CDFI Program and NACA Program Application

Forms and Documents

Document	Type	Status	Availability
Apprendix_A_to SS_Public_Comment_Submissions.xlsx	Supplementary Document	Uploaded 2013-02-26	Repair queued
Supporting Statement for CDFI Application_REV-21FEB2013.docx	Supporting Statement A	Uploaded 2013-02-26	Available

IC Document Collections

IC ID	Collection	Type	Status	Form
20181	CDFI Program and NACA Program Application	Other-Placeholder	Modified

ICR Details

OMB Control No: 1559-0021	ICR Reference No: 201212-1559-001
Status: Historical Active	Previous ICR Reference No: 201203-1559-002
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: CDFI Program and NACA Program 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: 07/12/2013
	Date Received in OIRA: 01/03/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2016	36 Months From Approved	07/31/2013
Responses	492	0	200
Time Burden (Hours)	24,080	0	20,100
Cost Burden (Dollars)	0	0	0

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Abstract: The CDFI Fund provides financial assistance in the form of grants, loans, equity investments and deposits to community development financial institutions providing capital and financial services to underserved markets.

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Authorizing Statute(s): US Code: 12 USC 4701 Name of Law: Community Development Banking and Financial Institutions Act of 1994
   US Code: 12 USC 4703 Name of Law: null
  

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:
	77 FR 16117	03/19/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 339	01/03/2013
Did the Agency receive public comments on this ICR? Yes

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

IC Title	Form No.	Form Name
CDFI Program and NACA Program 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	492	200	0	92	200	0
Annual Time Burden (Hours)	24,080	20,100	0	-16,120	20,100	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: Using Information Technology

Short Statement: The FY 2014 application introduces an integrated smart collection tool that will now be used to collect data from CDFI Program applicants, NACA applicants and applicants for HFFI-FA. This will combine collections currently cleared under OMB number 1559-0025 (Native American CDFI Assistance [Combined] Application) and 1559-0040 (Healthy Food Financing Initiative Financial Assistance Questionnaire) under one OMB control number. This revision reflects an increase of 20,100 hours due to an adjustment in the number of applications received under the CDFI Program; and a reduction of 16,120 hours due to the new consolidated interactive collection tool. Total burden hours requested for this submission is 24,080.

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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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 01/03/2013

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