Community Development Revolving Loan Fund

• NCUA Approves New Charter for Internet Archive FCU in New Jersey

  By Heather Anderson  |  August 24, 2012

  Low-income designated credit union is the first new charter for 2012.

• Record Year Produces $1.4 Million in NCUA Technical Assistance Grants

  By Heather Anderson  |  August 15, 2012

  More than 100 small credit unions awarded grants from among 331 applicants seeking more than $5 million.

• Obama Backs Low-Income CU Move

  By Heather Anderson  |  August 12, 2012

  NCUA Chairman Debbie Matz attended an Aug. 7 meeting in the White House’s Roosevelt Room in which President Barack Obama announced that low-income designated credit union lending would be included in the administration’s latest drought-relief package.

• Hope CEO: Low-Income CU Benefits Worth the Effort

  By Heather Anderson  |  August 9, 2012

  Says serving low-income communities has its challenges, but the additional planning and attention to projections and risk management are worth the effort.

• NCUA Launches Low-Income Credit Union Blitz in MBL Boost

  By Marc Rapport  |  August 7, 2012

  Agency offers streamlined opt-in to 1,003 credit unions as part of White House drought relief package. Says move could double LICU lineup.

• 

  Matz Praises Low-Income Credit Union Loan Performance

  By Heather Anderson  |  June 15, 2012

  NCUA Board chair says low-income credit unions are growing stronger, lending more than other types of financial institutions.

• House Announces CFPB Mortgage Disclosure Hearing

  By Heather Anderson  |  June 12, 2012

  House panel to meet on June 20 and probe the Consumer Financial Protection Bureau’s mandate to combine residential mortgage disclosures.

• House Panel OKs Community Development Funds, CLF Borrowing Authority

  By Heather Anderson  |  June 7, 2012

  Appropriations Committee approves 2013 bill that maintains 2012 funding for Community Development Revolving Loan Fund, full CLF borrowing authority.

• NCUA Opens CDRLF Application Process

  By David Morrison  |  May 29, 2012

  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.

• NCUA Now Accepting CDRLF Grant and Loan Apps

  By Heather Anderson  |  May 22, 2012

  Community Development Revolving Loan Fund has $1.3 million available for grants and $11 million for lending ib 2012.