Scaling Community Lenders Act of 2022
Summary
Scaling Community Lenders Act of 2022 This bill allows the Community Development Financial Institutions Fund to provide guarantees, loan loss reserves, or other forms of credit to promote liquidity for Community Development Financial Institutions. The bill also removes matching requirements, establishes eligibility requirements and projects prioritization, and increases the cap on the allowed assistance available to an organization.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jul 2022
Committee Review
Floor Vote
President
Introduced Jul 14, 2022
Last action Jul 14, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jul 14, 2022
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Jul 14, 2022
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor
Sponsors
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