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Chart showing the CDRLF appropriations and grands awarded between 2010 and 2020. Chart from the NCUA’s report to Congress on the CDRLF in 2020.

The NCUA released a new report on Tuesday to show the positive impact the Community Development Revolving Loan Fund (CDRLF) has had on low-income credit unions, its members and communities across the U.S. in 2020.

The report was an attempt by NCUA Chairman Todd Harper to convince members of Congress to have an open dialogue with him about increasing the amount of the CDRLF appropriations in 2022.

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Michael Ogden

Editor-in-Chief for CU Times.

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