About Us

Hoopa Development Fund is comprised of two divisions; The Credit Division and the EDA Loan Fund Division. We are a certified CDFI Lending Institution and are a last resort lender. Therefore, criteria for loan approval through Hoopa Development Fund differs from conservative lending institutions.

The Credit Division

The Credit Division lends to Hoopa Tribal Members who meet the criteria set forth in our Policies & Procedures. The loans funded through this division are individual loans. The Hoopa Development Fund Committee reviews applications to determine eligibility, and has approval authority for lending. 

Credit Staff

Lavae McCovey:       Director 

Valerie Harvey:         Administrative Officer

Sharissa Sergeys:       Loan Processor

To be Filled:              General Office Clerk

The EDA Division

The EDA Loan Fund Division lends to Community Members of the Hoopa Valley Indian Reservation for businesses located on the Hoopa Valley Indian Reservation. Lending approval depends heavily on submitted business plans, available collateral, and business type. The Hoopa Development Fund Committee reviews applications to determine eligibility, and has approval authority for lending. 

EDA Staff

Lavae McCovey:    Director

To be filled: EDA Loan Officer

The Hoopa Development Fund Committee

The HDF Committee regularly meets for loan approvals on the first Tuesday of each month. Special Loan Meetings may be called in the event of an urgent matters or there are enough loans to warrant them.

Darcy Padilla, Vice Chairperson

Marlla White, Member

Jody Jackson, Member

Lila Hodge, Member

Phone: (530) 625-5565

Fax: (530) 625-5181

Location:

12473 State Highway 96

Hoopa, CA 95546

Mailing Address:

P.O. Box 1307 -Credit

P.O. Box 1026 - EDA

Hoopa, CA 95546

Hours:

Mon - Fri: 8:00 AM - 5:00 PM

Sat & Sun: Closed