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) revises the amount 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.)
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2022-07-28 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2022-07-27 | Floor | Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended. (consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127) | House floor actions |
| 2022-07-27 | Floor | Pursuant to the provisions of H. Res. 1254, proceedings on H.R. 7733 are considered vacated. | House floor actions |
| 2022-07-26 | Floor | At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. | House floor actions |
| 2022-07-26 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 7733. | House floor actions |
| 2022-07-26 | Floor | Considered under suspension of the rules. (consideration: CR H7127-7128) | House floor actions |
| 2022-07-26 | Floor | Ms. Waters moved to suspend the rules and pass the bill, as amended. | House floor actions |
| 2022-06-07 | Calendars | Placed on the Union Calendar, Calendar No. 266. | House floor actions |
| 2022-06-07 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 117-352. | House floor actions |
| 2022-05-17 | Committee | Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote. | House committee actions |
| 2022-05-17 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2022-05-12 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2022-05-12 | IntroReferral | Introduced in House | Library of Congress |