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HR 1588 102th Congress House

Economic Development Loan Assistance Demonstration Program Act of 1991

Official title: To authorize the Secretary of Housing and Urban Development to carry out a demonstration program to make grants to community development corporations for reduc… Show full official titleShow less

Official title: To authorize the Secretary of Housing and Urban Development to carry out a demonstration program to make grants to community development corporations for reducing interest rates on loans for economic development activities in 5 federally designated enterprise zones.

Introduced: March 21, 1991 See on congress.gov
Economics and Public Finance Community development corporationsEconomic developmentEnterprise zonesFederal aid to community development
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Government and businessHousing and Community DevelopmentInterest rates
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 1, 1991
Referred to the Subcommittee on Housing and Community Development.
Mar 21, 1991
Referred to the House Committee on Banking, Finance + Urban Affrs.
Mar 21, 1991
Introduced in House
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 Latest action April 1, 1991

Referred to the Subcommittee on Housing and Community Development.

 Plain-English summary Congressional Research Service

Economic Development Loan Assistance Demonstration Program Act of 1991 - Directs the Secretary of Housing and Urban Development to establish a demonstration program to encourage economic development in five enterprise zones through grants to community development corporations for reducing interest rates on economic development loans.

Authorizes specified appropriations to carry out such program in FY 1991 through 1993.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 1
GEPHARDT, RICHARD
· Apr 16, 1991
LIPINSKI, WILLIAM
· Apr 16, 1991
 D
Mfume, Kweisi
Maryland · Mar 21, 1991
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1588: Economic Development Loan Assistance Demonstration Program Act of 1991. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-1588/
MLA
"H.R. 1588: Economic Development Loan Assistance Demonstration Program Act of 1991." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-1588/.
Bluebook (legal)
H.R. 1588, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-1588/.
Markdown link
[H.R. 1588: Economic Development Loan Assistance Demonstration Program Act of 1991](https://openamerica.io/bill/102-HR-1588/)
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