[Federal Register Volume 76, Number 73 (Friday, April 15, 2011)]
[Notices]
[Pages 21426-21427]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-9205]
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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 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 the
Capital Magnet Fund (CMF) Environmental Review Notification Report
(ERNR).
DATES: Written comments should be received on or before June 14, 2011
to be assured of consideration.
ADDRESSES: Direct all comments 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, by e-mail to [email protected] or by facsimile to (202)
622-7754. This is not a toll free number.
FOR FURTHER INFORMATION CONTACT: The CMF Environmental Review
Notification Report may be obtained from the CMF page of the CDFI
Fund's Web site at http://www.cdfifund.gov. Requests for 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 Environmental Review Notification
Report.
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). Successful CMF Applicants
who receive awards must enter into assistance agreements with the CDFI
Fund. The assistance agreement will set forth certain required terms
and conditions of the award, including reporting and data collection
requirements. The assistance agreement also requires the awardee to
complete and submit the ERNR each time the awardee identifies a new CMF
project for which (i) a categorical exclusion does not apply, or (ii)
the awardee determines that the proposed project does involve actions
that normally require an Environmental Impact Statement; as described
in the CDFI
[[Page 21427]]
Fund Environmental Quality Regulations (12 CFR part 1815). The ERNR
will assist the CDFI Fund in determining whether additional
environmental review is necessary for the proposed CMF project, as
mandated by 12 CFR Part 1815.
Current Actions: New collection.
Type of Review: Regular Review.
Affected Public: Capital Magnet Fund Awardees.
Estimated Number of Respondents: 20.
Estimated Annual Time per Respondent: 4 hours.
Estimated Total Annual Burden Hours: 80 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: Pub. L. 110-289.
Dated: April 8, 2011.
Donna Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2011-9205 Filed 4-14-11; 8:45 am]
BILLING CODE 4810-70-P