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HR 4822 106th Congress House

American Communities Investment Act of 1999

Official title: To amend the Housing and Community Development Act of 1974 and the Federal Home Loan Bank Act to increase capital available to communities for community and ec… Show full official titleShow less

Official title: To amend the Housing and Community Development Act of 1974 and the Federal Home Loan Bank Act to increase capital available to communities for community and economic development projects, and for other purposes.

Introduced: September 6, 2000 See on congress.gov
Finance and Financial Sector Administrative procedureBank capitalBank loansCommunity development banking
More subjectsShow fewer subjects
Community development corporationsCongressCongressional investigationsCongressional reporting requirementsEconomics and Public FinanceEnterprise zonesFederal Home Loan Bank BoardFederal advisory bodiesFederal aid to community developmentFederal home loan banksFederally-assisted loansFederally-guaranteed loansGovernment Operations and PoliticsGovernment corporationsGovernment lending
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) 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
Jul 31, 2000
Referred to the Subcommittee on Housing and Community Opportunity.
Jul 11, 2000
Referred to the House Committee on Banking and Financial Services.
Jul 11, 2000
Introduced in House
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 Latest action July 31, 2000

Referred to the Subcommittee on Housing and Community Opportunity.

 Plain-English summary Congressional Research Service
American Communities Investment Act of 1999 - Amends the Housing and Community Development Act of 1974 to revise requirements for the maximum amount of outstanding loan guarantees for a single issuer in connection with community development. Mandates participation of the major stakeholders in the community in which activities funded with guaranteed obligations will be implemented.

Amends the Federal Home Loan Bank Act to set forth parameters within which: (1) Federal home loan banks may make advances to a nonmember mortgagee for community lending purposes; and (2) each Federal home loan bank shall establish a Community Lending Fund to facilitate community lending by its members and nonmember mortgagees.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 7
All 7 Democratic 6
D
Davis, Danny K.
Illinois · Sep 6, 2000
 D
DeGette, Diana
Colorado · Sep 6, 2000
FROST, MARTIN
· Sep 6, 2000
 D
Kaptur, Marcy
Ohio · Sep 6, 2000
 D
Norton, Eleanor Holmes
District of Columbia · Sep 6, 2000
 D
Thompson, Bennie G.
Mississippi · Sep 6, 2000
 D
Waters, Maxine
California · Sep 6, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4822: American Communities Investment Act of 1999. 106th Congress. Open America. https://openamerica.io/bill/106-HR-4822/
MLA
"H.R. 4822: American Communities Investment Act of 1999." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-4822/.
Bluebook (legal)
H.R. 4822, 106th Cong. (2026), https://openamerica.io/bill/106-HR-4822/.
Markdown link
[H.R. 4822: American Communities Investment Act of 1999](https://openamerica.io/bill/106-HR-4822/)
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