Access to Fair Financing for Opportunity and Resilient Development Act amends the Community Development Banking and Financial Institutions Act of.
Access to Fair Financing for Opportunity and Resilient Development Act amends the Community Development Banking and Financial Institutions Act of 1994 to enhance the Community Development Financial Institutions Fund's ability to support community development financial institutions. The bill increases the maximum loan amount for Native community development financial institutions from $5 million to $20 million. It also requires the Secretary of the Treasury to submit an annual report to Congress on the operations of the Fund.
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