[Federal Register Volume 88, Number 19 (Monday, January 30, 2023)]
[Notices]
[Page 5964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-01811]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Proposed Collection; 
Comment Request; Bank Enterprise Award (BEA) Program Application

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of information collection; request for comment.

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SUMMARY: The U.S. Department of the Treasury, as part of a 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 (PRA) of 1995. Currently, the Community 
Development Financial Institutions Fund (CDFI Fund), U.S. Department of 
the Treasury, is soliciting comments concerning the Bank Enterprise 
Award Program (BEA Program) Application (Application). The Application 
is an online form submitted through the CDFI Fund's Awards Management 
Information System (AMIS).

DATES: Comments should be received on or before March 1, 2023 to be 
assured of consideration.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
    Copies of the submissions may be obtained from Melody Braswell by 
emailing [email protected], calling (202) 622-1035, or viewing the 
entire information collection request at www.reginfo.gov. Other 
information regarding the CDFI Fund and its programs may be obtained on 
the CDFI Fund website at https://www.cdfifund.gov. The BEA Program 
Application Template, which presents the questions that will comprise 
the online Application, may be obtained from the BEA Program page of 
the CDFI Fund website at https://www.cdfifund.gov/bea.

SUPPLEMENTARY INFORMATION:

Community Development Financial Institutions (CDFI)

    Title: BEA Program Application.
    OMB Number: 1559-0005.
    Abstract: The purpose of the Bank Enterprise Award Program (BEA 
Program) is to provide an incentive to Federal Deposit Insurance 
Corporation-insured (FDIC-insured) depository institutions to increase 
their lending, investment, and financial services to residents and 
businesses located in economically distressed communities, and provide 
assistance to Community Development Financial Institutions (CDFIs) 
through grants, stock purchases, loans, deposits, and other forms of 
financial and technical assistance. The CDFI Fund will make awards 
through the BEA Program to FDIC-insured depository institutions, based 
upon such institutions' demonstrated increase of qualified activities, 
as reported in the Application. The Application will solicit 
information concerning: applicants' eligibility to participate in the 
BEA Program; the increase in total dollar value of applicants' 
qualified activities; impact of qualified activities; and appropriate 
supporting documentation. The questions that the Application contains, 
and the information generated thereby, will enable the CDFI Fund to 
evaluate applicants' activities and determine the extent of applicants' 
eligibility for BEA Program Awards.
    Type of Review: Extension without change of currently approved 
collection.
    Affected Public: Businesses or other for-profit institutions, non-
profit entities, and State, local and Tribal entities participating in 
CDFI Fund programs.
    Estimated Number of Respondents: 141.
    Estimated Frequency of Response: Annually.
    Estimated Total Number of Annual Responses: 141.
    Estimated Annual Time per Respondent: 80 hours.
    Estimated Total Annual Burden Hours: 11,280.
    Authority: 44 U.S.C. 3501 et seq.

Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-01811 Filed 1-27-23; 8:45 am]
BILLING CODE 4810-70-P