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.
The U.S. Department of the TreasuryÂs 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.
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.