This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.
Bank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCommunity life and organizationGovernment lending and loan guaranteesMinority and disadvantaged businessesSecuritiesSmall business
To amend the CARES Act to establish a Community Capital Investment Program, and for other purposes.
USA116th CongressHR-6868| House
| Updated: 5/14/2020
This bill establishes the Community Capital Investment Program to provide capital investments and interest-free loans to community development financial institutions, minority depository institutions, and certain small credit unions and banks to support low-income borrowers.
Bank accounts, deposits, capitalBanking and financial institutions regulationBusiness investment and capitalCommunity life and organizationGovernment lending and loan guaranteesMinority and disadvantaged businessesSecuritiesSmall business