; and (2) regulations to ensure that the Bank will not compete with commercial financial institutions. 7. Community reinvestment credit Section 804 of the Community Reinvestment Act of 1977 ( 12 U.S.C. 2903 ) is amended by adding at the end the following: (e) Establishment of employee stock ownership plans and eligible worker-Owned cooperatives In assessing and taking into account, under subsection (a), the record of a financial institution, the appropriate Federal financial supervisory agency may consider as a factor capital investments, loans, loan participation, technical assistance, financial advice, grants, and other ventures undertaken by the institution to support or enable employees to establish employee stock ownership plans or eligible worker-owned cooperatives (as those terms are defined in sections 4975(e)(7) and 1042(c)(2) of the Internal Revenue Code of 1986, respectively), that are at least 51 percent employee owned plans or cooperatives. . 8. Authorization of appropriations There are authorized to be appropriated to the Secretary to carry out this Act, $500,000,000 for fiscal year 2018, and such sums as may be necessary for each fiscal year thereafter.