Voice your opinion on congressional bill S3441-117 and let lawmakers know your stance with UnPac!

Main Subject: Finance and financial sector

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.)

HR7733-117, HR2543-117,

Senate Actions

Committee
Sep. 20 2022	Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.
Apr. 26 2022	Committee on Banking, Housing, and Urban Affairs. Hearings held.
Jan. 05 2022	Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Hearings held.

IntroReferral
Jan. 05 2022	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Library of Congress Actions

IntroReferral
Jan. 05 2022	Introduced in Senate

Senate bill S3441-117

CDFI Bond Guarantee Program Improvement Act of 2022

Promote the cause!

Or use this QR code