HR 3161
CDFI Fund Transparency Act
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- Passed House
- Passed Senate
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Bill overview
This bill, the CDFI Fund Transparency Act, aims to increase accountability and oversight of the Community Development Financial Institutions (CDFI) Fund. It requires the Secretary of the Treasury to provide annual testimony to both the House Financial Services Committee and the Senate Banking, Housing, and Urban Affairs Committee. This testimony will cover the Fund’s operations and activities during the preceding year, allowing Congress to better understand how the fund is being used and its impact. The bill strengthens transparency around this important program.
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Primary sponsor
Cosponsors
Alexander X. Mooney
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