Raise the statutory cap limiting banks’ investments in community development projects to unlock additional capital for affordable housing, small businesses, financial education, and other local economic development.

Lisa Blunt Rochester · Delaware · Democratic

policy impact 5.00 specificity 1.00 extraction confidence 94%

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Occurrences

The bipartisan Community Investment and Prosperity Act ... would increase a statutory cap limiting banks’ investments in community development projects, which will unlock billions in capital for affordable housing, small businesses, financial education, and other economic development needs in communities that need it the most.

Blunt Rochester committed to raising the cap on banks’ community development investments to increase funding for affordable housing and economic development.

NEWS: Senator Blunt Rochester, Banking Committee Colleagues Mark Up Landmark Bipartisan Housing Legislation
primary · press_release · model gpt-4.1

Evidence

The Senate-passed version of H.R. 6644 includes Title II, section 204, the Community Investment and Prosperity Act. The related Senate press release states the package passed 89-10 and that this bill increases the cap on capital investment a bank can make in community development projects.

The commitment was delivered when the Senate passed housing legislation that included the Community Investment and Prosperity Act, which raises the statutory cap on banks' community development investments.

delivered same_term A for effort

In the Senate of the United States, March 12, 2026 - 21st Century ROAD to Housing Act with Community Investment and Prosperity Act included
secondary · model gpt-5.4-mini · confidence 96%

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Assessments

unresolved unknown A for effort

Blunt Rochester materially advanced the promise by co-leading the Senate Community Investment and Prosperity Act, which would raise the public welfare investment cap from 15% to 20%, and the provision was included in the Senate-passed 21st Century ROAD to Housing Act. However, as of May 23, 2026, the relevant H.R. 6644 package had not become law; after House action on May 21, it was still awaiting further Senate action before presentment. Because the statutory cap has not actually been raised yet, the promised outcome is not delivered, but there is clear serious legislative effort during the same federal term.

provider codex_cli · model gpt-5.5 · confidence 87%