Reminder: 2024 CDRLF grant round application period ends July 1
More than $3.4 Million Available
ALEXANDRIA, VA (June 4, 2024) — Low-income-designated credit unions have until July 1 to apply for 2024 Community Development Revolving Loan Fund grants.
The agency will administer more than $3.4 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds. Eligibility and award categories information is available here, and credit unions with questions about the grants should contact the NCUA’s Office of Credit Union Resources and Expansion at CUREAPPS@ncua.gov.
A video explaining how to apply for a CDRLF grant is available on the NCUA’s YouTube Channel.
The 2024 CDRLF grant round is open to credit unions with a low-income designation. Minority depository institution credit unions are not eligible for funding in this year’s grant round if they do not have the low-income designation. Credit unions with questions about the low-income designation should contact the NCUA’s Office of Credit Union Resources and Expansion at dcamail@ncua.gov.
About National Credit Union Administration (NCUA)
The NCUA is the independent federal agency created by the U.S. Congress to regulate, charter and supervise federal credit unions. With the backing of the full faith and credit of the United States, the NCUA operates and manages the National Credit Union Share Insurance Fund, insuring the deposits of more than 135 million account holders in all federal credit unions and the overwhelming majority of state-chartered credit unions. The NCUA also protects consumers and educates the public on consumer protection and financial literacy issues.