[Federal Register: May 30, 2008 (Volume 73, Number 105)]
[Notices]               
[Page 31191-31192]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30my08-112]                         

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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 No. 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 Community Development 
Financial Institutions (``CDFI'') Program: Certification/Re-
certification Application located at http://www.cdfifund.gov.

DATES: Written comments should be received on or before July 29, 2008 
to be assured of consideration.

ADDRESSES: Direct all comments to Linda G. Davenport, Deputy Director 
for Policy and Programs, Community Development Financial Institutions 
Fund, U.S. Department of the Treasury, 601 13th Street, NW., Suite 200 
South, Washington, DC 20005, Facsimile Number (202) 622-7754.

FOR FURTHER INFORMATION CONTACT: The Certification/Re-certification 
application may be obtained from the CDFI Fund's Web site at http://
www.cdfifund.gov. Requests for additional information should be 
directed to Linda G. Davenport, Deputy Director for Policy and 
Programs, Community Development Financial Institutions Fund, U.S. 
Department of the Treasury, 601 13th Street, NW., Suite 200 South, 
Washington, DC 20005, or call (202) 622-8662. This is not a toll free 
number.

SUPPLEMENTARY INFORMATION:
    Title: The Community Development Financial Institutions Program--
Certification/Re-Certification Application.
    OMB Number: 1559-0028.
    Abstract: The purpose of the CDFI Program is to promote economic 
revitalization and community development through investment in and 
assistance to certified CDFIs and entities seeking CDFI certification. 
Through the CDFI Program, the CDFI Fund makes financial investments in 
and provides technical assistance grants to CDFIs and organizations 
seeking CDFI certification that have comprehensive business plans for 
creating demonstrable community development impact through the 
deployment of capital within their respective target markets for 
community development finance purposes. In order to be certified as a 
CDFI, an entity must submit an application for certification to the 
CDFI Fund.
    Type of review: Extension.

[[Page 31192]]

    Affected Public: Not-for-profit institutions, businesses or other 
for-profit institutions and tribal entities.
    Estimated Number of Respondents: 300.
    Estimated Annual Time Per Respondent: 37.5 hours.
    Estimated Total Annual Burden Hours: 11,250 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. 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. 4703, 4703 note, 4704, 4706, 4707, 4717; 12 
CFR part 1805.

    Dated: May 27, 2008.
Donna Gambrell,
Director, Community Development Financial Institutions Fund.
 [FR Doc. E8-12089 Filed 5-29-08; 8:45 am]

BILLING CODE 4810-70-P