[Federal Register Volume 76, Number 209 (Friday, October 28, 2011)]
[Notices]
[Page 67021]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-27973]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Proposed Collection; Comment Request
ACTION: Notice and request for comments.
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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 (the ``CDFI Fund'') within the Department of the
Treasury is soliciting comments concerning the Bank Enterprise Award
(``BEA'') Program Application.
DATES: Written comments should be received on or before December 27,
2011 to be assured of consideration.
ADDRESSES: Direct all comments to Mia Sowell, Policy and Program
Officer, at the Community Development Financial Institutions Fund, U.S.
Department of the Treasury, 601 13th Street NW., Suite 200 South,
Washington, DC 20005, by email to [email protected] or by
facsimile to (202) 622-7754. This is not a toll free number.
FOR FURTHER INFORMATION CONTACT: The BEA Program application may be
obtained from the BEA page of the CDFI Fund's Web site at http://www.cdfifund.gov. Requests for additional information should be
directed to Mia Sowell, Policy and Program Officer, Community
Development Financial Institutions Fund, U.S. Department of the
Treasury, 601 13th Street NW., Suite 200 South, Washington, DC 20005,
or call (202) 622-6355. This is not a toll free number.
SUPPLEMENTARY INFORMATION:
Title: Bank Enterprise Award Program Application.
OMB Number: 1559-0005.
Abstract: The purpose of the BEA Program is to provide an incentive
to 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 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.
Current Actions: Renewed collection.
Type of Review: Regular Review.
Affected Public: FDIC insured depository institutions.
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 Office of
Management and Budget approval. All comments will become a matter of
public record and will 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, 4703 note, 4713, 4717; 31
U.S.C. 321; 12 CFR part 1806.
Dated: October 21, 2011.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2011-27973 Filed 10-27-11; 8:45 am]
BILLING CODE 4810-70-P