S. 2718: A bill to amend the Community Development Banking and Financial Institutions Act of 1994 to provide for capitalization assistance to enhance liquidity.

S. 2718 is a federal bill in the 119th Congress. Community development financial institutions, which are specialized lenders that provide loans and financial services in low-income or underserved communities, often face limits on the amount of cash they have available to lend out. Today, federal rules… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.