Implementing Katrina Disaster Relief Through the CDFI Fund Act

Referred to the House Committee on Financial Services.

Congressional Research Service

Official summary

Version 00 · Introduced in House · Oct 7, 2005

Implementing Katrina Disaster Relief Through the CDFI Fund Act - Authorizes appropriations for FY2006 to the Community Development Financial Institutions Fund (Fund) in order to provide assistance to community development financial institutions located in a Hurricane Katrina affected area.

Requires the Fund to limit the selection of applicants for such assistance to any financial institution that: (1) is located in a Hurricane Katrina affected area; or (2) demonstrates to the satisfaction of the Fund that it has the ability to provide capital, credit, or financial services within the Hurricane Katrina affected area.

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People & committees

Who introduced it

Rep. Frank, Barney [D-MA-4] · D–MA

Committees

Financial Services Committee

3 cosponsorship records, including any withdrawals

Legislative record

Actions

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Oct 7, 2005
Referred to the House Committee on Financial Services.
Oct 7, 2005
Introduced in House
Oct 7, 2005
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in House · Oct 7, 2005 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.4020 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss H.R.4020, 109th Congress: Implementing Katrina Disaster Relief Through the CDFI Fund Act

Official record: https://www.congress.gov/bill/109th-congress/house-bill/4020

Text version to examine: Introduced in House · 2005-10-07.

Official full text: https://www.congress.gov/109/bills/hr4020/BILLS-109hr4020ih.htm

Imported record last updated by the source: 2025-08-15T18:00:37Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.R.4020 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

Fairness and public impact

Progressive lens

Examine H.R.4020 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

View full prompt & sources

Discuss H.R.4020, 109th Congress: Implementing Katrina Disaster Relief Through the CDFI Fund Act

Official record: https://www.congress.gov/bill/109th-congress/house-bill/4020

Text version to examine: Introduced in House · 2005-10-07.

Official full text: https://www.congress.gov/109/bills/hr4020/BILLS-109hr4020ih.htm

Imported record last updated by the source: 2025-08-15T18:00:37Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.4020 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

Conservative lens

Examine H.R.4020 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.R.4020, 109th Congress: Implementing Katrina Disaster Relief Through the CDFI Fund Act

Official record: https://www.congress.gov/bill/109th-congress/house-bill/4020

Text version to examine: Introduced in House · 2005-10-07.

Official full text: https://www.congress.gov/109/bills/hr4020/BILLS-109hr4020ih.htm

Imported record last updated by the source: 2025-08-15T18:00:37Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.4020 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.R.4020 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.R.4020, 109th Congress: Implementing Katrina Disaster Relief Through the CDFI Fund Act

Official record: https://www.congress.gov/bill/109th-congress/house-bill/4020

Text version to examine: Introduced in House · 2005-10-07.

Official full text: https://www.congress.gov/109/bills/hr4020/BILLS-109hr4020ih.htm

Imported record last updated by the source: 2025-08-15T18:00:37Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.4020 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.