[Federal Register: October 29, 2003 (Volume 68, Number 209)]
[Notices]
[Page 61716-61717]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr29oc03-87]
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DEPARTMENT OF THE TREASURY
Community Development Financial Institutions Fund
Proposed Collection; Comment Request
ACTION: Notice and request for comments.
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SUMMARY: The 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 of 1995, Pub. L. 104-13 (44 U.S.C.
3506(c)(2)(A)). Currently, the Community Development Financial
Institutions Fund (the ``Fund''), within the Department of the
Treasury, is soliciting comments concerning the Native American CDFI
Assistance (NACA) Program Application.
DATES: Written comments should be received on or before December 29,
2003 to be assured of consideration.
ADDRESS: Direct all written comments to Linda G. Davenport, Deputy
Director for Policy and Programs, Community Development Financial
Institutions Fund, U.S. Department of the Treasury, 601 13th Street
NW., Suite 200 South, Washington, DC 20005, Facsimile Number (202) 622-
7754.
FOR FURTHER INFORMATION CONTACT: A copy of the draft NACA Program
Application or requests for additional information may be obtained by
contacting: Margaret Nilson, Manager (Native American Initiative),
Community Development Financial Institutions Fund, U.S. Department of
the Treasury, 601 13th Street NW., Suite 200 South, Washington, DC
20005; or by phone to (202) 622-8662.
SUPPLEMENTARY INFORMATION:
Title: Native American CDFI Assistance (NACA) Program Application
Abstract: The Community Development Banking and Financial
Institutions Act of 1994 (12 U.S.C. 4701 et seq.) (the ``Act'')
authorizes the Community Development Financial Institutions Fund (the
``Fund'') of the U.S. Department of the Treasury to promote economic
revitalization and community development through investment in and
assistance to Fund-certified community development financial
institutions (``CDFIs'') through the CDFI Program. In addition, the
Departments of Veterans Affairs and Housing and Urban Development, and
Independent Agencies Appropriations Act, 2002 (Pub. L. 107-73)
authorizes the Fund to provide technical assistance grants to benefit
Native American, Alaska Native and Native Hawaiian communities
(hereafter referred to as ``Native American Communities'') by building
the capacity of CDFIs that serve those communities (hereafter referred
to as ``Native American CDFIs''). Further, the Consolidated
Appropriations Resolution, 2003 (Pub. L. 108-7) authorizes the Fund to
provide financial assistance and technical assistance to benefit Native
American Communities, with such benefit being provided primarily
through qualified community development lender organizations with
experience and expertise in community development banking and lending
in Indian country, Native American organizations, Tribes and tribal
organizations and other suitable providers.
Through the NACA Program, the Fund provides (i) FA and/or TA awards
to Native American CDFIs and entities that can be certified as Native
American CDFIs at time of award; and (ii) TA awards to entities that
propose to become Native American CDFIs within two years and
``Sponsoring Entities'' (e.g., Native American organizations, Tribes,
Tribal organizations) that propose to create separate legal entities
[[Page 61717]]
that will become Native American CDFIs within two years.
Type of Review: New collection.
Affected Public: Not-for-profit institutions; state, local or
tribal government and tribal entities; and businesses or other for-
profit institutions.
Estimated Number of Respondents: 40.
Estimated Annual Time Per Respondent: 65 hours.
Estimated Total Annual Burden Hours: 2,600 hours.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the Fund, including whether the
information shall have practical utility; (b) the accuracy of the
Fund'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 automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Authority: Pub. L. 107-73; Pub. L. 108-7.
Dated: October 21, 2003.
Tony T. Brown,
Director, Community Development Financial Institutions Fund.
[FR Doc. 03-27204 Filed 10-28-03; 8:45 am]
BILLING CODE 4810-70-P