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.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
02/28/2010
6 Months From Approved
276
0
0
6,527
0
0
0
0
0
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.
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.
PL:
Pub.L. 111 - 5 1
Name of Law: American Recovery and Reinvestment Act of 2009
PL: Pub.L. 111 - 5 1 Name of Law: American Recovery and Reinvestment Act of 2009
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 FundÂs Institutional Level Report (ILR), which awardees currently report through the Community Investment Impact System (CIIS).
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:
(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;
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.
CDFI Reporting Guidance Introduction 8 18 09v2 (3).doc
Recovery Act Reporting Guidance