[Federal Register Volume 75, Number 2 (Tuesday, January 5, 2010)]
[Notices]
[Pages 517-518]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E9-31332]


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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 U.S. 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 information collections, as required by the Paperwork 
Reduction Act of 1995, Public Law No. 104-13 (44 U.S.C. 3506(c)(2)(A)). 
Currently, the Community Development Financial Institutions Fund (the 
CDFI Fund), an office within the Department of the Treasury, is 
soliciting comments concerning the Bank Enterprise Award (BEA) Program 
Awardee Reporting Form.

DATES: Written comments should be received on or before March 8, 2010 
to be assured of consideration.

ADDRESSES: Direct all comments to Jodie Harris, Associate Program 
Manager, Community Development Financial Institutions Fund, U.S. 
Department of the Treasury, 601 13th Street, NW., Suite 200 South, 
Washington, DC 20005, by e-mail to [email protected] or by 
facsimile to (202) 622-7754. Please note that this is not a toll free 
number.

FOR FURTHER INFORMATION CONTACT: The BEA Program Awardee Reporting Form 
may be obtained from the BEA Program page of the CDFI Fund's Web site 
at http://www.cdfifund.gov. Requests for additional information should 
be directed to Jodie Harris, Associate Program Manager, Community 
Development Financial Institutions Fund, U.S. Department of the 
Treasury, 601 13th Street, NW., Suite 200 South, Washington, DC 20005, 
or call (202) 622-6355. Please note that this is not a toll free 
number.

SUPPLEMENTARY INFORMATION:
    Title: Bank Enterprise Award (BEA) Program Awardee Reporting Form.
    Abstract: The purpose of the BEA Program is to provide an incentive 
to insured depository institutions to increase their activities in the 
form of loans, investments, services, and technical assistance within 
distressed communities and provide financial assistance to community 
development financial institutions through grants, stock purchases, 
loans, deposits, and other forms of financial and technical assistance. 
Applicants submit applications and are evaluated in accordance with 
statutory and regulatory requirements (12 CFR part 1806). Beginning in 
the FY 2009 funding round, the CDFI Fund will require BEA awardees to 
use an amount equivalent to the BEA Award amount for BEA Qualified 
Activities, as defined in the BEA Program regulations. Awardees with 
awards over $50,000 will be required to report to the CDFI Fund on 
these Qualified Activities.
    Current Actions: New collection.
    Type of Review: Regular Review.
    Affected Public: Insured depository institutions that receive a BEA 
Program award.
    Estimated Number of Respondents: 40.
    Estimated Annual Time per Respondent: 1 hour.
    Estimated Total Annual Burden Hours: 40 hours.
    Requests for Comments: Comments submitted in response to this 
notice will

[[Page 518]]

be summarized and/or included in the request for Office of Management 
and Budget approval. All comments will become a matter of public record 
and will be published on the CDFI Fund Web site at http://www.cdfifund.gov. 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.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collections of 
information displays a valid OMB control number.

    Authority:  12 U.S.C. 1834a, 4703, 4713, 4717; 12 CFR part 1806.

    Dated: December 28, 2009.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. E9-31332 Filed 1-4-10; 8:45 am]
BILLING CODE 4810-70-P