Loans/Grants
Community Development Revolving Loan Fund
The National Credit Union Administration’s Community Development Revolving Loan Fund (CDRLF) was established by Congress to support credit unions that serve low-income members and communities by making loans and Technical Assistance Grants (TAGs) available to eligible credit unions. The Office of Small Credit Union Initiatives (the Office) is responsible for administering the CDRLF. An eligible credit union is one that is: a) federally-chartered and designated as a “low-income” credit union (LICU) as set forth in Section 701.34 of NCUA’s Rules and Regulations; or b) state-chartered with an equivalent low-income designation from its respective state supervisory authority (SSA) and concurrence from NCUA.
CDRLF Loans - Application Open: 10/13/08; Closes 11/24/08
CDRLF loans provide low-cost funds to credit unions in support of a variety of financial and related services designed to meet the particular needs of the members and low-income community served. For additional information about CDRLF loans click on a link below.
Technical Assistance Grants
Technical assistance grants (TAGs) are monetary awards provided to assist qualified applicants. There are several funding initiatives under the TAG program. For additional information about TAGs click on a link below.
- General Guidelines for Technical Assistance Grants (PDF)
- Click on a link below to access the application for a particular TAG initiative.
- Building Internal Capacity/Building Technology - Closed
- Enhancing Member Services - Closed (PDF or MS Word)
- Staff, Official and Board Member Training - Closed
- Student Internship - Closed
- Volunteer Income Tax Assistance - Closed
- Urgent Needs Grant - Open - (PDF or MS Word)
- Monthly reports of CDRLF activities
Additional Resources
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