[Federal Register Volume 75, Number 17 (Wednesday, January 27, 2010)]
[Notices]
[Page 4450]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-1636]


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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 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. This notice replaces the notice posted in the 
Federal Register, Vol. 75, No. 2, Tuesday, January 5, 2010 (75 FR 517). 
Please disregard the former notice.

DATES: Written comments should be received on or before March 29, 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 1806). Beginning in the 
FY 2009 funding round, the CDFI Fund requires 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 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 
collection of information displays a valid OMB control number.

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

    Dated: January 21, 2010.
Donna J. Gambrell,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2010-1636 Filed 1-26-10; 8:45 am]
BILLING CODE 4810-70-P