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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.

“This year, we are making $1.3 million available for grants and $11 million for lending. To help more credit unions access these funds, we have created a new video that highlights how the program works and the new, streamlined application process,” said NCUA Chairman Debbie Matz. 

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