CUNA wrote to the House Appropriations Subcommittee on State-Foreign Operations and Related Programs on Monday that it strongly supports the $17 million funding level for the Cooperative Development Program (CDP) in fiscal year 2021.
The CDP is a global initiative that focuses on building capacity of cooperative businesses and cooperative systems for self-reliance, local ownership, and sustainability.
During the life of the CDP, activities have supported more than 500 cooperatives and credit unions with a combined savings of $495 million. During this time period, the program has also: