Bankowość i finanse · 20/03/2012

Community Development Revolving Loan Fund Access for Credit Unions

The National Credit Union Administration (NCUA) is issuing a Notice of Funding Opportunity (NOFO) to invite eligible credit unions to submit applications for participation in the Community Development Revolving Loan Fund (CDRLF) Loan Program, subject to funding availability. The CDRLF serves as a source of financial support, in the form of both loans and technical assistance grants, for credit unions serving predominantly low-income members. It also serves as a source of funding to help low-income designated credit unions (LICUs) respond to emergencies arising in their communities.