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HR 704 115th Congress House

Small Business and Community Investments Expansion Act of 2017

Official title: To amend the Federal Home Loan Bank Act to expand the purposes of advances and collateral available to community development financial institutions.

Introduced: January 27, 2017 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationCredit and credit marketsHousing and community development funding
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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
Jan 27, 2017
Referred to the House Committee on Financial Services.
Jan 27, 2017
Introduced in House
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 Latest action January 27, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Small Business and Community Investments Expansion Act of 2017

This bill amends the Federal Home Loan Bank Act to authorize a Federal Home Loan Bank to make a long-term secured advance for the purpose of providing funds to a community development financial institution. Additionally, the bill expands eligible collateral, in the case of a community development financial institution, to include secured loans or securities representing a whole interest in secured loans.

 Related & companion bills 1
  • HR 1355 Reintroduction of Small Business and Community Investments Expansion Act of 2015
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 704: Small Business and Community Investments Expansion Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-704/
MLA
"H.R. 704: Small Business and Community Investments Expansion Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-704/.
Bluebook (legal)
H.R. 704, 115th Cong. (2026), https://openamerica.io/bill/115-HR-704/.
Markdown link
[H.R. 704: Small Business and Community Investments Expansion Act of 2017](https://openamerica.io/bill/115-HR-704/)
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