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,.

Summary

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.)

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 12 May 2020

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• Introduced in House (PDF)

  Introduced in House · EN · 12 May 2020

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 12 May 2020

  Open at official source

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