CDFI Bond Guarantee Program Improvement Act of 2025
Official title: A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to reauthorize and improve the community development financial institu… Show full official titleShow less
Official title: A bill 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.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CDFI Bond Guarantee Program Improvement Act of 2025
This bill reauthorizes the Community Development Financial Institutions (CDFI) Bond Guarantee Program for four years and revises it to allow for a greater number of participants.
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 CDFIs with financing for community and economic development projects through federal credit subsidies that allow CDFIs to issue bonds.
The bill (1) reduces the program’s minimum loan amount from $100 million to $25 million, (2) eliminates the cap on the annual number of guarantees, and (3) revises the maximum amount that may be held in a CDFI's relending account for secondary loans.
- Introduced in Senate Formatted Text PDF Formatted XML
- GOWEST CREDIT UNION ASSOCIATION
- AMERICAS CREDIT UNIONS, FKA CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICAS CREDIT UNIONS
- OPPORTUNITY FINANCE NETWORK
- GOWEST CREDIT UNION ASSOCIATION
- CREDIT UNION NATIONAL ASSOCIATION. INC. DBA AMERICA'S CREDIT UNIONS
- OPPORTUNITY FINANCE NETWORK
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Treasury, Dept of
- Consumer Financial Protection Bureau (CFPB)
- Federal Housing Finance Agency (FHFA)
- Federal Reserve System
- Defense, Dept of (DOD)
- Executive Office of the President (EOP)
Cite this page
U.S. Congress. (2026). S. 1880: CDFI Bond Guarantee Program Improvement Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-S-1880/
"S. 1880: CDFI Bond Guarantee Program Improvement Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-1880/.
S. 1880, 119th Cong. (2026), https://openamerica.io/bill/119-S-1880/.
[S. 1880: CDFI Bond Guarantee Program Improvement Act of 2025](https://openamerica.io/bill/119-S-1880/)