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Equitable Transit Oriented Development Support Act

In committee: it can still change before the session ends.

US HR 8607 · House Bill · 119th Congress

Draft a letter
Stage
In committee
Started in
House
Sponsor
1
Latest action
Apr 30, 2026

What it does

The bill amends the Transportation Infrastructure Finance and Innovation Act (TIFIA) program to create a new CDFI TOD account mechanism that allows community development financial institutions (CDFIs) to receive secured loans to fund transit-oriented development projects in low-income areas. It modifies eligibility, project selection, and loan terms to accommodate CDFIs, including allowing Treasury credit assessments in lieu of agency ratings, setting a $100 million cap on eligible project costs for CDFI TOD accounts, and requiring CDFIs to demonstrate loan execution within two years of securing funds. The bill also sets aside up to 10% of annual TIFIA funds for CDFI TOD accounts,…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Apr 30, 2026

  2. Committee (Current step)

    In committee · Apr 30, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Equitable Transit Oriented Development Support Act | 52