Request for Public Comment BEA Program

Federal Register / Vol. 73, No. 108 / Wednesday, June 4, 2008 / Notices
protected by the conditions imposed in
Norfolk and Western Ry. Co.—Trackage
Rights—BN, 354 I.C.C. 605 (1978), as
modified in Mendocino Coast Ry., Inc.—
Lease and Operate, 360 I.C.C. 653
(1980), and any employee affected by
the discontinuance of those trackage
rights will be protected by the
conditions set out in Oregon Short Line
R. Co.—Abandonment—Goshen, 360
I.C.C. 91 (1979).
This notice is filed under 49 CFR
1180.2(d)(8). If it contains false or
misleading information, the exemption
is void ab initio. Petitions to revoke the
exemption under 49 U.S.C. 10502(d)
may be filed at any time. The filing of
a petition to revoke will not
automatically stay the transaction. Any
stay petition must be filed on or before
June 11, 2008 (at least 7 days before the
exemption becomes effective).
Pursuant to the Consolidated
Appropriations Act, 2008, Public Law
No. 110–161, § 193, 121 Stat. 1844
(2007), nothing in this decision
authorizes the following activities at any
solid waste rail transfer facility:
Collecting, storing, or transferring solid
waste outside of its original shipping
container; or separating or processing
solid waste (including baling, crushing,
compacting, and shredding). The term
‘‘solid waste’’ is defined in section 1004
of the Solid Waste Disposal Act, 42
U.S.C. 6903.
An original and 10 copies of all
pleadings, referring to STB Finance
Docket No. 35145, must be filed with
the Surface Transportation Board, 395 E
Street, SW., Washington, DC 20423–
0001. In addition, a copy of each
pleading must be served on Gabriel S.
Meyer, Union Pacific Railroad
Company, 1400 Douglas Street, STOP
1580, Omaha, NE 68179.
Board decisions and notices are
available on our Web site at http://
www.stb.dot.gov.
Decided: May 28, 2008.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Anne K. Quinlan,
Acting Secretary.
[FR Doc. E8–12425 Filed 6–3–08; 8:45 am]
BILLING CODE 4915–01–P

DEPARTMENT OF THE TREASURY

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Community Development Financial
Institutions Fund
Community Development
Financial Institutions Fund, Department
of the Treasury.
ACTION: Request for Public Comments,
Bank Enterprise Award Program.
AGENCY:

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SUMMARY: This document invites
comments from the public on certain
programmatic and administrative
aspects of the Community Development
Financial Institutions Fund’s Bank
Enterprise Award (BEA) Program,
pursuant to the BEA Program
regulations set forth at 12 CFR part 1806
(the Interim Rule). All materials
submitted will be available for public
inspection and copying.
DATES: All comments and submissions
must be received by July 7, 2008.
ADDRESSES: Comments should be sent
by mail to: Depository Institutions
Program Advisor, CDFI Fund, U.S.
Department of the Treasury, 601 13th
Street, NW., Suite 200 South,
Washington, DC 20005; by e-mail to
[email protected]; or by facsimile
at (202) 622–7754. This is not a toll free
number.
FOR FURTHER INFORMATION CONTACT:
Information regarding the CDFI Fund
and its programs may be downloaded
from the CDFI Fund’s Web site at
http://www.cdfifund.gov.
SUPPLEMENTARY INFORMATION: Through
the BEA Program, the Community
Development Financial Institutions
Fund (CDFI Fund or the Fund)
encourages Insured Depository
Institutions to increase their activities in
the form of loans, investments, services,
and technical assistance provided
within Distressed Communities, as well
as investments in Community
Development Financial Institutions
(CDFIs) through grants, stock purchases,
loans, deposits, and other forms of
financial and technical assistance. The
increase in these activities is measured
from a Baseline Period to an Assessment
Period. Each capitalized term used in
this Request for Public Comments is
more fully defined either in the Interim
Rule or the Notice of Funds Availability
for the FYs 2007 and 2008 funding
rounds of the BEA Program (72 FR 189)
(the NOFA). Through this notice, the
CDFI Fund is seeking comments from
the public regarding certain
programmatic and administrative
aspects of the CDFI Fund’s BEA
Program. Commentators are encouraged
to consider, at a minimum, the
following issues:
(1) Terms and Conditions of Award:
Under the BEA Program, the Awardee
enters into an Award Agreement with
the CDFI Fund that sets forth the terms
and conditions of the award. Currently,
the Award Agreement does not require
an Awardee to use the award for a
specific purpose or activity.
Furthermore, the Award Agreement
does not require BEA Awardees to

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report to the Fund on the use of their
awards.
(a) Use of BEA Awards: The Fund is
considering revisions to the BEA
Program that would require Awardees to
use their awards for Qualified
Activities. The Fund makes BEA awards
to selected Applicants that increase
their Qualified Activities during a
specified period. Qualified Activities
are defined in the Interim Rule to
include CDFI Related Activities,
Distressed Community Financing
Activities, and Service Activities (12
CFR 1806.103(mm)). CDFI Related
Activities include Equity Investments,
Equity-Like Loans, and CDFI Support
Activities (12 CFR 1806.103(p)).
Distressed Community Financing
Activities include Affordable Housing
Loans; Affordable Housing Development
Loans and related Project Investments;
Education Loans; Commercial Real
Estate Loans and related Project
Investments; Home Improvement Loans;
and Small Business Loans and related
Project Investments (12 CFR
1806.103(u)). Service Activities include
Deposit Liabilities; Financial Services;
Community Services; Targeted
Financial Services; and Targeted Retail
Savings/Investment Products (12 CFR
1806.103(oo)).
(i) What information should the CDFI
Fund collect from Awardees in order to
monitor the use of BEA awards for
Qualified Activities?
(ii) Are there additional types of
Qualified Activities that should be
included in the current list of Qualified
Activities? If so, please describe. Should
the CDFI Fund revise the current
definitions of any Qualified Activities?
(iii) Are there other categories of
activities in which the CDFI Fund
should require Awardees to deploy their
BEA awards?
(iv) What is a reasonable timeframe to
require Awardees to deploy BEA award
proceeds as Qualified Activities?
(v) How should the CDFI Fund
administer this deployment
requirement? Please comment on any
application modifications, Award
Agreement modifications, and
compliance and monitoring policies that
should be modified or created to
support a deployment requirement.
(b) BEA Award Reporting
Requirements:
(i) CDFI Program awardees and New
Markets Tax Credit (NMTC) Program
allocatees are required to report annual
performance data through the CDFI
Fund’s Community Investment Impact
System (CIIS). CDFIs that receive a
Financial Assistance award through the
CDFI Program are required to provide
such data for three years; NMTC

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Federal Register / Vol. 73, No. 108 / Wednesday, June 4, 2008 / Notices

Program allocatees are required to report
their activities for the entire period of
their tax credit allocation period (over
approximately seven years). The BEA
Program has no such performance data
reporting requirement. Should the CDFI
Fund require BEA Awardees to report
their performance activities annually
through CIIS? How many years should
BEA Awardees be required to report
such data?
(ii) The BEA Application Report of
Transactions spreadsheet includes a
field for Applicants to report impacts for
Distressed Community Financing
Activities. Currently, this reporting
request is optional for Applicants.
Should the Fund require Applicants to
report the estimated impact for each
Qualifying Activity submitted for award
consideration? Should the Fund revise
the current definitions of the Distressed
Community Financing Activity impacts?
If so, please provide relevant impact
definitions for the current Qualifying
Activities.
(2) Eligible CDFI Partners: Currently,
the CDFI Fund requires eligible CDFI
Partners to submit BEA Signature Pages
and Distressed Community maps for
each funding round in which they
receive support through an Applicant’s
CDFI Related Activities. Should the
CDFI Fund consider all certified CDFIs
as eligible CDFI Partners, and eliminate
all or any CDFI Partner submission
requirements?
(3) Calculating the Estimated Award
Amount: The Interim Rule describes the
process for selecting Applicants to
receive BEA Program awards and
determining award amounts. Currently
there is no minimum amount for BEA
awards. Should the CDFI Fund establish
a minimum award threshold? If so, what
should it be?
Authority: 12 U.S.C. 1834a, 4703, 4703
note, 4713; 12 CFR part 1806.
Dated: May 29, 2008.
Donna J. Gambrell,
Director, Community Development Financial
Institutions Fund.
[FR Doc. E8–12515 Filed 6–3–08; 8:45 am]

DEPARTMENT OF THE TREASURY
Fiscal Service
Surety Companies Acceptable on
Federal Bonds—Termination: Capital
City Insurance Company, Inc
Financial Management Service,
Fiscal Service, Department of the
Treasury.
ACTION: Notice.
AGENCY:

SUMMARY: This is Supplement No. 15 to
the Treasury Department Circular 570,
2007 Revision, published July 2, 2007,
at 72 FR 36192.
FOR FURTHER INFORMATION CONTACT:
Surety Bond Branch at (202) 874–6850.
SUPPLEMENTARY INFORMATION: Notice is
hereby given that the Certificate of
Authority issued by the Treasury to the
above-named company under 31 U.S.C.
9305 to qualify as acceptable surety on
Federal bonds was terminated effective
May 1, 2008. Federal bond-approving
officials should annotate their reference
copies of the Treasury Department
Circular 570 (‘‘Circular’’), 2007
Revision, to reflect this change.
With respect to any bonds currently
in force with this company, bondapproving officers may let such bonds
run to expiration and need not secure
new bonds. However, no new bonds
should be accepted from this company,
and bonds that are continuous in nature
should not be renewed.
The Circular may be viewed and
downloaded through the Internet at
http://www.fms.treas.gov/c570.
Questions concerning this notice may
be directed to the U.S. Department of
the Treasury, Financial Management
Service, Financial Accounting and
Services Division, Surety Bond Branch,
3700 East-West Highway, Room 6F01,
Hyattsville, MD 20782.

Dated: May 29, 2008.
Vivian L. Cooper,
Director, Financial Accounting and Services
Division.
[FR Doc. E8–12427 Filed 6–3–08; 8:45 am]
BILLING CODE 4810–35–M

DEPARTMENT OF VETERANS
AFFAIRS

BILLING CODE 4810–70–P

Privacy Act of 1974; System of
Records

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Notice of Amendment of System
of Records; correction.

ACTION:

SUMMARY: The Department of Veterans
Affairs (VA) published a notice in the
Federal Register on May 8, 2008 (73 FR
26192), amending a system of records by
renaming and renumbering the system.
The document inadvertently contained
two typographical errors, and this
document corrects those errors.

Effective Date: This correction is
effective June 4, 2008.

DATES:

FOR FURTHER INFORMATION CONTACT:
Stephania H. Putt, Veterans Health
Administration (VHA), Privacy Officer,
Department of Veterans Affairs, 810
Vermont Avenue, NW., Washington, DC
20420, (704) 245–2492.

We
published an amendment to a system of
records formerly entitled ‘‘Healthcare
Eligibility Records–VA’’ (89VA19) on
May 8, 2008 (73 FR 26192). That
document renamed and renumbered the
system of records to ‘‘Income
Verification Records–VA’’ (89VA16), as
well as revised the ‘‘Description of
Systems of Records’’; ‘‘Routine Use
Disclosures of Data in the System’’;
‘‘Categories of Records in the System’’;
‘‘Routine Uses of Records Maintained in
the System’’; and ‘‘Retrievability.’’ In
one place we inadvertently omitted the
new system number after the new title
and in two other places the old system
number appears. This document
corrects those errors.
SUPPLEMENTARY INFORMATION:

In FR Doc. E8–10230 published on
May 8, 2008 (73 FR 26192), make the
following corrections:
On page 26193, first column, in the
paragraph entitled ‘‘I. Description of
Revised System of Records’’ insert the
new system number ‘‘(89VA16)’’ after
the end quote mark of ‘‘Income
Verification Records–VA’’ (89VA16). On
the same page, third column,
immediately above and below the
SYSTEM NAME heading remove
‘‘89VA19’’ and add, in each place,
‘‘89VA16’’.
Dated: May 29, 2008.
Robert C. McFetridge,
Assistant to the Secretary for Regulation
Policy and Management.
[FR Doc. E8–12381 Filed 6–3–08; 8:45 am]
BILLING CODE 8320–01–P

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