{"data":{"id":"us/12-cfr-705.4","jurisdiction":"us","citation":"12 CFR 705.4","heading":"Permissible uses of loan funds.","body":"NCUA may make loans from the Fund to Participating Credit Unions for various uses. The following is a non-exhaustive list of permissible uses or projects:\n(a) Development of new products or services for members, including new or expanded share draft or credit card programs;\n(b) Partnership arrangements with community-based service organizations or government agencies;\n(c) Loan programs, including, but not limited to, microbusiness loans, payday loan alternatives, education loans, and real estate loans;\n(d) Acquisition, expansion, or improvement of office space or equipment, including branch facilities, ATMs, and electronic banking facilities; and\n(e) Operational programs such as security or disaster recovery.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-12.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:16Z","sha256":"c32f5a0fe0389174fcb148f4f3196c065de08395100f5b5e4c05873da8921359","source_id":"us-cfr","stale":true,"prev":"us/12-cfr-705.3","next":"us/12-cfr-705.5"},"notice":"GroundRules: Original legal text. Not legal advice."}