A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to provide for capitalization assistance to enhance liquidity.

S 2718 amends the Community Development Banking and Financial Institutions Act of 1994 to expand liquidity support for community development financial institutions (CDFIs). The bill increases annual funding from $5 million to $20 million and allows the Fund to purchase CDFI loans, provide guarantees, or offer other support to boost CDFI liquidity. It also broadens eligibility to include non-CDFI organizations focused on community development, with priority given to those with experience in loan structures or serving underserved areas. The bill requires annual reports to Congress detailing how funds are used, including loan purchases, housing support, and impacts on CDFI competitiveness and liquidity.