Recovery Act Reporting Guidance

Forms and Documents

Document Name	Status
CDFI Reporting Guidance Introduction 8 18 09v2 (3).doc Supplementary Document	2009-08-19
Supporting_Statement QILR-8 18 09 (2).doc Supporting Statement A	2009-08-19

IC Document Collections

IC ID	Document Title	Status
190357	Recovery Act Reporting Guidance Instruction	New

ICR Details

OMB Control No: 1559-0033	ICR Reference No: 200908-1559-001
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: Recovery Act Reporting Guidance
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 08/26/2009
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/28/2009
	Date Received in OIRA: 08/20/2009
Terms of Clearance: The Agency is responsible for ensuring that its Information Quality Guidelines (which are based upon the 2002 Government-wide Information Quality Guidelines (see: 67 FR 8452) were followed in the design and implementation of this information collection. Furthermore, the Agency is responsible for conducting appropriate pre-dissemination review of any reports and/or subsequent analyses of results, as presented in the Government-wide Information Quality Guidelines. If the information collection uses statistical methods, including statistical surveys or censuses, or provides performance measures, or program evaluations, the Agency is responsible for ensuring that the collection fully complies with OMB standards and guidelines for statistical surveys. If the information collection will result in influential scientific information, the Agency is responsible for developing and implementing a peer review plan prior to the dissemination of the results (see 2005 Information Quality Bulletin for Peer Review, 70 FR 2664). OMB approves the PRA request with emergency clearance to meet American Reinvestment and Recovery Act requirements. This collection will be valid for six months. If Treasury decides to continue use of the collection past the approved emergency request clearance time period, it must resubmit to OMB under the normal PRA clearance process for a three-year approval.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2010	6 Months From Approved
Responses	276	0	0
Time Burden (Hours)	6,527	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The CDFI Fund is requiring American Recovery and Reinvestment Act (ARRA)awardees to complete, on a quarterly basis, a much shorter version of the CDFI Fund's Institutional level Report (ILR), which awardees currently report through the Community Investment Impact System (CIIS). The QILR will help the CDFI Fund to meet its own ARRA agency reporting requirements per OMB guidance and enable the CDFI Fund to standardize the data that ARRA Awardees will be reporting separately to the CDFI Fund and www.FederalReporting.gov.

Emergency Justfication: The questions within the Quarterly Institutional Level Report (QILR)are a subset of questions in the existing ILR instrument already cleared under OMB 1559-0027 (which is scheduled to expire 7/31/2010). Also, the information gathered from the QILR will help the CDFI Fund meet its own American Recovery and Reinvestment Act (ARRA)agency reporting requirements as per OMB guidance and enable the CDFI Fund to standardize the data that ARRA Awardees will be reporting separately and assure the quality of information awardees must provide to the ARRA's federal reporting portal.

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Authorizing Statute(s): PL: Pub.L. 111 - 5 1 Name of Law: American Recovery and Reinvestment Act of 2009
  

Citations for New Statutory Requirements: PL: Pub.L. 111 - 5 1 Name of Law: American Recovery and Reinvestment Act of 2009

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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

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
Recovery Act Reporting Guidance	CDFI Form 0027	FY 2009 CDFI and NACA Program American Recovery and Reinvestment Act Quarterly Institution Level Report

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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	276	0	276	0	0	0
Annual Time Burden (Hours)	6,527	0	6,527	0	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: No

Burden Reduction Due to:

Short Statement: The CDFI Fund is requiring American Recovery and Reinvestment Act (ARRA) awardees to complete, on a quarterly basis, a much shorter version of the CDFI Fund’s Institutional Level Report (ILR), which awardees currently report through the Community Investment Impact System (CIIS).

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Annual Cost to Federal Government: $370,000

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)? Yes

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: 08/20/2009

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