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.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2020-05-12 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2020-05-12 | IntroReferral | Introduced in House | Library of Congress |