82 FR 22852 - Office of Small Credit Union Initiatives (OSCUI) Grant Program Access for Credit Unions
NATIONAL CREDIT UNION ADMINISTRATION Federal Register Volume 82, Issue 95 (May 18, 2017)
Federal Register Volume 82, Issue 95 (May 18, 2017)
| Page Range | 22852-22854 | |
| FR Document | 2017-10087 |
[Federal Register Volume 82, Number 95 (Thursday, May 18, 2017)] [Notices] [Pages 22852-22854] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-10087] ======================================================================= ----------------------------------------------------------------------- NATIONAL CREDIT UNION ADMINISTRATION Office of Small Credit Union Initiatives (OSCUI) Grant Program Access for Credit Unions AGENCY: National Credit Union Administration (NCUA). ACTION: Notice of funding opportunity. ----------------------------------------------------------------------- SUMMARY: The National Credit Union Administration (NCUA) is issuing a Notice of Funding Opportunity (NOFO) to invite eligible credit unions to submit applications for participation in the OSCUI Grant Program (a.k.a. Community Development Revolving Loan Fund (CDRLF)), subject to funding availability. The OSCUI Grant Program serves as a source of financial support, in the form of technical assistance grants, for credit unions serving predominantly low-income members. It also serves as a source of funding to help low-income designated credit unions (LICUs) respond to emergencies arising in their communities. Table of Contents A. Program Description B. Federal Award Information C. Eligibility Information D. Application and Submission Information E. Application Review Information F. Federal Award Administration G. Federal Awarding Agency H. Other Information A. Program Description 1. Purpose The purpose of the OSCUI Grant Program is to assist low-income designated credit unions (LICU) in providing basic financial services to their low-income members to stimulate economic activities in their communities. Through the OSCUI Grant Program, NCUA provides financial support in the form of technical assistance grants to LICUs. These funds help improve and expand the availability of financial services to these members. The OSCUI Grant Program also serves as a source of funding to help LICUs respond to emergencies. The Grant Program consists of Congressional appropriations that are administered by OSCUI, an office of the NCUA. This grant round will include initiatives \1\ for Digital Services & Security, Leadership Development, Small LICU Capacity, and Underserved Outreach. NCUA will accept applications from credit unions for Digital Services & Security, Leadership Development, and Small LICU Capacity initiatives from July 1 through July 31, 2017.\2\ Applications for the Underserved Outreach initiative will be accepted from July 1 through August 31, 2017. Each grant award may be used for a project intended to support the efforts of credit unions: --------------------------------------------------------------------------- \1\ Initiatives offered subject to change based on funds availability. See section H. \2\ Grant round opening and closing is subject to funds availability. See section H. --------------------------------------------------------------------------- i. Providing basic financial and related services to residents in their communities; and ii. Enhancing their capacity to better serve their members and the communities in which they operate. Information about the OSCUI Grant Program, including more details regarding the 2017 grant round, other funding initiatives, amount of funds available, funding priorities, permissible uses of funds, funding limits, deadlines and other pertinent details, are periodically published in NCUA Letters to Credit Unions, in the OSCUI e-newsletter and on the NCUA Web site at https://www.ncua.gov/services/Pages/small-credit-union-initiatives/grants-loans/grants.aspx. 2. Regulation Part 705 of NCUA's regulations implements the OSCUI Grant and Loan Program. 12 CFR 705. A revised Part 705 was published on November 25, 2016. 81 FR 85112. Additional requirements are found at 12 CFR 701 and 741. Applicants should review these regulations in addition to this NOFO. Each capitalized term in this NOFO is more fully defined in the regulations and grant guidelines. For the purposes of this NOFO, an Applicant is a Qualifying Credit Union that submits a complete Application to NCUA under the OSCUI Grant Program. NCUA will consider requests for funds consistent with the purpose of the OSCUI Grant Program. 12 CFR 705.1. [[Page 22853]] B. Federal Award Information 1. How much funding is available? Subject to the availability of appropriations for Fiscal Years 2016-2017, NCUA anticipates awarding up to $2 million \3\ under this NOFO. NCUA reserves the right to: (i) Award more or less than the amount appropriated; (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. --------------------------------------------------------------------------- \3\ Subject to appropriation funding. --------------------------------------------------------------------------- 2. What is the award amount? There is a different award cap for each grant initiative. NCUA expects to award grants ranging from $1,000 to $25,000.\4\ Specific details are further described in the grant guidelines found on the NCUA Web site. --------------------------------------------------------------------------- \4\ Subject to appropriation funding--See section H. --------------------------------------------------------------------------- 3. What is the award period? The award period is between 7 and 12 months from the official approval of the grant, depending on the grant initiative and project. C. Eligibility Information 1. What are the eligibility criteria? This grant round is open to credit unions that meet the compliance requirements specified in 12 CFR 705.3 and 12 CFR 705.7. A credit union must have a Low-Income Credit Union (LICU) designation, or equivalent in the case of a Qualifying State-chartered Credit Union, in order to participate in the OSCUI Grant and Loan Program. Requirements for obtaining the designation are found at 12 CFR 701.34. 2. What are the cost sharing or matching requirements? Cost sharing and matching requirements are not required under this announcement. D. Application and Submission Information 1. Where can I request Application information? The Application related documents can be found on NCUA's Web site at https://www.ncua.gov/services/Pages/small-credit-union-initiatives/grants-loans/grants.aspx. 2. How do I submit an Application? Applicants must submit their Application electronically through NCUA's web-based application system CyberGrants at www.cybergrants.com/ncua/applications. 3. What must be included in the Application? A complete Application will consist of different components for each grant initiative. At a minimum, each grant initiative will require a brief project description (this requirement may be waived for initiatives that NCUA determines to be satisfactory without a project description). Specific details are further described in the grant guidelines. 4. What other requirements do I need to submit an Application? Applicants must obtain a Data Universal Number System (DUNS) number and be registered in the System for Award Management (SAM) before an Application is considered complete. Additionally, Applications must include a valid and current Employer Identification Number (EIN) issued by the U.S. Internal Revenue Service (IRS). If an Applicant does not fully comply with these requirements, NCUA may deem the Application incomplete and disqualify the Applicant. Other submission requirements include disclosure agreements and mandatory clauses which are specified in the grant guidelines and web- based application system. 5. What is the DUNS number and how do I obtain it? The 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. Applicants can obtain a DUNS number by visiting the Dun & Bradstreet (D&B) Web site or calling 1-866-705-5711 to register or search for a DUNS number. Registering for a DUNS number is FREE. 6. What is the System for Award Management (SAM) and how do I register? SAM is a web-based, 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. Applicants can register by visiting the SAM Web site. An active SAM account status and CAGE number is required to apply for the OSCUI Grant Program. The SAM registration process is FREE. 7. When is the Application deadline? The Application will be available beginning July 1 for all initiatives. However, the closing date is different for one initiative. Below is the application window for each initiative. Each initiative will close at 3 p.m. EST on the last day of the application window. Applications must be submitted online in NCUA's web-based application system, CyberGrants, by the deadline in order to be considered. Late Applications will not be considered under any circumstance. ------------------------------------------------------------------------ Initiative Application window ------------------------------------------------------------------------ Digital Services and Security............. July 1 through July 31, 2017. Leadership Development.................... Small LICU Capacity....................... Underserved Outreach...................... July 1 through August 31, 2017. ------------------------------------------------------------------------ E. Application Review Information 1. Criteria Each grant initiative consists of unique criteria NCUA will use to evaluate Applications. The criteria is distinct from the eligibility criteria that are addressed before an Application is accepted for review. Specific details about the selection criteria are described further in the grant guidelines. 2. Review and Selection Process i. Eligibility and Completeness Review: NCUA will review each Application to determine whether it is complete and that the Applicant meets the eligibility criteria described in the Regulations, this NOFO, and the grant guidelines. An incomplete Application or one that does not meet the eligibility criteria will be declined without further consideration. ii. Substantive Review: After an Applicant is determined eligible and its Application is determined complete, NCUA will conduct a substantive review in accordance with the criteria and procedures described in the Regulations, this NOFO, and the grant guidelines. 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 NCUA or NCUA, in its sole discretion, may decline the application without further consideration. iii. Evaluation and Scoring: The evaluation criteria for each initiative will be more fully described in the grant guidelines. [[Page 22854]] iv. Input from Examiners: NCUA may not approve an award to a credit union for which it's NCUA regional examining office or State Supervisory Agency (SSA), if applicable, indicates it has safety and soundness concerns. If the NCUA regional office or SSA identifies a safety and soundness concern, OSCUI, in conjunction with the regional office or SSA, will assess whether the condition of the Applicant is adequate to undertake the activities for which funding is requested, and the obligations of the grant and its conditions. NCUA, in its sole discretion, may defer decision on funding an Application until the credit union's safety and soundness conditions improve. v. Award Selection: NCUA will make its award selections based on a consistent scoring system where each Applicant will receive a ranking position. NCUA will also consider the impact of funding and rank Applications based on the factors listed in the grant guidelines. 3. Anticipated Announcement and Federal Award Dates Applicants should expect to be notified by NCUA regarding the final determination of the grant application. Please see the periods NCUA anticipates sending out announcements below. ------------------------------------------------------------------------ Anticipated announcement Initiative period ------------------------------------------------------------------------ Digital Services and Security............. By September 10, 2017. Leadership Development.................... Small LICU Capacity....................... Underserved Outreach...................... By October 27, 2017. ------------------------------------------------------------------------ F. Federal Award Administration Information 1. Notice of Award NCUA will notify each Applicant of its funding decision by email. In addition, NCUA will publish a press release that includes a list of the successful awardees. Additional instructions for post-award activities will be provided by email and in the reimbursement guidelines. 2. Administration and National Policy Requirements The specific terms and conditions governing a grant will be established in the grant guidelines for each initiative. 3. Reporting and Reimbursement Requirements Successful Applicants must submit a reimbursement request in order to receive the awarded funds. The reimbursement requirements are specific to each initiative. In general, the reimbursement request will require evidence of expenses, project related documentation, a summary of project accomplishments and outcomes, and 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. NCUA, in its sole discretion, may modify these requirements. Successful Applicants are required to submit the reimbursement request within the expiration date specified in the approval letter. G. Agency Contacts 1. Methods of Contact Further information can be found at: https://www.ncua.gov/services/Pages/small-credit-union-initiatives/grants-loans/grants.aspx. For questions email: National Credit Union Administration, Office of Small Credit Union Initiatives at [email protected]. 2. Information Technology Support People who have visual or mobility impairments that prevent them from using NCUA's Web site should call (703) 518-6610 for guidance (this is not a toll free number). H. Other Information 1. Program Changes Based on Availability of Funds The Application open period, grant initiatives, award period, funding amounts, and deadline to submit applications are all subject to the availability of appropriations for Fiscal Year 2017. NCUA will not announce a new NOFO if changes are necessary to the Program elements covered in this announcement. All changes due to the availability of funding will be published on NCUA's Web site at https://www.ncua.gov/services/Pages/small-credit-union-initiatives/grants-loans/grants.aspx. Authority: 12 U.S.C. 1756, 1757(5)(D), and (7)(I), 1766, 1782, 1784, 1785 and 1786; 12 CFR 705. By the National Credit Union Administration Board on May 12, 2017. Gerard Poliquin, Secretary of the Board. [FR Doc. 2017-10087 Filed 5-17-17; 8:45 am] BILLING CODE 7535-01-P
![22852 Federal Register / Vol. 82, No. 95 / Thursday, May 18, 2017 / Notices
This information collection is subject Agency: DOL–OWCP. Program, NCUA provides financial
to the PRA. A Federal agency generally Title of Collection: Certification of support in the form of technical
cannot conduct or sponsor a collection Funeral Expenses. assistance grants to LICUs. These funds
of information, and the public is OMB Control Number: 1240–0040. help improve and expand the
generally not required to respond to an Affected Public: Private Sector— availability of financial services to these
information collection, unless it is businesses or other for-profits. members. The OSCUI Grant Program
approved by the OMB under the PRA Total Estimated Number of also serves as a source of funding to
and displays a currently valid OMB Respondents: 75. help LICUs respond to emergencies. The
Control Number. In addition, Total Estimated Number of Grant Program consists of Congressional
notwithstanding any other provisions of Responses: 75. appropriations that are administered by
law, no person shall generally be subject Total Estimated Annual Time Burden: OSCUI, an office of the NCUA.
to penalty for failing to comply with a 19 hours. This grant round will include
collection of information that does not Total Estimated Annual Other Costs initiatives 1 for Digital Services &
display a valid Control Number. See 5 Burden: $34. Security, Leadership Development,
CFR 1320.5(a) and 1320.6. The DOL Dated: May 12, 2017. Small LICU Capacity, and Underserved
obtains OMB approval for this Michel Smyth, Outreach. NCUA will accept
information collection under Control Departmental Clearance Officer. applications from credit unions for
Number 1240–0040. Digital Services & Security, Leadership
[FR Doc. 2017–10025 Filed 5–17–17; 8:45 am]
OMB authorization for an ICR cannot Development, and Small LICU Capacity
BILLING CODE 4510–CF–P
be for more than three (3) years without initiatives from July 1 through July 31,
renewal, and the current approval for 2017.2 Applications for the Underserved
this collection is scheduled to expire on Outreach initiative will be accepted
May 31, 2017. The DOL seeks to extend NATIONAL CREDIT UNION from July 1 through August 31, 2017.
PRA authorization for this information ADMINISTRATION Each grant award may be used for a
collection for three (3) more years, project intended to support the efforts of
without any change to existing Office of Small Credit Union Initiatives credit unions:
requirements. The DOL notes that (OSCUI) Grant Program Access for i. Providing basic financial and
existing information collection Credit Unions related services to residents in their
requirements submitted to the OMB AGENCY: National Credit Union communities; and
receive a month-to-month extension Administration (NCUA). ii. Enhancing their capacity to better
while they undergo review. For serve their members and the
ACTION: Notice of funding opportunity.
additional substantive information communities in which they operate.
about this ICR, see the related notice SUMMARY: The National Credit Union Information about the OSCUI Grant
published in the Federal Register on Administration (NCUA) is issuing a Program, including more details
February 10, 2017 (82 FR 10410). Notice of Funding Opportunity (NOFO) regarding the 2017 grant round, other
Interested parties are encouraged to to invite eligible credit unions to submit funding initiatives, amount of funds
send comments to the OMB, Office of applications for participation in the available, funding priorities, permissible
Information and Regulatory Affairs at OSCUI Grant Program (a.k.a. uses of funds, funding limits, deadlines
the address shown in the ADDRESSES Community Development Revolving and other pertinent details, are
section within thirty (30) days of Loan Fund (CDRLF)), subject to funding periodically published in NCUA Letters
publication of this notice in the Federal availability. The OSCUI Grant Program to Credit Unions, in the OSCUI e-
Register. In order to help ensure serves as a source of financial support, newsletter and on the NCUA Web site
appropriate consideration, comments in the form of technical assistance at https://www.ncua.gov/services/Pages/
should mention OMB Control Number grants, for credit unions serving small-credit-union-initiatives/grants-
1240–0040. The OMB is particularly predominantly low-income members. It loans/grants.aspx.
interested in comments that: also serves as a source of funding to 2. Regulation
• Evaluate whether the proposed help low-income designated credit
collection of information is necessary Part 705 of NCUA’s regulations
unions (LICUs) respond to emergencies implements the OSCUI Grant and Loan
for the proper performance of the arising in their communities.
functions of the agency, including Program. 12 CFR 705. A revised Part 705
whether the information will have Table of Contents was published on November 25, 2016.
practical utility; 81 FR 85112. Additional requirements
A. Program Description
• Evaluate the accuracy of the B. Federal Award Information
are found at 12 CFR 701 and 741.
agency’s estimate of the burden of the C. Eligibility Information Applicants should review these
proposed collection of information, D. Application and Submission Information regulations in addition to this NOFO.
including the validity of the E. Application Review Information Each capitalized term in this NOFO is
methodology and assumptions used; F. Federal Award Administration more fully defined in the regulations
• Enhance the quality, utility, and G. Federal Awarding Agency and grant guidelines. For the purposes
H. Other Information of this NOFO, an Applicant is a
clarity of the information to be
collected; and A. Program Description Qualifying Credit Union that submits a
• Minimize the burden of the complete Application to NCUA under
collection of information on those who 1. Purpose the OSCUI Grant Program. NCUA will
jstallworth on DSK7TPTVN1PROD with NOTICES
are to respond, including through the The purpose of the OSCUI Grant consider requests for funds consistent
use of appropriate automated, Program is to assist low-income with the purpose of the OSCUI Grant
electronic, mechanical, or other designated credit unions (LICU) in Program. 12 CFR 705.1.
technological collection techniques or providing basic financial services to 1 Initiatives offered subject to change based on
other forms of information technology, their low-income members to stimulate funds availability. See section H.
e.g., permitting electronic submission of economic activities in their 2 Grant round opening and closing is subject to
responses. communities. Through the OSCUI Grant funds availability. See section H.
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![22854 Federal Register / Vol. 82, No. 95 / Thursday, May 18, 2017 / Notices
iv. Input from Examiners: NCUA may 3. Reporting and Reimbursement NATIONAL CREDIT UNION
not approve an award to a credit union Requirements ADMINISTRATION
for which it’s NCUA regional examining
office or State Supervisory Agency Successful Applicants must submit a Office of Small Credit Union Initiatives
(SSA), if applicable, indicates it has reimbursement request in order to (OSCUI) Loan Program Access for
receive the awarded funds. The Credit Unions
safety and soundness concerns. If the
reimbursement requirements are
NCUA regional office or SSA identifies AGENCY: National Credit Union
specific to each initiative. In general, the
a safety and soundness concern, OSCUI, reimbursement request will require Administration (NCUA).
in conjunction with the regional office evidence of expenses, project related ACTION: Notice of funding opportunity.
or SSA, will assess whether the documentation, a summary of project
condition of the Applicant is adequate SUMMARY: The National Credit Union
accomplishments and outcomes, and a Administration (NCUA) is issuing a
to undertake the activities for which certification form signed by a credit
funding is requested, and the Notice of Funding Opportunity (NOFO)
union official (e.g., CEO, manager, or to invite eligible credit unions to submit
obligations of the grant and its Board Chairperson) authorized to
conditions. NCUA, in its sole discretion, applications for participation in the
request the reimbursement and make OSCUI Loan Program (a.k.a. Community
may defer decision on funding an the certifications. NCUA, in its sole Development Revolving Loan Fund
Application until the credit union’s discretion, may modify these (CDRLF)), subject to funding
safety and soundness conditions requirements. Successful Applicants are availability. The OSCUI Loan Program
improve. required to submit the reimbursement serves as a source of financial support,
v. Award Selection: NCUA will make request within the expiration date in the form of loans, for credit unions
its award selections based on a specified in the approval letter. serving predominantly low-income
consistent scoring system where each G. Agency Contacts members. It also serves as a source of
Applicant will receive a ranking funding to help low-income designated
1. Methods of Contact credit unions (LICUs) respond to
position. NCUA will also consider the
impact of funding and rank Further information can be found at: emergencies arising in their
Applications based on the factors listed https://www.ncua.gov/services/Pages/ communities.
in the grant guidelines. small-credit-union-initiatives/grants- Table of Contents
3. Anticipated Announcement and loans/grants.aspx. For questions email:
A. Program Description
National Credit Union Administration,
Federal Award Dates B. Federal Award Information
Office of Small Credit Union Initiatives C. Eligibility Information
Applicants should expect to be at OSCUIAPPS@ncua.gov. D. Application and Submission Information
notified by NCUA regarding the final 2. Information Technology Support E. Application Review Information
determination of the grant application. F. Federal Award Administration
Please see the periods NCUA anticipates People who have visual or mobility G. Federal Awarding Agency
sending out announcements below. impairments that prevent them from A. Program Description
using NCUA’s Web site should call
(703) 518–6610 for guidance (this is not The purpose of the OSCUI Loan
Anticipated
Initiative announcement a toll free number). Program is to assist low-income
period designated credit unions (LICU) in
H. Other Information providing basic financial services to
Digital Services and By September 10,
1. Program Changes Based on their members to stimulate economic
Security. 2017. activities in their communities. Through
Leadership Develop- Availability of Funds
the OSCUI Loan Program, NCUA
ment. provides financial support in the form
The Application open period, grant
Small LICU Capacity. of loans to LICUs. These funds help
initiatives, award period, funding
Underserved Out- By October 27, 2017. improve and expand the availability of
reach.
amounts, and deadline to submit
applications are all subject to the financial services to these members. The
availability of appropriations for Fiscal OSCUI Loan Program also serves as a
F. Federal Award Administration source of funding to help LICUs respond
Year 2017. NCUA will not announce a
Information new NOFO if changes are necessary to to emergencies. The Loan Program
1. Notice of Award the Program elements covered in this consists of Congressional appropriations
announcement. All changes due to the that are administered by OSCUI, an
NCUA will notify each Applicant of availability of funding will be published office of the NCUA.
its funding decision by email. In on NCUA’s Web site at https:// Permissible Uses of Funds: NCUA
addition, NCUA will publish a press www.ncua.gov/services/Pages/small- will consider requests for funds
release that includes a list of the credit-union-initiatives/grants-loans/ consistent with the purpose of the
successful awardees. Additional grants.aspx. OSCUI Loan Program. 12 CFR 705.1. A
instructions for post-award activities non-exhaustive list of examples of
Authority: 12 U.S.C. 1756, 1757(5)(D), and
will be provided by email and in the permissible uses or projects of loan
(7)(I), 1766, 1782, 1784, 1785 and 1786; 12
proceeds are contained in § 705.4 of the
jstallworth on DSK7TPTVN1PROD with NOTICES
reimbursement guidelines. CFR 705.
regulation, and include: (i) Development
2. Administration and National Policy By the National Credit Union of new products or services for
Administration Board on May 12, 2017.
Requirements members, including new or expanded
Gerard Poliquin, share draft or credit card programs; (ii)
The specific terms and conditions Secretary of the Board. Partnership arrangements with
governing a grant will be established in [FR Doc. 2017–10087 Filed 5–17–17; 8:45 am] community-based service organizations
the grant guidelines for each initiative. BILLING CODE 7535–01–P or government agencies; (iii) Loan
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Document Created: 2017-05-18 01:20:27
Document Modified: 2017-05-18 01:20:27
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice of funding opportunity. | |
| FR Citation | 82 FR 22852 |
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