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United States · Bill · S

S. 1442 (118th)

Scaling Community Lenders Act of 2023

openUnited States· United States Congress· EN

Introduced

4 May 2023

Last action

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.

Sponsors

Subjects

Discovery layer

Source updated

30 May 2026

Summary

Scaling Community Lenders Act of 2023 This bill allows the Community Development Financial Institutions Fund to provide funds for guarantees, loan loss reserves, or other forms of credit to promote liquidity for Community Development Financial Institutions. The bill also removes matching requirements, establishes eligibility requirements and projects prioritization, and increases the cap on the allowed assistance available to an organization. The bill also allows the Emergency Capital Investment Fund to provide assistance for these purposes.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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