Emergency Capital Investment Program | U.S. Department of the …
The Emergency Capital Investment Program (ECIP) provided over $8.57 billion in investments to 175 depository institutions that are certified Community Development Financial Institutions …
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Emergency Capital Investment Program (ECIP) | Community …
Sep 21, 2022 · Established by the Consolidated Appropriations Act, 2021, the Emergency Capital Investment Program (ECIP) was created to encourage low- and moderate-income community …
Emergency Capital Investment Program: Regulatory Capital …
Mar 22, 2021 · The OCC, FDIC, and Federal Reserve published an interim final rule, effective immediately, supporting implementation of the Emergency Capital Investment Program …
To be eligible for the ECIP, an institution must be either a certified community development financial institution (CDFI) or a minority depository institution (MDI).
The Consolidated Appropriations Act, 2021, indicates that the ECIP is intended to support low- and moderate-income communities, minority communities, rural communities, underserved …
Under ECIP, Treasury invests in preferred stock or subordinated debt issued by participating CDFIs or MDIs.
Emergency Capital Investment Program Available for Community ...
Mar 9, 2021 · The Federal Deposit Insurance Corporation (FDIC) is advising certified Community Development Financial Institutions (CDFIs) and minority depository institutions (MDIs) of the …
Division N, Title V, Section 522, of Consolidated Appropriations Act, 2021 (P.L. 116-260), establishes the Emergency Capital Investment Program (ECIP) through which the Treasury …