House Passes Resolution to Reverse OCC’s Final CRA Rule
On June 29, the House of Representatives passed H.JRes.90, a Congressional Review Act resolution to reverse the Office of the Comptroller of the Currency’s (OCC) final rule on the Community Reinvestment Act.
Moving Forward Act
House Democrats present Moving Forward Act (H.R. 2), a $1.5 trillion infrastructure bill. The plan includes transportation infrastructure improvements, such as bridges and roads, but also includes education, clean water, broadband initiatives, green energy, and affordable housing.
SHELTER ACT introduced to House to alleviate affordable housing need
Congresswoman Eddie Bernice Johnson (TX-30), alongside Representatives Jared Huffman (CA-02) and Alcee L. Hastings (FL-20) introduced the COVID-19 Serving the Homeless Act by expanding the list of Tenant Eligible Residences Act of 2020, or COVID-19 SHELTER Act of...
Treasury accepting applications for 2020 funding round of the Capital Magnet Fund
The Community Development Financial Institutions (CDFI) Fund has begun accepting applications for this year’s funding round of the Capital Magnet Fund (CMF). The CMF provides grants to HFAs and CDFIs, among others to support the development, rehabilitation, and...
