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NCUA Awards $3.47 Million Through Expanded CDRLF Grants

By CU Today Staff —

ALEXANDRIA, Va.--NCUA has awarded $3.47 million in Community Development Revolving Loan Fund grants to 97 low-income designated credit unions, the agency announced Monday.

NCUA awarded grants ranging from $1,800 to $100,000 to credit unions in 36 states and Puerto Rico. Seventy-nine awardees were small credit unions, and 18 were first-time applicants. NCUA made awards in six categories:

Information about CDRLF grants and a complete list of awardees are available on NCUA’s website.

Originally reported by CU Today.