H.R. 2055, Title III: Bilateral Economic Assistance – Development Credit Authority
FY 2012: Appropriates $40 million for USAID for direct loans and loan guarantees for microenterprise programs and a further $8.3 million for the administrative expenses of the Development Credit Authority (DCA).
President Obama signed H.R. 2055 into law on December 23, 2011
FY 2013: On May 8, 2012, the House Appropriations Subcommittee on State and Foreign Operations approved a budget for FY 2013 that appropriates $48.2 million (about same as FY 2012) for the Development Credit Authority (DCA) [PDF].
DCA Administrative Expenses: FY 2011: $8.28 million | FY 2012: $8.30 million | FY 2013 (request): $8.20 million [small cut] | FY 2013 (House Subcommittee): $8.20 million [same as administration request]
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