,,ii #aah? ,,congress #a/ ,session ,s4 #hfi ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #af1 #bjbc,ms4 ,smi? 7= h]self1 ,mr4 ,r\nds1 ,ms4 ,lummis1 ,mr4 ,da9es1 ,mr4 ,moran1 ,ms4 ,klobu*>1 ,mr4 ,m55dez1 & ,mr4 ,w>n]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid to reau?orize & improve ! community developm5t f9ancial in/itutions bond gu>antee program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,,cdfi ,bond ,gu>antee ,program ,improvem5t ,act ( #bjbc4 #b4 ,s5se ( ,congress ,x is ! s5se ( ,congress t ! au?ority to gu>antee bonds "u section #aad;,a ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgac;a7 7commonly ref]r$ to z ! ,,cdfi ,bond ,gu>antee ,program7 provides community developm5t f9ancial in/itutions ) a su/a9able s\rce ( long-t]m capital & fur!rs ! mission ( ! ,community ,developm5t ,f9ancial ,in/itutions ,fund 7e/abli%$ "u section #ajd7;a7 ( su* ,act 7#ab ,u4,s4,c4 #dgjc7;a77 to increase economic opportunity & promote community developm5t inve/m5ts = und]s]v$ populations & di/ress$ communities 9 ! ,unit$ ,/ates4 #c4 ,gu>antees = bonds & notes issu$ = community or economic developm5t purposes 7a7 ,9 g5]al ,section #aad;,a ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgac;a7 is am5d$-- 7#a7 9 subsection 7c77#b71 by /rik+ 1 multipli$ by an am\nt equal to ! out/&+ pr9cipal balance ( issu$ notes or bonds2 7#b7 by am5d+ subsection 7e77#b7 to read z foll[s3 7#b7 ,limitation on gu>antee am\nt ,! ,secret>y may n gu>antee any am\nt "u ! program equal to less ?an #be1jjj1jjj1 b ! total ( all su* gu>antees 9 any fiscal ye> may n exce$ #a1jjj1jjj1jjj4 2 & 7#c7 9 subsection 7k71 by /rik+ ,septemb] #cj1 #bjad & ins]t+ ! date t is #d ye>s aft] ! date ( enactm5t ( ! ,,cdfi ,bond ,gu>antee ,program ,improvem5t ,act ( #bjbc4 7b7 ,cl]ical am5dm5t ,! table ( cont5ts 9 section #a7;b7 ( ! ,riegle ,community ,developm5t & ,regulatory ,improvem5t ,act ( #aiid 7,public ,law #ajc-cae2 #ajh ,/at4 #bafj7 is am5d$ by ins]t+ aft] ! item relat+ to section #aad ! foll[+3 ,sec4 #aad;,a4 ,gu>antees = bonds & notes issu$ = community or economic developm5t purposes4 4 #d4 ,report on ! ,,cdfi bond gu>antee program ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & n lat] ?an #c ye>s aft] su* date ( enactm5t1 ! ,secret>y ( ! ,treasury %all issue a report to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives on ! effectiv5ess ( ! ,,cdfi bond gu>antee program e/abli%$ "u section #aad;,a ( ! ,community ,developm5t ,bank+ & ,f9ancial ,in/itutions ,act ( #aiid 7#ab ,u4,s4,c4 #dgac;a74