CDRLF Loan Program Offers Additional Opportunities
By NCUA —
Alexandria, VA (July 8, 2026) ― The National Credit Union Administration (NCUA) today announced that $13 million is available for loans to low-income-designated (LID) credit unions under the Community Development Revolving Loan Fund (CDRLF). Loans will be awarded for up to $500,000 at an interest rate of 1.5% per year up to five years.
NCUA accepts applications on an ongoing basis through the NCUA grant and loan management system. Loans can be used for:
A credit union must have the low-income designation to apply and maintain an active registration with the System for Award Management. There is no charge for this registration or recertification. SAM.gov users can register or recertify by following the instructions on the website.
Loan Application Guidelines posted on the NCUA’s Loans webpage. Interested credit unions also may contact the NCUA’s Office of Credit Union Resources and Expansion with any questions by emailing to CUREAPPS@ncua.gov.
The NCUA is the 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.
Originally reported by NCUA.