Video & Transcript : 'loan intermediaries' :
Page 53 of 273
TX
Transcript Highlights:
- Governmental entities receive loans and grants from the state, and there are millions in billions of
- So what this bill does is require them to be in compliance before they can receive a loan or a grant
- So what the substitute does is allow the state agency to make the loan or grant to the water district
- So what it does is require them to be in compliance before they can receive a loan.
- It requires them to be in compliance before they can receive a loan or a grant from the state.
Committee:
Senate Local Government
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 03/20/25
Housing and Homelessness Prevention
Transcript Highlights:
- </c><00:03:10.879><c> and</c> access to conventional home loans and access to conventional home loans
- </c><00:08:35.279><c> a</c> closing over 500 down payment loans a closing over 500 down payment loans
- ><c> officers</c><00:08:45.839><c> on</c> have four licensed loan officers on have four licensed loan
- I want state closing down payment loans.
- Senator Balden, have you ever done a commercial loan?
Committee:
Senate Housing and Homelessness Prevention
ID
Transcript Highlights:
- And ultimately, Congress created what they call the veterinary medical loan repayment program.
- And while funding continues to be, you know, a Loan repayment program.
- Again, those veterinarians have to commit to work in a rural area to get their loans paid back.
- Human medical doctors, you know, when they would have to repay back a loan should they default on this
- There's a lot of physicians that, in order to be able to get discounts on their loans or to help repay
Committee:
Senate Education
MN
Transcript Highlights:
- , and we use them to make new loans.
- </c><00:21:45.240><c> um</c> and we use them to make new loans um and we use them to make new loans um
- loan out?
- </c> something that is Grant and Loan something that is Grant and Loan and<00:43:42.119><c> the</c><00
- the Loan program the revolving<00:49:33.160><c> Loan</c><00:49:33.559><c> program</c><00:49:34.000><
Committee:
Senate Capital Investment
MN
Transcript Highlights:
- Our facility is eligible for clean water loan and a PSIG grant.
- Our facility is eligible for clean water loan and a PSIG grant.
- <01:21:16.160><c> and</c><01:21:16.640><c> a</c> loan and a loan and a um<01:21:17.680><c> PSIG</c><01
- Well, you know, our city did have to get a loan for radium.
- </c> our my city did have to get a loan our my city did have to get a loan for<01:29:36.960><c> radium
Bills:
HF4710 , HF4055 , HF3848 , HF3989 , HF4599 , HF3767 , HF3592 , HF3575 , HF3574 , HF3543 , HF4606 , HF4489 , HF3891 , HF3438 , HF3811 , HF3400
Committee:
House Capital Investment
Keywords:
capital investment, water infrastructure, sewer systems, public funding, municipal development, Eveleth, wastewater treatment, state bonds, environmental compliance, infrastructure, bonds, economic development, local government, transportation, intersection improvements, Lake Elmo, HF4599, St. Joseph, Minnesota bonding bill, bond proceeds fund
MN
Minnesota 2025-2026 Regular Session
House Workforce, Labor, and Economic Development Finance and Policy Committee 3/3/26
Workforce, Labor, and Economic Development Finance and Policy
Transcript Highlights:
- And that was on a bridge loan.
- And that was on a bridge loan.
- And that was on a bridge loan. half%. And that was on a bridge loan.
- loan in 2021.
- </c> >> Oh and it is a revolving loan fund. >> Oh and it is a revolving loan fund.
Summary:
The committee first adopted the minutes from February 26 and then heard House File 2581, authored by Representative Frazier, which sought $1 million for Fortis Capital, a nonprofit economic development lender. Frazier and Fortis CEO Brian Smith described Fortis as a gap-financing lender that helps underserved entrepreneurs who cannot meet traditional bank underwriting standards. They said the organization has made 37 loans totaling more than $4 million since 2021, leveraged another $29.5 million, and created 314 jobs. Smith said Fortis typically charges around 6.5% interest, has had two defaults, and uses a revolving loan fund model that recycles repayments; members discussed how the proposal fits with other state economic development programs and whether Fortis should instead be part of a competitive grant process. The chair laid HF 2581 over for possible inclusion in a budget bill.
The committee then heard House File 3707, brought by Representative Berg, which would extend confidentiality protections to unemployment insurance and paid leave judges and related staff by adding them to the definition of judges for purposes of protecting personal information. Berg and testifiers from the Department of Economic Development and MAPE said the bill responds to harassment and safety concerns, including threats, doxxing, and an attack near an office, and is intended to protect people making sensitive determinations. MAPE supported the bill as an update to existing protections for similar workers.
Members raised concerns that the bill’s language was too broad, especially the reference to the paid leave division, and questioned whether it should cover only judges or also call-center and other staff. Department and committee members agreed the language likely needed narrowing and discussed possible amendments and whether to move the bill to Judiciary and then revisit it. No final vote was taken on HF 3707 during the discussion, and the bill remained under consideration for further language work.
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 3/27/25
Commerce Finance and Policy
Transcript Highlights:
- </c><00:04:04.239><c> and</c><00:04:04.959><c> the</c><00:04:05.079><c> third</c> conventional loans
- , like an auto loan or unsecured loan or credit cards and different things.
- like an auto kind of consumer-based loan like an auto loan<00:10:42.959><c> or</c><00:10:43.160><c>
- unsecured</c><00:10:43.720><c> loan</c><00:10:44.040><c> or</c><00:10:44.600><c> or</c><00:10:44.920>
- <c> credit</c> loan or unsecured loan or or credit loan or unsecured loan or or credit cards<00:10:45.639
Committee:
House Commerce Finance and Policy
NM
Transcript Highlights:
- to the most vulnerable, and below-market-interest-rate loans on rental developments.
- We made low interest rate loans. 500 units and growing in that category.
- to the most vulnerable, and below market interest rates, loans on rental developments.
- And the vast majority of the loans that we make are loans that generate program income that will help
- Loans are 15 to 30 years. Collateral is a minimum loan-to-value of 85%.
Committees:
Senate Senate Finance , Senate House Appropriations & Finance
OK
Oklahoma 2026 Regular Session
Appropriations and Budget Judiciary Subcommittee - Morning Session Jan 13th, 2026 at 09:00 am
A&B Judiciary Subcommittee
Transcript Highlights:
- But in order to do that, they have to be able to pay their student loans.
- Well, you know, I know that when we talk about the student loan thing, there's a public interest law
- And if you notice, it is not a loan forgiveness plan; it is a loan assistance program that there will
- But it would go towards their loans and it would go directly to the service provider.
- to be forgiven with either the help of this program and the Public Service Loan Forgiveness Plan.
Committee:
House A&B Judiciary Subcommittee
NH
Transcript Highlights:
- And the loans lender per year.
- The state only faces exposure if a loan fails and the borrower defaults on a loan.
- and guarantors like the state compared to housing loan guarantees, primarily because business loans are
- ><c> often</c><04:10:58.640><c> less</c> because business loans are often less because business loans
- Business loans may be recourse.
AZ
Arizona 2026 Regular Session
03/17/2026 - House Natural Resources, Energy & Water
Natural Resources, Energy & Water
Transcript Highlights:
- This fund also has the ability to issue both grants and loans.
- So this would mean there are fewer loans in any given period of time.
- back out, the interest and principal, is immediately loaned back out.
- So I wouldn't lean toward saying it means less loans.
- Chair, if I could please add to that, none of WIFA's other loan funds have a cap.
Committees:
House Natural Resources, Energy & Water , House House Natural Resources, Energy & Water Committee of Reference
Keywords:
underground utilities, utility locating, dig safe, call before you dig, excavation safety, damage prevention, one-call center, locate request, white lining, large project coordination, buried infrastructure, subsurface utilities, utility marking, locator wire, locator strip, interactive positive response system, landlord duties, apartment community, mobile home park, sewer line
MN
Minnesota 2025-2026 Regular Session
Working Group on Omnibus Capital Investment Bill - 06/09/25
Minnesota Senate Floor Meeting
Transcript Highlights:
- And section seven amends a provision in the drinking water revolving loan fund statute that articulates
- This is similar to the changes to the clean water revolving loan fund statute that we saw in a previous
- </c><00:13:43.360><c> fund</c> the drinking water revolving loan fund the drinking water revolving loan
- </c><00:13:49.680><c> fund</c> to the clean water revolving loan fund to the clean water revolving loan
- </c><00:20:56.080><c> depending</c><00:20:56.400><c> on</c> to uh or grants or loans depending on to
WA
Washington 2025-2026 Regular Session
Senate Early Learning & K-12 Education Feb 4th, 2026 at 10:30 am
Early Learning & K-12 Education
Transcript Highlights:
- , how to, you know, those are the types of things I want our kids How to apply for a loan, how to, you
- what the benefits are in that contract, or signing your first lease for an apartment, an auto loan,
- for civic life, shaping how future voters understand housing costs, taxes, interest rates, student loans
- for civic life, shaping how future voters understand housing costs, taxes, interest rates, student loans
- . ...credit scores are and why they're important, or what happens when you don't pay your student loan
Committee:
Senate Early Learning & K-12 Education
Keywords:
financial education, graduation requirement, student curriculum, financial literacy, education reform, teacher preparation, principal preparation, educator preparation, alternative route certification, teacher certification, principal certification, Washington Professional Educator Standards Board, PESB, field placement, student teacher, residency, mentoring, school district partnerships, K-12 education, preK-12
CA
California 2025-2026 Regular Session
Assembly Utilities and Energy Committee Jan 15th, 2026
Transcript Highlights:
- IBank will continue to monitor and service loans for the life of the loans in debt even after the sunset
- We have a large portfolio of guarantees on economic development loans.
- Seventy percent of the portfolio is $150,000 or less in terms of loan size.
- We also have the infrastructure state revolving loan program, where we make loans at tax-exempt rates
- And it depends on size of loans, scope of projects, you know, and what the risk is.
Summary:
The committee first heard AB 710, which would expand dynamic pricing and time-of-use electricity rates and require utilities to develop plans for advanced metering infrastructure so more customers can participate. The author and supporters said the bill would encourage load shifting to times when electricity is cheaper and cleaner, reduce curtailment of renewable energy, and help address affordability. PG&E and SDG&E opposed the bill as drafted, arguing the deadlines were premature, could disrupt ongoing CPUC rate proceedings and pilot programs, and might force costly changes before results are known; Golden State Power Cooperative was neutral and flagged a technical issue. After questions and discussion about timing and scope, the committee passed AB 710 on an 11-0 vote and also approved the consent calendar 15-0.
The committee then held its first 2026 oversight hearing on implementation of the California Transmission Accelerator created by SB 254. GoBiz, IBank, CAISO, and the Department of Finance outlined the new program’s structure: GoBiz’s energy unit will coordinate the accelerator, IBank will evaluate and finance eligible projects, CAISO’s transmission planning and competitive solicitation process will identify projects, and the tax credit will provide an additional incentive for developers. Administration witnesses said trailer bill language and about 10 limited-term positions are being proposed to clarify roles, protect confidential information, and support the revolving fund, with roughly $26 million in administrative costs over five years.
Committee members focused on coordination among agencies, supply-chain risks, regional market planning, and whether the accelerator has enough authority to move projects quickly. CAISO said its planning and competitive procurement processes already align closely with the accelerator and that no tariff changes are expected, while GoBiz and IBank said they are still developing financing strategies and learning from other states. Public commenters supported faster transmission but urged the committee to preserve the role of competitive developers, clarify ownership and risk allocation, and ensure wildfire safety and accountability. The hearing ended with no formal action beyond receiving testimony and committing to continued oversight.
TX
Transcript Highlights:
- seat money was invested with the safekeeping trust, and we use those funds to provide low-interest loans
- The Rural Water Assistance Fund, or RWAF, that fund we... can provide loans and grants to communities
- We wanted to take into consideration their constraints on the ability to repay loans.
- We balance that with a 10% loan, 90% grant.
- The next program we use is our Water Loan Assistance Fund. excuse me, or WALAF.
Committee:
House Natural Resources
WA
Transcript Highlights:
- The City of Linden applied to the Public Works Assistance Account this year to secure a grant or a loan
- The City of Linden applied to the Public Works Assistant account this year to secure a grant or a loan
- Our financing plan relies on low-interest loans from the Public Works Assistance Account.
- This account, as you've heard from prior speakers, is designed as a low-interest loan program to keep
- That puts those loans in jeopardy.
Bills:
HB2295
Committee:
House Capital Budget
Keywords:
Washington capital budget, supplemental capital budget, capital appropriations, state building construction account, taxable building construction account, climate commitment account, natural climate solutions, housing trust fund, affordable housing, supportive housing, homelessness, manufactured home communities, mobile home parks, school construction, school modernization, school seismic safety, healthy schools, school electrification, SCAP, behavioral health facilities
AZ
Arizona 2026 Regular Session
01/13/2026 - Senate Natural Resources
Senate Natural Resources Committee of Reference
Transcript Highlights:
- WIFA takes that capital and turns it into debt and loans for water systems to comply with the Clean Water
- And so as the fund manager, we provide that money as loans, and those loans are, I think this is a technical
- So through this fund, applicants can ask for up to $2 million in grant funding or $3 million in loan
- So through this fund, applicants can ask for up to $2 million in grant funding or $3 million in loan
- But even the loans were extremely favorable for these water providers, sub-2% interest rates in some
Summary:
The Natural Resources Committee convened for introductions of members, staff, interns, and pages, with members briefly noting their districts and roles. The committee’s only agenda item was a presentation from the Water Infrastructure Finance Authority (WIFA) by Director Chelsea McGuire, who outlined WIFA’s mission and recent work financing water infrastructure across Arizona.
McGuire described three major funding programs: the rural water supply development revolving fund, the water conservation grant fund, and the long-term water augmentation fund. She said WIFA has financed nearly $3 billion in water infrastructure over 30 years, awarded about $87.3 million through the rural fund, and allocated $211 million in conservation grants expected to save 6.6 million acre-feet of water. She also said WIFA is out of conservation money and requested continued state support, while noting the revolving funds remain stable even if federal funding declines.
A large portion of the discussion focused on the long-term augmentation fund and its competitive solicitation process. McGuire said WIFA identified a projected 100,000 to 500,000 acre-foot supply gap in 10 to 15 years and selected seven projects for further due diligence after receiving 17 responses, including desalination, reuse, groundwater storage, and exchange-based projects involving private partners. Senators asked about public transparency, project timelines, costs, and the need for state funding; McGuire said public engagement will continue, the projects are intended to match the identified time frame, and state funding is needed both to pay for due diligence and to reduce project risk and cost. No votes or formal actions were taken, and the meeting adjourned after the presentation and questions.
US
US Federal 2025-2026 Regular Session
Hearings to examine the nomination of William Briggs, of Texas, to be Deputy Administrator, and Casey Mulligan, of Illinois, to be Chief Counsel for Advocacy, both of the Small Business Administration. Mar 12th, 2025 at 01:30 pm
Small Business and Entrepreneurship Committee
Transcript Highlights:
- SBA's programs, especially in the COVID-19 economic injury disaster loan or EIDL programs, kept their
- These same problems plague many of SBA's loan programs as I highlighted during last month's hearing on
- the 7a loan program.
- Because I am worried that the 7A loan program could require an... appropriation if those defaults are
- And I remember when we first got our 7A loan, and it transformed our business in ways that I mean it
Keywords:
SBA, small business, nominations, Bill Briggs, Casey Mulligan, regulations, capital access, public support
Summary:
The Committee on Small Business and Entrepreneurship convened to consider the nominations of Bill Briggs for Deputy Administrator of the SBA and Dr. Casey Mulligan for Chief Counsel for Advocacy. The discussions highlighted the critical role of the SBA in promoting small businesses, with emphasis on overcoming challenges posed by excessive regulations and the need for improved access to capital. Several committee members expressed their concerns over recent layoffs within the SBA and the closure of district offices, which they believe undermine support for small businesses across the nation. The committee meeting saw extensive dialogue about the implications of regulations on small business operations and how the nominees plan to address these issues if confirmed. Public support for the nominees was acknowledged through letters from various stakeholders who advocate for small business interests.
MN
Transcript Highlights:
- </c><00:13:20.399><c> repayment</c> rural veterinarian loan repayment rural veterinarian loan repayment
- </c><00:13:30.079><c> repayment</c> agricultural educators loan repayment agricultural educators loan
- All three of these loan is eliminated.
- </c> student loan programs. student loan programs.
- Many include loans as if they were grants.
Committee:
Senate Higher Education
CA
California 2025-2026 Regular Session
Senate Emergency Management Committee Apr 21st, 2026
Transcript Highlights:
- Energy and Advanced Transportation Financing Authority that provides state-backed funds, kind of a loan
- amounts to a broader base of borrowers for energy upgrade loans.
- amounts to a broader base of borrowers for energy upgrade loans.
- So this bill seeks to create a resilience loan program modeled after Go Green specifically for wildfire
- A resilience loan program modeled after Go Green specifically for wildfire mitigation projects, seeking
Summary:
The Senate Emergency Management Committee heard five wildfire- and emergency-related bills. SB 1270 by Senator Richardson would expand the California Wildfire Mitigation Program to more counties based on wildfire risk and social vulnerability, with the author and county representatives saying the program should better target home-hardening assistance where need is greatest. SB 1079 by Senator Stern would create a Fire Innovation Unit within Cal Fire to identify operational needs, test new wildfire technologies, and speed deployment of successful tools; it drew broad support from fire, environmental, local government, and industry groups. SB 1020 by Senator Niello would require annual reporting on open states of emergency, including spending and lessons learned, to increase legislative oversight without limiting the governor’s emergency powers. SB 894 by Senator Allen would establish a wildfire resilience loan program modeled on the state’s Go Green financing platform to help homeowners afford wildfire hardening and defensible-space improvements; supporters included the State Treasurer’s office, counties, fire-safety groups, local governments, and credit unions.
There was no opposition testimony on any of the bills. Committee members generally expressed support, with comments emphasizing wildfire risk, the need for home hardening, innovation, and accountability in emergency powers. Senator Rubio asked to be a coauthor on SB 894, and the chair noted the bill’s importance for making mitigation more affordable at scale.
All five measures were approved by the committee on motions for “do pass as amended to appropriations,” with roll calls taken over several quorum interruptions. The bills were advanced out of committee, and the hearing was adjourned.