83 FR 43736 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Multiple CDFI Information Collection Requests

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 166 (August 27, 2018)

The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on these requests.

[Federal Register Volume 83, Number 166 (Monday, August 27, 2018)]
[Notices]
[Pages 43736-43737]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-18492]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Multiple CDFI Information Collection Requests

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on these requests.

DATES: Comments should be received on or before September 26, 2018 to 
be assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Jennifer Quintana by emailing [email protected], calling 
(202) 622-0489, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 

Community Development Financial Institutions (CDFI)

    Title: Annual Compliance Reports.
    OMB Control Number: 1559-XXXX.
    Type of Review: New collection (Request for a new OMB Control 
Number).
    Abstract: This collection captures quantitative information from 
Community Development Financial Institutions Program (CDFI Program) and 
Native American CDFI Assistance Program (NACA Program) recipients. This 
information is used to assess: (1) The recipient's activities as 
detailed in their application materials; (2) the recipient's approved 
use of the assistance; (3) the recipient's financial condition; and (4) 
overall compliance with the terms and conditions of the assistance 
agreement entered into by the CDFI Fund and the recipient.
    Forms: CDFI Annual Performance Progress Report (Private Sector), 
CDFI Annual Performance Progress Report (State, Local, Tribal 
Governments), CDFI Annual Financial Statement Audit Report (Private 
Sector), CDFI Annual Financial Statement Audit Report (State, Local, 
Tribal Governments), CDFI Annual Single Audit Report (Private Sector), 
CDFI Annual Single Audit Report (State, Local, Tribal Governments).
    Affected Public: Businesses or other for-profits, Not-for-profit 
institutions, and State, Local, and Tribal Governments.
    Estimated Total Annual Burden Hours: 858.

    Title: Annual Compliance Reports.
    OMB Control Number: 1559-0046.
    Type of Review: Revision of a currently approved collection.
    Abstract: The primary intent of the Annual Certification and Data 
Collection Report Form is to ensure that Community Development 
Financial Institutions (CDFI) continue to meet the requirements to be 
certified CDFIs. It is also an annual method to ensure that 
organizational information is up-to-date. The financial and portfolio 
data will be used by the CDFI Fund to gain insight on the CDFI 
industry. Information provided in these sections will not impact a 
CDFI's certification status or applications for CDFI Fund programs.
    Forms: Annual Certification and Data Collection Report Form.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 8,663.

    Title: Disability Funds Financial Assistance Application.
    OMB Control Number: 1559-0048.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: The Consolidated Appropriations Act of 2017 (Act; Pub. L. 
115-31) provided the CDFI Fund up to $3 million to provide ``technical 
and financial assistance to CDFIs that fund projects to help 
individuals with disabilities.'' The CDFI Fund created the Disability 
Funds-Financial Assistance (DF-FA) Application in response to this 
Congressional directive. Furthermore, the Consolidated Appropriations 
Act of 2018 (Pub. L. 115-141) provided an additional $3 million towards 
this objective. The CDFI Fund intends to provide DF-FA awards to 
certified CDFIs with a track record of serving individuals with 
disabilities. For purposes of the DF-FA awards selection process, 
Disability will mean a person with a physical or mental impairment that 
substantially limits one or more major life activities; a person who 
has a history or record of such an impairment; or a person who is 
perceived by others as having such an impairment, as defined by the 
Americans with Disabilities Act (ADA). Applicants selected to receive 
DF-FA awards will have a demonstrated track record of serving 
individuals with disabilities, specifically by providing financial 
products and services and/or development services that have a primary 
purpose of benefiting

[[Page 43737]]

individuals with disabilities. Additionally, successful applicants will 
demonstrate that they will increase and/or expand their financial 
products and services, and/or development services, to address the 
challenges of individuals with disabilities, in areas such as: asset 
development; affordable, accessible, and safe housing; employment 
opportunities; and access to assistive products and services that 
support health and community living. The CDFI Fund will administer DF-
FA awards in conjunction with the annual Community Development 
Financial Institutions Program (CDFI Program) and Native American CDFI 
Assistance Program (NACA Program) application process.
    Forms: 2018-02.
    Affected Public: Businesses or other for-profits.
    Estimated Total Annual Burden Hours: 360.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: August 22, 2018.
Jennifer P. Quintana,
Treasury PRA Clearance Officer.
[FR Doc. 2018-18492 Filed 8-24-18; 8:45 am]
 BILLING CODE 4810-70-P