Hearing: Promoting Inclusive Lending During the Pandemic: Community Development Financial Institutions and Minority Depository Institutions

Subcommittee on Consumer Protection and Financial Institutions (Committee on Financial Services)

Wednesday, June 3, 2020 (12:00 PM)

Select one
Washington, D.C.

Witnesses

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

Added 05/29/2020 at 06:35 PM
  • Witness Testimony [PDF] Added 06/02/2020 at 12:10 PM
  • Truth in Testimony [PDF] Added 06/02/2020 at 12:10 PM

Mr. Michael T. Pugh
President, Chief Executive Officer and Board Member, Carver Federal Savings Bank

Added 05/29/2020 at 06:35 PM
  • Witness Testimony [PDF] Added 06/02/2020 at 12:10 PM
  • Truth in Testimony [PDF] Added 06/02/2020 at 12:10 PM

Mr. Samuel C. Scott
Chairman, Black Chicago Tomorrow, and Co-Chair, American Business Immigration Coalition

Added 06/01/2020 at 07:20 PM
  • Witness Testimony [PDF] Added 06/02/2020 at 12:10 PM
  • Truth in Testimony [PDF] Added 06/02/2020 at 12:10 PM

Mr. James H. Sills III
President and Chief Executive Officer, M&F Bank, on behalf of the Independent Community Bankers of America

Added 06/01/2020 at 07:20 PM
  • Witness Testimony [PDF] Added 06/02/2020 at 07:59 PM
  • Truth in Testimony [PDF] Added 06/02/2020 at 07:59 PM

Text of Legislation

  • H.R. 5315- Expanding Opportunity for MDIs Act (Beatty) [PDF] Added 05/29/2020 at 06:35 PM
  • H.R. 5322- Ensuring Diversity in Community Banking Act (Meeks) [PDF] Added 05/29/2020 at 06:35 PM
  • 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 (Green) [PDF] Added 05/29/2020 at 06:35 PM
  • H.R. 6775- Community Impact Financial Institutions Inclusion Act (Meeks) [PDF] Added 05/29/2020 at 06:35 PM
  • H.R. 6830-To reduce the minimum issuance guarantee amount under the CDFI Bond Guarantee Program, and for other purposes (Phillips) [PDF] Added 05/29/2020 at 06:35 PM
  • H.R. 6868- To amend the CARES Act to establish a Community Capital Investment Program, and for other purposes (Green) [PDF] Added 05/29/2020 at 06:35 PM
  • 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. (Beatty) [PDF] Added 05/29/2020 at 06:35 PM
  • H.R.___: Strengthening Minority Community Development Financial Institutions Act (Waters) [PDF] Added 05/29/2020 at 06:35 PM
  • 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 (Adams) [PDF] Added 05/29/2020 at 06:35 PM

Support Documents

  • Hearing Notice [PDF]
  • Hearing Memo [PDF] Added 05/29/2020 at 06:35 PM Updated 06/01/2020 at 07:20 PM
    Witnesses added

First Published: May 27, 2020 at 09:51 PM
Last Updated: June 2, 2020 at 07:59 PM