To authorize the Community Development Financial Institutions Fund to conduct a special round of funding in fiscal year 2006 for assistance in areas affected by Hurricane Katrina, and for other purposes.
Implementing Katrina Disaster Relief Through the CDFI Fund Act - Authorizes appropriations for FY2006 to the Community Development Financial Institutions Fund (Fund) in order to provide assistance to community development financial institutions located in a Hurricane Katrina affected area.
Requires the Fund to limit the selection of applicants for such assistance to any financial institution that: (1) is located in a Hurricane Katrina affected area; or (2) demonstrates to the satisfaction of the Fund that it has the ability to provide capital, credit, or financial services within the Hurricane Katrina affected area.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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