NCUA: Community Development Grant Applicants Have Seven Days Left to File

Application Deadline is June 30; NCUA Reminds Applicants of New Requirement

ALEXANDRIA, Va. (June 23, 2016) – Eligible credit unions have seven days remaining to apply for Community Development Revolving Loan Fund grant assistance through the National Credit Union Administration, the agency said today.

The application deadline is June 30.

NCUA also reminds applicants of the new requirement to register with the federal government’s System for Award Management. Credit unions with questions about registering should contact the Federal Service Desk online or by telephone at 866-606-8220. There is no registration fee.

Credit unions may submit one application for all initiatives using NCUA’s CyberGrants Program. Each credit union may apply for more than one initiative; however, grant awards are subject to the availability of funds. Information on eligibility criteria and grant initiatives can be found online here.

Applicants with questions about the Community Development assistance grants may contact NCUA’s Office of Small Credit Union Initiatives at oscuiapps@ncua.gov.

NCUA’s Office of Small Credit Union Initiatives administers the Community Development Revolving Loan Fund grants. The office also fosters credit union development and the effective delivery of financial services for small credit unions, new credit unions, minority depository institutions and credit unions with a low-income designation.

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