# 116-hr-6830: To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,.

116-hr-6830, To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,., is a 116th Congress bill sponsored by Rep. Phillips, Dean [D-MN-3] (D-MN); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-6830
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-6830
- Congress: 116
- Title: To amend the Riegle Community Development and Regulatory Improvement Act of 1994 to establish minimum issuance amounts under the CDFI Bond Guarantee Program, and for other purposes,.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2020-05-12
- Sponsor: Rep. Phillips, Dean [D-MN-3] (D-MN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill reduces the Community Development Financial Institutions (CDFI) Bond Guarantee Program minimum issuance amount from $100 million to $25 million for FY2020, and to $50 million thereafter. (CDFIs are financial institutions serving low-income communities. Designation as a CDFI allows an institution to participate in programs such as the CDFI Bond Guarantee Program.)

## Related bills

- 116-hr-8891: To designate the facility of the United States Postal Service located at 229 Minnetonka Avenue South in Wayzata, Minnesota, as the "Jim Ramstad Post Office".
- 116-hr-8880: HONEST Enterprise Act
- 116-hr-8784: Worldwide Wind Turbine Act
- 116-hr-8745: Innovation Centers Acceleration Act
- 116-hr-8707: Middle East Advanced Military Technology Protection Act
- 116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020

## Sources
- [116-hr-6830 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/6830)

## Related
- [116-hr-8891: To designate the facility of the United States Postal Service located at 229 Mi…](https://policyrisk.com/legislation/116-hr-8891)
- [116-hr-8880: HONEST Enterprise Act](https://policyrisk.com/legislation/116-hr-8880)
- [116-hr-8784: Worldwide Wind Turbine Act](https://policyrisk.com/legislation/116-hr-8784)
- [116-hr-8745: Innovation Centers Acceleration Act](https://policyrisk.com/legislation/116-hr-8745)
- [116-hr-8707: Middle East Advanced Military Technology Protection Act](https://policyrisk.com/legislation/116-hr-8707)
- [116-hr-8702: Holding Providers Harmless From Medicare Cuts During COVID–19 Act of 2020](https://policyrisk.com/legislation/116-hr-8702)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-6830 (as of 2025-11-18).