HR 6329
To provide supplemental appropriations to the Community Development Financial Institutions Fund, and for other purposes.
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Bill overview
This bill requests an additional $1 billion in funding for the Community Development Financial Institutions Fund. This fund supports organizations that provide financial and technical assistance to small businesses and communities in underserved areas. The money will be used to help these organizations offer loans and other services to promote economic development. The bill specifically directs that certain restrictions on how this funding can be used will be temporarily waived.
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