[Federal Register Volume 79, Number 136 (Wednesday, July 16, 2014)]
[Notices]
[Pages 41626-41627]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-16625]


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DEPARTMENT OF THE TREASURY


Proposed Collection; Comment Request; Departmental Offices

AGENCY: Departmental Offices, Treasury.

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 comment on an extension of an 
existing information collection, as required by the Paperwork Reduction 
Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, 
the Office of Financial Stability, within the Department of the 
Treasury, is soliciting comments concerning grants to states for low-
income housing projects in lieu of tax credits.

DATES: Written comments should be received on or before September 15, 
2014 to be assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to Jean Whaley, Department of the Treasury, 1500 
Pennsylvania Avenue NW., Room 2045, Washington, DC 20220 or to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Jean Whaley, Department of the Treasury, 1500 
Pennsylvania Avenue NW., Room 2045, Washington, DC 20220 or to 
[email protected].

SUPPLEMENTARY INFORMATION: 

[[Page 41627]]

    OMB Control Number: 1505-0218.
    Title: Grants to States for Low-Income Housing Projects in lieu of 
Tax Credits.
    Abstract: Authorized under the American Recovery and Reinvestment 
Act (ARRA) (Pub. L. 111-5), the Department of the Treasury implemented 
several provisions of the Act, more specifically Division B--Tax, 
Unemployment, Health, State Fiscal Relief, and Other Provisions. Among 
these components is a program which requires Treasury to make payments, 
in lieu of a tax credit, to state housing credit agencies. State 
housing credit agencies use the funds to make subawards to finance the 
construction or acquisition and rehabilitation of qualified low-income 
buildings. The collection of information from the agencies is necessary 
to properly monitor compliance with program requirements.
    Type of Review: Extension without change of a currently approved 
collection.
    Affected Public: State, Local, and Tribal Governments.
    Estimated Number of Respondents: 55.
    Estimated Annual Hours per Response: 0.50.
    Estimated Annual Burden Hours: 57.
    Request For Comments: Comments submitted in response to this notice 
will be summarized and included in the request for Office of Management 
and Budget (OMB) approval. All comments will become a matter of public 
record. The public is invited to submit comments concerning: (a) 
Whether the collection of information is necessary for the proper 
performance of the functions of the agency, including whether the 
information will 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; and (d) ways to minimize the burden of the collection of 
information on respondents, including 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.

    Dated: July 10, 2014.
Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2014-16625 Filed 7-15-14; 8:45 am]
BILLING CODE 4810-25-P