1. Short title This Act may be cited as the Equitable Transit Oriented Development Support Act . 2. Infrastructure finance (a) Generally applicable provisions Section 601(a) of title 23, United States Code, is amended— (1) by inserting and section 611 after 609 ; (2) in paragraph (2)— (A) in subparagraph (C) by striking ; and and inserting a semicolon; (B) in subparagraph (D) by striking the period and inserting ; and ; and (C) by adding at the end the following: (E) capitalizing a CDFI TOD account. ; (3) in paragraph (12)— (A) in subparagraph (E) by striking ; and and inserting a semicolon; (B) in subparagraph (H) by striking the period and inserting ; and ; and (C) by adding at the end the following: (I) the capitalization of a CDFI TOD account. ; and (4) by adding at the end the following: (23) CDFI The term CDFI has the meaning given the term community development financial institution under section 103 of the Riegle Community Development and Regulatory Improvement Act of 1994 ( 12 U.S.C. 4702 ). (24) CDFI TOD account The term CDFI TOD account means an account— (A) established within a CDFI under section 611(c); (B) capitalized with the proceeds of a secured loan made to a CDFI in accordance with sections 602 and 603; (C) for the purpose of making loans to sponsors of transit-oriented development projects in accordance with section 611. . (b) Determination of eligibility and project selection Section 602 of title 23, United States Code, is amended— (1) in subsection (a)— (A) in paragraph (2) by adding at the end the following: (C) CDFI Notwithstanding subparagraphs (A) and (B), in a case in which the Federal credit instrument is provided to a CDFI, the Secretary may rely upon a credit assessment of the CDFI by the Secretary of Treasury in lieu of investment grade ratings and credit opinions from rating agencies. ; (B) in paragraph (4) by inserting CDFI, after partnership,