3.0.0 1880 2026-05-27T18:38:11Z 2026-05-27T18:38:11Z Senate S S 2025-05-22 119 https://www.congress.gov/bill/119th-congress/senate-bill/1880 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred To 2025-05-22T17:51:53Z 2025-05-22 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2025-05-22 Introduced in Senate IntroReferral 10000 9 Library of Congress S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN N R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD 2025-05-22 True B001288 Sen. Booker, Cory A. [D-NJ] Cory Booker D NJ 2025-05-22 True D000618 Sen. Daines, Steve [R-MT] Steve Daines R MT 2025-05-22 True S001232 Sen. Sheehy, Tim [R-MT] Tim Sheehy R MT 2025-05-22 True H000273 Sen. Hickenlooper, John W. [D-CO] John Hickenlooper D CO W. 2025-05-22 True K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2025-05-22 True H001079 Sen. Hyde-Smith, Cindy [R-MS] Cindy Hyde-Smith R MS 2025-05-22 True G000574 Sen. Gallego, Ruben [D-AZ] Ruben Gallego D AZ 2025-05-22 True L000571 Sen. Lummis, Cynthia M. [R-WY] Cynthia Lummis R WY M. 2025-05-22 True B001303 Sen. Blunt Rochester, Lisa [D-DE] Lisa Blunt Rochester D DE 2025-05-22 True C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2025-05-22 True W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. 2025-09-11 False Finance and Financial Sector Finance and Financial Sector 2025-06-13T17:56:07Z 00 2025-05-22 Introduced in Senate 2026-05-27T18:37:23Z 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.

]]> CDFI Bond Guarantee Program Improvement Act of 2025 Display Title 45 CDFI Bond Guarantee Program Improvement Act of 2025 2025-09-12T11:03:19Z Short Title(s) as Introduced 101 CDFI Bond Guarantee Program Improvement Act of 2025 2025-06-04T03:23:26Z Introduced in Senate IS Official Title as Introduced 6 A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to reauthorize and improve the community development financial institutions bond guarantee program, and for other purposes. 2025-06-04T03:18:41Z Introduced in Senate IS Introduced in Senate 2025-05-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-119s1880is/xml/BILLS-119s1880is.xml 2025-05-22 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.