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Financial Aid for Non-English Speakers: New Access Rules.

This act aims to improve access to financial services for individuals who do not speak English or have limited English proficiency. The Community Development Financial Institutions Fund will now provide outreach and resources in other languages, helping citizens better understand and utilize available financial products.
Key points
The Community Development Financial Institutions Fund (CDFI Fund) will be required to provide assistance and materials for non-English speaking individuals.
Individuals with limited English proficiency will gain better access to information on financial products and technical support.
The change aims to increase equality in access to financial services for all citizens, regardless of their English language proficiency.
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Additional Information
Print number: 117_HR_9266
Sponsor: Rep. Garcia, Sylvia R. [D-TX-29]
Process start date: 2022-11-03