2005 Regular Session

HOUSE BILL 968

File Code: Economic and Community Development
Sponsored By:
Delegates McConkey, V. Clagett, Holmes, McIntosh, Montgomery, Parker, Sossi, and Stern
Entitled:
Department of Housing and Community Development - Community Legacy Program - Community Development Financial Institutions

Synopsis:

Authorizing a community development financial institution to sponsor a neighborhood intervention project for a specified purpose; authorizing a community development financial institution to meet a specified requirement by agreeing to provide capital for a specified purpose; and requiring the Community Legacy Board to allocate a percentage of the Community Legacy Financial Assistance Fund in a specified manner.

History by Legislative Date

House Action
2/10
First Reading Environmental Matters
2/11
Hearing 3/3 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Tony McConkey, District 33A
Delegate Virginia P. Clagett, District 30
Delegate Marvin E. Holmes, Jr., District 23B
Delegate Maggie McIntosh, District 43
Delegate Karen S. Montgomery, District 14
Delegate Rosetta C. Parker, District 47
Delegate Richard A. Sossi, District 36
Delegate Joan F. Stern, District 39

Bill indexed under the following Subjects:

COMMITTEES AND COMMISSIONS -see also- POLITICAL COMMITTEES
COMMUNITY DEVELOPMENT
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
GRANTS
HOUSING -see also- APARTMENTS; CONDOMINIUMS; MOBILE HOMES
LOANS -see also- MORTGAGES

Bill affects the following Statute:

Housing and Community Development
( 6-210 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered