No material or nonsubstantive change to a currently approved collection
No
Regular
08/14/2023
Requested
Previously Approved
07/31/2026
07/31/2026
2,502
1,902
1,877
1,427
0
0
Recipients of the Bank Enterprise Award Program (BEA Program), the Community Development Financial Institutions Program (CDFI Program), the CDFI Rapid Response Program (CDFI RRP), the Native American CDFI Assistance Program (NACA Program), and the Small Dollar Loan Program (SDL Program) submit the Uses of Award Report via the CDFI Fundâs Awards Management Information System (AMIS) once a year, three (3) months after their Period of Performance (BEA Program) end date or fiscal year end (CDFI, RRP, NACA and SDL Programs). Recipients respond to the questions by providing numerical figures, âyesâ or ânoâ answers, or narrative responses, as appropriate. This report is used to determine Recipient compliance with the applicable performance goals in their Award or Assistance Agreement (âAgreementâ), and to demonstrate how award funds are expended.
US Code:
12 USC 4701
Name of Law: Riegle Community Development Banking and Financial Institutions Act of 1994
US Code:
12 USC 1834a
Name of Law: Assessment Credit for Qualifing Activities Relating to Distressed Communities
While there are no substantive changes to the information requirements, the estimated time it takes to complete the Performance Progress Report has been reduced from 60 to 45 minutes per response, based on a revised assessment. There is also an increase in total burden due to a revised estimate of the number of Use of Award Report Forms being filed based on more recent data, including due to awards made under the Rapid Response Program.
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.