The Access to Fair Financing for Opportunity and Resilient Development Act amends the Community Development Banking and Financial Institutions Act of.
The bill amends the Community Development Banking and Financial Institutions Act of 1994 to expand support for community development financial institutions, with a focus on those serving Native American, Alaska Native, and Native Hawaiian communities. It mandates the Secretary of the Treasury to provide annual reports to Congress on the Community Development Financial Institutions Fund's activities, including loan purchases and guarantees. The bill also requires the Secretary to testify annually on the Fund's operations.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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