50560 Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices 

Estimated Total Annual Burden 

Hours: 580. 

Total Estimated Annual Other Cost 

Burden: $41,384. 

Authority: 44 U.S.C. 3506(c)(2)(A). 

Anjanette Suggs, 

Agency Clearance Officer. 

[FR Doc. 2021–19429 Filed 9–8–21; 8:45 am] 

BILLING CODE 4510–CH–P 

NATIONAL CREDIT UNION 

ADMINISTRATION 

Community Development Revolving 

Loan Fund Access for Credit Unions; 

Funding Opportunity 

Funding Opportunity Title: 

Community Development Revolving 

Loan Fund (CDRLF) Grants. 

Catalog of Federal Domestic 

Assistance (CFDA) Number: 44.002 

The National Credit Union 

Administration (NCUA) is issuing this 

Notice of Funding Opportunity (NOFO) 

to announce the availability of technical 

assistance grants (awards) for lowincome designated credit unions 

(LICUs) through the CDRLF. The CDRLF 

serves as a source of financial support 

in the form of loans and technical 

assistance grants that better enable 

LICUs to support the communities in 

which they operate. All grant awards 

made under this NOFO are subject to 

funds availability and are at the NCUA’s 

discretion. 

Table of Contents 

A. Program Description 

B. Award Information 

C. Eligibility Information 

D. Application and Submission Information 

E. Application Review Information 

F. Federal Award Administration 

G. Federal Awarding Agency 

H. Grant Terms and Conditions 

A. Program Description 

The purpose of the CDRLF is to 

expand access of financial products and 

services, and increase diversity, equity, 

and economic inclusion to underserved 

communities. Through the CDRLF, the 

NCUA provides financial support in the 

form of technical assistance grants to 

LICUs serving predominantly lowincome members to modernize, build 

capacity and extend outreach into 

underserved communities. 

The NCUA will consider requests for 

various funding initiatives. More 

detailed information about the purpose 

of each initiative, amount of funds 

available, funding priorities, permissible 

uses of funds, funding limits, deadlines 

and other pertinent details will be 

defined in the grant round guidelines. In 

addition, the NCUA may periodically 

publish information regarding the 

CDRLF in Letters to Credit Unions, 

press releases, and/or on the NCUA 

website. 

1. Funding Initiatives 

The Minority Depository Institution 

(MDI) Mentoring initiative will be 

available during the fall 2021. 

2. Authority and Regulations 

i. Authority: 12 U.S.C. 1772c–1, 1756, 

1757(5)(D), and (7)(I), 1766, 1782, 1784, 

1785 and 1786; 

ii. Regulations: The regulation 

governing the CDRLF is found at 12 CFR 

part 705. In general, this regulation is 

used by the NCUA to govern the CDRLF 

and set forth the program requirements. 

Additional regulations related to the 

low-income designation are found at 12 

CFR parts 701.34 and 741.204. For the 

purposes of this NOFO, an ‘‘Applicant’’ 

is a Participating Credit Union that 

submits a complete application to the 

NCUA under the CDRLF. The NCUA 

encourages Applicants to review the 

regulations, this NOFO, the grant round 

guidelines, and other program materials 

for a complete understanding of the 

program. 

B. Award Information 

Approximately $100,000 in awards 

will be available through this NOFO. 

The NCUA reserves the right to: (i) 

Award more or less than the amounts 

cited above; (ii) fund, in whole or in 

part, any, all, or none of the applications 

submitted in response to this NOFO; 

and (iii) reallocate funds from the 

amount that is anticipated to be 

available under this NOFO to other 

programs, particularly if the NCUA 

determines that the number of awards 

made under this NOFO is fewer than 

projected. General information about the 

purpose of each funding initiative and 

the maximum award amount is 

provided below. 

1. Purpose of Funding Initiatives 

i. MDI Mentoring: The purpose of the 

MDI Mentoring initiative is to encourage 

strong and experienced credit unions to 

provide guidance to small MDI credit 

unions to increase their ability to thrive 

and serve low-income and underserved 

populations. This grant may be used for 

eligible expenses associated with 

facilitating a new mentorship 

relationship. Funding approval will be 

based on the Applicant’s ability to 

demonstrate a well-developed plan for 

the mentoring assistance it would 

receive from a mentor credit union. 

Applicants are expected to meet the 

objectives of this initiative by 

establishing a mentorship to accomplish 

the following objectives: 

a. Credit union growth and expansion, 

such as growing the membership or the 

loan portfolio; 

b. Improved management and 

operations, such as leadership training, 

developing new policy and procedure 

documents, or responding to exam or 

audit findings; 

c. Increased credit union capabilities, 

such as introducing a new program or 

service or improving credit union 

systems; and/or 

d. Other (Applicants will have 

opportunity to justify additional 

projects). 

2. Maximum Award Amount 

The maximum amount for a CDRLF 

award is determined by the type of 

funding initiative. There is no minimum 

amount for CDRLF awards. The 

maximum award amount for this 

initiative is $25,000. 

C. Eligibility Information 

1. Eligible Applicants 

This NOFO is open to credit unions 

that meet the eligibility requirements 

defined in 12 CFR part 705. A credit 

union must have a low-income 

designation obtained in accordance with 

12 CFR 701.34 or 741.204 in order to 

participate in the CDRLF. 

i. Non-Federally Insured Applicants: 

Each Applicant that is a non-federally 

insured, state-chartered credit union 

must submit additional application 

materials. These additional materials are 

more fully described in 12 CFR 

705.7(b)(3) and in the application. 

a. Non-federally insured, statechartered credit unions must agree to be 

examined by the NCUA. The specific 

terms and covenants pertaining to this 

condition will be provided in the award 

agreement of the Participating Credit 

Union. 

2. Data Universal Numbering System 

(DUNS) Number 

The Data Universal Numbering 

System (DUNS) number is a unique 

nine-character number used to identify 

your organization. The federal 

government uses the DUNS number to 

track how federal money is allocated. 

Registering for a DUNS number is FREE. 

Applicants can obtain a DUNS number 

by visiting the Dun & Bradstreet (D&B) 

website or calling 1–866–705–5711. The 

NCUA will not consider an application 

that does not include a valid DUNS 

number issued by Dun and Bradstreet 

(D&B). Such an application will be 

deemed incomplete and will be 

declined. 


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Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices 50561 

3. Employer Identification Number 

Each application must include a valid 

and current Employer Identification 

Number (EIN) issued by the U.S. 

Internal Revenue Service (IRS). The 

NCUA will not consider an application 

that does not include a valid and 

current EIN. Such an application will be 

deemed incomplete and will be 

declined. Information on how to obtain 

an EIN may be found on the IRS’s 

website. 

4. System for Award Management 

All Applicants are required by federal 

law to have an active registration with 

the federal government’s System for 

Award Management (SAM) prior to 

applying for funding. SAM is a webbased, government-wide application 

that collects, validates, stores, and 

disseminates business information 

about the federal government’s trading 

partners in support of the contract 

awards, grants, and electronic payment 

processes. An active SAM account 

status and CAGE number is required to 

apply for a CDRLF award. Credit unions 

that have an existing registration with 

SAM must recertify and maintain an 

active status annually. The SAM 

registration and recertification process 

is FREE. First-time SAM users can 

register by following the instructions in 

the Quick Start Guide for New 

Registrations. Existing users can 

recertify or renew their SAM account 

status by following the instructions in 

the Quick Start Guide for Renewing 

Registrations. The NCUA will not 

consider an applicant that does not have 

an active SAM status. Such an 

application will be deemed incomplete 

and will be declined. 

5. Other Eligibility Requirements 

i. Financial Viability: Applicants must 

meet the underwriting standards 

established by the NCUA, including 

those pertaining to financial viability, as 

set forth in the application and defined 

in 12 CFR 705.7(c). 

ii. Compliance with Past Agreements: 

In evaluating funding requests under 

this NOFO, the NCUA will consider an 

Applicant’s record of compliance with 

past agreements. The NCUA, in its sole 

discretion, will determine whether to 

consider an application from an 

Applicant with a past record of 

noncompliance, including any 

deobligation (i.e., removal of unused 

awards) of funds. 

a. If an Applicant is in default of a 

previously executed agreement with the 

NCUA, the NCUA will not consider an 

application for funding under this 

NOFO. 

b. If an Applicant is a prior 

Participating Credit Union under the 

CDRLF and has unused awards as of the 

date of application, the NCUA may 

request a narrative from the Applicant 

that addresses the reason for its record 

of noncompliance. The NCUA, in its 

sole discretion, will determine whether 

the reason is sufficient to proceed with 

the review of the application. 

D. Application and Submission 

Information 

1. Application 

Under this NOFO, all applications 

must be submitted online in the NCUA’s 

web-based application system, 

CyberGrants, in order to be considered. 

Applications must be submitted online 

at https://www.cybergrants.com/ncua/ 

applications. The application and 

related documents are also located on 

the NCUA’s website at https://

www.ncua.gov/services/Pages/ 

resources-expansion/grants-loans.aspx. 

2. Minimum Application Content 

At a minimum, each application 

requires a narrative response that 

describes the Applicant’s proposed use 

of the CDRLF award. The NCUA 

reserves the right to waive this 

requirement for any funding initiatives 

with a defined list of allowable project 

activities. The NCUA will identify the 

funding initiatives that do not require a 

narrative response in the grant round 

guidelines. Other application contents 

will be defined in the grant round 

guidelines found on NCUA’s website. 

3. Submission Dates and Times 

The NCUA will accept applications 

beginning October 11, 2021, at 9:00 a.m. 

eastern time (ET). Applications must be 

submitted by October 29, 2021, at 11:59 

p.m. ET. Late applications will not be 

considered. 

E. Application Review Information 

1. Eligibility and Completeness Review 

The NCUA will review each 

application to determine whether it is 

complete and that the Applicant meets 

the eligibility requirements described in 

the regulations, the grant round 

guidelines, and in this NOFO. An 

incomplete application or one that does 

not meet the eligibility requirements 

will be declined without further 

consideration. 

2. Evaluation Criteria 

Each funding initiative, due to its 

structure and impact, may have varying 

degrees of evaluation criteria assigned. 

The evaluation criteria for each funding 

initiative is fully described in the grant 

round guidelines. 

3. Application Review 

The purpose of the application review 

is to determine whether an application 

satisfies the criteria set forth for each 

particular funding initiative. The NCUA 

will evaluate each application in 

accordance with the criteria and 

procedures described in the grant round 

guidelines. The NCUA reserves the right 

to contact the Applicant during its 

review for the purpose of clarifying or 

confirming information contained in the 

application. If so contacted, the 

Applicant must respond within the time 

specified by the NCUA or the NCUA, in 

its sole discretion, may decline the 

application without further 

consideration. 

4. Scoring and Funding Decision 

The NCUA will make its funding 

decision based on a scoring system that 

establishes a ranking position for each 

application. The applications will be 

ranked according to the scoring criteria 

set forth for each funding initiative in 

the grant round guidelines. 

F. Federal Award Administration 

1. NCUA Award Notice 

The NCUA will notify each Applicant 

of its funding decision by email. In 

addition, the NCUA will announce the 

successful applications through a press 

release that includes a list of the 

Awardees. Applicants that are approved 

for funding will also receive 

instructions on how to proceed with the 

post-award activities. 

2. Administrative and National Policy 

Requirements 

i. Award Agreement: The specific 

terms and conditions will be established 

in the award agreement each 

Participating Credit Union must sign 

prior to formally accepting an award. 

Each Participating Credit Union under 

this NOFO must enter into an agreement 

with the NCUA before the NCUA will 

disburse the award funds. The 

agreement includes the terms and 

conditions of funding, including but not 

limited to the: (i) Award amount; (ii) 

grant award details; (iii) roles and 

responsibilities; (iv) accounting 

treatment; (v) signature pages; and (vi) 

reporting requirements. 

ii. Failure to Sign Agreement: The 

NCUA, in its sole discretion, may 

rescind an award if the Applicant fails 

to sign and return the agreement or any 

other requested documentation, within 

the time specified by the NCUA. 


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50562 Federal Register / Vol. 86, No. 172 / Thursday, September 9, 2021 / Notices 

3. Reimbursement Process 

Applicants that are approved for 

funding will be responsible for the 

complete and timely submission of the 

post-award activities. This includes, but 

it is not limited to, signing the award 

agreement and completing a 

reimbursement request. Successful 

Applicants must submit a 

reimbursement request in order to 

receive the awarded funds. The 

reimbursement requirements are 

different depending on the funding 

initiative. The NCUA will define the 

reimbursement requirements for each 

funding initiative in the post-award 

guidelines. 

The reimbursement request may 

require, all or a combination of, the 

following items: (i) Certification of 

expenses, (ii) project related 

documentation, (iii) a summary of 

project accomplishments and outcomes, 

or (iv) a certification form signed by a 

credit union official (e.g., CEO, manager, 

or Board Chairperson) authorized to 

request the reimbursement and make 

the certifications. The NCUA, in its sole 

discretion, may modify these 

requirements. Additional 

reimbursement request requirements 

will be described in the post-award 

guidelines. 

G. Federal Awarding Agency 

1. Methods of Contact 

Further information can be found at 

https://www.ncua.gov/services/Pages/ 

resources-expansion/grants-loans.aspx. 

For questions related to the CDRLF, 

email the NCUA’s Office of Credit 

Union Resources and Expansion at 

CUREAPPS@ncua.gov. 

2. Information Technology Support 

People who have visual or mobility 

impairments that prevent them from 

using the NCUA’s website should call 

(703) 518–6610 for guidance (this is not 

a toll-free number). 

H. Grant Terms and Conditions 

1. All credit unions are required to 

certify the following terms and 

conditions prior to submitting an 

application: 

i. The Applicant is a low-income 

designated credit union, as defined in 

Section 701.34 of the NCUA’s Rules and 

Regulations. 

ii. The Applicant shall comply with 

United States Office of Management and 

Budget, Uniform Administrative 

Requirements, Cost Principles, and 

Audit Requirements for Federal Awards. 

iii. The Applicants are required to 

have an audit conducted if they hold 

$750,000 or more in Federal awards 

during a fiscal year. Applicants that 

hold less than $750,000 in Federal 

awards are exempt from this law. 

a. For example, if a credit union uses 

a $250,000 loan from the NCUA’s 

CDRLF and a $500,000 grant from the 

Community Development Financial 

Institutions (CDFI) Fund, totaling 

$750,000 in Federal awards during the 

same fiscal year; then the credit union 

must have an audit conducted. 

iv. The Applicant is responsible for 

the efficient and effective 

administration of the Federal Award 

through application of sound 

management practices. Applicant 

assumes the responsibility for 

administering Federal Funds in a 

manner consistent with underlying 

agreements, program objectives, and the 

term and conditions of the Federal 

Award. 

v. No employee, contractor, 

consultant or vendor has participated 

substantially for this grant-funded 

activity, nor otherwise benefited 

directly or indirectly from the grant, 

who, to its knowledge (assuming 

reasonable diligence), has a ‘‘covered 

relationship’’ with an NCUA employee 

who presently holds a position that 

would enable him or her to influence a 

pending or future grant award, or a 

reimbursement of permitted expenses 

thereunder. 

vi. An employee, contractor, 

consultant or vendor of the Applicant 

would have such a ‘‘covered 

relationship’’ if he or she were either: 

(1) A member of the household of an 

NCUA employee who presently holds a 

position that would enable him or her 

to influence a pending or future grant 

award, or a reimbursement thereunder; 

or (2) a relative of such an NCUA 

employee with whom he or she has a 

close personal relationship. 5 CFR 

2635.502(b)(1)(ii). 

vii. The Applicant must disclose in 

writing to the NCUA any potential 

conflict of interest in accordance with 

applicable Federal awarding agency 

policy. 

viii. Per 2 CFR 200.113, the Applicant 

must disclose all violations of Federal 

criminal law involving fraud, bribery, or 

gratuity violations potentially affecting 

the award. 

ix. The Applicant conducts its 

activities such that no person is 

excluded from participation in, is 

denied the benefits of, or is subject to 

discrimination on the basis of race, 

color, national origin, sex, age or 

disability in the distribution of services 

and/or benefits provided under this 

grant program. The credit union agrees 

to provide evidence of its compliance as 

required by the NCUA. Furthermore, 

credit unions should ensure compliance 

with Title VI of the Civil Rights Act of 

1964. 

x. If a credit union enters into 

commitments for a project before the 

grant decision is made, credit union will 

be obligated to pay project expenses 

from its own funds should the grant not 

be approved; if the grant is approved the 

credit union may be responsible for a 

portion of the expenses due prior to the 

grant approval date. 

xi. Requests to reallocate or change 

approved project(s) and/or request an 

extension to the deadline must be 

submitted in writing prior to the 

original deadline and approved by the 

NCUA prior to Applicant incurring 

expenses. 

xii. The Applicant is aware that the 

NCUA will correspond with the credit 

union regarding this application by 

email (utilizing the email provided in 

this application). 

xiii. The Applicant hereby 

acknowledges that the NCUA reserves 

full discretion to deny reimbursement 

under this grant in the event the NCUA 

determines the Applicant is, or 

previously was, either in breach of anycondition or limitation in the grant 

guidelines, or in breach of the ‘covered 

relationship’ restriction set forth above. 

xiv. Information included in Outcome 

Summary or Success Stories is 

considered by the NCUA to be Research 

Data and is governed by 2 CFR 200.315 

and may be made publicly available. 

xv. The Applicant is aware that any 

false, fictitious, or fraudulent 

information or the omission of any 

material fact, may subject Applicant to 

criminal, civil or administrative 

penalties for fraud, false statements, 

false claims or otherwise. (U.S. Code 

Title 18, Section 1001 and Title 31, 

Sections 3729–3730, and 3801–3812). 

xvi. The Applicant is aware recipients 

and subrecipients are prohibited from 

obligating or expending loan or grant 

funds to procure or obtain equipment, 

services, or systems that uses covered 

telecommunications equipment or 

services as a substantial or essential 

component of any system, or as critical 

technology as part of any system in 

accordance with Public Law 115–232, 

section 889 and 2 CFR 200.216. 

By the National Credit Union 

Administration Board on September 3, 2021. 

Melane Conyers-Ausbrooks, 

Secretary of the Board. 

[FR Doc. 2021–19491 Filed 9–8–21; 8:45 am] 

BILLING CODE P 


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