Code · BILL · 116th Congress · S. 4255 (Introduced in Senate) — To amend the CARES Act to establish community investment programs, and for other purposes. · Sec. 2

Sec. 2. Purpose

60 words·~1 min read·/bill/116/s/4255/is/section-2

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The purpose of this Act is to— establish programs to revitalize and provide long-term financial products and service availability for, and provide investments in, low- and moderate-income and minority communities; respond to the unprecedented loss of Black-owned businesses and unemployment; and otherwise enhance the stability, safety and soundness of community financial institutions that support low- and moderate-income and minority communities.