[Federal Register Volume 70, Number 22 (Thursday, February 3, 2005)]
[Notices]
[Page 5721]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-2015]


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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. No. 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 April 4, 2005 
to be assured of consideration.

ADDRESS: 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 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, D.C. 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. 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: 315.
    Estimated Annual Time Per Respondent: 40 hours.
    Estimated Total Annual Burden Hours: 12,600 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: January 21, 2005.
Arthur Garcia,
Director, Community Development Financial Institutions Fund.
[FR Doc. 05-2015 Filed 2-2-05; 8:45 am]
BILLING CODE 4810-70-P