# 119-hr-8607: Equitable Transit Oriented Development Support Act

119-hr-8607, Equitable Transit Oriented Development Support Act, is a 119th Congress bill sponsored by Rep. DeSaulnier, Mark [D-CA-10] (D-CA); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-8607
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8607
- Congress: 119
- Title: Equitable Transit Oriented Development Support Act
- Status: introduced
- Introduced: 2026-04-30
- Sponsor: Rep. DeSaulnier, Mark [D-CA-10] (D-CA)
- Cosponsors: 0
- Policy area: Transportation and Public Works
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Empower community development financial institutions (CDFIs) to finance transit‑oriented development (TOD) in low‑income neighborhoods.** The bill would create a CDFI TOD account inside the Transportation Infrastructure Finance and Innovation Act program, set rules for secured loans and revolving lending, and require Treasury and Transportation collaboration and reporting to direct federal credit toward TOD near fixed‑guideway transit. - Families and residents: Would target TOD projects in low‑income areas near fixed‑guideway transit, increasing financing for projects like affordable housing and local community development. - CDFIs: Would be eligible for secured TIFIA loans to capitalize CDFI TOD accounts, use delegated lending authority, and rely on a Treasury credit assessment instead of rating opinions. Loans may revolve, be subordinated, and include a 2-year demonstration window for commitments. - Federal program and project sponsors: Would reserve up to 10 percent of annual TIFIA funds for CDFI TOD accounts, cap account administrative costs at 2 percent annually, require a Treasury memorandum of understanding for underwriting, and add annual reporting and compliance rules while clarifying there is no federal guarantee.

## Provisions PRIA read

- New CDFI transit lending program: benefit, medium. If enacted, the bill would create a new CDFI transit-oriented development program. Participating community development financial institutions (CDFIs) would have to set up a dedicated "CDFI TOD account" capitalized by a secured loan and used to make loans to sponsors of transit-oriented development…
- Treasury underwriting and payments: benefit, medium. If enacted, the bill would require DOT to consult Treasury on the creditworthiness of CDFIs and to sign a memorandum of understanding for Treasury to help with underwriting, servicing, and monitoring. The Secretary could accept a Treasury credit assessment or a Treasury letter verifying CDFI certif…
- Rules for CDFI TOD loans: mixed, medium. If enacted, the bill would set detailed rules for CDFI TOD accounts and loans from them. Individual loans could not exceed 80% of eligible project costs and eligible project costs for accounts are capped at $100,000,000. Loan repayments must start no later than 5 years after project completion and…
- Set-aside funds and reporting: mixed, medium. If enacted, the bill would set aside up to 10% of TIFIA program funds each fiscal year for CDFI TOD accounts. Any set-aside money not obligated by June 1 would be available for other projects. Any CDFI in the program would have to send an annual report to the Secretary by September 30 and follow an…

## Related bills

- 119-hr-4669: FEMA Act of 2025
- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-5658: Child Care for Every Community Act
- 119-hr-3971: Domestic Workers Bill of Rights Act

## Sources
- [119-hr-8607 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8607)

## Related
- [119-hr-4669: FEMA Act of 2025](https://policyrisk.com/legislation/119-hr-4669)
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-5658: Child Care for Every Community Act](https://policyrisk.com/legislation/119-hr-5658)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8607 (as of 2026-09-21).