[Federal Register Volume 71, Number 164 (Thursday, August 24, 2006)]
[Notices]
[Page 50117]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-13997]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

August 18, 2006.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
    Dates: Written comments should be received on or before September 
25, 2006 to be assured of consideration.

Community Development Financial Institutions Fund

    OMB Number: 1559-0016.
    Type of Review: Revision.
    Form: CDFI 0020.
    Title: New Markets Tax Credit (NMTC) Program Allocation 
Application.
    Description: The New Markets Tax Credit (NMTC) Program will provide 
an incentive to investors in the form of a tax credit, which is 
expected to stimulate investment in private capital that, and in turn, 
will facilitate economic and community development in low-income 
communities. In order to qualify for an allocation of tax credits under 
the NMTC Program an entity must be certified as a qualified community 
development entity and submit an allocation application to the CDFI 
Fund. Upon receipt of such applications, the CDFI Fund will conduct a 
competitive review process to evaluate applications for the receipt of 
NMTC allocations.
    Respondents: Private and State, Local or Tribal Governments.
    Estimated Total Burden Hours: 41,650 hours.
    Clearance Officer: Matt Josephs, Community Development Financial 
Institutions Fund, Department of the Treasury, 601 13th Street, NW., 
Suite 200 South, Washington, DC 20005, (202) 622-9254.
    OMB Reviewer: Alexander T. Hunt, Office of Management and Budget, 
Room 10235, New Executive Office Building, Washington, DC 20503, (202) 
395-7316.

Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. E6-13997 Filed 8-23-06; 8:45 am]
BILLING CODE 4810-70-P