Community Development Revolving Loan Fund for Credit Unions, 34488 [2010-14652]

Download as PDF 34488 Federal Register / Vol. 75, No. 116 / Thursday, June 17, 2010 / Notices NATIONAL CREDIT UNION ADMINISTRATION NATIONAL CREDIT UNION ADMINISTRATION Community Development Revolving Loan Fund for Credit Unions Sunshine Act; Notice of Matter To Be Deleted From the Agenda of a Previously Announced Open Meeting; and Notice of Matter To Be Added to the Agenda of a Previously Announced Closed Meeting mstockstill on DSKH9S0YB1PROD with NOTICES AGENCY: National Credit Union Administration. ACTION: Notice of application period. SUMMARY: The National Credit Union Administration (NCUA) will accept applications for participation in the Community Development Revolving Loan Fund’s [Fund’s] Loan Program beginning in June 2010, subject to availability of funds. The Fund’s total appropriation for loans is $13.4 million. Applications and procedures for the 2010 Fund Loan Program will be posted to the NCUA Web site. ADDRESSES: Applications for participation may also be obtained from and should be submitted to: NCUA, Office of Small Credit Union Initiatives, 1775 Duke Street, Alexandria, VA 22314–3428. DATES: Applications can be submitted starting on June 11, 2010 and closing when funding is exhausted. FOR FURTHER INFORMATION CONTACT: Tawana James, Director, Office of Small Credit Union Initiatives at the above address or telephone (703) 518–6610. SUPPLEMENTARY INFORMATION: Part 705 of the NCUA Rules and Regulations implements the Community Development Revolving Loan Fund (Fund) for Credit Unions. The purpose of the Fund is to assist officially designated ‘‘low-income’’ credit unions in providing basic financial services to residents in their communities that result in increased income, home ownership, and employment. The Fund makes available low interest loans in the aggregate amount of $300,000 to qualified participating ‘‘low-income’’ designated credit unions. Interest rates are currently set at 1 percent, subject to change depending on market interest rates. Fund participation is limited to existing credit unions with an official ‘‘low-income’’ designation. This notice is published pursuant to Section 705.9 of the NCUA Rules and Regulations that states NCUA will provide notice in the Federal Register when funds in the program are available. By the National Credit Union Administration Board on June 9, 2010. Mary F. Rupp, Secretary, NCUA Board. [FR Doc. 2010–14652 Filed 6–16–10; 8:45 am] BILLING CODE 7535–01–P VerDate Mar<15>2010 16:13 Jun 16, 2010 Jkt 220001 TIME AND DATE: 10 a.m., Thursday, June 17, 2010. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Open. Matter To Be Deleted 3. Proposed Rule—Part 741 of NCUA’s Rules and Regulations, Requirements for Insurance, Interest Rate Risk Policy and Program. TIME AND DATE: 11:45 a.m., Thursday, June 17, 2010. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Closed. Matter To Be Added 1. Consideration of Supervisory Activities (3). Closed pursuant to some or all of the following exemptions: (9)(A)(ii) and 9(B). FOR FURTHER INFORMATION CONTACT: Mary Rupp, Secretary of the Board, Telephone: 703–518–6304 Mary Rupp, Board Secretary. [FR Doc. 2010–14820 Filed 6–15–10; 4:15 pm] BILLING CODE P NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES National Endowment for the Arts; National Council on the Arts 170th Meeting; Correction This notice is to correct the previously announced dates of the meeting of the National Council on the Arts. The meeting will be held on June 24–25, 2010 not June 24–25, 2009, in Rooms 527 and M–09 at the Nancy Hanks Center, 1100 Pennsylvania Avenue, NW., Washington, DC 20506. A portion of this meeting, from 12:30 p.m.–2 p.m. on June 24th, will be closed for National Medal of Arts review and recommendations. The remainder of the meeting, from 9 a.m. to 11 a.m. on June 25th (ending time is approximate) in Room M–09, will be open to the public on a space available basis. After opening remarks and announcements, there will be Congressional/White House updates, PO 00000 Frm 00071 Fmt 4703 Sfmt 9990 followed by a Research & Analysis report. There also will be a presentation on the Blue Star Museum Initiative by Kathy Roth-Douquet, the board chairman of Blue Star Families. The Council will then review and vote on applications and guidelines, and the meeting will adjourn after concluding remarks. The closed portions of meetings are for the purpose of review, discussion, evaluation, and recommendations on awards under the National Foundation on the Arts and the Humanities Act of 1965, as amended, including information given in confidence to the agency. In accordance with the determination of the Chairman of November 10, 2009, these sessions will be closed to the public pursuant to subsection (c)(6) of section 552b of Title 5, United States Code. If, in the course of the open session discussion, it becomes necessary for the Council to discuss non-public commercial or financial information of intrinsic value, the Council will go into closed session pursuant to subsection (c)(4) of the Government in the Sunshine Act, 5 U.S.C. 552b. Additionally, discussion concerning purely personal information about individuals, submitted with grant applications, such as personal biographical and salary data or medical information, may be conducted by the Council in closed session in accordance with subsection (c) (6) of 5 U.S.C. 552b. Any interested persons may attend, as observers, Council discussions and reviews that are open to the public. If you need special accommodations due to a disability, please contact the Office of AccessAbility, National Endowment for the Arts, 1100 Pennsylvania Avenue, NW., Washington, DC 20506, (202) 682– 5532, TTY–TDD (202) 682–5429, at least seven (7) days prior to the meeting. Further information with reference to this meeting can be obtained from the Office of Communications, National Endowment for the Arts, Washington, DC 20506, at (202) 682–5570. Dated: June 14, 2010. Kathy Plowitz-Worden, Panel Coordinator, Office of Guidelines and Panel Operations. [FR Doc. 2010–14716 Filed 6–16–10; 8:45 am] BILLING CODE 7537–01–P E:\FR\FM\17JNN1.SGM 17JNN1

Agencies

[Federal Register Volume 75, Number 116 (Thursday, June 17, 2010)]
[Notices]
[Page 34488]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-14652]



[[Page 34488]]

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NATIONAL CREDIT UNION ADMINISTRATION


Community Development Revolving Loan Fund for Credit Unions

AGENCY: National Credit Union Administration.

ACTION: Notice of application period.

-----------------------------------------------------------------------

SUMMARY: The National Credit Union Administration (NCUA) will accept 
applications for participation in the Community Development Revolving 
Loan Fund's [Fund's] Loan Program beginning in June 2010, subject to 
availability of funds. The Fund's total appropriation for loans is 
$13.4 million.
    Applications and procedures for the 2010 Fund Loan Program will be 
posted to the NCUA Web site.

ADDRESSES: Applications for participation may also be obtained from and 
should be submitted to: NCUA, Office of Small Credit Union Initiatives, 
1775 Duke Street, Alexandria, VA 22314-3428.

DATES: Applications can be submitted starting on June 11, 2010 and 
closing when funding is exhausted.

FOR FURTHER INFORMATION CONTACT: Tawana James, Director, Office of 
Small Credit Union Initiatives at the above address or telephone (703) 
518-6610.

SUPPLEMENTARY INFORMATION: Part 705 of the NCUA Rules and Regulations 
implements the Community Development Revolving Loan Fund (Fund) for 
Credit Unions. The purpose of the Fund is to assist officially 
designated ``low-income'' credit unions in providing basic financial 
services to residents in their communities that result in increased 
income, home ownership, and employment. The Fund makes available low 
interest loans in the aggregate amount of $300,000 to qualified 
participating ``low-income'' designated credit unions. Interest rates 
are currently set at 1 percent, subject to change depending on market 
interest rates.
    Fund participation is limited to existing credit unions with an 
official ``low-income'' designation.
    This notice is published pursuant to Section 705.9 of the NCUA 
Rules and Regulations that states NCUA will provide notice in the 
Federal Register when funds in the program are available.

    By the National Credit Union Administration Board on June 9, 
2010.
Mary F. Rupp,
Secretary, NCUA Board.
[FR Doc. 2010-14652 Filed 6-16-10; 8:45 am]
BILLING CODE 7535-01-P
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