[Federal Register Volume 76, Number 150 (Thursday, August 4, 2011)]
[Notices]
[Pages 47298-47299]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-19749]


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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 and/or continuing 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 CDFI Program 
Healthy Food Financing Initiative--Financial Assistance (HFFI-FA) 
Supplemental Questionnaire.

DATES: Written comments should be received on or before October 3, 2011 
to be assured of consideration.

ADDRESS: Direct all comments to Ruth Jaure, CDFI Program Manager, at 
the 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 this is not a toll free number.

FOR FURTHER INFORMATION CONTACT: The HFFI-FA Supplemental Questionnaire 
may be obtained from the CDFI Program page of the CDFI Fund's Web site 
at http://www.cdfifund.gov. Requests for additional information should 
be directed to Ruth Jaure, CDFI 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-
9156. Please note this is not a toll free number.

SUPPLEMENTARY INFORMATION: 
    Title: Healthy Food Financing Initiative--Financial Assistance 
Program Supplemental Questionnaire.
    OMB Number: 1559-0040.
    Abstract: The Community Development Financial Institutions (CDFI) 
Program was established by the Community Development and Regulatory 
Improvement Act of 1994 to use federal resources to invest in and build 
the capacity of CDFIs to serve low-income people and communities 
lacking adequate access to affordable financial products and services. 
Through the CDFI Program, the CDFI Fund provides: (1) Financial 
Assistance (FA) awards to CDFIs that have Comprehensive Business Plans 
for creating demonstrable community development impact through the 
deployment of credit, capital, and financial services within their 
respective Target Markets or the expansion into new Investment Areas, 
Low-Income Targeted Populations, or Other Targeted Populations, and 
(ii) Technical Assistance (TA) grants to CDFIs and entities proposing 
to become CDFIs in order to build their capacity to better address the 
community development and capital access needs of their existing or 
proposed Target Markets and/or to become certified CDFIs.
    In FY 2011, the CDFI Fund distributed a HFFI-FA Supplemental 
Questionnaire to FA applicants that met a minimum FA scoring threshold. 
The HFFI-FA Program is one component of the Federal government's 
Healthy Food Financing Initiative (HFFI). The HFFI represents the 
government's first coordinated step to eliminate food deserts--urban 
and rural areas in the United States with limited access to affordable 
and nutritious food, particularly areas composed of predominantly 
lower-income neighborhoods and communities--by promoting a wide range 
of interventions that expand the supply of and demand for nutritious 
foods, including increasing the distribution of agricultural products; 
developing and equipping grocery stores and strengthening the producer-
to-consumer relationship.
    The questions that the supplemental questionnaire contains, and the 
information generated thereby, will enable the Fund to evaluate 
applicants' activities and determine the extent of applicants' 
eligibility for a CDFI HFFI-FA award. Failure to collect this 
information could result in improper uses of Federal funds.
    Current Actions: Reinstatement with change of a previously approved 
collection.
    Type of Review: Regular Review.
    Affected Public: Certified CDFIs and entities seeking CDFI 
Certification.
    Estimated Number of Respondents: 50.
    Estimated Annual Time per Respondent: 20 hours.
    Estimated Total Annual Burden Hours: 1,000 hours.
    Requests for Comments: Comments submitted in response to this 
notice will be summarized and/or included in the

[[Page 47299]]

request for Office of Management and Budget approval. All comments will 
become a matter of public record and may 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 CDFI Fund, including whether the 
information shall have practical utility; (b) the accuracy of the CDFI 
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.
    The CDFI Fund specifically requests comments concerning the 
following: (1) Whether the use of a different definition for ``food 
deserts'' would be more in line with CDFI activity in this area; (2) 
whether the use of a different definition for ``healthy foods'' is 
needed; (3) whether the CDFI Fund should allow for additional 
indicators to describe needs in an Applicant's Target Market; (4) 
whether the distinct business models followed by different types of 
CDFIs (such as loan funds, banks, credit unions, and venture capital 
funds) merit individualized applications; and (5) the merit of further 
reducing or increasing the narrative page limits in the application.

    Authority: 12 U.S.C. 1834a, 4703, 4703 note, 4713, 4717; 31 
U.S.C. 321; 12 CFR part 1806.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2011-19749 Filed 8-3-11; 8:45 am]
BILLING CODE 4810-70-P