S 1880 United States Senate · 119th Congress

CDFI Bond Guarantee Program Improvement Act of 2025

This bill amends the CDFI Bond Guarantee Program to improve its operation. It raises the minimum guarantee amount to $25 million per bond issue, sets an annual cap of $1 billion for all guarantees, and extends the program's deadline by four years from enactment. The changes aim to provide more predictable access to long-term capital for Community Development Financial Institutions (CDFIs) serving underserved communities. The bill also requires the Treasury Secretary to submit two reports on the program's effectiveness to Congress within one and three years of enactment.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
President
Introduced May 22, 2025 Last action May 22, 2025
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Total actions
2
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0
Committee
1
May 22, 2025
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
May 22, 2025
Introduced
Introduced in Senate
upper
1 primary · 12 co-sponsors

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