CDFI Bond Guarantee Program Improvement Act of 2025 has not moved since its introduction on May 22, 2025, with cosponsors split almost evenly between the parties
Written by the Congressional Research Service [2]. 124 words.
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.
- Committees
- Senate Banking, Housing, and Urban Affairs Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 1 of 263 bills enacted since 2013
- Text versions
- 1: introduced in senate · 406 words
- Latest action
- May 22, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.