Conclusion
The Lakota people have a resilient culture with
vibrant civil ins utions, but the basic economic deprivation
of their environment continues to stifle economic
development efforts. The housing situation on the
Pine Ridge reservation remains problematic, with an
abundance of substandard, overcrowded homes and a
shortage of access to affordable credit. Several HUD and
USDA Rural Development housing programs are being
implemented, with positive results, through intermediary
nonprofit organizations. Access to these programs must
be expanded, however, to meet the reservation’s needs.
The increased presence of private sector lending
ins utions on the reservation in recent years is encouraging
and necessary. Unfortunately, it appears that there
has also been a related increase in the overall incidence
of predatory lending practices. Federal housing agencies,
the Oglala Lakota tribe, and the tribally chartered
nonprofits must guard against the possible financial
victimization of vulnerable tribal borrowers by some
for-profit lenders.
The poverty on the Pine Ridge reservation, and its
population’s subsequent high dependency on public
assistance, are emblematic of a dire absence of economic
opportunity. Despite the unforgiving economic
conditions that define their contemporary environment,
the Oglala Lakota are working to create solutions to
their own problems.