Community Development Revolving Loan Fund Program for Credit Unions

National Credit Union Administration

The purpose of the Community Development Revolving Loan Fund (CDRLF) is to expand access of financial products and services, and increase diversity, equity, and economic inclusion to underserved communities. Through the CDRLF, the NCUA provides financial support in the form of loans and technical assistance grants to low-income designated credit unions (LICUs) serving predominantly low-income members to modernize, build capacity, extend outreach into underserved communities, and respond to eme

Jargon-free version

Helps low-income credit unions provide financial services to their members and communities. Supports their growth and ability to respond to emergencies.

Quick Facts

Funding
$500,000 - $3,500,000
Deadline
Rolling
Status
Rolling Intake
Category
Regional & Community Development
Organization
National Credit Union Administration

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What Is This Program?

The objective of the CDRLF is to support low-income designated credit unions in their efforts to: 1) Provide basic financial and related services to its members and their communities; 2) Enhance their capacity to better serve their members and the communities in which they operate; and 3) Respond to emergencies.

What Benefits Are Offered?

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How Do I Apply?

jkrantz@ncua.gov
(703)220-9487

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FAQFrequently Asked Questions

Visit the program page for detailed eligibility requirements.

This program offers funding up to $3,500,000 (minimum $500,000).

This program accepts applications on a rolling basis.

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