Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CDFI applicants seek 9.8M through Native American program
WASHINGTON (7/21/09)--A total of 17 applicants from 11 states have applied for a combined $9.8 million in financial assistance through the 2009 supplemental round of the U.S. Treasury’s Native American Community Development Financial Institutions (CDFI) Fund. Two of the 17 institutions that requested funds are credit unions, according to a U.S. Treasury release. An equal number of banks, thrifts or holding companies also applied for funding. CDFI Fund Director Donna J. Gambrell awarded $8 million in financial aid and $3.6 million in technical assistance funds to CDFIs that serve the Native American, Alaska Native, and Native Hawaiian communities on July 1. A further $3.7 million in funds will be distributed to the highest rated applicants in a combined pool that includes those who applied in response to the amended Notice of Funds Availability (NOFA) and those who applied under the original FY 2009 NOFA but did not receive an award in the first funding announcement.


RSS print
News Now LiveWire
#creditunions emphasize co-op principles during National Co-op Month #NewsNow http://t.co/zEb9UFot1N
36 minutes ago
Servicemember's spouse drives away with Bank on More's SUV thanks to #missouri #creditunions http://t.co/WvTrKxh0sV
1 hours ago
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
2 hours ago
@TheNCUA open meeting is slated to start at 10 a.m. ET. Should be a quick one. #NewsNow http://t.co/rfYjnat7eI
3 hours ago
Mass. CUs in unanimous vote joined RI and NH CUs in approving merger of the 3 state leagues 2 form the Cooperative Credit Union Association.
3 hours ago