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To authorize appropriations for the Community Development Financial Institutions Fund providing financial assistance and technical assistance for the benefit of certain minority communities, and for other purposes.

2/9/2022, 2:28 AM

Congressional Summary of HR 7121

This bill authorizes additional funding for financial assistance and technical assistance under the Community Development Financial Institutions Fund, with a specified amount set aside for minority lending institutions.

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Current Status of Bill HR 7121

Bill HR 7121 is currently in the status of Bill Introduced since June 8, 2020. Bill HR 7121 was introduced during Congress 116 and was introduced to the House on June 8, 2020.  Bill HR 7121's most recent activity was Referred to the House Committee on Financial Services. as of June 8, 2020

Bipartisan Support of Bill HR 7121

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7121

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Banking and financial institutions regulation
- Community Development Financial Institutions Fund
- Indian social and development programs

Alternate Title(s) of Bill HR 7121

To authorize appropriations for the Community Development Financial Institutions Fund providing financial assistance and technical assistance for the benefit of certain minority communities, and for other purposes.
To authorize appropriations for the Community Development Financial Institutions Fund providing financial assistance and technical assistance for the benefit of certain minority communities, and for other purposes.

Comments

Sponsors and Cosponsors of HR 7121

Alma S. Adams
Alma S. Adams
North CarolinaDemocrat

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