S.4255: Jobs and Neighborhood Investment Act

About This Bill

  • Introduced July 21, 2020
  • Latest Major Action July 21, 2020

Bill Sponsor

Bill Version

Bill Summary

Jobs and Neighborhood Investment Act This bill establishes investment programs and generally revises provisions related to community development financial institutions and minority depository institutions. The Department of the Treasury must establish a Neighborhood Capital Investment Program to facilitate direct capital investments in low- and moderate-income community financial institutions. To qualify for the program, these institutions...

(Source: Library of Congress)

Bill Actions

Date Description
July 21, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 21, 2020

Introduced in the Senate by Mark Warner (D-Va.)

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