To amend the Community Reinvestment Act of 1977 to enhance the flow of investment capital for low- and moderate-income housing in low- and moderate-income neighborhoods.
Community Reinvestment Enhancement Act of 1994 - Amends the Community Reinvestment Act of 1977 to permit lenders to participate in affordable housing programs to Federal or State targeted low-and moderate- income neighborhoods (which may be outside of their lending areas.
Introduced in House
Introduced in House
Referred to the House Committee on Banking, Finance + Urban Affrs.
Referred to the Subcommittee on Consumer Credit and Insurance.
Referred to the Subcommittee on Housing and Community Development.
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