Riegle Community Development and Regulatory Improvement Act of 1994

E2186
United States federal statute banking law

The Riegle Community Development and Regulatory Improvement Act of 1994 is a U.S. federal law aimed at promoting community development and financial services in underserved areas, notably by establishing the Community Development Financial Institutions (CDFI) Fund.

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All labels observed (3)

Label Occurrences
Community Development Banking and Financial Institutions Act of 1994 3
Riegle Community Development and Regulatory Improvement Act of 1994 canonical 2
Riegle Community Development Act 1

Statements (42)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
abbreviation Riegle Community Development and Regulatory Improvement Act of 1994 self-linksurface differs ⓘ
surface form: Riegle Community Development Act
administeredBy United States Department of the Treasury ⓘ
appliesTo banks ⓘ
community development financial institutions ⓘ
credit unions ⓘ
thrifts ⓘ
containsProvision regulatory burden reduction for financial institutions ⓘ
support for community development banks ⓘ
support for community development credit unions ⓘ
support for microenterprise lending ⓘ
technical and regulatory improvements to banking laws ⓘ
country United States of America ⓘ
surface form: United States
enactedBy United States Congress ⓘ
establishes Community Development Financial Institutions Fund ⓘ
focusesOn community development financial institutions ⓘ
low-income communities ⓘ
underserved rural areas ⓘ
underserved urban areas ⓘ
implementedThrough equity investments in CDFIs ⓘ
grants to CDFIs ⓘ
loans to CDFIs ⓘ
technical assistance to CDFIs ⓘ
jurisdiction United States government ⓘ
surface form: United States federal government
legalForm public law ⓘ
namedAfter Donald W. Riegle Jr. ⓘ
objective enhance safety and soundness of financial institutions ⓘ
expand credit availability in distressed communities ⓘ
leverage private capital for community development ⓘ
policyArea bank regulation ⓘ
community development ⓘ
economic development ⓘ
purpose encourage private investment in low-income communities ⓘ
improve access to financial services in underserved areas ⓘ
promote community development ⓘ
regulates depository institutions ⓘ
relatedTo CDFI Fund program ⓘ
Community Reinvestment Act ⓘ
sector financial services ⓘ
signedBy Bill Clinton ⓘ
yearEnacted 1994 ⓘ

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Community Development Financial Institutions Fund → createdBy → Riegle Community Development and Regulatory Improvement Act of 1994 ⓘ
Riegle Community Development and Regulatory Improvement Act of 1994 → abbreviation → Riegle Community Development and Regulatory Improvement Act of 1994 self-linksurface differs ⓘ
this entity surface form: Riegle Community Development Act
Native American CDFI Assistance Program → legalBasis → Riegle Community Development and Regulatory Improvement Act of 1994 ⓘ
this entity surface form: Community Development Banking and Financial Institutions Act of 1994
Bank Enterprise Award Program → legalFramework → Riegle Community Development and Regulatory Improvement Act of 1994 ⓘ
this entity surface form: Community Development Banking and Financial Institutions Act of 1994
NACA Program → legalBasis → Riegle Community Development and Regulatory Improvement Act of 1994 ⓘ
this entity surface form: Community Development Banking and Financial Institutions Act of 1994
community development financial institutions (CDFIs) → legalBasis → Riegle Community Development and Regulatory Improvement Act of 1994 ⓘ
subject surface form: community development financial institution