding options)
- Share exciting Native asset-building innovations
- Create peer-learning opportunities
- Evaluate and document Native asset building programs
- As an intermediary funder, provide funding to tribes and Native-led nonprofits to support their efforts to administer asset building programs
- Administer national Native-led networks for Native Bank On ONAC and the national Native EITC/VITA Network to lift up the needs of Native Volunteer Income Tax Assistance programs and the need for safe and affordable bank accounts for tribal citizens
- Directly administer asset building programs such as financial coaching and down payment assistance; provide seed funding of Children's Savings Accounts, incentivized Bank On accounts, and family emergency savings accounts; offer emergency cash assistance during the pandemic; and provide outreach to Native families about claiming tax credits
- Provide nationally-available resource guides (such as a national resource guide for Native women entrepreneurs) and Native asset building research (such as lessons learned from emergency cash distribution during a pandemic)
