98-29721. Delegation of Authority for Administering the Community Development Financial Institutions Fund

[Federal Register Volume 63, Number 215 (Friday, November 6, 1998)]
[Notices]
[Page 60041]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29721]


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DEPARTMENT OF THE TREASURY

[Treasury Directive Number 11-02]


Delegation of Authority for Administering the Community 
Development Financial Institutions Fund

    1. Delegation. a. Pursuant to Treasury Order (TO) 101-20, this 
Directive delegates to the Director, Community Development Financial 
Institutions Fund, all duties, powers, rights, and obligations vested 
by TO 101-20 in the Under Secretary (Domestic Finance) for purposes of 
administering the Community Development Financial Institutions Fund, a 
wholly owned government corporation within the Department of the 
Treasury.
    b. The Director, Community Development Financial Institutions Fund, 
is designated as an officer of the Community Development Financial 
Institutions Fund pursuant to section 104(b)(3) of the Community 
Development Banking and Financial Institutions Act of 1994, subtitle A 
of title I of the Riegle Community Development and Regulatory 
Improvement Action of 1994, Pub. L. 103-325 (12 U.S.C. 4703 (b)(3)).
    2. The Director, Community Development Financial Institutions Fund, 
shall report to the Under Secretary (Domestic Finance).
    3. The Director, Community Development Financial Institutions Fund, 
may redelegate in writing to officers of the Community Development 
Financial Institutions Fund such of the authority granted under this 
Directive as the Director deems appropriate. For purposes of such 
redelegation of authority, the Director, Community Development 
Financial Institutions Fund, may designate as officers, in writing, 
such individuals as the Director deems appropriate.
    4. Authority. TO 101-20, ``Administering the Community Development 
Financial Institutions Fund,'' dated August 14, 1995.
    5. Expiration Date. This Directive shall expire three years from 
the date of issuance unless superseded or canceled prior to that date.
    6. Office of Primary Interest. Office of the Under Secretary 
(Domestic Finance).
John D. Hawke, Jr.,
Under Secretary (Domestic Finance).
[FR Doc. 98-29721 Filed 11-5-98; 8:45 am]
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