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Unified Agenda 3133-AD91

Community Development Revolving Loan Fund

Summary

NCUA proposed to change its rule governing the process by which the agency solicits, receives, evaluates and acts on applications seeking loans or technical assistance grants from the Community Development Revolving Loan Fund (CDRLF or Fund). The changes update the current rule and are intended to improve its organization, structure, and ease of use by credit unions. The revisions do not reflect a change to the fundamental mission of the CDRLF, but instead remove unnecessary detail and outdated processes in the current rule while adding clarification and flexibility. The proposal also expands the detail relating to the application process and revises the requirements in the rule addressing reporting and monitoring.

Timeline

3 actions from May 25th, 2011 to December 2011

  • May 25th, 2011
  • July 25th, 2011
    • NPRM Comment Period End
  • December 2011
    • Final Action

Contacts

  • Pamela Yu
    Staff Attorney
    Phone 703 518-6540
    Fax 703 518-6569
    Email:
    1775 Duke Street,
    Alexandria VA 22314

Federal Register Activity

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