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HR 494 104th Congress House

Economic Development Loan Assistance Demonstration Program Act of 1995

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 communities.

Introduced: January 19, 1995 See on congress.gov
Economics and Public Finance CommerceCommunity development corporationsEconomic developmentEnterprise zones
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Federal aid to community developmentFinance and Financial SectorGovernment and businessHousing and Community DevelopmentInterest ratesLoans
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) 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 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1995
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 11, 1995
Referred to the House Committee on Banking and Financial Services.
Jan 11, 1995
Sponsor introductory remarks on measure. (CR E74-75)
Jan 11, 1995
Introduced in House
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 Latest action January 27, 1995

Referred to the Subcommittee on Housing and Community Opportunity.

 Plain-English summary Congressional Research Service

Economic Development Loan Assistance Demonstration Program Act of 1995 - Directs the Secretary of Housing and Urban Development to establish a demonstration program (and authorizes loan assistance grants) to encourage economic development in five enterprise communities through grants to community development corporations for reducing interest rates on economic development loans. Authorizes appropriations.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Clyburn, James E.
South Carolina · Jan 19, 1995
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 494: Economic Development Loan Assistance Demonstration Program Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-494/
MLA
"H.R. 494: Economic Development Loan Assistance Demonstration Program Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-494/.
Bluebook (legal)
H.R. 494, 104th Cong. (2026), https://openamerica.io/bill/104-HR-494/.
Markdown link
[H.R. 494: Economic Development Loan Assistance Demonstration Program Act of 1995](https://openamerica.io/bill/104-HR-494/)
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