|Series||Report / 106th Congress, 1st session, House of Representatives -- 106-183|
|Contributions||United States. Congress. House|
|The Physical Object|
|Pagination||21 p. ;|
|Number of Pages||21|
Get this from a library! Community Development Financial Institutions Fund Amendments Act of report together with dissenting views (to accompany H.R. ) (including cost estimate of the Congressional Budget Office).. [United States. Congress. House. Committee on . Issue Background: Community Development Financial Institutions Fund The Community Development Financial Institutions (CDFI) Fund provides support to qualified community-based financial institutions to promote revitalization of distressed neighborhoods across the United States through economic investment. Since the establishment of the CDFI Fund, more than $ billion has been awarded to. Community development financial institutions, or CDFIs, are banks and credit unions that focus on serving people who would otherwise be locked out of the financial system. The Community Reinvestment Act (CRA, P.L. , 91 Stat. , title VIII of the Housing and Community Development Act of , 12 U.S.C. § et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income d by: the 95th United States Congress.
The Community Development Financial Institutions Fund (CDFI Fund) plays an important role in generating economic growth and opportunity in some of our nation’s most distressed communities. By offering tailored resources and innovative programs that invest federal dollars alongside private sector capital, the CDFI Fund serves mission-driven. Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on Febru As Secretary, Mr. Mnuchin is responsible for the U.S. Treasury, whose mission is to maintain a strong economy, foster economic growth, and create job opportunities by promoting the conditions that enable prosperity at home and abroad. The Community Development Financial Institutions (CDFI) Fund is an independent agency administered by the U.S. Department of Treasury, which was established by the Riegle (D-MI) Community Development and Regulatory Improvement Act of Since . One of the prominent programs of the Department of Treasury is the Community Development Financial Institutions Fund, otherwise known as CDFI Fund. Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
by the Community Development Financial Institutions Fund on 11/25/ The Community Development Financial Institutions Fund (the Fund) issues this amendment to the Notice of Funds Availability (NOFA) published in the Federal Register on March 7, , which invited applications for the Bank Enterprise Award (BEA) Program. Community Reinvestment Act (CRA) The CRA, enacted in , requires the Federal Reserve and other federal banking regulators to encourage financial institutions to help meet the credit needs of the communities in which they do business, including low- and moderate-income (LMI) neighborhoods. Community Development Financial Institutions. Code of Federal Regulations Technical Amendments to Final Rule (Octo ) Community Development Financial Institutions Fund. Financial Crimes Enforcement Network (FinCen) Internal Revenue Service. Office of the Comptroller of the Currency. U.S. Mint. More Government Sites. Instructs the Fund to require community development financial institutions receiving assistance to compile and maintain specified user profile data. Requires the Fund to study and report to the President and the Congress on lending and investment practices on Indian reservations and other lands held in .