Hearing

Virtual Hearing Entitled: Promoting Inclusive Lending During the Pandemic: Community Development Financial Institutions and Minority Depository Institutions
Wednesday, June 3, 2020 12:00 PM in Cisco WebEx

Click here for the LIVE WEBCAST of this hearing.

Click here for the Committee Memorandum.

Legislation

  • H.R. 5315 , the " Expanding Opportunity for MDIs Act."

  • H.R. 5322, the "Ensuring Diversity in Community Banking Act."

  • H.R. 6476, To amend the CARES Act to establish a loan program to provide liquidity to eligible lenders for the purpose of providing loans under the Paycheck Protection Program, and for other purposes.

  • H.R. 6775, the "Consumer Abuse Remediation Enhancement (CARE) Act."

  • H.R. 6830To reduce the minimum issuance guarantee amount under the CDFI Bond Guarantee Program, and for other purposes.

  • H.R. 6868, To amend the CARES Act to establish a Community Capital Investment Program, and for other purposes.

  • H.R. 6892, To amend the CARES Act to add requirements for the Main Street Lending Program related to non-profit organizations, small businesses, minority depository institutions, and community development financial institutions, and for other purposes.

  • H.R.___,  "Strengthening Minority Community Development Financial Institutions Act."

  • H.R.___To authorize appropriations for the Community Development Financial Institutions Fund providing financial assistance and technical assistance for the benefit of certain minority communities, and for other purposes .


Witness List

  • Ms. Lisa Mensah, President and Chief Executive Officer, Opportunity Finance Network

  • Mr. Michael T. PughPresident, Chief Executive Officer and Board Member, Carver Federal Savings Bank
  • Mr. Samuel C. Scott, Chairman, Black Chicago Tomorrow, and Co-Chair, American Business Immigration Coalition
  •  Mr. James H. Sills III, President and Chief Executive Officer, M&F Bank, on behalf of the Independent Community Bankers of America

Hearing Videos