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Wednesday, July 8, 2020 | History

4 edition of H.R. 3617, Reauthorization of the Community Development Financial Institutions Fund found in the catalog.

H.R. 3617, Reauthorization of the Community Development Financial Institutions Fund

hearing before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Banking and Financial Services, U.S. House of Representatives, One hundred fifth Congress, second session, June 17, 1998.

by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit.

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  • 33 Currently reading

Published by U.S. G.P.O., For sale by the U.S. G.P.O., Supt. of Docs., Congressional Sales Office in Washington .
Written in English

    Places:
  • United States.
    • Subjects:
    • Community development -- Law and legislation -- United States.,
    • Financial institutions -- Law and legislation -- United States.,
    • Federal aid to community development -- United States.

    • Edition Notes

      Other titlesHR 3617, Reauthorization of the Community Development Financial Institutions Fund
      Classifications
      LC ClassificationsKF27 .B5364 1998c
      The Physical Object
      Paginationiii, 276 p. :
      Number of Pages276
      ID Numbers
      Open LibraryOL71795M
      ISBN 100160575761
      LC Control Number99172284
      OCLC/WorldCa40399809

      Community Development Financial Institutions Fund Institution Level Report Data Release Protocol July To assure the privacy of Community Development Financial Institutions (CDFIs) and Community Development Entities (CDEs), the CDFI Fund has designed a set of procedures to Community Development Impact All data in this section are provided. Subtotal, Community Development Financial Institutions Fund $, $, $, $3, % Offsetting Collections - Reimbursables $0 $ $ $ NA User Fees $0 $0 $ $ NA Recovery from Prior Years $2, $6, $4, $2, % Unobligated Balances from Prior Years $35, $31, $27, ($7,)% Total Program.

      COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND // March 4 CDFI Fund Programs The CDFI Fund invests in and support CDFIs, CDEs, and other financial institutions through: CDFI Program & Native American CDFI Assistance (NACA) Program ‒Financial Assistance (FA) Awards ‒Technical Assistance (TA) Grants. CONTACT. California Department of Housing & Community Development West El Camino Avenue Sacramento, CA Mobilehome Registration and Titling.

      The FY request for the Community Development Financial Institutions Fund (CDFI Fund) will ensure that the CDFI Fund meets its mission of iing economic ncreas opportunity and promoting community development investments for underserved populations and in distressed communities in the United States. Through its various programs and initiatives. 12 CFR defines a CDFI to be an institution that is certified as a community development financial institution by the CDFI Fund under the Community Development Banking and Financial Institutions Act of , other than a bank or savings association insured under the Federal Deposit Insurance Act, a holding company for such a bank or.


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H.R. 3617, Reauthorization of the Community Development Financial Institutions Fund by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit. Download PDF EPUB FB2

The bill, H.R. of course is a first step, and this hearing today the orderly next step in doing our job to review the present and future of the Community Development Financial Institutions Fund program for CDFI and other financial institutions that are benefited.

H.R.Reauthorization of the Community Development Financial Institutions Fund: hearing before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Banking and Financial Services, U.S.

House of Representatives, One. grants, loans, equity investments and awards to fund technical assistance to community development financial institutions (CDFIs).

The CDFI Fund is unique among federal agencies because it takes an entrepreneurial approach to its programs, funding and strengthening institutions. H.R. —REAUTHORIZATION OF THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND, AND H.R. —THE PROGRAM FOR INVESTMENT IN MICROENTREPRENEURS ACT OF WEDNESDAY, U.S.

House of Representatives, Committee on Banking and Financial Services, Washington, DC. tax return in exchange for making equity investments in specialized financial institutions called Community Development Entities (CDEs). A CDE is an organization certified by the CDFI Fund that acts as a financial intermediary through which investment capital flows from an investor to a qualified business located in a low-income community.

Financial Institutions Safety and Consumer Choice Act of (H.R. ): hearing before the Subcommit H.R.Reauthorization of the Community Development Financial Institutions Fund [microform]: hearin.

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. 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. Text for H.R - th Congress (): Financial Protections and Assistance for America's Consumers, States, Businesses, and Vulnerable Populations Act.

Get this from a library. H.R. reauthorization of the Community Development Financial Institutions Fund, and H.R. the Program for Investment in Microentrepreneurs Act of hearing before the Committee on Banking and Financial Services, U.S. House of Representatives, One Hundred Sixth Congress, first session, [United States.

available for the Community Development Financial Institutions Fund for the Bank Enterprise Aw ard program under this heading, $25, is hereby permanently cancelled: Pr ovided further, That no amounts may be cancelled from amounts that were designated by the Congress as an emergency or disaster relief requirement pursuant to the concurrent.

The CDFI Fund was created by the “Riegle Community Development Banking and Financial Institutions Act of ” OVERVIEW To understand the CDFI Fund, it is first necessary to describe CDFIs and what they do.

CDFIs are specialized private sector financial institutions that serve economically disadvantaged communities and consumers. As of. Community Development Financial Institutions Act ofS.

hearings before the Committee on Ban Community Development Financial Institutions Act of S. [microform]: hearings before the Comm H.R.Reauthorization of the Community Development Financial Institutions Fund [microform]: hearin.

Community Development staff at the Federal Reserve promote new and established sources of community development finance for low- and moderate-income (LMI) communities by working closely with financial institutions, community development organizations, nonprofits, foundations, research and policy centers, and government agencies.

Community Development Financial Institutions (CDFI) Fund: Programs and Policy Issues Congressional Research Service Summary As communities face a variety of economic challenges, some are looking to local banks and financial institutions for solutions that address the specific development needs of low-income and distressed communities.

H.R. (th). To amend the Community Development Banking and Financial Institutions Act of to reauthorize the Community Development Financial Institutions Fund and to more efficiently and effectively promote economic revitalization, community development, and community development financial institutions, and for other purposes.

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 Development Financial Institutions Fund Program Summary by Budget Activity Dollars in Thousands FY FY FY FY TO FY Budget Activity Enacted** Annualized CR Request $ Change % Change Community Development Financial Institutions Program $, $, $0 ($,) %.

financial services to underserved populations and communities. HISTORY The CDFI Fund was created by the Riegle Community Development Banking and Financial Institutions Act of OVERVIEW To understand the CDFI Fund it is first necessary to describe CDFIs and what they do. CDFIs are specialized private sector financial institutions that serve.

The mission of the Community Development Financial Institutions Fund (CDFI Fund) is to increase economic opportunity and promote community development investments for underserved populations and in distressed communities in the United States. Reauthorization • Congress reauthorized the Child Care and Development Block Grant (CCDBG) Act of • President Obama signed it into law on Novem • Providedn a historic re-envisioning of the Child Care and Development Fund (CCDF) program 2.Community Development Financial Institutions Fund The CDFI Program: Supporting the Organizations that Serve Low-Income Communities The U.S.

Department of the Treasury’s Community Development Financial Institutions (CDFI) Fund was established in to promote economic development in the nation’s disadvantaged urban and rural communities.community development financial institutions (CDFIs).

The goal of the CDP is to ensure access to and use of data to improve practice and attract resources to the CDFI field. This issue of. Community Development Financial Institutions: Providing Capital, Building Communities, Creating Impact.

analyzes fiscal year data collected through the CDP.