2021 CDRLF Grant Round Closes June 26

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Low-income-designated credit unions seeking Community Development Revolving Loan Fund (CDRLF) grants, including minority depository institution (MDI)mentoring grants, have until June 26 to submit their applications.

The agency will administer approximately $1.5 million in CDRLF grants to the most-qualified applicants, subject to the availability of funds, in three categories:

  • Underserved Outreach (maximum award of $50,000);
  • Minority Depository Institution Mentoring (maximum award of $25,000); and
  • Digital Services and Cybersecurity (maximum award of $7,000).

Grant requirements, application instructions, and other important information are available on the grants program page of NCUA.gov. Credit unions will use the National Credit Union Administration’s (NCUA) cybergrants portal to submit their applications.

In addition to being a low-income-designated institution, a credit union must have an active account with the federal government’s System for Award Management, a Data Universal Number System number, and a Commercial and Government Entity number to be eligible for the program.

Complete your 2021 CDRLF grant application here.

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