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Federal regulations · Through 2026-08-25 · Newer source version available

12 CFR 705.3: Eligibility requirements.

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Where this section sits in the code
  1. Title 12—Banks and Banking
  2. CHAPTER VII—NATIONAL CREDIT UNION ADMINISTRATION
  3. SUBCHAPTER A—REGULATIONS AFFECTING CREDIT UNIONS
  4. 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

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