Access to Fair Financing for Opportunity and Resilient Development Act amends the Community Development Banking and Financial Institutions Act of.
The 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 operations. It mandates the Secretary of the Treasury to submit annual reports to Congress detailing the Fund's activities. The Act also revises the CDFI bond guarantee program, increasing the maximum guarantee amount and extending the program's duration.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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