81 FR 29293 - 30-Day Notice of Proposed Information Collection: Border Community Capital Initiative and Semi-Annual Reporting

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 81, Issue 91 (May 11, 2016)

HUD is seeking approval from the Office of Management and Budget (OMB) for renewal of the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.

[Federal Register Volume 81, Number 91 (Wednesday, May 11, 2016)]
[Notices]
[Pages 29293-29294]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-11135]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5909-N-36]


30-Day Notice of Proposed Information Collection: Border 
Community Capital Initiative and Semi-Annual Reporting

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD is seeking approval from the Office of Management and 
Budget (OMB) for renewal of the information collection described below. 
In accordance with the Paperwork Reduction Act, HUD is requesting 
comment from all interested parties on the proposed collection of 
information. The purpose of this notice is to allow for 60 days of 
public comment.

DATES: Comments Due Date: June 10, 2016.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Anna P. Guido, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW., Room 4176, Washington, DC 20410-5000; telephone 202-402-
3400 (this is not a toll-free number) or email at [email protected] 
for a copy of the proposed forms or other available information. 
Persons with hearing or speech impairments may access this number 
through TTY by calling the toll-free Federal Relay Service at (800) 
877-8339.

FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW., Washington, DC 20410; email Anna P. Guido at 
[email protected] or telephone 202-402-3400. This is not a toll-free 
number. Persons with hearing or speech impairments may access this 
number through TTY by calling the toll-free Federal Relay Service at 
(800) 877-8339.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Guido.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for renewal of the information collection 
described in Section A. The Federal Register notice that solicited 
public comment on the information collection for a period of 60 days 
was published on March 4, 2016 at 81 FR 11584.

A. Overview of Information Collection

    Title of Information Collection: Border Community Capital 
Initiative Application and Semi-Annual Reporting.
    OMB Control Number: 2506-0196.
    Type of Request: Extension without change of a currently approved 
collection.
    Form Number: OMB 83-1 SF 424; HUD 424CB; HUD 424-CBW; SF-LLL; HUD 
2880; HUD 2990; HUD 2991; HUD 2993; HUD 2994A; HUD 27061; and HUD 
27300.
    Description of the need for the information and proposed use: The 
Border Community Capital Initiative (``Border Initiative'') is a 
collaborative effort among three federal agencies--the Department of 
Housing and Urban Development (HUD), the Department of the Treasury--
Community Development Financial Institutions Fund (CDFI Fund) and the 
Department of Agriculture--Rural Development (USDA-RD). The 
Initiative's goal is to increase access to capital for affordable 
housing, business lending and community facilities in the chronically 
underserved and

[[Page 29294]]

undercapitalized U.S./Mexico border region. Specifically, it will 
provide direct investment and technical assistance to community 
development lending and investing institutions that focus on affordable 
housing, small business and community facilities to benefit the 
residents of colonias.
    HUD, USDA-RD and the CDFI Fund have all identified the lack of 
capacity among organizations serving the colonias and similar 
persistent poverty communities as a limiting factor in the 
effectiveness of federal programs. Inconsistent availability of limited 
public funding in any one region or community plays a role in this, 
because organizations specializing in affordable housing, small 
business support and community facilities cannot sustain themselves and 
grow. All of the agencies recognize that the targeted border 
communities and populations receive insufficient services because they 
lack organizations with the capacity to effectively respond to 
community needs. Conversely, higher-capacity organizations working 
along the border consistently cite lack of access to capital as a major 
barrier to expansion.
    The Border Initiative focuses on improving colonias communities, 
creating asset building opportunities for colonias residents by helping 
local financial institutions improve their capacity to raise capital, 
and to lend and invest it in their communities. Strengthening local 
community development lenders and investors will also widen the 
channels through which larger private institutions and federal agencies 
can reach potential homeowners, renters, business owners, facilities 
operators and service providers who need their support.
    The list of federally recognized Indian tribes can be found in the 
notice published by the Department of the Interior on Friday, January 
29, 2016 (Federal Register/Vol. 81, Federal Register/Vol. 81, No. 19.
    Respondents (i.e. affected public): Public.
    Estimated Number of Respondents: 50.
    Estimated Number of Responses: 50.
    Frequency of Response: Once.
    Average Hours per Response: .75.
    Total Estimated Burdens: 37.50.

 
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                                             Estimated                       Estimated
                                             number of        Annual         number of      Burden per     Total annual   Hourly rate **    Burden cost
                                            respondents      responses       responses       response          hours                      per instrument
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HUD-424CB...............................              50               1              50             .20           10.00           25.00          250.00
HUD-424CBW..............................              50               1              50             .20           10.00           25.00          250.00
HUD-2880................................              50               1              50             .05            2.50           25.00           62.50
HUD-2990................................              50               1              50             .05            2.50           25.00           62.50
HUD-2991................................              50               1              50             .05            2.50           25.00           62.50
HUD-2993................................              50               1              50             .05            2.50           25.00           62.50
HUD-2994A...............................              50               1              50             .05            2.50           25.00           62.50
HUD-27061...............................              50               1              50             .05            2.50           25.00           62.50
HUD-27300...............................              50               1              50             .05            2.50           25.00           62.50
                                         ---------------------------------------------------------------------------------------------------------------
    Total...............................  ..............  ..............              50             .75           37.50  ..............         $937.50
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Annualized cost @$25.00.

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected parties concerning the collection of information described in 
Section A on the following:
    (1) Whether the proposed collection of information is necessary for 
the proper performance of the functions of the agency, including 
whether the information will have practical utility;
    (2) The accuracy of the agency's estimate of the burden of the 
proposed collection of information;
    (3) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (4) Ways to minimize the burden of the collection of information on 
those who are to respond; including through the use of appropriate 
automated collection techniques or other forms of information 
technology, e.g., permitting electronic submission of responses.
    HUD encourages interested parties to submit comments in response to 
these questions.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35.

    Dated: May 5, 2016.
Anna P. Guido,
Department Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. 2016-11135 Filed 5-10-16; 8:45 am]
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