[Federal Register Volume 79, Number 246 (Tuesday, December 23, 2014)]
[Notices]
[Page 77086]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-29994]


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DEPARTMENT OF THE TREASURY


Community Development Financial Institutions Fund

ACTION: Proposed collection; comment request.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). Currently, the Community Development Financial 
Institutions Fund (CDFI) Fund, Department of the Treasury, is 
soliciting comments concerning the Bank Enterprise Award Program (BEA 
Program) Application.

DATES: Written comments should be received on or before February 23, 
2015 to be assured of consideration.

ADDRESSES: Direct all comments to Bob Ibanez, Program Manager, Bank 
Enterprise Award Program, at the Community Development Financial 
Institutions Fund, U.S. Department of the Treasury, 1500 Pennsylvania 
Avenue NW., Washington, DC 20020, by email to [email protected] or by 
facsimile to (202) 508-0089. Please note this is not a toll free 
number.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Bob Ibanez, Program Manager, Bank Enterprise 
Award Program, at the Community Development Financial Institutions 
Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW., 
Washington, DC 20020, by email to [email protected] or by facsimile to 
(202) 508-0089. Please note this is not a toll free number.

SUPPLEMENTARY INFORMATION: 
    OMB Number: 1559-0005.
    Type of Review: Extension without substantive change.
    Title: The Bank Enterprise Award Program Application.
    Abstract: The purpose of the BEA Program is to provide an incentive 
to FDIC-insured depository institutions to increase their activities in 
the form of loans, investments, services, and technical assistance, 
within distressed communities and provide financial assistance to 
community development financial institutions through grants, stock 
purchases, loans, deposits, and other forms of financial and technical 
assistance. The CDFI Fund will make awards through the BEA Program to 
FDIC-insured depository institutions, based upon such institutions' 
completion of certain qualified activities, as reported in the 
application. The application will solicit information concerning: 
Applicants' eligibility to participate in the BEA Program; the quantity 
(value) of applicants' activities, and the extent to which such 
activities may be qualified activities; and appropriate supporting 
documentation. The questions that the application contains, and the 
information generated thereby, will enable the CDFI Fund to evaluate 
applicants' activities and determine the extent of applicants' 
eligibility for a BEA Program award.
    Type of Review: Extension without substantive change.
    Affected Public: Private Sector: Businesses or other for-profits, 
Not-for-profit institutions; State, Local, and Tribal Governments.
    Estimated Number of Respondents: 75.
    Estimated Annual Time per Respondent: 15 hours.
    Estimated Total Annual Burden Hours: 1,125 hours.
    Requests for Comments: Comments submitted in response to this 
notice will be summarized and/or included in the request for OMB 
approval. All comments will become a matter of public record and may be 
published on the CDFI Fund Web site at http://www.cdfifund.gov. 
Comments are invited on: (a) Whether the collection of information is 
necessary for the proper performance of the functions of the CDFI Fund, 
including whether the information shall have practical utility; (b) the 
accuracy of the CDFI Fund's estimate of the burden of the collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; (d) ways to minimize the burden of the 
collection of information on respondents, including through the use of 
technology; and (e) estimates of capital or start-up costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

    Authority:  12 U.S.C. 1834a, 4703, 4713, 4717; 12 CFR part 1806.

    Dated: December 17, 2014.
Annie Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2014-29994 Filed 12-22-14; 8:45 am]
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