Mark Warner (D-VA)
A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to provide for capitalization assistance to enhance liquidity.
A Democratic bill with 4 Republican cosponsors · See all 6 cosponsors
Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill seeks to amend the Community Development Banking and Financial Institutions Act of 1994. The primary goal is to provide capitalization assistance to increase liquidity. It expands how the Fund can provide assistance, including purchasing loans and providing guarantees or credit enhancements. It also changes the amount of assistance and the criteria for selecting organizations. Additionally, the bill updates how funds are deposited and requires annual reports from the Secretary of the Treasury.
Yes· 3 of 9
- Scored +4
Does this make it easier to run a small business?
The bill enhances liquidity for institutions that serve borrowers with significant unmet capital or financial services needs.
- Scored +4
Would households on low incomes be better off under this?
Targeted financial assistance for underserved borrowers can assist low-income communities.
- Scored +4
Does this make what the government does easier for the public to see?
The bill mandates annual reports from the Secretary of the Treasury to Congress regarding the use of the Fund.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Liquidity for Financial Institutions: The Fund may provide money to purchase loans, provide guarantees, or offer loan loss reserves to help community development financial institutions enhance their liquidity (Section 1, subsection (a)(1)).
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Support for Unmet Financial Needs: The Fund is directed to prioritize organizations that support community development financial institutions serving borrowers who have experienced significant unmet capital or financial services needs (Section 1, subsection (a)(2)(3)(C)).
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Broad Geographic Coverage: Priority is given to organizations that support community development financial institutions representing broad geographic coverage (Section 1, subsection (a)(2)(3)(C)).
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Capacity Building: The bill encourages the selection of organizations that can increase the number or dollar volume of loan originations or expand products and services, potentially by leveraging private capital (Section 1, subsection (a)(2)(3)(B)).
Potential Negative Impacts for People
- Discretionary Use of Funds: The selection of organizations to receive assistance and the specific amount of assistance provided is left to the discretion of the Fund based on its own established criteria (Section 1, subsection (a)(2)(1)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Economy And Finance
- Does this make it easier to run a small business? — The bill enhances liquidity for institutions that serve borrowers with significant unmet capital or financial services needs. Is this likely to grow the economy? — The expansion of liquidity for community development financial institutions is intended to support economic activity through increased lending. Is this likely to create jobs? — The bill aims to increase the volume of loan originations through community development financial institutions.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — Targeted financial assistance for underserved borrowers can assist low-income communities. Would business owners be better off under this? — Increased liquidity in community development financial institutions can facilitate more loan originations for small businesses. Would people in cities be better off under this? — The bill supports broad geographic coverage which can include significant urban community development.
- Social Issues And Justice
- Does this make housing cost less? — The bill requires annual reports to include information on loans that support affordable housing construction. Is this likely to lift people out of poverty? — By prioritizing institutions that serve borrowers with unmet financial needs, the bill supports financial inclusion for low-income individuals.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill mandates annual reports from the Secretary of the Treasury to Congress regarding the use of the Fund.
- 9/9/2025
- 1 Cosponsor added.
- 9/4/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 5 Cosponsors added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Mike CrapoRepublican · Idaho
Steve DainesRepublican · Montana
Cindy Hyde-SmithRepublican · Mississippi
Cynthia LummisRepublican · Wyoming
Gary PetersDemocrat · Michigan
Tina SmithDemocrat · Minnesota