Agency earmarks funds to support staff and volunteer training and internship assistance.
The NCUA announced that low-income designated credit union could begin applying last week for grants and low-rate loans. The NCUA also posted a new YouTube video about the Community Development Revolving Loan Fund application process.
Community Development Revolving Loan Fund has $1.3 million available for grants and $11 million for lending ib 2012.
Previous limit of $300,000 can now be exceeded "in certain circumstances."
NCUA's Community Development Revolving Loan Fund feels the axe in panel cuts; measure now goes to full House.
The House Appropriations Committee today is considering a spending bill that would cut the NCUA’s Community Development Revolving Loan Fund by 75% and 19% from the Treasury Department’s Community Development Financial Institutions Fund.
Funds for multiple purposes available to low-income credit unions through CDRLF.