HR 8607·Federal·house
Equitable Transit Oriented Development Support Act
In CommitteeFiled Apr 30, 2026
Sponsor: Rep. DeSaulnier, Mark [D-CA-10] (D)
Latest Action
Referred to the House Committee on Transportation and Infrastructure.
Apr 30, 2026
Summary
The bill changes federal transportation finance law to set up a “CDFI TOD account” that lets community development financial institutions (CDFIs) provide loans for transit‑oriented development (TOD). It lets the Transportation Secretary rely on Treasury credit assessments for CDFIs, caps loans at $100 million, and requires CDFIs to show they used the loan within two years. The goal is to broaden equitable funding for TOD projects, especially in underserved areas.
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