[Federal Register Volume 83, Number 113 (Tuesday, June 12, 2018)]
[Notices]
[Pages 27370-27371]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-12605]


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DEPARTMENT OF THE TREASURY


Community Development Financial Institutions Fund

    Funding Opportunity Title: Revised Notice of Guarantee Availability 
(NOGA) Inviting Qualified Issuer Applications and Guarantee 
Applications for the Community Development Financial Institutions 
(CDFI) Bond Guarantee Program.
    Announcement Type: Announcement of opportunity to submit Qualified 
Issuer Applications and Guarantee Applications.
    Catalog of Federal Domestic Assistance (CFDA) Number: 21.011.

DATES: Qualified Issuer Applications and Guarantee Applications may be 
submitted to the CDFI Fund starting on the date of publication of this 
Notice of Guarantee Availability (NOGA). In order to be considered for 
the issuance of a Guarantee in fiscal year (FY) 2018, Qualified Issuer 
and Guarantee Applications must be submitted by 11:59 p.m. EST on July 
12, 2018. If applicable, CDFI Certification Applications must be 
received by the CDFI Fund by 11:59 p.m. EST on July 12, 2018. Under the 
Congressional authorization in the Consolidated Appropriations Act, 
2018, the amount of FY 2018 Guarantee Authority available is up to $500 
million. Bond Documents and Bond Loan documents must be executed, and 
Guarantees will be provided, in the order in which Guarantee 
Applications are approved or by such other criteria that the CDFI Fund 
may establish, in its sole

[[Page 27371]]

discretion, and in any event by December 31, 2018.
    Executive Summary: This revised NOGA is published in connection 
with the CDFI Bond Guarantee Program, administered by the Community 
Development Financial Institutions Fund (CDFI Fund), the U.S. 
Department of the Treasury (Treasury). Through this NOGA, the CDFI Fund 
announces the availability of up to $500 million of Guarantee Authority 
in FY 2018. On November 2, 2017, the Community Development Financial 
Institutions Fund (CDFI Fund) announced the opportunity for the 
submission of Qualified Issuer Applications and Guarantee Applications 
for the CDFI Bond Guarantee Program (82 FR 50944). On January 18, 2018, 
the CDFI Fund published a revised NOGA extending the deadline for the 
submission of Guarantee Applications under the CDFI Bond Guarantee 
Program (83 FR 2724).
    This revised NOGA is re-opening the FY 2018 Application round of 
the CDFI Bond Guarantee Program with an application submission deadline 
of 11:59 p.m. EST on July 12, 2018 to provide interested parties with 
the opportunity to participate in the CDFI Bond Guarantee Program. The 
NOGA published on November 2, 2017, (82 FR 50944) explains application 
submission and evaluation requirements and processes. Parties 
interested in being approved for a Guarantee under the CDFI Bond 
Guarantee Program must submit Qualified Issuer Applications and 
Guarantee Applications for consideration in accordance with this NOGA.
    Capitalized terms used in this NOGA and not defined elsewhere are 
defined in the CDFI Bond Guarantee Program regulations (12 CFR 
1808.102) and the CDFI Program Regulations (12 CFR 1805.104).
    All other information and requirements set forth in the NOGA 
published November 2, 2017, (82 FR 50944) as amended, shall remain 
effective, as published.

I. Guarantee Opportunity Description

    A. Authority. The CDFI Bond Guarantee Program was authorized by the 
Small Business Jobs Act of 2010 (Pub. L. 111-240; 12 U.S.C. 4713a) (the 
Act). Section 1134 of the Act amended the Riegle Community Development 
and Regulatory Improvement Act of 1994 (12 U.S.C. 4701, et seq.) to 
provide authority to the Secretary of the Treasury (Secretary) to 
establish and administer the CDFI Bond Guarantee Program.
    B. Application Deadlines. In order to be considered for the 
issuance of a Guarantee under FY 2018 program authority, Qualified 
Issuer and Guarantee Applications must be submitted by 11:59 p.m. EST 
on July 12, 2018. If applicable, CDFI Certification Applications must 
be received by the CDFI Fund by 11:59 p.m. EST on July 12, 2018.

II. Agency Contacts

    A. General information on questions and CDFI Fund support. The CDFI 
Fund will respond to questions and provide support concerning this 
revised NOGA and Qualified Issuer and Guarantee Applications between 
the hours of 9:00 a.m. and 5:00 p.m. ET, starting with the date of the 
publication of this revised NOGA. The final date to submit questions is 
[28 days after the publication of the NOGA]. Applications and other 
information regarding the CDFI Fund and its programs may be obtained 
from the CDFI Fund's website at http://www.cdfifund.gov. The CDFI Fund 
will post on its website responses to questions of general 
applicability regarding the CDFI Bond Guarantee Program.
    B. The CDFI Fund's contact information is as follows:

                                               Contact Information
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                                         Telephone number (not toll
            Type of question                        free)                          Email addresses
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CDFI Bond Guarantee Program............  (202) 653-0421, Option 5..  [email protected].
CDFI Certification.....................  (202) 653-0423............  [email protected].
Compliance Monitoring and Evaluation...  (202) 653-0423............  [email protected].
Information Technology Support.........  (202) 653-0422............  [email protected].
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    C. Communication with the CDFI Fund. The CDFI Fund will use the 
AMIS internet interface to communicate with applicants, Qualified 
Issuers, Program Administrators, Servicers, Certified CDFIs and 
Eligible CDFIs, using the contact information maintained in their 
respective AMIS accounts. Therefore, each such entity must maintain 
accurate contact information (including contact person and authorized 
representative, email addresses, fax numbers, phone numbers, and office 
addresses) in its respective AMIS account. For more information about 
AMIS, please see the AMIS Landing Page at https://amis.cdfifund.gov.

    Authority:  Pub. L. 111-240; 12 U.S.C. 4701, et seq.; 12 CFR 
part 1808; 12 CFR part 1805; 12 CFR part 1815.

Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2018-12605 Filed 6-11-18; 8:45 am]
 BILLING CODE 4810-70-P