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Creating a Fluid Process for Implementing the HEARTH Act By Paulina and Ross.

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Presentation on theme: "Creating a Fluid Process for Implementing the HEARTH Act By Paulina and Ross."— Presentation transcript:

1 Creating a Fluid Process for Implementing the HEARTH Act By Paulina and Ross

2 HEARTH Act -Helping Expedite and Advance Responsible Tribal Homeownership -Expand Economic Development in Indian territory by allowing tribes to control leasing of their tribal property -Incentivize establishing Business on our land -Create a reliable framework for bringing in these businesses

3 Goals Efficient and Streamlined Flexible and Dynamic Preventive and Forward-thinking Reach a desirable and beneficial outcome for all parties Stimulate Economic growth and development

4 Proposed Framework Real Estate Economic Development Financial Community Development Corporation Environment and Engineering Lease Formation Initial Business Proposal Executive Branch Environmental Review Available Loans for Businesses Contract Signed and Approved Legislature Executive Branch    Tribal Attorneys 

5 Economic Development Actively seek new businesses to bring in using the HEARTH Act Review potential lessees for economic viability and potential Review of any modifications of alterations to potential land usage

6 Environmental Review All potential leasing lands reviewed after they are acquired Work to bring sustainable energy to industrial leasing sites Environmental Impact review for potential lessees Final review of lease to ensure environmental standards are met

7 Real Estate Acquire lands to be leased Appraise rental values Draft sample leases A rapid expansion of applicants would require additional manpower dedicated to review

8 Tribal Attorneys Complete Final lease Hold to legal terms, with respect to our sovereignty Enforce Lease

9 CDC/ Bank If the entrepreneur is a qualifying tribal member, immediately seek funding through the CDC If funded through a Bank, offer preference when using FNB (reduced rates/incentives) Important to communicate with the Dept. of Real Estate to ensure proper financial backing

10 Executive Branch Submit initial proposal to Chairman, after it has been vetted by the Dept. of Economics Review Applicants at the end of the process, prior to submission to the legislature Offer any changes of alterations of terms to Economics and Real Estate

11 Legislature Approve final funding of a project, before being passed on to Real Estate and the tribal lawyers Pass the final resolution

12 Proposed Framework Real Estate Economic Development Financial Community Development Corporation Environment and Engineering Lease Formation Initial Business Proposal Executive Branch Environmental Review Available Loans for Businesses Contract Signed and Approved Legislature Executive Branch    Tribal Attorneys 

13 Future Considerations Create Departmental Checklist Meetings on a monthly Basis Shared online platform to see the same documents Ratings along with Economic Viability Statements Charge Companies for Environmental Review Position for consolidating information- Information Specialist Additional Manpower


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