[Federal Register: November 6, 2006 (Volume 71, Number 214)]
[Notices]               
[Page 65033-65034]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06no06-85]                         

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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 Community Development Financial Institutions Fund (the 
Fund), a government corporation within 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 Fund is soliciting 
comments concerning the Fund's conflict of interest reporting 
requirements for contract readers of applications submitted for funding 
under the Fund's various programs.

DATES: Written comments must be received on or before January 5, 2007 
to be assured of consideration.

ADDRESSES: All comments must be submitted in writing and sent to 
Jeffrey C. Berg, Legal Counsel, as follows: (i) by mail to: Community 
Development Financial Institutions Fund, U.S. Department of the 
Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005; 
(ii) by e-mail to: conflictofinterestcomments[fxsp0]@cdfi.treas.gov; or 
(iii) by fax to: 202/622-8244.

FOR FURTHER INFORMATION CONTACT: A copy of the conflict of interest 
information collection or requests for additional information may be 
obtained by contacting Ashanti McCallum, Paralegal Specialist, as 
follows: (i) By mail to: Community Development Financial Institutions 
Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 
South, Washington, DC 20005; (ii) by e-mail to: 
mccallluma@cdfi.treas.gov; or (iii) by fax to: 202/622-8244.


SUPPLEMENTARY INFORMATION: 
    Title: The Community Development Financial Institutions Fund--
Conflict of Interest Package for Non-Federal Readers.
    OMB Number: 1559-0011.
    Abstract: Through its programs the Fund supports financial 
institutions around the country that are specifically dedicated to 
financing and supporting community and economic development activities. 
This strategy builds strong institutions that make loans and 
investments and provide financial services in markets (including 
economically distressed investments areas and targeted populations) 
whose needs for loans, investments, and financial services have not 
been fully met by traditional financial institutions, particularly in 
the areas of promoting homeownership, developing of affordable housing, 
and stimulating small business development, as well as providing 
financial services to those that have not previously accessed financial 
institutions.
    Consistent with the Federal Acquisition Regulations provisions on 
conflicts of interest, the Fund has applied, and will continue to 
apply, a conflict of interest policy with respect to its contract (non-
Federal employee) readers that avoids a reader's participation in the 
evaluation or process of selection of applications where such 
participation creates a conflict of interest or an appearance of a 
conflict of interest. The conflict of interest review materials are 
used by the Fund to determine whether or not a contractor's financial 
interest, or that of the contractor's spouse, parent, dependent child, 
or member of household, may result in a conflict, or apparent conflict 
of interest with the individual's duties and responsibilities as a 
contractor evaluating applications. The completion of the package is 
mandatory for all contractors prior to their selection as readers.
    Current Action: Extension.
    Type of Review: Renewal.
    Affected Public: Individuals.
    Estimated Number of Respondents: 150.
    Estimated Annual Time per Respondent: 45 minutes (0.75 hours).

[[Page 65034]]

    Estimated Total Annual Burden Hours: 112.5 hours.
    Request 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. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency'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 required to provide information.

    Authority: 12 U.S.C. 4703(c) and 48 CFR subpart 9.5.

    Dated: October 31, 2006.
Arthur A. Garcia,
Director, Community Development Financial Institutions Fund.
[FR Doc. E6-18650 Filed 11-3-06; 8:45 am]

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