Apply Now for NCUA Streamlined CDFI Certification

The U.S. Treasury Department’s Community Development Financial Institutions Fund designates organizations that provide financial services to low-income communities and to people who lack access to financing and that meet certain criteria as Community Development Financial Institutions.

Credit unions certified as CDFIs are eligible to apply for awards through a variety of competitive programs administered by the CDFI Fund. There is no better time to become CDFI Certified with resources from CUNA Mutual Group and Inclusiv.

Don’t miss out on funds that can help your members and your community recover from the economic impacts of the pandemic

Would You Like to be a CDFI? There is no better time to become CDFI Certified 

• Apply Now for NCUA Streamlined Certification
• Any Low Income Designated Credit Union that is not already CDFI certified may apply.
• Must apply by April 3, 2021.
• NCUA determines eligibility through credit union data file uploaded to NCUA’s CyberGrants Portal. For more information about streamlined certification, visit NCUA.
• For more information and assistance with CDFI eligibility and certification, contact Inclusiv's Jules Epstein-Herbert, Director of Membership, jherbert@inclusiv.org.

Already CDFI Certified?
The CDFI Fund Rapid Response Program (RRP) has $1.25 billion in funds to award to CDFIs to deliver immediate assistance in communities impacted by the COVID-19 pandemic through a streamlined application and review process. The Financial Assistance (FA) and Technical Assistance (TA) grants have $188 million in funds to award to CDFIs to build financial capacity.

If your credit union is CDFI certified and interested in applying for RRP, FA, or TA grants, there are some key deadlines to keep in mind.

CUNA Mutual Group and Inclusiv Resources​

• Check out Inclusiv’s webinar from March 1st for more detailed information on the RRP.
• Register for Inclusiv's webinar on FA/TA grants on Monday, April 5 at 2pm EST.
• Register for Inclusiv’s free CDFI office hours, held every Wednesday at 3pm EST, with CUNA Mutual Group.
• Visit Inclusiv to learn more about resources for CDFIs.
• Visit Inclusiv for resources for credit unions looking to get CDFI certified, including a series of videos with CUNA Mutual Group on the value of CDFI certification.