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H.R. 7733 117th Congress House

CDFI Bond Guarantee Program Improvement Act of 2022

Official title: To amend the Community Development Banking and Financial Institutions Act of 1994 to reauthorize and improve the community development financial institutions b… Show full official titleShow less

Official title: To amend the Community Development Banking and Financial Institutions Act of 1994 to reauthorize and improve the community development financial institutions bond guarantee program, and for other purposes.

Introduced: May 12, 2022 Introduced by: Emanuel Cleaver Democratic · Missouri See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationBusiness investment and capitalCommunity Development Financial Institutions FundCommunity life and organization
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Congressional oversightCredit and credit marketsGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsHousing and community development fundingSecurities
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2022
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 27, 2022
Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended. (consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
Jul 27, 2022
Pursuant to the provisions of H. Res. 1254, proceedings on H.R. 7733 are considered vacated.
Jul 27, 2022
Passed/agreed to in House: Pursuant to section 5 of H. Res. 1254, and the motion offered by Mr. Kildee, the following bills passed under suspension of the rules: H.R. 623, as amended; H.R. 3952, as amended; H.R. 3962, as amended; H.R. 4551; H.R. 5313, as amended; H.R. 6933; H.R. 7132, as amended; H.R. 7361; H.R. 7569; H.R. 7624, as amended; H.R. 7733, as amended; and H.R. 7981, as amended.(consideration: CR H7197-7211, H7219-7220, H7223-7237; text: 07/26/2022 CR H7127)
Jul 26, 2022
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jul 26, 2022
DEBATE - The House proceeded with forty minutes of debate on H.R. 7733.
Jul 26, 2022
Considered under suspension of the rules. (consideration: CR H7127-7128)
Jul 26, 2022
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jun 7, 2022
Placed on the Union Calendar, Calendar No. 266.
Jun 7, 2022
Reported (Amended) by the Committee on Financial Services. H. Rept. 117-352.
May 17, 2022
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
May 17, 2022
Committee Consideration and Mark-up Session Held.
May 12, 2022
Referred to the House Committee on Financial Services.
May 12, 2022
Introduced in House
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 Latest action July 28, 2022

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

CDFI Bond Guarantee Program Improvement Act of 2022

This bill reauthorizes for four years and otherwise revises the Community Development Financial Institutions (CDFI) Bond Guarantee Program. Specifically, the bill (1) reduces the CDFI Bond Guarantee Program minimum issuance amount from $100 million to $25 million, and (2) revises the amount to be held in a CDFI's relending account.

(CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program. The program provides financing to CDFIs through federal credit subsidies that allow CDFIs to issue bonds.)

 Related & companion bills 3
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  • HR 2543 Financial Services Racial Equity, Inclusion, and Economic Justice Act
  • S 3441 CDFI Bond Guarantee Program Improvement Act of 2022
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7733: CDFI Bond Guarantee Program Improvement Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7733/
MLA
"H.R. 7733: CDFI Bond Guarantee Program Improvement Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7733/.
Bluebook (legal)
H.R. 7733, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7733/.
Markdown link
[H.R. 7733: CDFI Bond Guarantee Program Improvement Act of 2022](https://openamerica.io/bill/117-HR-7733/)
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