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2024 CDRLF Grant Round

$50,000
Closed
Nationwide
Grant Description

The National Credit Union Administration (NCUA) is issuing this Notice of Funding Opportunity (NOFO) to announce the availability of technical assistance grants (awards) for low-income designated credit unions through the 2024 CDRLF Grant Round. The grant round opens on May 1, 2024. For more detailed information, please refer to the NOFO and the Additional information below. Please note that applications should not be submitted through grants.gov, so please be sure to review the NOFO for full application submission instructions.

Funding Details

Award Range

Not specified - $50,000

Total Program Funding

$3,465,000

Number of Awards

315

Matching Requirement

No

Eligibility

Eligible Applicants

Exclusive - see details

Additional Requirements

This NOFO is open to low-income-designated credit unions that meet the eligibility requirements defined in 12 C.F.R. Part 705. Non-Federally Insured Applicants: Each Applicant that is a non-federally insured, state-chartered credit union must submit additional application materials. These additional materials are more fully described in 12 C.F.R. ยง 705.7(b)(3) and in the application. a. Non-federally insured, state-chartered credit unions must agree to be examined by the NCUA. The specific terms and covenants pertaining to this condition will be provided in the award agreement of the Participating Credit Union.

Geographic Eligibility

All

Key Dates

Application Opens

April 2, 2024

Application Closes

July 1, 2024

Contact Information

Grantor

For questions related to the CDRLF, contact the NCUAs Office of Credit Union Resources and Expansion at 703-518-6610.

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Categories
Community Development