ALEXANDRIA, Va. -- Piggybacking on the hearing on serving theunderserved (see page 1 to 34), NCUA issued a letter to creditunions (07-CU-04) explaining the ins and outs of applying for loansand technical assistance grants through the Community DevelopmentRevolving Loan Fund.
The agency, it said, did received $940,500 for 2007 in technicalassistance grants. To receive funds from the CDRLF, credit unionsmust be designated low-income according to NCUA's rules or theequivalent for state-chartered credit unions and concurrence fromNCUA.
This year's NCUA TAG initiatives include:
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