[Federal Register Volume 75, Number 180 (Friday, September 17, 2010)]
[Notices]
[Pages 57107-57108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-23301]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Proposed Collection; Comment Request
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
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 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 (CDFI)
Fund, Department of the Treasury, is soliciting comments concerning
reporting and record retention requirements for the Capital Magnet Fund
(CMF).
DATES: Written comments should be received on or before November 16,
2010 to be assured of consideration.
ADDRESSES: Direct all comments to Capital Magnet Fund Manager,
Community Development Financial Institutions Fund, U.S. Department of
the Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC
20005, by e-mail to [email protected] or by facsimile to (202)
622-7754. This is not a toll free number.
FOR FURTHER INFORMATION CONTACT: Additional information about CMF may
be obtained from the CMF page of the CDFI Fund's Web site at http://www.cdfifund.gov. The CMF Program Awardee Reporting Form may also be
obtained from the CMF Program page of the CDFI Fund's Web site.
Requests for
[[Page 57108]]
any additional information should be directed to David Dworkin, Program
Manager, 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: Capital Magnet Fund Reporting.
Abstract: The purpose of the CMF is to competitively award grants
to certified CDFIs and qualified nonprofit housing organizations to
finance affordable housing and related community development projects.
The CMF was authorized in July of 2008 under Section 1339 of the
Housing and Economic Recovery Act of 2008 (Pub. L. 110-289), and $80
million was appropriated for this initiative under the Consolidated
Appropriations Act of 2010 (Pub. L. 111-117). Applicants submit
applications and are evaluated in accordance with statutory
requirements. Those successful applicants will receive an award and
ultimately enter into an assistance agreement with the CDFI Fund. The
Assistance Agreement will set forth certain required terms and
conditions of the award, including reporting and data collection
requirements.
Current Actions: New collection.
Type of Review: Regular Review.
Affected Public: Certified and certifiable CDFIs and qualified
nonprofit housing organizations.
Estimated Number of Respondents: 20.
Estimated Annual Time per Respondent: 10 hours per year.
Estimated Total Annual Burden Hours: 200 hours per year.
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: Public Law 110-289.
Dated: September 9, 2010.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2010-23301 Filed 9-16-10; 8:45 am]
BILLING CODE 4810-70-P