[Federal Register Volume 62, Number 229 (Friday, November 28, 1997)]
[Notices]
[Page 63419]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-31285]
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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 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 Bank Enterprise Award (BEA) Program.
DATES: Written comments should be received on or before January 27,
1998 to be assured of consideration.
ADDRESSES: Direct all comments to Jeannine Jacokes, Community
Development Financial Institutions Fund, U.S. Department of the
Treasury, 601 13th Street, NW, Suite 200 South, Washington, D.C. 20005,
Fax Number (202) 622-7754.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the form(s) and instructions should be directed to the
Community Development Financial Institutions Fund, U.S. Department of
the Treasury, 601 13th Street, NW, Suite 200 South, Washington, D.C.
20005, or call (202) 622-8662.
SUPPLEMENTARY INFORMATION:
Title: Bank Enterprise Award Program.
OMB Number: 1505-0153.
Abstract: The purpose of the Community Development Banking and
Financial Institutions Act of 1994 (Act) was to create the Fund to
promote economic revitalization and community development through
investment in and assistance to Community Development Financial
Institutions (CDFIs). The Fund's BEA Program helps achieve this purpose
through an incentive system for insured depository institutions to,
among other things, increase their lending to and investment in CDFIs
by rewarding participating institutions with awards.
Current Actions: The Fund is in the process of making minor
technical revisions to its regulations (12 CFR part 1806), application
and final report, in order to publish a Notice of Funds Availability
(NOFA) for the third round of the BEA Program.
Type of review: Extension with change.
Affected Public: Insured depository institutions.
Estimated Number of Respondents: 70-75.
Estimated Time Per Respondent: Application: 10; Final Report: 7.
Estimated Total Annual Burden Hours: 1,240.
Requests 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 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 to provide information.
Authority: 12 U.S.C. 1834a, 4701, 4704, 4713; 12 CFR part 1806.
Dated: November 28, 1997.
Maurice A. Jones,
Acting Deputy Director.
[FR Doc. 97-31285 Filed 11-26-97; 8:45 am]
BILLING CODE 4810-70-P
