Search
 

NCUF seeks federal funding for homeownership programs

MADISON, Wis. - The National Credit Union Foundation is preparing to file applications for two programs that will allow leagues and credit unions to obtain federal funding, through NCUF, to support credit union programs in homeownership counseling and increased access to affordable financial services. By applying to become a certified...

By Staff Writer | Updated on February 26, 2002

<p>MADISON, Wis. – The National Credit Union Foundation is preparing to file applications for two programs that will allow leagues and credit unions to obtain federal funding, through NCUF, to support credit union programs in homeownership counseling and increased access to affordable financial services. By applying to become a certified homeownership counseling national intermediary through the U.S. Department of Housing and Urban Development’s (HUD) Homeownership Counseling Program, NCUF will be eligible to compete for federal funds for CU homeownership counseling programs. NCUF is also preparing an application for up to $2 million in funding through the U.S. Treasury Departments First Accounts program that provides financial incentives to depository institutions and CUs to expand financial services to low and moderate-income consumers who currently to not have access to financial services. NCUF is seeking immediate input from leagues and credit unions on both initiatives by March 5. Gary Officer, NCUF executive director, said the federal funding initiatives represent an extraordinary opportunity to leverage public support for the very important work credit unions are performing in their communities.</p>

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.