[Federal Register Volume 79, Number 188 (Monday, September 29, 2014)]
[Notices]
[Page 58403]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-23046]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

September 23, 2014.
    The Department of the Treasury will submit the following 
information collection request to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, Public Law 104-13, on or after the date of 
publication of this notice.

DATES: Comments should be received on or before October 29, 2014 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion for reducing 
the burden, to (1) Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attention: Desk Officer for Treasury, New 
Executive Office Building, Room 10235, Washington, DC 20503, or email 
at [email protected] and (2) Treasury PRA Clearance 
Officer, 1750 Pennsylvania Ave. NW., Suite 8140, Washington, DC 20220, 
or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submission(s) may be 
obtained by calling (202) 927-5331, email at [email protected], or the 
entire information collection request may be found at www.reginfo.gov.

Community Development Financial Institutions (CDFI) Fund

    OMB Number: 1559-0044.
    Type of Review: Revision of a currently approved collection.
    Title: Bond Guarantee Program.
    Abstract: The purpose of the Community Development Financial 
Institutions (CDFI) Bond Guarantee Program (BG Program) is to support 
CDFI lending by providing Guarantees for Bonds issued by Qualified 
Issuers as part of a Bond Issue for Eligible Community or Economic 
Development Purposes.
    Affected Public: Private Sector: Businesses or other for-profits, 
Not-for-profit institutions.
    Estimated Number of Annual Responses: 570.
    Estimated Annual Burden Hours: 9,100.
    Reason for Change: The CDFI Fund has developed two new information 
collection instruments to support the collection of financial and 
impact data from borrowers under the Bond Guarantee (BG) Program. The 
information collected is crucial for adequately managing and monitoring 
the total portfolio of outstanding Bond Loans.
    The Financial Condition Monitoring (FCM) Report is a quarterly 
report submission, allowing for the BG Program to monitor and compare 
eligible CDFIs' balance sheets, income statements and cash flows, and 
portfolio quality in a standard format.
    The Pledged Loan Monitoring (PLM) Report is a monthly report 
submission, allowing the BG Program to monitor the terms, payment 
performance and value of the underlying collateral (i.e., pledged loan 
receivables) for the Bond Loans on a real-time basis.

Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2014-23046 Filed 9-26-14; 8:45 am]
BILLING CODE 4810-70-P