Open Meeting of the OTS Minority Depository Institutions Advisory Committee, 9871 [E9-4814]

Download as PDF Federal Register / Vol. 74, No. 43 / Friday, March 6, 2009 / Notices Commitment for Use Deadline Section 1339(h)(4) of the Act states: ‘‘Amounts made available for grants under this section shall be committed for use within 2 years of the date of such allocation.’’ The CDFJ Fund welcomes comments regarding how the term ‘‘committed’’ should be defined, and how it can be verified, for the purposes of this requirement. Prohibited Uses Section 1339(h)(5)–(6) of the Act lists prohibited uses with respect to grants awarded under this program. Are there any additional prohibitions or limitations that should be applied? For example, there are no stated limitations regarding the portions of Capital Magnet Fund grants that may be retained by the awardee to cover operating costs. Should the CDFJ Fund permit a set portion of awards to cover operating costs? If so, what percentage of the funds should be allowed? Should awardees be restricted in the level of fees they charge to sub recipients/endusers? mstockstill on PROD1PC66 with NOTICES Section 1339(h)(8) of the Act provides for accountability standards with respect to tracking the use of award dollars, as well as remedies in the event that an awardee misuses funds. The CDFI Fund welcomes comments on how to administer awards and monitor the deployment of funds awarded under the Capital Magnet Fund, particularly with respect to the following questions: (a) What documentation should be required to demonstrate that funds awarded under the Capital Magnet Fund have been committed? (b) What types of documentation should be required to demonstrate completion of projects? (c) What types of documentation should be required to demonstrate satisfaction of the affordability requirement related to housing developed, preserved, rehabilitated, or purchased with the support of Capital Magnet Fund awards? (d) What support, if any, would applicants and awardees like to see from the CDFI Fund at the post-award stage? (e) What specific industry standards for impact measures (units produced, percentage of units affordable to lowincome persons; time to complete; etc.) should the CDFI Fund adopt for evaluating and monitoring projects funded under the Capital Magnet Fund? 16:20 Mar 05, 2009 Jkt 217001 Authority: 12 U.S.C. 4569. Dated: February 27, 2009. Donna J. Gambrell. Director, Community Development Financial Institutions Fund. [FR Doc. E9–4648 Filed 3–5–09; 8:45 am] BILLING CODE 4810–70–M DEPARTMENT OF THE TREASURY Office of Thrift Supervision [Docket ID: OTS–2009–0001] Open Meeting of the OTS Minority Depository Institutions Advisory Committee Accountability of Recipients and Grantees VerDate Nov<24>2008 General Comments The Fund is interested in comments regarding the types of affordable housing projects or activities for which applicants anticipate applying under the Capital Magnet Fund. Please detail the specific activity (development, preservation, rehabilitation, purchase, etc.), the populations served by this activity, the applicant’s role in the activity, the sources of finance used to complete each activity, and the preferred time frame of grants received under the Capital Magnet Fund. AGENCY: Department of the Treasury, Office of Thrift Supervision. ACTION: Notice of meeting. SUMMARY: The OTS Minority Depository Institutions Advisory Committee (MDIAC) will convene its first meeting on Wednesday, March 25, 2009, in Conference Room 6A of the Office of Thrift Supervision, 1700 G Street, NW., Washington, DC, beginning at 9:30 a.m. Eastern Time. The meeting will be open to the public. DATES: The meeting will be held on Wednesday, March 25, 2009, at 9:30 a.m. Eastern Time. ADDRESSES: The meeting will be held at the Office of Thrift Supervision, 1700 G Street, NW., Washington, DC in Conference Room A. The public is invited to submit written statements to the MDIAC by any one of the following methods: • E-mail address: Commaffairs@ots.treas.gov; or • Mail: To Cassandra McConnell, Designated Federal Official, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552 in triplicate. The agency must receive statements no later than March 18, 2009. FOR FURTHER INFORMATION CONTACT: Cassandra McConnell, Designated Federal Official, (202) 906–5750, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552. PO 00000 Frm 00093 Fmt 4703 Sfmt 4703 9871 By this notice, the Office of Thrift Supervision is announcing that the OTS Minority Depository Institutions Advisory Committee will convene its first meeting on Wednesday, March 25, 2009, in Conference Room 6A at the Office of Thrift Supervision, 1700 G Street, NW., Washington, DC, beginning at 9:30 a.m. Eastern Time. The meeting will be open to the public. Because the meeting will be held in a secured facility with limited space, members of the public who plan to attend the meeting, and members of the public who require auxiliary aid, must contact the Office of Community Affairs at 202–906–7891 by 5 p.m. Eastern Time on Wednesday, March 18, 2009, to inform OTS of their desire to attend the meeting and to provide the information that will be required to facilitate entry into the OTS building. To enter the building, attendees should provide their full name, e-mail address, date of birth, social security number, organization, and country of citizenship. The purpose of the meeting is to advise OTS on ways to meet the goals established by section 308 of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), Public Law 101–73, Title III, 103 Stat. 353, 12 U.S.C.A. 1463 note. The goals of section 308 are to preserve the present number of minority institutions, preserve the minority character of minority-owned institutions in cases involving mergers or acquisitions, provide technical assistance, and encourage the creation of new minority institutions. The MDIAC will help OTS meet those goals by providing informed advice and recommendations regarding a range of issues involving minority depository institutions. SUPPLEMENTARY INFORMATION: Dated: March 3, 2009. By the Office of Thrift Supervision. Montrice Godard Yakimov, Managing Director, Compliance and Consumer Protection. [FR Doc. E9–4814 Filed 3–3–09; 4:15 pm] BILLING CODE 6720–01–P U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Hearing AGENCY: U.S.-China Economic and Security Review Commission. ACTION: Notice of open public hearing— March 24, 2009, Washington, DC. SUMMARY: Notice is hereby given of the following hearing of the U.S.-China Economic and Security Review Commission. E:\FR\FM\06MRN1.SGM 06MRN1

Agencies

[Federal Register Volume 74, Number 43 (Friday, March 6, 2009)]
[Notices]
[Page 9871]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-4814]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision

[Docket ID: OTS-2009-0001]


Open Meeting of the OTS Minority Depository Institutions Advisory 
Committee

AGENCY: Department of the Treasury, Office of Thrift Supervision.

ACTION: Notice of meeting.

-----------------------------------------------------------------------

SUMMARY: The OTS Minority Depository Institutions Advisory Committee 
(MDIAC) will convene its first meeting on Wednesday, March 25, 2009, in 
Conference Room 6A of the Office of Thrift Supervision, 1700 G Street, 
NW., Washington, DC, beginning at 9:30 a.m. Eastern Time. The meeting 
will be open to the public.

DATES: The meeting will be held on Wednesday, March 25, 2009, at 9:30 
a.m. Eastern Time.

ADDRESSES:  The meeting will be held at the Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC in Conference Room A. 
The public is invited to submit written statements to the MDIAC by any 
one of the following methods:
     E-mail address: Commaffairs@ots.treas.gov; or
     Mail: To Cassandra McConnell, Designated Federal Official, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552 
in triplicate.
    The agency must receive statements no later than March 18, 2009.

FOR FURTHER INFORMATION CONTACT: Cassandra McConnell, Designated 
Federal Official, (202) 906-5750, Office of Thrift Supervision, 1700 G 
Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: By this notice, the Office of Thrift 
Supervision is announcing that the OTS Minority Depository Institutions 
Advisory Committee will convene its first meeting on Wednesday, March 
25, 2009, in Conference Room 6A at the Office of Thrift Supervision, 
1700 G Street, NW., Washington, DC, beginning at 9:30 a.m. Eastern 
Time. The meeting will be open to the public. Because the meeting will 
be held in a secured facility with limited space, members of the public 
who plan to attend the meeting, and members of the public who require 
auxiliary aid, must contact the Office of Community Affairs at 202-906-
7891 by 5 p.m. Eastern Time on Wednesday, March 18, 2009, to inform OTS 
of their desire to attend the meeting and to provide the information 
that will be required to facilitate entry into the OTS building. To 
enter the building, attendees should provide their full name, e-mail 
address, date of birth, social security number, organization, and 
country of citizenship. The purpose of the meeting is to advise OTS on 
ways to meet the goals established by section 308 of the Financial 
Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), 
Public Law 101-73, Title III, 103 Stat. 353, 12 U.S.C.A. 1463 note. The 
goals of section 308 are to preserve the present number of minority 
institutions, preserve the minority character of minority-owned 
institutions in cases involving mergers or acquisitions, provide 
technical assistance, and encourage the creation of new minority 
institutions. The MDIAC will help OTS meet those goals by providing 
informed advice and recommendations regarding a range of issues 
involving minority depository institutions.

    Dated: March 3, 2009.

    By the Office of Thrift Supervision.
Montrice Godard Yakimov,
Managing Director, Compliance and Consumer Protection.
 [FR Doc. E9-4814 Filed 3-3-09; 4:15 pm]
BILLING CODE 6720-01-P

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