81_FR_29416 81 FR 29325 - Requests for Information: Community Development Financial Institutions Prize Competition

81 FR 29325 - Requests for Information: Community Development Financial Institutions Prize Competition

DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund

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

Page Range29325-29327
FR Document2016-11099

The Community Development Financial Institutions Fund (CDFI Fund), Department of the Treasury, requests comments from the public regarding a proposed CDFI Prize Competition to be administered by the CDFI Fund in Fiscal Year (FY) 2016. The proposed FY 2016 CDFI Prize Competition will reward selected applicants with monetary prizes for proposing innovative ideas and approaches to increasing CDFI investment and access to capital in underserved rural areas. The CDFI Fund expects that, through the proposed competition, it will award no less than $1,000,000 of FY 2016 appropriated funds, through the prize competition authority granted by the America COMPETES Reauthorization Act of 2010 (15 U.S.C. 3719) (the Act). The CDFI Fund expects to publish detailed information regarding the FY 2016 CDFI Prize Competition, including information on how to apply to be considered for prizes to be awarded through the competition, through www.challenge.gov, on or about June 1, 2016. Capitalized terms found in this notice are defined in the regulations that govern the CDFI Program, at 12 CFR 1805.104.

Federal Register, Volume 81 Issue 91 (Wednesday, May 11, 2016)
[Federal Register Volume 81, Number 91 (Wednesday, May 11, 2016)]
[Notices]
[Pages 29325-29327]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-11099]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Requests for Information: Community Development Financial 
Institutions Prize Competition

ACTION: Notice and request for information.

-----------------------------------------------------------------------

SUMMARY: The Community Development Financial Institutions Fund (CDFI 
Fund), Department of the Treasury, requests comments from the public 
regarding a proposed CDFI Prize Competition to be administered by the 
CDFI Fund in Fiscal Year (FY) 2016. The proposed FY 2016 CDFI Prize 
Competition will reward selected applicants with monetary prizes for 
proposing innovative ideas and approaches to increasing CDFI investment 
and access to capital in underserved rural areas. The CDFI Fund expects 
that, through the proposed competition, it will award no less than 
$1,000,000 of FY 2016 appropriated funds, through the prize competition 
authority granted by the America COMPETES Reauthorization Act of 2010 
(15 U.S.C. 3719) (the Act). The CDFI Fund expects to publish detailed 
information regarding the FY 2016 CDFI Prize Competition, including 
information on how to apply to be considered for prizes to be awarded 
through the competition, through www.challenge.gov, on or about June 1, 
2016. Capitalized terms found in this notice are defined in the 
regulations that govern the CDFI Program, at 12 CFR 1805.104.

DATES: Written comments must be received by 11:59 p.m. May 25, 2016 to 
be assured of consideration.

ADDRESSES: Submit your comments via email to William Girardo, Portfolio 
Manager, CDFI Fund, at [email protected].

FOR FURTHER INFORMATION CONTACT: William Girardo, Portfolio Manager, 
CDFI Fund, 1500 Pennsylvania Avenue NW., Washington, DC 20220, (202) 
653-0383 (not a toll-free number). Other information regarding the CDFI 
Fund and its programs may be obtained through the CDFI Fund's Web site 
at http://www.cdfifund.gov.

SUPPLEMENTARY INFORMATION: Section 3719(d) of the Act states that 
Federal

[[Page 29326]]

agencies must ``consult widely both within and outside the Federal 
Government'' when selecting topics for prize competitions. The topic of 
the proposed FY 2016 CDFI Prize Competition is to stimulate innovation 
that will build capacity to expand CDFI investments in underserved 
rural areas, particularly those that are characterized by persistent 
poverty. As required by the Act, the proposed FY 2016 CDFI Prize 
Competition will award innovative proposals that (i) identify and 
promote new ideas and practices, thereby facilitating their 
implementation by CDFIs that serve rural Target Markets, and/or (ii) 
create value during and after the competition by encouraging 
contestants--and CDFIs that serve rural Target Markets--to change their 
behavior or develop new skills that may have beneficial effects during 
and after the competition. Please note that the purpose of the proposed 
prize competition is to stimulate and reward innovative ideas: Since 
the proposed prize competition is not a grant or contract program, the 
prize funds are to reward ideas and proposals, and not for their 
implementation or the costs of their implementation.
    In addition to seeking feedback on this proposed prize competition 
topic, the CDFI Fund seeks feedback from the public through this 
Request for Information (RFI) regarding a variety of questions on the 
proposed FY 2016 CDFI Prize Competition, including proposed eligibility 
and submission requirements, and evaluation criteria.

I. Request for Information

    The CDFI Fund is seeking public comment through this RFI regarding 
certain aspects of the proposed FY 2016 CDFI Prize Competition, 
including the proposed topic. In particular, we are interested in 
responses to the questions listed in the Section V, Key Questions. We 
also seek any additional information beyond these questions that 
members of the public believe would assist in the implementation of the 
proposed FY 2016 CDFI Prize Competition.
    The CDFI Fund has scheduled a conference call for May 19, 2016, at 
12:00 p.m. EDT, to provide an additional opportunity for public input 
on the proposed FY 2016 CDFI Prize Competition. Please see the CDFI 
Fund's Web site for additional information on how to register to 
participate in the call.
    Please note that the CDFI Fund is not accepting applications for 
the proposed FY 2016 CDFI Prize Competition at this time. This RFI only 
seeks public responses to the questions posed herein. The CDFI Fund 
will publish detailed information regarding the FY 2016 CDFI Prize 
Competition, including information on how to apply to be considered for 
prizes to be awarded through the competition, through www.challenge.gov 
on or about June 1, 2016.

II. Proposed FY 2016 Prize Competition: Overview

    As stated above, the CDFI Fund proposes that the topic of the 
proposed FY 2016 Prize Competition is to stimulate innovation that will 
build capacity to expand CDFI investments in underserved rural areas, 
particularly those that are characterized by persistent poverty. For 
purposes of this RFI, an area that is characterized by ``persistent 
poverty'' is defined as any county that has had 20 percent or more of 
its population living in poverty over the past 30 years, as measured by 
the 1990, 2000, and 2010 decennial censuses. Rural areas, especially 
those that are persistently poor, often lack access to capital and 
financial services that are the lifeblood of a vibrant economy. For 
purposes of this RFI, a ``rural area'' is defined as a county or 
counties that are considered non-Metropolitan Areas under the CDFI 
Program's regulations (12 CFR 1805.104(ff).
    Through the proposed FY 2016 CDFI Prize Competition, the CDFI Fund 
expects to select approximately four winners that will each receive a 
total of approximately $250,000. See Section III for proposed timeline 
and disbursement information.

III. Proposed Eligibility, Application Requirements, and Timeline

    Proposed Eligibility: An applicant for the proposed FY 2016 CDFI 
Prize Competition will be: (i) A certified CDFI (as defined in 12 CFR 
1805.104(h) and 1805.200) that serves a Target Market that comprises a 
rural area; (ii) a collaboration of certified CDFIs that serve Target 
Markets that comprise rural areas; (iii) an institution that has 
partnered with a certified CDFI that serves a Target Market that 
comprises a rural area; or (iv) a collaboration of certified CDFIs that 
serve Target Market(s) that comprise rural areas. The CDFI Fund expects 
that preference will be given to applicants that serve Target Markets 
that comprise rural areas that are characterized by persistent poverty.
    Proposed Application Requirements: To be considered for an award 
through the proposed FY 2016 CDFI Prize Competition, the CDFI Fund 
expects that it will require applicants to submit an application of not 
more than 10 pages that describes:
    A. The Target Market(s) addressed through the proposal;
    B. A description of the problem(s) creating barriers to accessing 
capital in Target Market(s) that comprise rural areas (and, if 
applicable, that are characterized by persistent poverty);
    C. A narrative description that includes:
    1. An innovative idea or strategy for solving the problem(s) 
described above;
    2. If the idea or strategy has not yet been implemented, expected 
(within one year) short-term outcomes and expected long-term outcomes 
(within five years);
    3. If the idea or strategy has been implemented, achieved outcomes, 
if applicable;
    D. An explanation of any partnerships (and partnership 
documentation) that have been or will be created to increase capacity 
and expand investments in the Target Market(s), including the roles of 
each partner;
    Proposed Timeline (dates are approximate and should not be relied 
upon): Publication of notice announcing the opening of the FY 2016 CDFI 
Prize Competition: June 1, 2016.
    Application deadline: July 1, 2016.
    Selection of prize winners: September 2016.
    Award disbursement: No later than September 30, 2016.
    Milestone payment (if applicable): No later than June 30, 2017.
    Proposed Disbursements and Reports: As currently proposed, an award 
payment of at least 50 percent of the total prize will be disbursed to 
each winner by September 30, 2016. For ideas or strategies that have 
already been implemented, the award payment will be for 100 percent of 
the total prize. For ideas or strategies that have not yet been 
implemented, a first milestone payment of the remaining prize amount 
would be disbursed no later than June 20, 2017, upon submittal of a 
report evaluating the outcomes through the prize winner's efforts to 
implement the proposed idea or strategy.
    Capacity-building Purposes: For the purposes of furthering its CDFI 
capacity-building initiative and disseminating best practices across 
the country, the CDFI Fund, in its sole discretion will release to the 
public applications, supporting documentation, reports, and any related 
information that describes the proposals and successful strategies that 
applicants and award winners have taken and will take to expand CDFI 
investments in underserved rural areas. Notwithstanding the CDFI Fund's 
intention to publicly disseminate the proposals and the winning 
applications, please note that intellectual property

[[Page 29327]]

submitted to the proposed prize competition will remain with the 
applicants and the award winners.

IV. Proposed Judges; Proposed Evaluation Criteria

    The CDFI Fund expects that the judges for the proposed FY 2016 CDFI 
Prize Competition will include staff of the CDFI Fund, the Department 
of the Treasury, and other Federal government agencies, as well as 
certain members of the public who are qualified and experienced in 
community and economic development in rural areas. The experience of 
proposed judges will be reviewed to determine whether there are any 
conflicts of interest with applicants.
    The CDFI Fund is considering whether application evaluation 
criteria will include, but not be limited to, the following:
    A. The depth of need for investment capital and the lack of access 
to such capital within the Target Market;
    B. The potential to leverage private, public, and philanthropic 
capital, including matching funds, if any, for the prize purse;
    C. Alignment of the proposed capacity building plan with the 
expertise of the applicant;
    D. If applicable, the complementarity of the proposed 
partnership(s) and the potential it holds for building scale and/or 
deepening the capacity of CDFIs;
    E. The degree of innovation applied to resolving the problem; and
    F. The proposed design of the evaluation and the likelihood that it 
has yielded or will yield meaningful insights into the effectiveness of 
the solution.
    V. Questions for Public Comment: Through this RFI, the CDFI Fund 
invites comments and responses to the following questions regarding the 
above-described proposed FY 2016 CDFI Prize Competition:
    A. Is the proposed topic of the proposed FY 2016 CDFI Prize 
Competition appropriate and clearly stated?
    B. Has the CDFI Fund adequately described the goals, structure and 
submission requirements for the proposed FY 2016 CDFI Prize 
Competition?
    C. Do you feel that the proposed FY 2016 CDFI Prize Competition 
will encourage innovative approaches, which might not surface 
otherwise, to build the capacity of CDFIs to invest in underserved 
rural areas, including those that are characterized by persistent 
poverty?
    D. As proposed, would the prize(s) enable new partnerships to 
increase access to capital in underserved rural areas?
    E. Are the proposed prize amounts (approximately $250,000 per 
award) appropriate? Are there other incentives, in addition to the 
proposed monetary prize, such as convening the winners to share best 
practices that might be valuable to include as part of the proposed 
prize competition?
    F. Are the proposed application requirements sufficient in detail 
for the scope of the proposed prize?
    G. Are the proposed proposal evaluation criteria appropriate and 
sufficient in detail for this prize?
    H. Do you feel that the proposed timeline and milestones are 
appropriate?
    I. Do you have any further suggestions on how to improve the topic, 
eligibility and submission requirements, and evaluation criteria for 
the proposed FY 2016 CDFI Prize Competition?
    J. Please indicate if your organization has interest in competing 
in the proposed FY 2016 CDFI Prize Competition, if it is convened. If 
not, why not?

    Authority: 12 U.S.C. 4701 et seq.; 15 U.S.C. 3719; 12 CFR 1805.

Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2016-11099 Filed 5-10-16; 8:45 am]
 BILLING CODE 4810-70-P



                                                                                    Federal Register / Vol. 81, No. 91 / Wednesday, May 11, 2016 / Notices                                                            29325

                                                  DEPARTMENT OF TRANSPORTATION                                  herein. Each mode of transportation for                      Permits Division, Pipeline and
                                                                                                                which a particular special permit is                         Hazardous Materials Safety
                                                  Pipeline and Hazardous Materials                              requested is indicated by a number in                        Administration, U.S. Department of
                                                  Safety Administration                                         the ‘‘Nature of Application’’ portion of                     Transportation, East Building, PHH–30,
                                                                                                                the table below as follows: 1—Motor                          1200 New Jersey Avenue Southeast,
                                                  Hazardous Materials: Notice of                                vehicle, 2—Rail freight, 3—Cargo vessel,                     Washington, DC 20590–0001, (202) 366–
                                                  Applications for Modification of                              4—Cargo aircraft only, 5—Passenger-                          4535.
                                                  Special Permit                                                carrying aircraft.
                                                                                                                                                                             SUPPLEMENTARY INFORMATION:     Copies of
                                                  AGENCY:  Office of Hazardous Materials                        DATES: Comments must be received on
                                                                                                                                                                             the applications are available for
                                                  Safety, Pipeline and Hazardous                                or before June 10, 2016.                                     inspection in the Records Center, East
                                                  Materials Safety Administration                                  Address Comments To: Record
                                                                                                                                                                             Building, PHH–30, 1200 New Jersey
                                                  (PHMSA), DOT.                                                 Center, Pipeline and Hazardous
                                                                                                                                                                             Avenue Southeast, Washington, DC or at
                                                  ACTION: List of Applications for                              Materials Safety Administration U.S.
                                                                                                                                                                             http://regulations.gov.
                                                  Modification of Special Permits.                              Department of Transportation
                                                                                                                Washington, DC 20590.                                          This notice of receipt of applications
                                                  SUMMARY:   In accordance with the                                Comments should refer to the                              for special permit is published in
                                                  procedures governing the application                          application number and be submitted in                       accordance with Part 107 of the Federal
                                                  for, and the processing of, special                           triplicate. If confirmation of receipt of                    hazardous materials transportation law
                                                  permits from the Department of                                comments is desired, include a self-                         (49 U.S.C. 5117(6); 49 CFR 1.53(b)).
                                                  Transportation’s Hazardous Material                           addressed stamped postcard showing                             Issued in Washington, DC, on April 21,
                                                  Regulations (49 CFR part 107, subpart                         the special permit number.                                   2016.
                                                  B), notice is hereby given that the Office                    FOR FURTHER INFORMATION CONTACT:                             Donald Burger,
                                                  of Hazardous Materials Safety has                             Ryan Paquet, Director, Office of                             Chief, Office of General Approvals and
                                                  received the application described                            Hazardous Materials Approvals and                            Permits.

                                                                                                                          SPECIAL PERMITS DATA
                                                    Application       Docket No.                      Applicant                   Regulation(s) affected                      Nature of the special permits thereof
                                                       No.

                                                  13112–M ......    ......................   Carleton Technologies, Inc      3, 302A ..............................   To modify the special permit to authorize testing of
                                                                                                                                                                        the pressure relief function by primer auto ignition
                                                                                                                                                                        to take place at the initiator chamber assembly
                                                                                                                                                                        level instead of at the final pressure vessel assem-
                                                                                                                                                                        bly level.
                                                  14920–M ......    ......................   Nordco Rail Services & In-      173.302a(b), 172.203(a),                 To modify the special permit to authorize 3A, 3AL,
                                                                                               spection Technologies           172.301(c), 180.205.                     and DOT–SP 12440 cylinders to be retested by a
                                                                                               Inc.                                                                     100% ultrasonic examination, marking requirements
                                                                                                                                                                        equal to or less than 5 inches, different dimensions
                                                                                                                                                                        of a flat bottom hole to be used during ultrasonic
                                                                                                                                                                        examinations, and add an acceptable level of toler-
                                                                                                                                                                        ances to the maximum achieved reference ampli-
                                                                                                                                                                        tude.
                                                  16323–M ......    ......................   Fibre Drum Sales, Inc .......   178.801(f) ..........................    To modify the special permit to remove the require-
                                                                                                                                                                        ment to perform a leak proofness test on remanu-
                                                                                                                                                                        factured composite IBCs.



                                                  [FR Doc. 2016–10977 Filed 5–10–16; 8:45 am]                   The proposed FY 2016 CDFI Prize                              notice are defined in the regulations that
                                                  BILLING CODE 4910–60–M                                        Competition will reward selected                             govern the CDFI Program, at 12 CFR
                                                                                                                applicants with monetary prizes for                          1805.104.
                                                                                                                proposing innovative ideas and                               DATES:  Written comments must be
                                                  DEPARTMENT OF THE TREASURY                                    approaches to increasing CDFI                                received by 11:59 p.m. May 25, 2016 to
                                                                                                                investment and access to capital in                          be assured of consideration.
                                                  Community Development Financial                               underserved rural areas. The CDFI Fund
                                                  Institutions Fund                                                                                                          ADDRESSES: Submit your comments via
                                                                                                                expects that, through the proposed
                                                                                                                competition, it will award no less than                      email to William Girardo, Portfolio
                                                  Requests for Information: Community                           $1,000,000 of FY 2016 appropriated                           Manager, CDFI Fund, at CDFIchallenge@
                                                  Development Financial Institutions                            funds, through the prize competition                         cdfi.treas.gov.
                                                  Prize Competition                                             authority granted by the America                             FOR FURTHER INFORMATION CONTACT:
                                                                                                                COMPETES Reauthorization Act of 2010                         William Girardo, Portfolio Manager,
                                                  ACTION:Notice and request for                                                                                              CDFI Fund, 1500 Pennsylvania Avenue
                                                  information.                                                  (15 U.S.C. 3719) (the Act). The CDFI
                                                                                                                Fund expects to publish detailed                             NW., Washington, DC 20220, (202) 653–
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                                                  SUMMARY:  The Community Development                           information regarding the FY 2016 CDFI                       0383 (not a toll-free number). Other
                                                  Financial Institutions Fund (CDFI                             Prize Competition, including                                 information regarding the CDFI Fund
                                                  Fund), Department of the Treasury,                            information on how to apply to be                            and its programs may be obtained
                                                  requests comments from the public                             considered for prizes to be awarded                          through the CDFI Fund’s Web site at
                                                  regarding a proposed CDFI Prize                               through the competition, through                             http://www.cdfifund.gov.
                                                  Competition to be administered by the                         www.challenge.gov, on or about June 1,                       SUPPLEMENTARY INFORMATION: Section
                                                  CDFI Fund in Fiscal Year (FY) 2016.                           2016. Capitalized terms found in this                        3719(d) of the Act states that Federal


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                                                  29326                        Federal Register / Vol. 81, No. 91 / Wednesday, May 11, 2016 / Notices

                                                  agencies must ‘‘consult widely both                     Prize Competition, including                             A. The Target Market(s) addressed
                                                  within and outside the Federal                          information on how to apply to be                     through the proposal;
                                                  Government’’ when selecting topics for                  considered for prizes to be awarded                      B. A description of the problem(s)
                                                  prize competitions. The topic of the                    through the competition, through                      creating barriers to accessing capital in
                                                  proposed FY 2016 CDFI Prize                             www.challenge.gov on or about June 1,                 Target Market(s) that comprise rural
                                                  Competition is to stimulate innovation                  2016.                                                 areas (and, if applicable, that are
                                                  that will build capacity to expand CDFI                                                                       characterized by persistent poverty);
                                                  investments in underserved rural areas,                 II. Proposed FY 2016 Prize                               C. A narrative description that
                                                  particularly those that are characterized               Competition: Overview                                 includes:
                                                  by persistent poverty. As required by                      As stated above, the CDFI Fund                        1. An innovative idea or strategy for
                                                  the Act, the proposed FY 2016 CDFI                      proposes that the topic of the proposed               solving the problem(s) described above;
                                                  Prize Competition will award                            FY 2016 Prize Competition is to                          2. If the idea or strategy has not yet
                                                  innovative proposals that (i) identify                  stimulate innovation that will build                  been implemented, expected (within
                                                  and promote new ideas and practices,                    capacity to expand CDFI investments in                one year) short-term outcomes and
                                                  thereby facilitating their                              underserved rural areas, particularly                 expected long-term outcomes (within
                                                  implementation by CDFIs that serve                      those that are characterized by                       five years);
                                                  rural Target Markets, and/or (ii) create                persistent poverty. For purposes of this                 3. If the idea or strategy has been
                                                  value during and after the competition                  RFI, an area that is characterized by                 implemented, achieved outcomes, if
                                                  by encouraging contestants—and CDFIs                    ‘‘persistent poverty’’ is defined as any              applicable;
                                                  that serve rural Target Markets—to                      county that has had 20 percent or more                   D. An explanation of any partnerships
                                                  change their behavior or develop new                    of its population living in poverty over              (and partnership documentation) that
                                                  skills that may have beneficial effects                 the past 30 years, as measured by the                 have been or will be created to increase
                                                  during and after the competition. Please                1990, 2000, and 2010 decennial                        capacity and expand investments in the
                                                  note that the purpose of the proposed                   censuses. Rural areas, especially those               Target Market(s), including the roles of
                                                  prize competition is to stimulate and                   that are persistently poor, often lack                each partner;
                                                  reward innovative ideas: Since the                      access to capital and financial services                 Proposed Timeline (dates are
                                                  proposed prize competition is not a                     that are the lifeblood of a vibrant                   approximate and should not be relied
                                                  grant or contract program, the prize                    economy. For purposes of this RFI, a                  upon): Publication of notice announcing
                                                  funds are to reward ideas and proposals,                ‘‘rural area’’ is defined as a county or              the opening of the FY 2016 CDFI Prize
                                                  and not for their implementation or the                 counties that are considered non-                     Competition: June 1, 2016.
                                                  costs of their implementation.                                                                                   Application deadline: July 1, 2016.
                                                                                                          Metropolitan Areas under the CDFI                        Selection of prize winners: September
                                                    In addition to seeking feedback on                    Program’s regulations (12 CFR
                                                  this proposed prize competition topic,                                                                        2016.
                                                                                                          1805.104(ff).                                            Award disbursement: No later than
                                                  the CDFI Fund seeks feedback from the
                                                                                                             Through the proposed FY 2016 CDFI                  September 30, 2016.
                                                  public through this Request for
                                                                                                          Prize Competition, the CDFI Fund                         Milestone payment (if applicable): No
                                                  Information (RFI) regarding a variety of
                                                                                                          expects to select approximately four                  later than June 30, 2017.
                                                  questions on the proposed FY 2016
                                                                                                          winners that will each receive a total of                Proposed Disbursements and Reports:
                                                  CDFI Prize Competition, including
                                                                                                          approximately $250,000. See Section III               As currently proposed, an award
                                                  proposed eligibility and submission
                                                                                                          for proposed timeline and disbursement                payment of at least 50 percent of the
                                                  requirements, and evaluation criteria.
                                                                                                          information.                                          total prize will be disbursed to each
                                                  I. Request for Information                                                                                    winner by September 30, 2016. For
                                                                                                          III. Proposed Eligibility, Application
                                                     The CDFI Fund is seeking public                      Requirements, and Timeline                            ideas or strategies that have already
                                                  comment through this RFI regarding                                                                            been implemented, the award payment
                                                  certain aspects of the proposed FY 2016                   Proposed Eligibility: An applicant for              will be for 100 percent of the total prize.
                                                  CDFI Prize Competition, including the                   the proposed FY 2016 CDFI Prize                       For ideas or strategies that have not yet
                                                  proposed topic. In particular, we are                   Competition will be: (i) A certified CDFI             been implemented, a first milestone
                                                  interested in responses to the questions                (as defined in 12 CFR 1805.104(h) and                 payment of the remaining prize amount
                                                  listed in the Section V, Key Questions.                 1805.200) that serves a Target Market                 would be disbursed no later than June
                                                  We also seek any additional information                 that comprises a rural area; (ii) a                   20, 2017, upon submittal of a report
                                                  beyond these questions that members of                  collaboration of certified CDFIs that                 evaluating the outcomes through the
                                                  the public believe would assist in the                  serve Target Markets that comprise rural              prize winner’s efforts to implement the
                                                  implementation of the proposed FY                       areas; (iii) an institution that has                  proposed idea or strategy.
                                                  2016 CDFI Prize Competition.                            partnered with a certified CDFI that                     Capacity-building Purposes: For the
                                                     The CDFI Fund has scheduled a                        serves a Target Market that comprises a               purposes of furthering its CDFI capacity-
                                                  conference call for May 19, 2016, at                    rural area; or (iv) a collaboration of                building initiative and disseminating
                                                  12:00 p.m. EDT, to provide an                           certified CDFIs that serve Target                     best practices across the country, the
                                                  additional opportunity for public input                 Market(s) that comprise rural areas. The              CDFI Fund, in its sole discretion will
                                                  on the proposed FY 2016 CDFI Prize                      CDFI Fund expects that preference will                release to the public applications,
                                                  Competition. Please see the CDFI Fund’s                 be given to applicants that serve Target              supporting documentation, reports, and
                                                  Web site for additional information on                  Markets that comprise rural areas that                any related information that describes
                                                  how to register to participate in the call.             are characterized by persistent poverty.              the proposals and successful strategies
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                                                     Please note that the CDFI Fund is not                  Proposed Application Requirements:                  that applicants and award winners have
                                                  accepting applications for the proposed                 To be considered for an award through                 taken and will take to expand CDFI
                                                  FY 2016 CDFI Prize Competition at this                  the proposed FY 2016 CDFI Prize                       investments in underserved rural areas.
                                                  time. This RFI only seeks public                        Competition, the CDFI Fund expects                    Notwithstanding the CDFI Fund’s
                                                  responses to the questions posed herein.                that it will require applicants to submit             intention to publicly disseminate the
                                                  The CDFI Fund will publish detailed                     an application of not more than 10                    proposals and the winning applications,
                                                  information regarding the FY 2016 CDFI                  pages that describes:                                 please note that intellectual property


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                                                                               Federal Register / Vol. 81, No. 91 / Wednesday, May 11, 2016 / Notices                                            29327

                                                  submitted to the proposed prize                         access to capital in underserved rural                contributions made by program
                                                  competition will remain with the                        areas?                                                participants who disenroll from the Post
                                                  applicants and the award winners.                         E. Are the proposed prize amounts                   Vietnam Era Veterans Education
                                                                                                          (approximately $250,000 per award)                    Program.
                                                  IV. Proposed Judges; Proposed                           appropriate? Are there other incentives,
                                                  Evaluation Criteria                                                                                           DATES: Written comments and
                                                                                                          in addition to the proposed monetary                  recommendations on the proposed
                                                    The CDFI Fund expects that the                        prize, such as convening the winners to               collection of information should be
                                                  judges for the proposed FY 2016 CDFI                    share best practices that might be                    received on or before July 11, 2016.
                                                  Prize Competition will include staff of                 valuable to include as part of the
                                                                                                                                                                ADDRESSES: Submit written comments
                                                  the CDFI Fund, the Department of the                    proposed prize competition?                           on the collection of information through
                                                  Treasury, and other Federal government                    F. Are the proposed application
                                                                                                                                                                Federal Docket Management System
                                                  agencies, as well as certain members of                 requirements sufficient in detail for the
                                                                                                                                                                (FDMS) at www.Regulations.gov or to
                                                  the public who are qualified and                        scope of the proposed prize?
                                                                                                            G. Are the proposed proposal                        Nancy J. Kessinger, Veterans Benefits
                                                  experienced in community and
                                                                                                          evaluation criteria appropriate and                   Administration (20M33), Department of
                                                  economic development in rural areas.
                                                                                                          sufficient in detail for this prize?                  Veterans Affairs, 810 Vermont Avenue
                                                  The experience of proposed judges will
                                                                                                            H. Do you feel that the proposed                    NW., Washington, DC 20420 or email to
                                                  be reviewed to determine whether there
                                                                                                          timeline and milestones are                           nancy.kessinger@va.gov. Please refer to
                                                  are any conflicts of interest with
                                                                                                          appropriate?                                          ‘‘OMB Control No. 2900–0261’’ in any
                                                  applicants.
                                                    The CDFI Fund is considering                            I. Do you have any further suggestions              correspondence. During the comment
                                                  whether application evaluation criteria                 on how to improve the topic, eligibility              period, comments may be viewed online
                                                  will include, but not be limited to, the                and submission requirements, and                      through the FDMS.
                                                  following:                                              evaluation criteria for the proposed FY               FOR FURTHER INFORMATION CONTACT:
                                                    A. The depth of need for investment                   2016 CDFI Prize Competition?                          Nancy J. Kessinger at (202) 632–8924 or
                                                  capital and the lack of access to such                    J. Please indicate if your organization             FAX (202) 632–8925.
                                                  capital within the Target Market;                       has interest in competing in the                      SUPPLEMENTARY INFORMATION: Under the
                                                    B. The potential to leverage private,                 proposed FY 2016 CDFI Prize                           PRA of 1995 (Pub. L. 104–13; 44 U.S.C.
                                                  public, and philanthropic capital,                      Competition, if it is convened. If not,               3501–21), Federal agencies must obtain
                                                  including matching funds, if any, for the               why not?                                              approval from the Office of Management
                                                  prize purse;                                              Authority: 12 U.S.C. 4701 et seq.; 15 U.S.C.        and Budget (OMB) for each collection of
                                                    C. Alignment of the proposed capacity                 3719; 12 CFR 1805.                                    information they conduct or sponsor.
                                                  building plan with the expertise of the                                                                       This request for comment is being made
                                                  applicant;                                              Mary Ann Donovan,                                     pursuant to section 3506(c)(2)(A) of the
                                                    D. If applicable, the complementarity                 Director, Community Development Financial             PRA.
                                                  of the proposed partnership(s) and the                  Institutions Fund.                                       With respect to the following
                                                  potential it holds for building scale and/              [FR Doc. 2016–11099 Filed 5–10–16; 8:45 am]           collection of information, VBA invites
                                                  or deepening the capacity of CDFIs;                     BILLING CODE 4810–70–P                                comments on: (1) Whether the proposed
                                                    E. The degree of innovation applied to                                                                      collection of information is necessary
                                                  resolving the problem; and                                                                                    for the proper performance of VBA’s
                                                    F. The proposed design of the                         DEPARTMENT OF VETERANS                                functions, including whether the
                                                  evaluation and the likelihood that it has               AFFAIRS                                               information will have practical utility;
                                                  yielded or will yield meaningful                                                                              (2) the accuracy of VBA’s estimate of the
                                                  insights into the effectiveness of the                  [OMB Control No. 2900–0261]
                                                                                                                                                                burden of the proposed collection of
                                                  solution.                                               Proposed Information Collection                       information; (3) ways to enhance the
                                                    V. Questions for Public Comment:                                                                            quality, utility, and clarity of the
                                                                                                          (Application for Refund of Educational
                                                  Through this RFI, the CDFI Fund invites                                                                       information to be collected; and (4)
                                                                                                          Contributions, VA Form 22–5281)
                                                  comments and responses to the                                                                                 ways to minimize the burden of the
                                                                                                          Activity: Comment Request
                                                  following questions regarding the above-                                                                      collection of information on
                                                  described proposed FY 2016 CDFI Prize                   AGENCY:  Veterans Benefits                            respondents, including through the use
                                                  Competition:                                            Administration, Department of Veterans                of automated collection techniques or
                                                    A. Is the proposed topic of the                       Affairs.                                              the use of other forms of information
                                                  proposed FY 2016 CDFI Prize                             ACTION: Notice.                                       technology.
                                                  Competition appropriate and clearly                                                                              Title: Application for Refund of
                                                  stated?                                                 SUMMARY:   The Veterans Benefits                      Educational Contributions, VA Form
                                                    B. Has the CDFI Fund adequately                       Administration (VBA), Department of                   22–5281.
                                                  described the goals, structure and                      Veterans Affairs (VA), is announcing an                  OMB Control Number: 2900–0261.
                                                  submission requirements for the                         opportunity for public comment on the                    Type of Review: Extension of a
                                                  proposed FY 2016 CDFI Prize                             proposed collection of certain                        currently approved collection.
                                                  Competition?                                            information by the agency. Under the                     Abstract: Veterans and
                                                    C. Do you feel that the proposed FY                   Paperwork Reduction Act (PRA) of                      Servicemembers complete VA Form 22–
                                                  2016 CDFI Prize Competition will                        1995, Federal agencies are required to                5281 to request a refund of their
                                                  encourage innovative approaches,                        publish notice in the Federal Register                contributions to the Post-Vietnam
mstockstill on DSK3G9T082PROD with NOTICES




                                                  which might not surface otherwise, to                   concerning each proposed collection of                Veterans Education Program.
                                                  build the capacity of CDFIs to invest in                information, including each proposed                  Contributions made into the Post-
                                                  underserved rural areas, including those                extension of a currently approved                     Vietnam Veterans Education Program
                                                  that are characterized by persistent                    collection, and allow 60 days for public              may be refunded only after the
                                                  poverty?                                                comment in response to the notice. This               participant has disenrolled from the
                                                    D. As proposed, would the prize(s)                    notice solicits comments on information               program. Request for refund of
                                                  enable new partnerships to increase                     needed to process funds of                            contribution prior to discharge or


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Document Created: 2016-05-11 01:12:03
Document Modified: 2016-05-11 01:12:03
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for information.
DatesWritten comments must be received by 11:59 p.m. May 25, 2016 to be assured of consideration.
ContactWilliam Girardo, Portfolio Manager, CDFI Fund, 1500 Pennsylvania Avenue NW., Washington, DC 20220, (202) 653-0383 (not a toll-free number). Other information regarding the CDFI Fund and its programs may be obtained through the CDFI Fund's Web site at http://www.cdfifund.gov.
FR Citation81 FR 29325 

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