Capital Magnet Fund Forms

ICR 201706-1559-001

OMB: 1559-0036

Federal Form Document

ICR Details
1559-0036 201706-1559-001
Active 201606-1559-002
Capital Magnet Fund Forms
Revision of a currently approved collection   No
Approved without change 04/30/2018
Retrieve Notice of Action (NOA) 08/30/2017
  Inventory as of this Action Requested Previously Approved
04/30/2021 36 Months From Approved 04/30/2018
255 0 255
22,200 0 22,200
1,286,892 0 0

Under the Capital Magnet Fund (CMF) the Community Development Financial Institutions (CDFI) Fund provides competitively awarded grants to CDFIs and qualified nonprofit housing organizations to finance affordable housing and related community development projects.

PL: Pub.L. 110 - 289 1339 Name of Law: Housing & Economic Recovery Act of 2008

Not associated with rulemaking

  81 FR 35815 06/03/2016
82 FR 41310 08/30/2017

  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 255 255 0 0 0 0
Annual Time Burden (Hours) 22,200 22,200 0 0 0 0
Annual Cost Burden (Dollars) 1,286,892 0 0 1,286,892 0 0
Miscellaneous Actions
Miscellaneous Actions
The modifications in burden are a result of separating the Application and Annual Report into the Private Sector and Nonprofit organizations and Tribal organizations. Furthermore, the CDFI Fund updated the ICR information to include information on cost burden to the respective applicant and recipient pools.

Dan Aiello 202 653-0401 [email protected]


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.

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