Annette Hamilton joins Travois New Markets advisory board

Travois New Markets has welcomed Annette Hamilton, a member of the Kickapoo Tribe of Kansas and vice president and chief operating officer of Ho-Chunk, Inc., to its advisory board. Hamilton oversees the daily operations of the subsidiary companies of Ho-Chunk, Inc., a tribally owned development corporation of the Winnebago Tribe of Nebraska.

“We are really pleased to welcome Annette Hamilton to our advisory board,” said Phil Glynn, Travois president. “Her business and economic development experience will help guide Travois New Markets as it decides where to direct private investments throughout Indian Country.”

Hamilton serves as president of the Native American Contractors Association and advocates for Native American participation in federal contracting programs. She also serves on the board of the Federal Reserve Bank of Kansas City and MercyOne Siouxland Medical Center.

As a CDE, Travois New Markets’ primary mission is to serve low-income communities, and the advisory board members ensure it stays focused on that mission.

“I have been working in the economic development industry for nearly 20 years,” Hamilton said. “I’m eager to share my experience and knowledge to help guide Travois New Markets as it decides where to direct private investments that create jobs and much-needed services to Native communities.”

Hamilton joins four other long-serving members who represent diverse American Indian, Alaska Native and Native Hawaiian communities and who guide Travois New Markets as it decides where to direct private investments: Gabe Galanda (Round Valley), attorney and founding partner of Galanda Broadman; Lance Morgan (Winnebago), president and CEO of Ho-Chunk Inc.; Laurel Vermillion, Ph.D. (Standing Rock Sioux), president of Sitting Bull College; and Jason Evans (Inupiaq Eskimo), founder of Financial Alaska. Read more about Annette Hamilton and other advisory board members here.

About the New Markets Tax Credit program

The New Markets Tax Credit program is administered by the Community Development Financial Institutions Fund (CDFI Fund) of the U.S. Department of the Treasury. Enacted by Congress in 2000, the program encourages the investment of private equity capital into low-income communities and, in exchange, allows investors to receive federal tax credits equaling 39 percent of the investment over a seven-year period. These investments are made to spur community and economic revitalization. The NMTC statue requires that investments be located in census tracts where the individual poverty rate is at least 20 percent or where median family income does not exceed 80 percent of the area median. Since its establishment 25 years ago, the CDFI Fund has provided $57.5 billion in tax credits through the New Market Tax Credit Program that has been invested in some of the nation’s most underserved communities. For more information, visit cdfifund.gov.

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