Office of Domestic Finance; Small Business, Community Development and Affordable Housing Policy; Small Business Lending Fund; Proposed Collection; Comment Request, 42831-42832 [2012-17584]

Download as PDF Federal Register / Vol. 77, No. 140 / Friday, July 20, 2012 / Notices Development, Federal Emergency Management Agency, or other Federal officials (See 23 CFR 774.5(d)). These Federal agencies may have regulatory authority or other requirements for converting land to a different use. These requirements are independent of the Section 4(f) requirements and must be satisfied during the project development process. [FR Doc. 2012–17461 Filed 7–19–12; 8:45 am] BILLING CODE 4910–22–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. MCF 21046] Professional Transportation, Inc.— Asset Acquisition—CUSA ES, LLC and CUSA CSS, LLC Surface Transportation Board, Department of Transportation. ACTION: Correction to Notice of Finance Application. AGENCY: On June 29, 2012, notice of the above finance application was served and published in the Federal Register (77 FR 38884–85). The notice contained an omission in the address paragraph. The second sentence of the address paragraph should read as follows: ‘‘In addition, send copies of comments to the parties’ representatives: Andrew K. Light, Scopelitis, Garvin, Light, Hanson & Feary, P.C., 10 W. Market Street, Suite 1500, Indianapolis, IN 46204, and Larry C. Tomlin, Krieg DeVault LLP, One Indiana Square, Suite 2800, Indianapolis, IN 46204.’’ All other information in the notice is correct. Board decisions and notices are available on our Web site at ‘‘WWW.STB.DOT.GOV.’’ Decided: July 16, 2012. By the Board. Rachel D. Campbell, Director, Office of Proceedings. Raina S. White, Clearance Clerk. [FR Doc. 2012–17596 Filed 7–19–12; 8:45 am] BILLING CODE 4915–01–P mstockstill on DSK4VPTVN1PROD with NOTICES DEPARTMENT OF TREASURY Office of Domestic Finance; Small Business, Community Development and Affordable Housing Policy; Small Business Lending Fund; Proposed Collection; Comment Request Notice and request for comments. ACTION: VerDate Mar<15>2010 18:18 Jul 19, 2012 Jkt 226001 The Department of Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Small Business Lending Fund (SBLF) within the Department of Treasury is soliciting comments concerning the Small Business Lending Survey it proposes to administer to participants in the SBLF. DATES: Written comments should be received on or before August 20, 2012 to be assured of consideration. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestion for reducing the burden, to (1) Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for Treasury, New Executive Office Building, Room 10235, Washington, DC 20503, or email at OIRA_Submission@OMB.EOP.GOV and (2) Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 11020, Washington, DC 20220. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be directed to the Office of Domestic Finance, Small Business Lending Fund; Daniel Rourke; 1500 Pennsylvania Avenue NW., Washington, DC 20220; 202–622–0984; daniel.rourke@treasury.gov. SUPPLEMENTARY INFORMATION: Title: Lending Survey of Participants in Small Business Lending Fund Abstract: Established by the Small Business Jobs Act of 2010 (the Act), the Small Business Lending Fund (SBLF) is a dedicated investment fund that encourages lending to small businesses by providing capital to qualified community banks and community development loan funds (CDLFs) with assets of less than $10 billion. Through the SBLF, participating Main Street lenders and small businesses work together to help create jobs and promote economic growth in local communities across the nation. The Act required that all U.S. Department of the Treasury (Treasury) investments for the SBLF be made by September 27, 2011. Through the SBLF, Treasury made investments in 332 community institutions, including banks, thrifts and CDLFs. The size of the SBLF portfolio is approximately $4.03 billion (approximately $3.9 billion in 281 community banks and approximately $100 million in 51 SUMMARY: PO 00000 Frm 00140 Fmt 4703 Sfmt 4703 42831 CDLFs). To encourage small business lending, the dividend or interest rate on SBLF funding provided to banks and thrifts is reduced as these participants increase their qualified small business lending. The SBLF does not use the same standards that the Small Business Administration uses to determine what qualifies as a small business loan. For more details about the program, please visit www.treasury.gov/sblf. Treasury plans to conduct an annual lending survey with the program participants to identify the impact of the investment on lending to small businesses, consistent with the purpose of the Act to increase the availability of credit for small businesses. This survey is not required by law, but the SBLF Securities Purchase Agreement requires participants to complete a survey in a form specified by Treasury. Below is a description of the information that the SBLF Program Office is looking for to assist with the aforementioned annual lending survey. Current Actions: Treasury plans to collect information from SBLF participants about the small business lending supported by SBLF’s investment. SBLF will request information from participants on changes in small business lending capacity as a result of the SBLF investment, the amounts and volume of loans extended across different categories of small business lending attributable to the SBLF investment, and the types and extent of outreach undertaken to expand lending to small businesses in underserved communities and small businesses owned by women, minorities and veterans resulting from participation in the SBLF. Type of Review: New, nonrulemaking. Affected Public: Businesses or other for-profit, and not-for-profit institutions. Estimated Number of Respondents: All 332 SBLF Participants. Estimated Total Burden Hours: 2,656 hours. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the SBLF, including whether the information shall have a practical utility; (b) the accuracy of the SBLF’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of E:\FR\FM\20JYN1.SGM 20JYN1 42832 Federal Register / Vol. 77, No. 140 / Friday, July 20, 2012 / Notices information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: July 16, 2012. Robert Dahl, Treasury Departmental Clearance Officer. [FR Doc. 2012–17584 Filed 7–19–12; 8:45 am] BILLING CODE 4810–25–P DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Notice and request for comments. ACTION: The U.S. Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104–13 (44 U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial Institutions (CDFI) Fund, a government corporation within the Department of the Treasury, is soliciting comments concerning the ‘‘New Markets Tax Credit (NMTC) Program—Community Development Entity (CDE) Certification Application’’ (hereafter, the Application). SUMMARY: Written comments should be received on or before September 18, 2012 to be assured of consideration. ADDRESSES: Direct all comments to Robert Mulderig, Certification, Compliance Monitoring, and Evaluation Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, by email to mstockstill on DSK4VPTVN1PROD with NOTICES VerDate Mar<15>2010 18:18 Jul 19, 2012 Jkt 226001 The Application may be obtained from the CDFI Fund’s Web site at https:// www.cdfifund.gov. Requests for additional information should be directed to Christopher Stever, Associate Program Manager, Community Development Financial Institutions Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington, DC 20220, by email to ccme@cdfi.treas.gov, or by facsimile to (202) 622–7754. Please note that this is not a toll-free number. FOR FURTHER INFORMATION CONTACT: Title: New Markets Tax Credit (NMTC) Program— Community Development Entity (CDE) Certification Application. OMB Number: 1559–0014. Abstract: Title I, subtitle C, section 121 of the Community Renewal Tax Relief Act of 2000 (the Act), as enacted in the Consolidated Appropriations Act, 2001 (Pub. L. 106–554, December 21, 2000), amended the Internal Revenue Code (IRC) by adding IRC 45D and created the NMTC Program. The Department of the Treasury, through the CDFI Fund, administers the NMTC Program, which provides an incentive to investors in the form of tax credits over seven years, expected to stimulate the provision of private investment capital that, in turn, will facilitate economic and community development in lowincome communities. In order to qualify for an allocation of tax credits through the NMTC Program, an entity must be certified as a qualified Community Development Entity (CDE) and submit an allocation application to the CDFI Fund. Nonprofit entities and for-profit entities may be certified as CDEs by the CDFI Fund. In order to be certified as a CDE, an entity must be a domestic corporation or partnership, that: (1) Has a primary mission of serving or providing investment capital for lowincome communities or low-income persons; and (2) maintains accountability to residents of lowincome communities through their SUPPLEMENTARY INFORMATION: Proposed Collection; Comment Request DATES: ccme@cdfi.treas.gov, or by facsimile to (202) 622–7754. Please note that this is not a toll-free number. PO 00000 Frm 00141 Fmt 4703 Sfmt 9990 representation on any governing or advisory board of the entity. Current Actions: Currently receiving and processing CDE certification applications. Type of review: Extension. Affected Public: CDEs and entities seeking CDE certification, including business or other for-profit institutions, nonprofit entities, and State, local and Tribal entities. Estimated Number of Respondents: 300. Estimated Annual Time per Respondent: 4 hours. Estimated Total Annual Burden Hours: 1,200 hours. Requests for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget approval. All comments will become a matter of public record and may be published on the CDFI Fund’s Web site at https://www.cdfifund.gov. Comments are invited on: (1) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (2) the accuracy of the agency’s estimate of the burden of the collection of information; (3) ways to enhance the quality, utility, and clarity of the information to be collected; (4) ways to minimize the burden of the collection of information on respondents, including through the use of technology; and (5) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 CFR 1.45D–1. Dated: July 17, 2012. Dawn D. Wolfgang, Treasury PRA Clearance Officer. [FR Doc. 2012–17718 Filed 7–19–12; 8:45 am] BILLING CODE 4810–70–P E:\FR\FM\20JYN1.SGM 20JYN1

Agencies

Department of Treasury

[Federal Register Volume 77, Number 140 (Friday, July 20, 2012)]
[Notices]
[Pages 42831-42832]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-17584]


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DEPARTMENT OF TREASURY


Office of Domestic Finance; Small Business, Community Development 
and Affordable Housing Policy; Small Business Lending Fund; Proposed 
Collection; Comment Request

ACTION: Notice and request for comments.

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

SUMMARY: The Department of Treasury, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
proposed information collections, as required by the Paperwork 
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). 
Currently, the Small Business Lending Fund (SBLF) within the Department 
of Treasury is soliciting comments concerning the Small Business 
Lending Survey it proposes to administer to participants in the SBLF.

DATES: Written comments should be received on or before August 20, 2012 
to be assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestion for reducing 
the burden, to (1) Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attention: Desk Officer for Treasury, New 
Executive Office Building, Room 10235, Washington, DC 20503, or email 
at OIRA_Submission@OMB.EOP.GOV and (2) Treasury PRA Clearance Officer, 
1750 Pennsylvania Ave. NW., Suite 11020, Washington, DC 20220.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the Office of Domestic Finance, Small Business 
Lending Fund; Daniel Rourke; 1500 Pennsylvania Avenue NW., Washington, 
DC 20220; 202-622-0984; daniel.rourke@treasury.gov.

SUPPLEMENTARY INFORMATION:
    Title: Lending Survey of Participants in Small Business Lending 
Fund
    Abstract: Established by the Small Business Jobs Act of 2010 (the 
Act), the Small Business Lending Fund (SBLF) is a dedicated investment 
fund that encourages lending to small businesses by providing capital 
to qualified community banks and community development loan funds 
(CDLFs) with assets of less than $10 billion. Through the SBLF, 
participating Main Street lenders and small businesses work together to 
help create jobs and promote economic growth in local communities 
across the nation.
    The Act required that all U.S. Department of the Treasury 
(Treasury) investments for the SBLF be made by September 27, 2011. 
Through the SBLF, Treasury made investments in 332 community 
institutions, including banks, thrifts and CDLFs. The size of the SBLF 
portfolio is approximately $4.03 billion (approximately $3.9 billion in 
281 community banks and approximately $100 million in 51 CDLFs). To 
encourage small business lending, the dividend or interest rate on SBLF 
funding provided to banks and thrifts is reduced as these participants 
increase their qualified small business lending. The SBLF does not use 
the same standards that the Small Business Administration uses to 
determine what qualifies as a small business loan. For more details 
about the program, please visit www.treasury.gov/sblf.
    Treasury plans to conduct an annual lending survey with the program 
participants to identify the impact of the investment on lending to 
small businesses, consistent with the purpose of the Act to increase 
the availability of credit for small businesses. This survey is not 
required by law, but the SBLF Securities Purchase Agreement requires 
participants to complete a survey in a form specified by Treasury. 
Below is a description of the information that the SBLF Program Office 
is looking for to assist with the aforementioned annual lending survey.
    Current Actions: Treasury plans to collect information from SBLF 
participants about the small business lending supported by SBLF's 
investment. SBLF will request information from participants on changes 
in small business lending capacity as a result of the SBLF investment, 
the amounts and volume of loans extended across different categories of 
small business lending attributable to the SBLF investment, and the 
types and extent of outreach undertaken to expand lending to small 
businesses in underserved communities and small businesses owned by 
women, minorities and veterans resulting from participation in the 
SBLF.
    Type of Review: New, non-rulemaking.
    Affected Public: Businesses or other for-profit, and not-for-profit 
institutions.
    Estimated Number of Respondents: All 332 SBLF Participants.
    Estimated Total Burden Hours: 2,656 hours.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the SBLF, including whether the 
information shall have a practical utility; (b) the accuracy of the 
SBLF's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of

[[Page 42832]]

information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: July 16, 2012.
Robert Dahl,
Treasury Departmental Clearance Officer.
[FR Doc. 2012-17584 Filed 7-19-12; 8:45 am]
BILLING CODE 4810-25-P

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