Political Quotes

“In almost a decade, Community Advantage lenders have delivered over $770 million in affordable capital to underserved small businesses across America, assisting women- and minority-owned businesses that have historically struggled to secure affordable capital through traditional means, yet new lenders are hesitant to participate because of its pilot status and frequently changing rules. Today's bill will remedy these problems and ultimately grow the CA program to deliver more capital to entrepreneurs who need access to affordable capital the most, especially those severely impacted by the COVID-19 pandemic. Mr. Speaker, I applaud the work by the gentlewoman from California (Ms. Judy Chu) and the gentleman from Florida (Mr. Spano) for their efforts in crafting a bipartisan bill to codify the Community Advantage program. Mr. Speaker, I encourage all my colleagues to vote ``yes,'' and I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentlewoman from New York (Ms. Velazquez) that the House suspend the rules and pass the bill, H.R. 7903, as amended. The question was taken; and (two-thirds being in the affirmative) the rules were suspended and the bill, as amended, was passed. A motion to reconsider was laid on the table. ____________________”