HR 4020 · 109th Congress · Finance and Financial Sector

Implementing Katrina Disaster Relief Through the CDFI Fund Act

Introduced 2005-10-07· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2005-10-07)

Plain Language Summary

[AI summary unavailable — showing source text] Implementing Katrina Disaster Relief Through the CDFI Fund Act - Authorizes appropriations for FY2006 to the Community Development Financial Institutions Fund (Fund) in order to provide assistance to community development financial institutions located in a Hurricane Katrina affected area. Requires the Fund to limit the selection of applicants for such assistance to any financial institution that: (1) is located in a Hurricane Katrina affected area; or (2) demonstrates to the satisfaction of the Fund that it has the ability to provide capital, credit, or financial services within the Hurricane Katrina affected area.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (3)

2 Democrats1 Independent