[Federal Register Volume 72, Number 131 (Tuesday, July 10, 2007)]
[Notices]
[Pages 37567-37568]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-13331]


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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, 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 Native American CDFI 
Assistance (NACA) Program Application.

DATES: Written comments should be received on or before September 10, 
2007 to be assured of consideration.

ADDRESSES: Direct all written 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: A copy of the draft NACA Program 
Application or requests for additional information may be obtained by 
contacting: Ruth Jaure, Program Manager, Community Development 
Financial Institutions Fund, U.S. Department of the Treasury, 601 13th 
Street, NW., Suite 200 South, Washington, DC 20005; or by phone to 
(202) 622-8662.

SUPPLEMENTARY INFORMATION:
    Title: Native American CDFI Assistance (NACA) Program Application.
    OMB Number: 1559-0025.
    Abstract: The Community Development Banking and Financial 
Institutions Act of 1994 (12 U.S.C. 4701 et seq.) (the ``Act'') 
authorizes the Community Development Financial

[[Page 37568]]

Institutions Fund (the ``Fund'') of the U.S. Department of the Treasury 
to promote economic revitalization and community development through 
investment in and assistance to Fund-certified community development 
financial institutions (``CDFIs'') through the CDFI Program. The 
Revised Continuing Appropriations Resolution, 2007 (Pub. L. 110-5) 
authorizes the Fund to provide financial assistance and technical 
assistance to benefit Native American Communities, with such benefit 
being provided primarily through qualified community development lender 
organizations with experience and expertise in community development 
banking and lending in Indian country, Native American organizations, 
Tribes and tribal organizations and other suitable providers.
    Through the NACA Program, the Fund provides (i) FA and/or TA awards 
to Native CDFIs and entities that can be certified as Native CDFIs at 
time of award; and (ii) TA awards to entities that propose to become 
Native CDFIs within two years and ``Sponsoring Entities'' (e.g., Native 
American organizations, Tribes, Tribal organizations) that propose to 
create separate legal entities that will become Native CDFIs within 
three years.
    Type of Review: Revision.
    Affected Public: Not-for-profit institutions; state, local or 
tribal government and tribal entities; and businesses or other for-
profit institutions.
    Estimated Number of Respondents: 40.
    Estimated Annual Time per Respondent: 65 hours.
    Estimated Total Annual Burden Hours: 2,600 hours.
    Request 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 automated 
collection techniques or other forms of information 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. No. 107-73; Pub. L. No. 110-5.

    Dated: June 29, 2007.
Kimberly A. Reed,
Director, Community Development Financial Institutions Fund.
[FR Doc. E7-13331 Filed 7-9-07; 8:45 am]
BILLING CODE 4810-70-P