The Community Development Financial Institutions Program - Certification Application

Forms and Documents

Document Name	Status
Form CDFI Form 0005 The Community Development Financial Institutions Program - Certification Application Form and Instruction	Modified
Supporting Statement for Certification-Recertification 1559-0028 07-30-08.pdf Supporting Statement A	2008-07-30

IC Document Collections

IC ID	Document Title	Status
41269	The Community Development Financial Institutions Program - Certification Application Form and Instruction	Modified

ICR Details

OMB Control No: 1559-0028	ICR Reference No: 200807-1559-001
Status: Historical Active	Previous ICR Reference No: 200508-1559-001
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: The Community Development Financial Institutions Program - Certification Application
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/04/2008
	Date Received in OIRA: 07/31/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2011	36 Months From Approved	09/30/2008
Responses	300	0	1
Time Burden (Hours)	11,250	0	12,600
Cost Burden (Dollars)	0	0	0

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Abstract: The certification application will be used to determine whether an entity seeking CDFI certification or recertification meets the Fund's requirements for such certification as set forth in 12 C.F.R. 1805.201.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 31191	05/30/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 43977	07/29/2008
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
The Community Development Financial Institutions Program - Certification Application	CDFI Form 0005	CDFI Certification Application

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	300	1	0	299	0	0
Annual Time Burden (Hours)	11,250	12,600	0	-1,350	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The reduction in burden hours is due to a reassessment of the Fund's previous estimates. The factors affecting the revised estimate include: 1) anticipation of fewer number of annual respondents, 2)mix of respondents - anticipate fewer new certification respondents and an increase in recertification respondents, and 3) average burden hour respondent - with the new electronic application system we are developing, we anticipate a reduction in the average burden per respondent, especially for the recertification respondents. In addition, we corrected an error in the previous reporting of the number of annual responses. This correction has had no effect on the burden hours.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 07/31/2008

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