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,.

referredUnited States· United States Congress· EN

Introduced

12 May 2020

Last action

12 May 2020 · Introduced

Status

Referred to the House Committee on Financial Services.

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.)

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

12 May 2020
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
12 May 2020
Introduced
Introduced in House
Source: IntroReferral
12 May 2020
Introduced
Introduced in House
Source: IntroReferral

Votes

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Versions

Introduced in House · 12 May 2020 · Download file

Documents

3 official files

Introduced in House (text)

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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
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Introduced in House
summary · EN · 12 May 2020
Open at official source
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Related records

related to ← Promoting and Advancing Communities of Color through Inclusive Lending Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/116th-congress/house-bill/6830
Open data entity: https://api.congress.gov/v3/bill/116/hr/6830
us · 116-hr-6830 · source updated 7 April 2025