81_FR_45352 81 FR 45219 - Information Collection, CDFI and NACA Programs

81 FR 45219 - Information Collection, CDFI and NACA Programs

DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund

Federal Register Volume 81, Issue 133 (July 12, 2016)

Page Range45219-45221
FR Document2016-16417

The U.S. Department of the Treasury, as part of its 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, 44 U.S.C. 3506(c)(2)(A). Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury, is soliciting comments concerning the Community Development Financial Institutions Program (CDFI Program) and the Native American CDFI Assistance Program (NACA Program) Financial Assistance and Technical Assistance Applications for the FY 2017-FY 2019 funding rounds (hereafter, the Application or Applications). The CDFI Fund is required by law to make the Applications publically available for comment prior to submission for a new PRA number.

Federal Register, Volume 81 Issue 133 (Tuesday, July 12, 2016)
[Federal Register Volume 81, Number 133 (Tuesday, July 12, 2016)]
[Notices]
[Pages 45219-45221]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-16417]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Information Collection, CDFI and NACA Programs

AGENCY: Community Development Financial Institutions Fund, Treasury.

ACTION: Notice and Request for Public Comment.

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

SUMMARY: The U.S. Department of the Treasury, as part of its 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, 44 U.S.C. 3506(c)(2)(A). 
Currently, the Community Development Financial Institutions Fund (CDFI 
Fund), U.S. Department of the Treasury, is soliciting comments 
concerning the Community Development Financial Institutions Program 
(CDFI Program) and the Native American CDFI Assistance Program (NACA 
Program) Financial Assistance and Technical Assistance Applications for 
the FY 2017-FY 2019 funding rounds (hereafter, the Application or 
Applications). The CDFI Fund is required by law to make the 
Applications publically available for comment prior to submission for a 
new PRA number.

[[Page 45220]]


DATES: Written comments must be received on or before September 12, 
2016 to be assured of consideration.

ADDRESSES: Submit your comments via email to Amber Bell, CDFI Program 
and NACA Program Manager, CDFI Fund, at [email protected].

FOR FURTHER INFORMATION CONTACT: Amber Bell, CDFI Program and NACA 
Program Manager, CDFI Fund, U.S. Department of the Treasury, 1500 
Pennsylvania Avenue NW., Washington, DC 20220 or email to 
[email protected].
    The Applications may be obtained from the CDFI Program page and 
NACA Program page of the CDFI Fund's Web site https://www.cdfifund.gov/Lists/CDFI%20News/View.aspx.

SUPPLEMENTARY INFORMATION: 
    Title: CDFI Program and NACA Program Financial Assistance and 
Technical Assistance Applications;
    OMB Number: 1559-0021.
    Abstract: The CDFI Program is authorized by the Riegle Community 
Development Banking and Financial Institutions Act of 1994 (Pub. L. 
103-325, 12 U.S.C. 4701 et seq.). Funding for the CDFI Program and the 
NACA Program is made available by Congress to the CDFI Fund through its 
annual appropriations. The regulations governing the CDFI Program are 
found at 12 CFR parts 1805 and 1815 (the Regulations) and set forth 
evaluation criteria and other program requirements. For a complete 
understanding of the programs, the CDFI Fund encourages Applicants to 
review the Regulations, the Notice of Funds Availability (NOFA) for the 
FY 2016 application round of the CDFI Program (81 Federal Register 
8328, February 18, 2016), the NOFA for the FY 2016 application round of 
the NACA Program (81 Federal Register 8342, February 18, 2016), the 
Application, and the Uniform Administrative Requirements, Cost 
Principles, and Audit Requirements for Federal Awards (2 CFR 200) 
(Uniform Administrative Requirements). Capitalized terms in this 
Request for Public Comment are defined in the CDFI Program's 
authorizing statute, the Regulations, the FY 2016 CDFI Program and NACA 
Program NOFAs, the Application, and the Uniform Administrative 
Requirements.
    Through the CDFI Program and NACA Program's Financial Assistance 
awards and Technical Assistance grants, the CDFI Fund invests in and 
builds the capacity of for-profit and nonprofit community based lending 
organizations known as Community Development Financial Institutions 
(CDFIs).
    CDFI Program and NACA Program award Recipients will be 
competitively selected after the CDFI Fund's careful review of their 
Applications. The proposed Financial Assistance Application requires 
the submission of quantitative and qualitative information about the 
Applicant's Business Strategy, Products and Services, Market and 
Competitive Analysis, Management and Staffing, Financial Position, and 
Growth and Financial Projections. The proposed Technical Assistance 
Application requires the submission of quantitative and qualitative 
information about CDFI Certification Qualifications, an Organizational 
Overview, and Use of Funds. Please refer to the FY 2016 CDFI Program 
and NACA Program NOFAs for additional guidance on the review and 
application process for past funding rounds.
    This request for public comment seeks to gather information on the 
CDFI Program and NACA Program Financial Assistance and Technical 
Assistance Applications.
    Current Actions: Renewal of existing Information Collection.
    Type of Review: Regular Review.
    Affected Public: Certified CDFIs and qualified Nonprofit 
Organizations.
    Estimated Number of Respondents for Financial Assistance: 400.
    Estimated Annual Time per Respondent for Financial Assistance: 100.
    Estimated Total Annual Burden Hours for Financial Assistance: 
40,000.
    Estimated Number of Respondents for Technical Assistance: 100.
    Estimated Annual Time per Respondent for Technical Assistance: 50.
    Estimated Total Annual Burden Hours for Technical Assistance: 
5,000.
    Requests for Comments: Comments submitted in response to this 
notice will be summarized and/or included in the request for Office of 
Management and Budget approval. All comments will become a matter of 
public record and may be published on the CDFI Fund's Web site at 
http://www.cdfifund.gov. The CDFI Fund is seeking input on the content 
of the CDFI Program and NACA Program Financial Assistance and Technical 
Assistance Applications. The Applications may be obtained on the CDFI 
Fund's Web site at https://www.cdfifund.gov/Lists/CDFI%20News/View.aspx. CDFI Program and NACA Program Financial Assistance awards 
must be used for Financial Products, Financial Services, and/or 
Development Services for commercial facilities, small businesses, 
microenterprises, community facilities, consumer financial products and 
services, affordable housing, and intermediary lending to nonprofits 
and CDFIs -- so long as those activities allow the Recipient to achieve 
at least one of the following statutorily required Financial Assistance 
activities: Expand operations into a new Investment Area(s); serve a 
new Targeted Population(s); provide additional or new Financial 
Products, Financial Services, and/or Development Services; and/or 
increase the volume of current Financial Products, Financial Services, 
and/or Development Services.
    Comments concerning the Applications are invited on: (a) Whether 
the collection of information is necessary for the proper performance 
of the functions of the agency, including whether the information shall 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information to be collected; (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of technology; and (e) estimates 
of capital or start-up costs and costs of operation, maintenance, and 
purchase of services required to provide information.
    In addition, the CDFI Fund requests comments in response to the 
following questions:
    (1) Is the information that is proposed to be collected by the 
Application necessary and appropriate for the CDFI Fund to consider for 
the purpose of making award decisions?
    (2) Are certain questions or tables redundant or unnecessary?
    (3) Should any questions or tables be added to ensure collection of 
relevant information?
    (4) In general, does the data and information requested in the 
Application allow an Applicant to demonstrate its ability to meet the 
eligible uses (commercial facilities, small businesses, 
microenterprises, community facilities, consumer financial products and 
services, affordable housing, and intermediary lending to nonprofits 
and CDFIs) of CDFI Fund Program awards?
    (5) Is the data and information requested in the Application to 
assess proposed Financial Assistance activities adequate to assess 
these different activities?
    (6) What, if any, additional data and information should be 
collected to assess Financial Assistance activities?
    (7) Are any of the questions particularly burdensome or difficult 
to answer? Please be specific to type of CDFI (e.g., regulated, non-
profit, sector)?

[[Page 45221]]

    (8) Are the character limitations for narrative responses 
appropriate? Should certain questions allow additional or fewer 
characters?
    (9) Are there questions that lack clarity as to intent or purpose? 
If so, which questions, and what needs to be clarified in order to 
provide a comprehensive response?
    (10) Are there questions that would require additional guidance in 
order to respond adequately? If so, which questions, and what type of 
instructions would be helpful in order to be able to provide a 
response?
    (11) Is the financial data that is intended to be collected 
adequate to assess an Applicant's financial and portfolio performance?
    (12) Is there other information not requested in the Application 
that could demonstrate an Applicant's financial and portfolio 
performance?
    (13) Tables in Questions 6 a-d ask for certain data and information 
that will be used to assess an Applicant's projected Financial 
Assistance activities. Is the data collected in these tables adequate 
to assess an Applicant's projected Financial Assistance activities?
    (14) Is there other information not requested in the Application 
that would demonstrate an Applicant's projected Financial Assistance 
activities?
    (15) Are there requests for data in the Application that Applicants 
do not have readily available or that are burdensome to obtain and/or 
calculate?
    (16) Do the questions in the Technical Assistance Application allow 
the Applicant to clearly answer the evaluation criteria if the CDFI 
Program and NACA Program were to evaluate Technical Assistance Awards 
by the applicant's ability to achieve the following for each applicant 
category type:
    (a) Emerging and Certifiable CDFI: Achieve certification for the 
Applicant;
    (b) Sponsoring Entity: Create and certify a new CDFI; and
    (c) Certified CDFI: Build the capacity of the Applicant to expand 
operations, offer new products or services, or increase the volume of 
current business?

    Authority:  Pub. L. 110-289, 12 CFR 1807.

Mary Ann Donovan,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2016-16417 Filed 7-11-16; 8:45 am]
 BILLING CODE 4810-70-P



                                                                                  Federal Register / Vol. 81, No. 133 / Tuesday, July 12, 2016 / Notices                                                 45219

                                                  Washington, DC 20590. The Docket                         DEPARTMENT OF TRANSPORTATION                          in a letter, dated March 11, 2016, the
                                                  Operations Facility is open from 9 a.m.                                                                        City’s Solicitor confirmed to PHMSA
                                                  to 5 p.m., Monday through Friday,                        Pipeline and Hazardous Materials                      that the City had stopped enforcing its
                                                  except Federal Holidays.                                 Safety Administration                                 permit and fee requirements to transport
                                                    Interested parties are invited to                      [Docket No. PHMSA–2014–0002; PDA–                     hazardous materials in 2013, and further
                                                  participate in these proceedings by                      36(R)]                                                stated that it had no intention of taking
                                                  submitting written views, data, or                                                                             it up again.
                                                  comments. FRA does not anticipate                        Hazardous Materials: Pittsburgh,                         In light of this information, ATA’s
                                                                                                           Pennsylvania Permit Requirements for                  application is hereby dismissed, and the
                                                  scheduling a public hearing in
                                                                                                           Transportation of Hazardous Material                  docket is closed. In the future, if the
                                                  connection with these proceedings since
                                                                                                                                                                 City of Pittsburgh, Pennsylvania’s
                                                  the facts do not appear to warrant a                     AGENCY: Pipeline and Hazardous                        permit and permit fee requirements are
                                                  hearing. If any interested party desires                 Materials Safety Administration                       ever applied and enforced, ATA may
                                                  an opportunity for oral comment, they                    (PHMSA), DOT.                                         again submit an application for a
                                                  should notify FRA, in writing, before                    ACTION: Notice Dismissing Application                 preemption determination.
                                                  the end of the comment period and                        and Closing the Docket.                                  Applicable Federal Requirements:
                                                  specify the basis for their request.                                                                           Federal hazardous material
                                                    All communications concerning these                    SUMMARY:  The application for a                       transportation law, 49 U.S.C. 5101 et
                                                  proceedings should identify the                          determination of preemption is                        seq., and the Hazardous Materials
                                                  appropriate docket number and may be                     dismissed, and this docket is closed,                 Regulations (HMR), 49 CFR parts 171–
                                                  submitted by any of the following                        because the City of Pittsburgh,                       180.
                                                  methods:                                                 Pennsylvania’s permit and permit fee                     Mode Affected: Highway.
                                                                                                           requirements are not being applied or
                                                    • Web site: http://                                    enforced.                                               Issued in Washington, DC, on July 6, 2016.
                                                  www.regulations.gov. Follow the online                                                                         Joseph Solomey,
                                                  instructions for submitting comments.                    FOR FURTHER INFORMATION CONTACT:
                                                                                                                                                                 Senior Assistant Chief Counsel.
                                                                                                           Vincent Lopez, Office of Chief Counsel
                                                    • Fax: 202–493–2251.                                   (PHC–10), Pipeline and Hazardous                      [FR Doc. 2016–16386 Filed 7–11–16; 8:45 am]
                                                    • Mail: Docket Operations Facility,                    Materials Safety Administration, U.S.                 BILLING CODE 4910–60–P

                                                  U.S. Department of Transportation, 1200                  Department of Transportation, 1200
                                                  New Jersey Avenue SE., W12–140,                          New Jersey Avenue SE., Washington,
                                                  Washington, DC 20590.                                    DC 20590; telephone No. 202–366–4400;                 DEPARTMENT OF THE TREASURY
                                                    • Hand Delivery: 1200 New Jersey                       facsimile No. 202–366–7041.
                                                                                                           SUPPLEMENTARY INFORMATION: The                        Community Development Financial
                                                  Avenue SE., Room W12–140,
                                                                                                           American Trucking Associations, Inc.                  Institutions Fund
                                                  Washington, DC 20590, between 9 a.m.
                                                  and 5 p.m., Monday through Friday,                       (ATA) applied for an administrative
                                                                                                                                                                 Information Collection, CDFI and
                                                  except Federal Holidays.                                 determination concerning whether
                                                                                                                                                                 NACA Programs
                                                                                                           Federal hazardous material
                                                    Communications received by August
                                                                                                           transportation law, 49 U.S.C. 5101 et                 AGENCY: Community Development
                                                  26, 2016 will be considered by FRA
                                                                                                           seq., preempts requirements of the City               Financial Institutions Fund, Treasury.
                                                  before final action is taken. Comments
                                                                                                           of Pittsburgh, Pennsylvania (City) for a              ACTION: Notice and Request for Public
                                                  received after that date will be
                                                                                                           permit to transport hazardous materials               Comment.
                                                  considered as far as practicable.
                                                                                                           by motor vehicle and the fee to obtain
                                                    Anyone is able to search the                           the permit. On April 7, 2014, PHMSA                   SUMMARY:   The U.S. Department of the
                                                  electronic form of any written                           published a public notice and invitation              Treasury, as part of its continuing effort
                                                  communications and comments                              to comment on ATA’s application. 79                   to reduce paperwork and respondent
                                                  received into any of our dockets by the                  FR 21840. On June 2, 2014, the                        burden, invites the general public and
                                                  name of the individual submitting the                    comment period closed without any                     other Federal agencies to take this
                                                  comment (or signing the document, if                     parties submitting comments. On April                 opportunity to comment on proposed
                                                  submitted on behalf of an association,                   27, 2015, PHMSA published a notice of                 and/or continuing information
                                                  business, labor union, etc.). In                         delay in processing ATA’s application                 collections, as required by the
                                                  accordance with 5 U.S.C. 553(c), DOT                     in order to conduct additional fact-                  Paperwork Reduction Act (PRA) of
                                                  solicits comments from the public to                     finding and legal analysis in response to             1995, 44 U.S.C. 3506(c)(2)(A). Currently,
                                                  better inform its processes. DOT posts                   the application. 80 FR 23328. On July 6,              the Community Development Financial
                                                  these comments, without edit, including                  2015, PHMSA sent a letter to the City’s               Institutions Fund (CDFI Fund), U.S.
                                                  any personal information the                             Solicitor, and its Fire Chief, to                     Department of the Treasury, is soliciting
                                                  commenter provides, to                                   encourage the city to participate in the              comments concerning the Community
                                                  www.regulations.gov, as described in                     proceeding. On July 20, 2015, the City                Development Financial Institutions
                                                  the system of records notice (DOT/ALL–                   responded to PHMSA’s letter and                       Program (CDFI Program) and the Native
                                                  14 FDMS), which can be reviewed at                       informed the agency that the ‘‘City of                American CDFI Assistance Program
                                                  www.dot.gov/privacy. See also http://                    Pittsburgh at this time is not accepting              (NACA Program) Financial Assistance
                                                  www.regulations.gov/#!privacyNotice                      applications for the ‘Transportation of               and Technical Assistance Applications
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                                                  for the privacy notice of regulations.gov.               Hazardous Materials’ permit and has not               for the FY 2017–FY 2019 funding
                                                                                                           done so since 2013.’’ The City further                rounds (hereafter, the Application or
                                                  Patrick T. Warren,                                       stated that ‘‘[n]o fees were collected for            Applications). The CDFI Fund is
                                                  Deputy Associate Administrator for Safety                2014 or 2015. For 2013, the City of                   required by law to make the
                                                  Compliance and Program Implementation.                   Pittsburgh collected a total of $8,316.00             Applications publically available for
                                                  [FR Doc. 2016–16424 Filed 7–11–16; 8:45 am]              which was deposited into the City of                  comment prior to submission for a new
                                                  BILLING CODE 4910–06–P                                   Pittsburgh’s General Fund.’’ Thereafter,              PRA number.


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                                                  45220                           Federal Register / Vol. 81, No. 133 / Tuesday, July 12, 2016 / Notices

                                                  DATES:   Written comments must be                           CDFI Program and NACA Program                      affordable housing, and intermediary
                                                  received on or before September 12,                      award Recipients will be competitively                lending to nonprofits and CDFIs — so
                                                  2016 to be assured of consideration.                     selected after the CDFI Fund’s careful                long as those activities allow the
                                                  ADDRESSES: Submit your comments via                      review of their Applications. The                     Recipient to achieve at least one of the
                                                  email to Amber Bell, CDFI Program and                    proposed Financial Assistance                         following statutorily required Financial
                                                  NACA Program Manager, CDFI Fund, at                      Application requires the submission of                Assistance activities: Expand operations
                                                  cdfihelp@cdfi.treas.gov.                                 quantitative and qualitative information              into a new Investment Area(s); serve a
                                                                                                           about the Applicant’s Business Strategy,              new Targeted Population(s); provide
                                                  FOR FURTHER INFORMATION CONTACT:
                                                                                                           Products and Services, Market and                     additional or new Financial Products,
                                                  Amber Bell, CDFI Program and NACA                        Competitive Analysis, Management and                  Financial Services, and/or Development
                                                  Program Manager, CDFI Fund, U.S.                         Staffing, Financial Position, and Growth              Services; and/or increase the volume of
                                                  Department of the Treasury, 1500                         and Financial Projections. The proposed               current Financial Products, Financial
                                                  Pennsylvania Avenue NW., Washington,                     Technical Assistance Application                      Services, and/or Development Services.
                                                  DC 20220 or email to cdfihelp@                           requires the submission of quantitative                  Comments concerning the
                                                  cdfi.treas.gov.                                          and qualitative information about CDFI                Applications are invited on: (a) Whether
                                                     The Applications may be obtained                      Certification Qualifications, an                      the collection of information is
                                                  from the CDFI Program page and NACA                      Organizational Overview, and Use of                   necessary for the proper performance of
                                                  Program page of the CDFI Fund’s Web                      Funds. Please refer to the FY 2016 CDFI               the functions of the agency, including
                                                  site https://www.cdfifund.gov/Lists/                     Program and NACA Program NOFAs for                    whether the information shall have
                                                  CDFI%20News/View.aspx.                                   additional guidance on the review and                 practical utility; (b) the accuracy of the
                                                  SUPPLEMENTARY INFORMATION:                               application process for past funding                  agency’s estimate of the burden of the
                                                     Title: CDFI Program and NACA                          rounds.                                               collection of information; (c) ways to
                                                  Program Financial Assistance and                            This request for public comment                    enhance the quality, utility, and clarity
                                                  Technical Assistance Applications;                       seeks to gather information on the CDFI               of the information to be collected; (d)
                                                     OMB Number: 1559–0021.                                Program and NACA Program Financial                    ways to minimize the burden of the
                                                     Abstract: The CDFI Program is                         Assistance and Technical Assistance                   collection of information on
                                                  authorized by the Riegle Community                       Applications.                                         respondents, including through the use
                                                  Development Banking and Financial                           Current Actions: Renewal of existing               of technology; and (e) estimates of
                                                  Institutions Act of 1994 (Pub. L. 103–                   Information Collection.                               capital or start-up costs and costs of
                                                  325, 12 U.S.C. 4701 et seq.). Funding for                   Type of Review: Regular Review.                    operation, maintenance, and purchase
                                                  the CDFI Program and the NACA                               Affected Public: Certified CDFIs and               of services required to provide
                                                  Program is made available by Congress                    qualified Nonprofit Organizations.                    information.
                                                                                                              Estimated Number of Respondents for                   In addition, the CDFI Fund requests
                                                  to the CDFI Fund through its annual
                                                                                                           Financial Assistance: 400.                            comments in response to the following
                                                  appropriations. The regulations                             Estimated Annual Time per
                                                  governing the CDFI Program are found                                                                           questions:
                                                                                                           Respondent for Financial Assistance:
                                                  at 12 CFR parts 1805 and 1815 (the                                                                                (1) Is the information that is proposed
                                                                                                           100.
                                                  Regulations) and set forth evaluation                       Estimated Total Annual Burden                      to be collected by the Application
                                                  criteria and other program requirements.                 Hours for Financial Assistance: 40,000.               necessary and appropriate for the CDFI
                                                  For a complete understanding of the                         Estimated Number of Respondents for                Fund to consider for the purpose of
                                                  programs, the CDFI Fund encourages                       Technical Assistance: 100.                            making award decisions?
                                                  Applicants to review the Regulations,                       Estimated Annual Time per                             (2) Are certain questions or tables
                                                  the Notice of Funds Availability (NOFA)                  Respondent for Technical Assistance:                  redundant or unnecessary?
                                                  for the FY 2016 application round of the                 50.                                                      (3) Should any questions or tables be
                                                  CDFI Program (81 Federal Register                           Estimated Total Annual Burden                      added to ensure collection of relevant
                                                  8328, February 18, 2016), the NOFA for                   Hours for Technical Assistance: 5,000.                information?
                                                  the FY 2016 application round of the                        Requests for Comments: Comments                       (4) In general, does the data and
                                                  NACA Program (81 Federal Register                        submitted in response to this notice will             information requested in the
                                                  8342, February 18, 2016), the                            be summarized and/or included in the                  Application allow an Applicant to
                                                  Application, and the Uniform                             request for Office of Management and                  demonstrate its ability to meet the
                                                  Administrative Requirements, Cost                        Budget approval. All comments will                    eligible uses (commercial facilities,
                                                  Principles, and Audit Requirements for                   become a matter of public record and                  small businesses, microenterprises,
                                                  Federal Awards (2 CFR 200) (Uniform                      may be published on the CDFI Fund’s                   community facilities, consumer
                                                  Administrative Requirements).                            Web site at http://www.cdfifund.gov.                  financial products and services,
                                                  Capitalized terms in this Request for                    The CDFI Fund is seeking input on the                 affordable housing, and intermediary
                                                  Public Comment are defined in the CDFI                   content of the CDFI Program and NACA                  lending to nonprofits and CDFIs) of
                                                  Program’s authorizing statute, the                       Program Financial Assistance and                      CDFI Fund Program awards?
                                                  Regulations, the FY 2016 CDFI Program                    Technical Assistance Applications. The                   (5) Is the data and information
                                                  and NACA Program NOFAs, the                              Applications may be obtained on the                   requested in the Application to assess
                                                  Application, and the Uniform                             CDFI Fund’s Web site at https://                      proposed Financial Assistance activities
                                                  Administrative Requirements.                             www.cdfifund.gov/Lists/CDFI%20News/                   adequate to assess these different
                                                     Through the CDFI Program and NACA                     View.aspx. CDFI Program and NACA                      activities?
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                                                  Program’s Financial Assistance awards                    Program Financial Assistance awards                      (6) What, if any, additional data and
                                                  and Technical Assistance grants, the                     must be used for Financial Products,                  information should be collected to
                                                  CDFI Fund invests in and builds the                      Financial Services, and/or Development                assess Financial Assistance activities?
                                                  capacity of for-profit and nonprofit                     Services for commercial facilities, small                (7) Are any of the questions
                                                  community based lending organizations                    businesses, microenterprises,                         particularly burdensome or difficult to
                                                  known as Community Development                           community facilities, consumer                        answer? Please be specific to type of
                                                  Financial Institutions (CDFIs).                          financial products and services,                      CDFI (e.g., regulated, non-profit, sector)?


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                                                                                  Federal Register / Vol. 81, No. 133 / Tuesday, July 12, 2016 / Notices                                          45221

                                                    (8) Are the character limitations for                  DEPARTMENT OF THE TREASURY                            enclose any information in your
                                                  narrative responses appropriate? Should                                                                        comment or supporting materials that
                                                  certain questions allow additional or                    Office of the Comptroller of the                      you consider confidential or
                                                  fewer characters?                                        Currency                                              inappropriate for public disclosure.
                                                    (9) Are there questions that lack                                                                            FOR FURTHER INFORMATION CONTACT:
                                                                                                           Agency Information Collection                         Shaquita Merritt, OCC Clearance
                                                  clarity as to intent or purpose? If so,                  Activities: Information Collection                    Officer, (202) 649–5490 or, for persons
                                                  which questions, and what needs to be                    Renewal; Submission for OMB Review;                   who are deaf or hard of hearing, TTY,
                                                  clarified in order to provide a                          Reverse Mortgage Products: Guidance                   (202) 649–5597, Legislative and
                                                  comprehensive response?                                  for Managing Compliance and                           Regulatory Activities Division, Office of
                                                    (10) Are there questions that would                    Reputation Risks                                      the Comptroller of the Currency, 400 7th
                                                  require additional guidance in order to                  AGENCY: Office of the Comptroller of the              Street SW., Suite 3E–218, Mailstop 9W–
                                                  respond adequately? If so, which                         Currency, Treasury (OCC).                             11, Washington, DC 20219.
                                                  questions, and what type of instructions                 ACTION: Notice and request for comment.               SUPPLEMENTARY INFORMATION: Under the
                                                  would be helpful in order to be able to                                                                        PRA (44 U.S.C. 3501–3520), Federal
                                                  provide a response?                                      SUMMARY:   The OCC, as part of its                    agencies must obtain approval from the
                                                    (11) Is the financial data that is                     continuing effort to reduce paperwork                 OMB for each collection of information
                                                                                                           and respondent burden, invites the                    that they conduct or sponsor.
                                                  intended to be collected adequate to
                                                                                                           general public and other Federal                      ‘‘Collection of information’’ is defined
                                                  assess an Applicant’s financial and
                                                                                                           agencies to comment on the renewal of                 in 44 U.S.C. 3502(3) and 5 CFR
                                                  portfolio performance?                                   an information collection, as required                1320.3(c) to include agency requests or
                                                    (12) Is there other information not                    by the Paperwork Reduction Act of 1995                requirements that members of the public
                                                  requested in the Application that could                  (PRA).                                                submit reports, keep records, or provide
                                                  demonstrate an Applicant’s financial                        An agency may not conduct or                       information to a third party. Section
                                                  and portfolio performance?                               sponsor, and a respondent is not                      3506(c)(2)(A) of the PRA (44 U.S.C.
                                                    (13) Tables in Questions 6 a-d ask for                 required to respond to, an information                3506(c)(2)(A)) requires Federal agencies
                                                                                                           collection unless it displays a currently             to provide a 60-day notice in the
                                                  certain data and information that will be
                                                                                                           valid Office of Management and Budget                 Federal Register concerning each
                                                  used to assess an Applicant’s projected
                                                                                                           (OMB) control number.                                 proposed collection of information,
                                                  Financial Assistance activities. Is the                     The OCC is soliciting comment                      including each proposed renewal of an
                                                  data collected in these tables adequate                  concerning renewal of its information                 existing collection of information,
                                                  to assess an Applicant’s projected                       collection titled, ‘‘Reverse Mortgage                 before submitting the collection to OMB
                                                  Financial Assistance activities?                         Products: Guidance for Managing                       for approval. To comply with this
                                                    (14) Is there other information not                    Compliance and Reputation Risks’’                     requirement, the OCC is publishing this
                                                  requested in the Application that would                  (Guidance).                                           notice.
                                                  demonstrate an Applicant’s projected                     DATES: Comments must be received by                      The OCC is proposing to extend OMB
                                                  Financial Assistance activities?                         September 12, 2016.                                   approval of the following information
                                                                                                                                                                 collection:
                                                    (15) Are there requests for data in the                ADDRESSES: Because paper mail in the
                                                                                                                                                                    Abstract: On December 16, 2009, the
                                                  Application that Applicants do not have                  Washington, DC area and at the OCC is
                                                                                                                                                                 OCC, FDIC, FRB and NCUA sought
                                                  readily available or that are burdensome                 subject to delay, commenters are                      comment on the guidance,1 which they
                                                  to obtain and/or calculate?                              encouraged to submit comments by                      issued in final form on August 17,
                                                                                                           email, if possible. Comments may be                   2010.2 The guidance focused on the
                                                    (16) Do the questions in the Technical
                                                                                                           sent to: Legislative and Regulatory                   need to provide adequate information to
                                                  Assistance Application allow the
                                                                                                           Activities Division, Office of the                    consumers about reverse mortgage
                                                  Applicant to clearly answer the                          Comptroller of the Currency, Attention:
                                                  evaluation criteria if the CDFI Program                                                                        products, to provide qualified
                                                                                                           1557–0246, 400 7th Street SW., Suite                  independent counseling to consumers
                                                  and NACA Program were to evaluate                        3E–218, Mail Stop 9W–11, Washington,
                                                  Technical Assistance Awards by the                                                                             considering these products, and to avoid
                                                                                                           DC 20219. In addition, comments may                   potential conflicts of interest. The
                                                  applicant’s ability to achieve the                       be sent by fax to (571) 465–4326 or by
                                                  following for each applicant category                                                                          guidance also addressed related
                                                                                                           electronic mail to prainfo@occ.treas.gov.             policies, procedures, internal controls,
                                                  type:                                                    You may personally inspect and                        and third party risk management.
                                                    (a) Emerging and Certifiable CDFI:                     photocopy comments at the OCC, 400                       The information collection
                                                  Achieve certification for the Applicant;                 7th Street SW., Washington, DC 20219.                 requirements included implementation
                                                                                                           For security reasons, the OCC requires                of policies and procedures, training, and
                                                    (b) Sponsoring Entity: Create and
                                                                                                           that visitors make an appointment to                  program maintenance. The requirements
                                                  certify a new CDFI; and
                                                                                                           inspect comments. You may do so by                    are outlined below:
                                                    (c) Certified CDFI: Build the capacity                 calling (202) 649–6700 or, for persons                   • Institutions offering reverse
                                                  of the Applicant to expand operations,                   who are deaf or hard of hearing, TTY,                 mortgages should have written policies
                                                  offer new products or services, or                       (202) 649–5597. Upon arrival, visitors                and procedures that prohibit the
                                                  increase the volume of current business?                 will be required to present valid                     practice of directing a consumer to a
                                                                                                           government-issued photo identification
mstockstill on DSK3G9T082PROD with NOTICES




                                                     Authority: Pub. L. 110–289, 12 CFR 1807.                                                                    particular counseling agency or
                                                                                                           and submit to security screening in                   contacting a counselor on the
                                                  Mary Ann Donovan,                                        order to inspect and photocopy                        consumer’s behalf.
                                                  Director, Community Development Financial                comments.                                                • Policies should be clear so that
                                                  Institutions Fund.                                          All comments received, including                   originators do not have an inappropriate
                                                  [FR Doc. 2016–16417 Filed 7–11–16; 8:45 am]              attachments and other supporting
                                                  BILLING CODE 4810–70–P
                                                                                                           materials, are part of the public record                1 74   FR 66652.
                                                                                                           and subject to public disclosure. Do not                2 75   FR 50801.



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Document Created: 2016-07-12 01:59:36
Document Modified: 2016-07-12 01:59:36
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 Public Comment.
DatesWritten comments must be received on or before September 12, 2016 to be assured of consideration.
ContactAmber Bell, CDFI Program and NACA Program Manager, CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220 or email to [email protected]
FR Citation81 FR 45219 

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