12 CFR 705.3: Eligibility requirements.
Where this section sits in the code
- Title 12—Banks and Banking
- CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION
- SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS
- PART 705—COMMUNITY DEVELOPMENT REVOLVING LOAN FUND ACCESS FOR CREDIT UNIONS
To be eligible to receive a CDRLF award, in the form of either a loan or a technical assistance grant, a Qualifying Credit Union must, within the timeframes specified in any Notice of Funding Opportunity:
(a) Complete and submit an Application; and
(b) Meet the underwriting standards established by NCUA, including those pertaining to financial viability, as set forth in the Application and any related materials developed by NCUA.
Collected 2026-08-27T02:24:16Z. Source file · JSON