H.R. 4020 · 109th Congress
Implementing Katrina Disaster Relief Through the CDFI Fund Act
- Stage
- In committee
- Sponsor
- Barney Frank
- Introduced
- 2005-10-07
- Latest action
- 2005-10-07 · Introduced in House
Summary
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.