[Federal Register Volume 68, Number 117 (Wednesday, June 18, 2003)]
[Notices]
[Page 36632]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-15360]


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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, Pub. L. 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 Community Development Financial 
Institutions (``CDFI'') Program; Certification/Re-certification 
Application.

DATES: Written comments should be received on or before August 18, 2003 
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 will be in the same form as the Eligibility and 
Certification Materials section of the CDFI Program--Technical 
Assistance Component application (located at Part II, page 21), except 
that questions under Subparts A and C will not be included in the 
stand-alone Certification/Re-certification application and there will 
be no opportunities for applicants that do not meet a specific 
certification requirement(s) to provide a narrative describing its 
proposal to meet such requirement(s).The Technical Assistance Component 
application may be obtained from the 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.

SUPPLEMENTARY INFORMATION:
    Title: The Community Development Financial Institutions Program--
Certification/Re-Certification Application.
    OMB Number: 1559-0006.
    Abstract: The purpose of the CDFI Program is to promote economic 
revitalization and community development through investment in and 
assistance to certified CDFIs. Through the CDFI Program, the Fund makes 
financial investments in and may provide technical assistance grants to 
CDFIs 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 Fund.
    Type of Review: Extension.
    Affected Public: Not-for-profit institutions, businesses or other 
for-profit institutions and tribal entities.
    Estimated Number of Respondents: 215.
    Estimated Annual Time Per Respondent: 40 hours.
    Estimated Total Annual Burden Hours: 8,600 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 Fund, including 
whether the information shall have practical utility; (b) the accuracy 
of the 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: June 12, 2003.
Tony T. Brown,
Director, Community Development Financial Institutions Fund.
[FR Doc. 03-15360 Filed 6-17-03; 8:45 am]
BILLING CODE 4810-70-P