S. 3441 (117th)

CDFI Bond Guarantee Program Improvement Act of 2022

openUnited States· United States Congress· EN

Introduced

5 January 2022

Last action

20 September 2022 · Committee

Status

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.

Summary

CDFI Bond Guarantee Program Improvement Act of 2022 This bill permanently reauthorizes and otherwise revises the Community Development Financial Institutions (CDFI) Bond Guarantee Program. Specifically, the bill (1) reduces the CDFI Bond Guarantee Program minimum issuance amount from $100 million to $25 million, and (2) reduces the amount allowed to be held in a CDFI's relending account. (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. The program provides financing to CDFIs through federal credit subsidies that allow CDFIs to issue bonds.)

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

Timeline

5 January 2022
Committee
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-348.
Source: Committee
5 January 2022
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
5 January 2022
Introduced
Introduced in Senate
Source: IntroReferral
26 April 2022
Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Source: Committee
20 September 2022
Committee
Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held. With printed Hearing: S.Hrg. 117-750.
Source: Committee

Votes

No vote records are attached yet.

Versions

Introduced in Senate · 5 January 2022 · Download file

Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 5 January 2022
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Introduced in Senate (PDF)
Introduced in Senate · EN · 5 January 2022
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Introduced in Senate
summary · EN · 5 January 2022
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Related records

related to → Financial Services Racial Equity, Inclusion, and Economic Justice Act
related to ← CDFI Bond Guarantee Program Improvement Act of 2022

Sources

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

Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3441
Open data entity: https://api.congress.gov/v3/bill/117/s/3441
us · 117-s-3441 · source updated 30 May 2026