Access to Fair Financing for Opportunity and Resilient Development Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill adds or tightens a compliance mandate provision: 2. Requirement to testify Section 104(b) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(b)) is amended by adding to the end, expands a reporting req, compliance mandate provision: 3. CDFI bond guarantee program improvement It is the sense of Congress that the authority to guarantee bonds under section 114A of the Community Development Banking, and expands a appropriation, loan guarantee, reporting req provision: 4. It relies on compliance mandates, reporting requirements, appropriations, and loan guarantees. The main policy areas are Finance and Environment.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a compliance mandate provision: 2. Requirement to testify Section 104(b) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(b)) is amended by adding to the end...
- Expands a reporting req, compliance mandate provision: 3. CDFI bond guarantee program improvement It is the sense of Congress that the authority to guarantee bonds under section 114A of the Community Development Banking...
- Expands a appropriation, loan guarantee, reporting req provision: 4.
- Expands a appropriation, grant, loan guarantee provision: 5. Native CDFI relending program Section 502 of the Housing Act of 1949 (42 U.S.C. 1472) is amended by adding at the end the following: (j)Set aside for native...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a compliance mandate provision: 2. Requirement to testify Section 104(b) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(b)) is amended by adding to the end, expands a reporting req, compliance mandate provision: 3. CDFI bond guarantee program improvement It is the sense of Congress that the authority to guarantee bonds under section 114A of the Community Development Banking, and expands a appropriation, loan guarantee, reporting req provision: 4.
Key Policy Areas
Finance, Environment
Primary Purpose
The bill adds or tightens a compliance mandate provision: 2. Requirement to testify Section 104(b) of the Community Development Banking and Financial Institutions Act of 1994 (12 U.S.C. 4703(b)) is amended by adding to the end, expands a reporting req, compliance mandate provision: 3. CDFI bond guarantee program improvement It is the sense of Congress that the authority to guarantee bonds under section 114A of the Community Development Banking, and expands a appropriation, loan guarantee, reporting req provision: 4.
Policy Domains
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Mr. Daines (for himself, Mr. Warner, Mr. Crapo, Ms. Smith, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an entity— that has been certified as a community development financial institution by the Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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