[Federal Register Volume 66, Number 27 (Thursday, February 8, 2001)]
[Notices]
[Pages 9629-9630]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-3038]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Proposed Collection; Comment Request

ACTION: Notice and request for comments.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and

[[Page 9630]]

other Federal agencies 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 Fund) within the 
Department of the Treasury is soliciting comments concerning the Bank 
Enterprise Award (BEA) Program.

DATES: Written comments should be received on or before April 9, 2001 
to be assured of consideration.

ADDRESSES: Direct all comments to Margaret Nilson, 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: Requests for additional information or 
copies of the form(s) and instructions should be directed to the 
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.

SUPPLEMENTARY INFORMATION:
    Title: Bank Enterprise Award Program.
    OMB Number: 1559-0005.
    Abstract: The Fund was established by the Community Development 
Banking and Financial Institutions Act of 1994 (the ``Act'') in order 
to promote economic revitalization and community development by 
supporting community development financial institutions (CDFIs) and 
providing incentives for banks and thrifts to increase their lending, 
investment, and services within distressed communities. The Fund's BEA 
Program helps achieve this purpose by providing financial incentives 
for FDIC-insured banks and thrifts to increase their investments in 
CDFIs or their lending, investments, and services in ``Distressed 
Communities.''
    Current Actions: The Fund considering revisions to BEA Program 
regulations (12 CFR part 1806).
    Type of review: Extension with change.
    Affected Public: Insured depository institutions.
    Estimated Number of Respondents: 200.
    Estimated Time Per Respondent: Application: 10; Final Report: 7.
    Estimated Total Annual Burden Hours: 3,400.

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 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 to provide information.

    Authority: 12 U.S.C. 1834a, 4701, 4704, 4713; 12 CFR part 1806.

    Dated: January 31, 2001.
Jeffrey C. Berg,
Acting Director, Community Development Financial Institutions Fund.
[FR Doc. 01-3038 Filed 2-7-01; 8:45 am]
BILLING CODE 4810-70-P