CDFI Bond Guarantee Program Improvement Act of 2025

United States119th CongressS-1880Senate
Updated: May 22, 2025

Summary

This legislation, titled the "CDFI Bond Guarantee Program Improvement Act of 2025," aims to strengthen and extend the Community Development Financial Institutions (CDFI) Bond Guarantee Program . Congress emphasizes that this program is crucial for providing CDFIs with sustainable, long-term capital, thereby increasing economic opportunity and promoting community development in underserved areas. The bill makes several key amendments to the program, including removing a specific multiplier from the guarantee calculation. It revises the guarantee amount limitation, establishing a minimum guarantee of $25,000,000 per bond issuance and raising the total annual guarantee cap to $1,000,000,000 . Additionally, the program's authorization is extended for an additional four years after the date of enactment, and the Secretary of the Treasury is mandated to submit two reports to Congress assessing its effectiveness.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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