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H.R. 1123 115th Congress House

HBCU Capital Financing Improvement Act

Official title: To amend the Higher Education Act of 1965 to modify certain provisions relating to the capital financing of historically Black colleges and universities.

Introduced: March 9, 2018 Introduced by: Alma S. Adams Democratic · North Carolina See on congress.gov
Education Education programs fundingGovernment lending and loan guaranteesHigher educationMinority educationSecurities
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 16, 2017
Referred to the House Committee on Education and the Workforce.
Feb 16, 2017
Introduced in House
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 Latest action February 16, 2017

Referred to the House Committee on Education and the Workforce.

 Plain-English summary Congressional Research Service

HBCU Capital Financing Improvement Act

This bill amends title III (Institutional Aid) of the Higher Education Act of 1965 to modify the HBCU Capital Financing Program. (The program guarantees low-cost private loans to historically black colleges and universities [HBCUs] to finance infrastructure repairs, maintenance, and construction.)

It replaces statutory references to "escrow account" with "bond insurance fund."

The bill authorizes the Department of Education to provide financial counseling that prepares an eligible HBCU to qualify for, apply for, and maintain a capital improvement loan.

It revises and expands reporting requirements for the HBCU Capital Financing Advisory Board.

 Related & companion bills 2
  • S 2268 HBCU Capital Financing Improvement Act
  • HR 4508 PROSPER Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Democratic 2 Republican 1
D
Cohen, Steve
Tennessee · Mar 9, 2018
Byrne, Bradley
· Feb 16, 2017
 R
Hill, J. French
Arkansas · Feb 16, 2017
 D
Sewell, Terri A.
Alabama · Feb 16, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1123: HBCU Capital Financing Improvement Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-1123/
MLA
"H.R. 1123: HBCU Capital Financing Improvement Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-1123/.
Bluebook (legal)
H.R. 1123, 115th Cong. (2026), https://openamerica.io/bill/115-HR-1123/.
Markdown link
[H.R. 1123: HBCU Capital Financing Improvement Act](https://openamerica.io/bill/115-HR-1123/)
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