Bond Guarantee Program

Forms and Documents

Document Name	Status
Justification (1559-0044).doc Justification for No Material/Nonsubstantive Change	2013-06-11
NOGA clearance draft 6 3 2013.docx Supplementary Document	2013-06-06
OMB Emergency PRA Clearance Memo.docx Supplementary Document	2013-05-09
Supporting Statement - CDFI Bond Guarantee Program lmj edits mkl.doc Supporting Statement A	2013-05-09

IC Document Collections

IC ID	Document Title	Status
206837	Bond Guarantee Program Other-Certification	Modified

ICR Details

OMB Control No: 1559-0044	ICR Reference No: 201306-1559-005
Status: Historical Active	Previous ICR Reference No: 201305-1559-002
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: Bond Guarantee Program
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 05/15/2013
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/15/2013
	Date Received in OIRA: 06/11/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2013	12/31/2013	12/31/2013
Responses	120	0	120
Time Burden (Hours)	530	0	530
Cost Burden (Dollars)	0	0	0

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Abstract: The purpose of the Community Development Financial Institutions (CDFI) Bond Guarantee Program (BG Program) is to support CDFI lending by providing Guarantees for Bonds issued by Qualified Issuers as part of a Bond Issue for Eligible Community or Economic Development Purposes.

Emergency Justfication: The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) submits to the Office of Management and Budget (OMB) for emergency clearance and review, the Applications, in accordance with 5 C.F.R. 1320.13. An expedited clearance by OMB of the aforementioned application materials is essential to the mission of the CDFI Bond Guarantee Program (BG Program), the CDFI Fund and the U.S. Department of the Treasury. The CDFI Fund cannot reasonably comply with the normal clearance procedures because public harm is reasonably likely to result if normal clearance procedures are followed. The CDFI Fund requests that OMB complete its emergency review no later than May 15, 2013.

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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

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
Bond Guarantee Program

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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	120	120	0	0	0	0
Annual Time Burden (Hours)	530	530	0	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:

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Annual Cost to Federal Government:

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: 06/11/2013

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