Community Development Financial Institutions Program - Certification Application

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form CDFI Form 0005 Certification Application	Form and Instruction	Modified	Repair queued
Form CDFI Form 0005 Community Development Financial Institutions Program - Certification Application (Private Sector)	Form	Modified	Repair queued
Form CDFI Form 0005 Certification Application	Form and Instruction	Modified	Repair queued
Form CDFI Form 0005 Community Development Financial Institutions Program - Certification Application (State, Local or Tribal Gov)	Form and Instruction	Modified	Available
1559-0028 Certification Application Comment Responses Supporting Statement Appendix.10.18.22b.docx	Supplementary Document	Uploaded 2022-11-07	Repair queued
1559-0028 SS - New CDFI Certification Application 2022-11-04.docx	Supporting Statement A	Uploaded 2022-11-07	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
41269	Community Development Financial Institutions Program - Certification Application (Private Sector)	Form and Instruction	Modified	Certification Application
41269	Community Development Financial Institutions Program - Certification Application (Private Sector)	Form	Modified
214253	Community Development Financial Institutions Program - Certification Application (State, Local or Tribal Gov)	Form and Instruction	Modified	Certification Application
214253	Community Development Financial Institutions Program - Certification Application (State, Local or Tribal Gov)	Form and Instruction	Modified

ICR Details

OMB Control No: 1559-0028	ICR Reference No: 202211-1559-001
Status: Historical Active	Previous ICR Reference No: 201812-1559-001
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: Community Development Financial Institutions Program - Certification Application
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 09/28/2023
Retrieve Notice of Action (NOA)	Date Received in OIRA: 11/07/2022
Terms of Clearance: Supporting statement updated during review.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2026	36 Months From Approved	11/30/2023
Responses	1,564	0	300
Time Burden (Hours)	86,020	0	11,250
Cost Burden (Dollars)	0	0	0

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Abstract: The certification application will be used to determine whether an entity seeking CDFI certification or recertification meets the Fund's requirements for such certification as set forth in 12 CFR 1805.201.

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Authorizing Statute(s): US Code: 12 USC 4701
  

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:
	85 FR 27274	05/07/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	87 FR 66786	11/04/2022
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Community Development Financial Institutions Program - Certification Application (Private Sector)	CDFI Form 0005	Certification Application
Community Development Financial Institutions Program - Certification Application (State, Local or Tribal Gov)	CDFI Form 0005	Certification Application

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ICR Summary of Burden

table that charts list 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	1,564	300	0	1,264	0	0
Annual Time Burden (Hours)	86,020	11,250	0	74,770	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The CDFI Fund has made substantial changes to the data collected in the Certification Application, and as such has increased the estimated burden from 40 to 55 hours per response. There is also an increase in burden due to the requirement for currently certified CDFIs to become recertified under the new application. This is a one-time increase in burden due to agency discretion.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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? No

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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: 11/07/2022

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