Community Development Revolving Loan Fund
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revisions do not reflect a change to the fundamental mission of the CDRLF, but instead remove unnecessary detail and outdated processes in the current rule while adding clarification and flexibility.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.
3 actions from May 25th, 2011 to December 2011
May 25th, 2011
July 25th, 2011
- NPRM Comment Period End
- Final Action
Pamela YuStaff AttorneyPhone 703 518-6540Fax 703 518-6569Email: firstname.lastname@example.org Duke Street,Alexandria VA 22314