[Federal Register Volume 81, Number 154 (Wednesday, August 10, 2016)]
[Notices]
[Pages 52961-52962]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18559]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Information Collection Request; Notice and Request for Public
Comment
SUMMARY: The U.S. 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), U.S. Department of the Treasury, is
soliciting comments concerning the Bank Enterprise Award Program (BEA
Program) Application.
DATES: Written comments must be received on or before October 11, 2016
to be assured of consideration.
ADDRESSES: Submit your comments via email to Bob Ibanez, BEA Program
Manager, CDFI Fund, at [email protected].
FOR FURTHER INFORMATION CONTACT: Bob Ibanez, BEA Program Manager, CDFI
Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW.,
Washington, DC. 20220. Other information regarding the CDFI Fund and
its programs may be obtained through the CDFI Fund's Web site at http://www.cdfifund.gov.
SUPPLEMENTARY INFORMATION:
Title: Bank Enterprise Award Program Application.
OMB Number: 1559-0005.
Abstract: The purpose of the Bank Enterprise Award Program (BEA
Program) is to provide an incentive to FDIC-insured depository
institutions to increase their activities in the form of
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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 BEA Program
awards.
Current Actions: Renewal of Existing Information Collection.
Type of Review: Regular Review.
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: 20 hours.
Estimated Total Annual Burden Hours: 1,500 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.
Dennis E. Nolan,
Deputy Director, Community Development Financial Institutions Fund.
[FR Doc. 2016-18559 Filed 8-9-16; 8:45 am]
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