Opportunity Information: Apply for NCUA6056
Apply for NCUA6056
- The National Credit Union Administration in the community development sector is offering a public funding opportunity titled "Building Internal Capacity/Building Technology" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 44.002 Community Development Revolving Loan Fund Program for Credit Unions.
- This funding opportunity was created on May 3, 2010 and posted on May 3, 2010.
- Applicants must submit their applications by May 28, 2010 Applications must be received by 5pm Eastern on Friday May 28, 2010. Awards announced August 6, 2010.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $250,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $5,000.00 in funding.
- The number of recipients for this funding is limited to 50 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- CREDIT UNIONS ONLY. Credit unions with a low income designation may apply. This grant is NOT available to individuals, businesses, or not for profits. Only credit unions that have received a low income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible.
[Watch] Creating a grant proposal using the step-by-step wizard inside the applicant portal:
Opportunity Summary:
The Building Internal Capacity/Building Technology grant opportunity (Funding Opportunity Number NCUA6056) is a discretionary grant program run by the National Credit Union Administration (NCUA) under the Community Development activity category. Its core purpose is to provide targeted funding that helps eligible credit unions strengthen their internal operations and overall financial condition so they can deliver better, more reliable services to their members. The opportunity is structured around two closely related tracks: "Building Capacity" and "Building Technology." Together, these tracks are meant to support practical, operational improvements that make a credit union more effective, stable, and member-focused.
Under the Building Capacity portion, grant funds can be used for projects that improve a credit union's operations or financial condition, but specifically exclude technology initiatives. In other words, this portion is aimed at non-technology operational improvements that can make the institution run better, manage risk more effectively, or enhance its ability to serve members. The Building Technology portion, by contrast, is designed for technology-related purchases that improve operational performance and member service. This can include acquiring technology items that modernize systems, streamline internal workflows, and support better delivery of products and services, as long as the technology is directly tied to improving credit union operations and member outcomes.
Eligibility is narrowly defined. Only credit unions may apply, and only those with an official low-income designation are eligible. That designation must come from the NCUA or from a state supervisory authority with NCUA concurrence. The program is not open to individuals, businesses, or nonprofit organizations. This focus reflects the program's connection to community development objectives and the intent to strengthen credit unions serving low-income communities.
From a funding standpoint, the opportunity anticipated making about 50 awards, with an estimated total funding amount of $250,000. Individual award amounts were capped at $5,000 (award ceiling), and there was no stated minimum award amount (award floor listed as $0). There is no cost-sharing or matching requirement, meaning applicants are not required to contribute matching funds as a condition of receiving the grant, which lowers the barrier to participation for smaller or resource-constrained institutions.
Key dates for the opportunity were clearly specified. The announcement was posted on May 3, 2010, with applications due by 5:00 p.m. Eastern Time on Friday, May 28, 2010. Award announcements were scheduled for August 6, 2010. The opportunity was later archived on December 31, 2010. The relevant CFDA number associated with this program is 44.002, titled the Community Development Revolving Loan Fund Program for Credit Unions, which signals the broader federal assistance framework supporting credit union development in underserved areas.
Applicants seeking more details were directed to an NCUA resource page (http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx). For access issues or assistance with the full announcement, the listed point of contact was Adrienne Grierson, Grant Administrator, reachable by phone at 703-518-6612 or by email at oscuiapps@ncua.gov.
Building Internal Capacity/Building Technology Grant (NCUA6056) FAQs
What is the Building Internal Capacity/Building Technology grant (NCUA6056)?
The Building Internal Capacity/Building Technology grant (Funding Opportunity Number NCUA6056) is a discretionary grant program run by the National Credit Union Administration (NCUA) under the Community Development activity category. It provides targeted funding to help eligible credit unions strengthen internal operations and improve their overall financial condition so they can deliver better, more reliable services to members.
What are the two tracks in this funding opportunity?
The opportunity includes two related tracks: (1) Building Capacity and (2) Building Technology. Both tracks support practical operational improvements that are intended to make a credit union more effective, stable, and member-focused.
What is the purpose of the Building Capacity track?
The Building Capacity portion supports projects that improve a credit union's operations or financial condition, specifically excluding technology initiatives. It is intended for non-technology operational improvements that help the institution run better, manage risk more effectively, or enhance its ability to serve members.
What is the purpose of the Building Technology track?
The Building Technology portion supports technology-related purchases that improve operational performance and member service. This can include acquiring technology items that modernize systems, streamline internal workflows, and support improved delivery of products and services, as long as the technology is directly tied to improving credit union operations and member outcomes.
Can technology initiatives be funded under the Building Capacity portion?
No. The Building Capacity track is for non-technology operational improvements and specifically excludes technology initiatives.
Who is eligible to apply?
Only credit unions may apply, and only those with an official low-income designation are eligible.
What low-income designation is required for eligibility?
The applicant must have an official low-income designation from the NCUA, or from a state supervisory authority with NCUA concurrence.
Are individuals, businesses, or nonprofit organizations eligible to apply?
No. The program is not open to individuals, businesses, or nonprofit organizations. Eligibility is limited to low-income designated credit unions.
How many awards were anticipated?
The opportunity anticipated making about 50 awards.
What was the estimated total funding amount for the program?
The estimated total funding amount was $250,000.
What was the maximum (ceiling) award amount?
Individual award amounts were capped at $5,000.
Was there a minimum (floor) award amount?
No minimum award amount was stated. The award floor was listed as $0.
Is matching funding or cost sharing required?
No. There is no cost-sharing or matching requirement. Applicants are not required to contribute matching funds as a condition of receiving the grant.
When was the opportunity posted?
The announcement was posted on May 3, 2010.
What was the application deadline?
Applications were due by 5:00 p.m. Eastern Time on Friday, May 28, 2010.
When were award announcements scheduled?
Award announcements were scheduled for August 6, 2010.
When was the opportunity archived?
The opportunity was archived on December 31, 2010.
What CFDA number is associated with this program?
The relevant CFDA number is 44.002, titled the Community Development Revolving Loan Fund Program for Credit Unions.
Where can applicants find more information about the opportunity?
Applicants were directed to the NCUA resource page at http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx.
Who is the point of contact for access issues or assistance with the full announcement?
The listed point of contact was Adrienne Grierson, Grant Administrator.
How can the point of contact be reached?
Adrienne Grierson could be reached by phone at 703-518-6612 or by email at oscuiapps@ncua.gov.
Browse more opportunities from the same agency: National Credit Union Administration
Browse more opportunities from the same category: Community Development
Next opportunity: Financial Education
Previous opportunity: Partnerships and Outreach
USGrants.org Applicant Portal:
Are you interested in learning about about how to apply for this government funding opportunity? You can create a free applicant account and receive instant access to our applicant portal that many business owners like you have benefited from.
Apply for NCUA6056
[Watch] how do funding administrators access proposals?
Applicants also applied for:
Applicants who have applied for this opportunity (NCUA6056) also looked into and applied for these:
| Funding Opportunity |
|---|
| Financial Education Apply for NCUA6060 Funding Number: NCUA6060 Agency: National Credit Union Administration Category: Community Development Funding Amount: $15,000 |
| Trail Management Plan Implemenation Apply for L10AS00095 Funding Number: L10AS00095 Agency: Bureau of Land Management Category: Community Development Funding Amount: $477,000 |
| Financial Education and Counseling Pilot Program 2010 Apply for CDFI 2010 FEC Funding Number: CDFI 2010 FEC Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $3,150,000 |
| Cemetery Apply for VA GRANTS 06302011 001 Funding Number: VA GRANTS 06302011 001 Agency: VA National Cemetery Administration Category: Community Development Funding Amount: $46,000,000 |
| Promoting Youth Civic Engagement (PYCE) Apply for 279 10 031 Funding Number: 279 10 031 Agency: Egypt USAID Cairo Category: Community Development Funding Amount: Case Dependent |
| Rosie the Riveter Youth Partnership Program Apply for NPS NOIRORI100021 Funding Number: NPS NOIRORI100021 Agency: National Park Service Category: Community Development Funding Amount: $30,000 |
| Azerbaijan New Media Project Apply for RFA 112 10 000002 Funding Number: RFA 112 10 000002 Agency: Georgia USAID Tbilisi Category: Community Development Funding Amount: $4,000,000 |
| North Caucasus NGO Public Advocacy Project Apply for USAID RUSSIA DI 10 0006 RFA Funding Number: USAID RUSSIA DI 10 0006 RFA Agency: Russia USAID Moscow Category: Community Development Funding Amount: $3,800,000 |
| A HOME AWAY FROM HOMELESSNESS Apply for NPS NOI H8142100509 Funding Number: NPS NOI H8142100509 Agency: National Park Service Category: Community Development Funding Amount: Case Dependent |
| Valley Forge NHP strengthening community stewardship Apply for NPS 10 NERO 0046 Funding Number: NPS 10 NERO 0046 Agency: National Park Service Category: Community Development Funding Amount: $30,000 |
| FY 2011 CDFI Program Financial Assistance Technical Assistance Awards Apply for CDFI 2011 FATA Funding Number: CDFI 2011 FATA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $2,000,000 |
| Supporting Civic Activism and Advocacy in the Middle East and North Africa Apply for NEAPI 10 AW 028 MENA 101810 Funding Number: NEAPI 10 AW 028 MENA 101810 Agency: Middle East Partnership Initiative Category: Community Development Funding Amount: $1,250,000 |
| Egyptian Civil Society Reform Initiatives Apply for NEAPI 10 AW 030 MENA 102010 Funding Number: NEAPI 10 AW 030 MENA 102010 Agency: Middle East Partnership Initiative Category: Community Development Funding Amount: $200,000 |
| FY 2011 Native American CDFI Assistance Program Apply for CDFI 2011 NACA Funding Number: CDFI 2011 NACA Agency: Community Development Financial Institutions Category: Community Development Funding Amount: $750,000 |
| Capacity Building for Community Development and Affordable Housing Grants Apply for FR 5415 N 36 Funding Number: FR 5415 N 36 Agency: Department of Housing and Urban Development Category: Community Development Funding Amount: Case Dependent |
| Vancouver National Historic Reserve Group Tour Program Apply for NPS NOI FOVA FY11 J9430110001 Funding Number: NPS NOI FOVA FY11 J9430110001 Agency: National Park Service Category: Community Development Funding Amount: $75,000 |
| Womens Peace Campaign Project Apply for AID 623 11 000001 00 Funding Number: AID 623 11 000001 00 Agency: Kenya USAID Nairobi Category: Community Development Funding Amount: $1,700,000 |
| PDCM Synopsis 01 Apply for PDCM SYNOPSIS 01 Funding Number: PDCM SYNOPSIS 01 Agency: IVV Test Agency Category: Community Development Funding Amount: Case Dependent |
| Establishment of Groundwork Portland Apply for NPS NOI WASO 11 0001 Funding Number: NPS NOI WASO 11 0001 Agency: National Park Service Category: Community Development Funding Amount: Case Dependent |
| Afro Colombian and Indigenous Program (ACIP) Apply for RFA 514 11 000001 Funding Number: RFA 514 11 000001 Agency: Colombia USAID Bogota Category: Community Development Funding Amount: $61,400,000 |
Grant application guides and resources
It is always free to apply for government grants. However the process may be very complex depending on the funding opportunity you are applying for. Let us help you!
Apply for Grants
Premium leads for funding administrators, grant writers, and loan issuers
Thousands of people visit our website for their funding needs every day. When a user creates a grant proposal and files for submission, we pass the information on to funding administrators, grant writers, and government loan issuers.
If you manage government grant programs, provide grant writing services, or issue personal or government loans, we can help you reach your audience.
Subscribe to Leads
Request more information:
Would you like to learn more about this funding opportunity, similar opportunities to "NCUA6056", eligibility, application service, and/or application tips? Submit an inquiry below:
Don't forget to subscribe to our grant alerts mailing list to receive weekly alerts on new and updated grant funding opportunities like this one in your email.