To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,.
USA116th CongressHR-6830| House
| Updated: 5/12/2020
Dean Phillips
Democratic Representative
Minnesota
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This bill reduces the Community Development Financial Institutions (CDFI) Bond Guarantee Program minimum issuance amount from $100 million to $25 million for FY2020, and to $50 million thereafter. (CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program.)
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Community Development Financial Institutions FundCommunity life and organizationGovernment lending and loan guaranteesHousing and community development fundingSecurities
To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,.
USA116th CongressHR-6830| House
| Updated: 5/12/2020
This bill reduces the Community Development Financial Institutions (CDFI) Bond Guarantee Program minimum issuance amount from $100 million to $25 million for FY2020, and to $50 million thereafter. (CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program.)
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Dean Phillips
Democratic Representative
Minnesota
Financial Services Committee
Finance and Financial Sector
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Community Development Financial Institutions FundCommunity life and organizationGovernment lending and loan guaranteesHousing and community development fundingSecurities