S 1880 - 119Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Finance and Financial Sector
Finance and Financial Sector
Secretary of the Treasury shall issue a report to the Committee on Banking secretary of the treasury shall issue a report to the committee on banking
is amended by Community Development and Regulatory Improvement Act of 1994 ( Public Law 103–315 ; 108 Stat. 2160) is amended by inserting after the item relating
is amended by (b) Clerical Amendment.--The table of contents in section 1(b) of the Riegle Community Development and Regulatory Improvement Act of 1994 (Public Law 103-315; 108 Stat. 2160) is amended by inserting after the item relating to
12 U.S.C. 4713a rity to guarantee bonds under section 114A of the Community Development Banking and Financial Institutions Act of 1994 ( 12 U.S.C. 4713a ) (commonly r
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CDFI Bond Guarantee Program Improvement Act of 2025 This bill reauthorizes the Community Development Financial Institutions (CDFI) Bond Guarantee Program for four years and revises it to allow for a greater number of participants. 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 CDFIs with financing for community and economic development projects through federal credit subsidies that allow CDFIs to issue bonds. The bill (1) reduces the program’s minimum loan amount from $100 million to $25 million, (2) eliminates the cap on the annual number of guarantees, and (3) revises the maximum amount that may be held in a CDFI's relending account for secondary loans.
![Sen. Smith, Tina [D-MN]](https://www.congress.gov/img/member/s001203_200.jpg)
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.