NCUF Seeks Partners For Moderate IncomeHomebuyers Counseling

March 15, 2006, 1:00 a.m. EST 1 Min Read

WASHINGTON - (03/15/06) The National CU Foundation iscalling on interested credit unions to apply with it for federalgrant money to develop counseling for moderate- and low-incomefirst-time homebuyers. Last year, the Department of Housing andUrban Development granted the Foundation $701,000, which it used tohelp fund 11 counseling programs for first-time homebuyers. TheFoundation is accepting applications from interested credit unionsand related organizations until April 7, so that it may complete anapplication to HUD for the funding. Grant awards are used by creditunions and related organizations to pay salaries and benefits ofstaff to work on housing counseling programs.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Stress tests

What's next after strong bank stress tests?

While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.

By Catherine Leffert

5h ago
Digital banking

Academy Bank gives consumers digital budgeting help

The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.

By Melinda Huspen

6h ago
Cyber security

GodFather malware hijacks banking apps on Android devices

GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.

By Carter Pape

8h ago
Payments

How Walmart, Amazon and other nonbanks chase stablecoins

As banks consider their strategies, other big names are also considering a role for digital assets.

By John Adams

9h ago
Open banking

Fintech group urges court to uphold CFPB's open banking rule

The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.

By Kate Berry

10h ago
Industry News

Financial Services Forum CEO Fromer departing

Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.

By Claire Williams

11h ago