Bill · S. 2718· Senate(119-S-2718)
A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to provide for capitalization assistance to enhance liquidity.
- Introduced
- 9/4/2025
- Last activity
- 9/4/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Mark Warner
- Cosponsors
- - 2 - 4
- Introduced
- In Committee
What this bill would do
This bill seeks to amend the Community Development Banking and Financial Institutions Act of 1994. The primary goal is to provide capitalization assistance to increase liquidity. It expands how the Fund can provide assistance, including purchasing loans and providing guarantees or credit enhancements. It also changes the amount of assistance and the criteria for selecting organizations. Additionally, the bill updates how funds are deposited and requires annual reports from the Secretary of the Treasury.
Yes· 3 of 9
Does this make it easier to run a small business?+4
The bill enhances liquidity for institutions that serve borrowers with significant unmet capital or financial services needs.
Would households on low incomes be better off under this?+4
Targeted financial assistance for underserved borrowers can assist low-income communities.
Does this make what the government does easier for the public to see?+4
The bill mandates annual reports from the Secretary of the Treasury to Congress regarding the use of the Fund.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased Liquidity for Financial Institutions: The Fund may provide money to purchase loans, provide guarantees, or offer loan loss reserves to help community development financial institutions enhance their liquidity (Section 1, subsection (a)(1)).
-
Support for Unmet Financial Needs: The Fund is directed to prioritize organizations that support community development financial institutions serving borrowers who have experienced significant unmet capital or financial services needs (Section 1, subsection (a)(2)(3)(C)).
-
Broad Geographic Coverage: Priority is given to organizations that support community development financial institutions representing broad geographic coverage (Section 1, subsection (a)(2)(3)(C)).
-
Capacity Building: The bill encourages the selection of organizations that can increase the number or dollar volume of loan originations or expand products and services, potentially by leveraging private capital (Section 1, subsection (a)(2)(3)(B)).
Potential Negative Impacts for People
- Discretionary Use of Funds: The selection of organizations to receive assistance and the specific amount of assistance provided is left to the discretion of the Fund based on its own established criteria (Section 1, subsection (a)(2)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+4Improves Economic Growth+3Increases Job Creation+3
- Demographic And Interest Groups
- Good For Low Income Households+4Good For Business Owners+3Good For Urban Residents+2
- Social Issues And Justice
- Improves Affordable Housing+3Improves Poverty Reduction+3
- Governance And Ideology
- Improves Government Transparency+4
- 9/9/2025
- 1 Cosponsor added.
- 9/4/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 5 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Mike CrapoRepublican · Idaho
Steve DainesRepublican · Montana
Cindy Hyde-SmithRepublican · Mississippi
Cynthia LummisRepublican · Wyoming
Gary PetersDemocrat · Michigan
Tina SmithDemocrat · Minnesota