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
A bill to amend the CARES Act to establish a Community Capital Investment Program, and for other purposes.
USA116th CongressS-3774| Senate
| Updated: 5/20/2020
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