Notice of Information Collection and Request for Public Comment, 54787-54789 [2021-21433]

Download as PDF Federal Register / Vol. 86, No. 189 / Monday, October 4, 2021 / Notices disclosure. If your comments in response to this notice contain commercial or financial information that is customarily treated as private, that you actually treat as private, and that is relevant or responsive to this notice, it is important that you clearly designate the submitted comments as CBI. Pursuant to 49 CFR 190.343, you may ask PHMSA to provide confidential treatment to information you give to the agency by taking the following steps: (1) Mark each page of the original document submission containing CBI as ‘‘Confidential;’’ (2) send PHMSA a copy of the original document with the CBI deleted along with the original, unaltered document; and (3) explain why the information you are submitting is CBI. Submissions containing CBI should be sent to Tewabe Asebe, DOT, PHMSA, 1200 New Jersey Avenue SE, PHP–30, Washington, DC 20590–0001. Also, submission containing CBI can be emailed to Tewabe Asebe by encrypted email at tewabe.asebe@dot.gov. Any commentary PHMSA receives that is not specifically designated as CBI will be placed in the public docket. • Docket: For access to the docket or to read background documents or comments, go to https:// www.regulations.gov. Follow the online instructions for accessing the dockets. Alternatively, this information is available by visiting DOT at 1200 New Jersey Avenue SE, West Building: Room W12–140, Washington, DC 20590–0001, between 9:00 a.m. and 5:00 p.m. ET Monday through Friday, except federal holidays. FOR FURTHER INFORMATION CONTACT: Tewabe Asebe, Office of Pipeline Safety, by phone at 202–366–5523 or by email at tewabe.asebe@dot.gov. SUPPLEMENTARY INFORMATION: I. Meeting Agenda On October 20, 2021, the GPAC and LPAC will meet to discuss a variety of policy issues and topics relevant to both gas and liquid pipeline safety. On October 21, 2021, the GPAC and LPAC will meet to discuss the NPRM titled: ‘‘Periodic Updates of Regulatory References to Technical Standards and Miscellaneous Amendments’’ that PHMSA published in the Federal Register on January 15, 2021, (86 FR 3938). Comments that have been submitted on the NPRM can be found on https://regulations.gov in Docket No. PHMSA–2016–0002. The GPAC and LPAC will review the NPRM and its associated regulatory analysis. PHMSA will post additional details on the meeting website in advance of the meeting. VerDate Sep<11>2014 22:52 Oct 01, 2021 Jkt 256001 In the NPRM, PHMSA proposed to revise the Federal Pipeline Safety Regulations by updating over 25 consensus standards that are currently incorporated by reference. PHMSA also proposed to make non-substantive corrections to clarify regulatory language in certain provisions. The proposed editorial changes are minor and would not require pipeline operators to undertake new pipeline safety initiatives. II. Background The GPAC and LPAC are statutorily mandated advisory committees that provide PHMSA and the Secretary of Transportation with recommendations on proposed standards for the transportation of natural gas or hazardous liquids by pipeline. These committees were established in accordance with 49 U.S.C. 60115 and the Federal Advisory Committee Act, as amended (5 U.S.C. App. 2), to review PHMSA’s regulatory initiatives and determine their technical feasibility, reasonableness, cost-effectiveness, and practicability. Each committee consists of 15 members, with membership evenly divided among federal and state governments, regulated industry, and the general public. III. Public Participation The meeting will be open to the public. Members of the public who wish to virtually attend must register on the meeting website and include their names and affiliations. PHMSA will provide members of the public with opportunities to make a statement during the course of this meeting. Additionally, PHMSA will record the meeting and post a record to the public docket. PHMSA is committed to providing all participants with equal access to this meeting. If you need an accommodation because of a disability, please contact Tewabe Asebe by phone at 202–366–5523 or by email at tewabe.asebe@dot.gov. PHMSA is not always able to publish a notice in the Federal Register quickly enough to provide timely notice regarding last-minute issues that impact a previously announced advisory committee meeting. Therefore, individuals should check the meeting website or contact Tewabe Asebe regarding any possible changes. Issued in Washington, DC, on September 28, 2021, under authority delegated in 49 CFR 1.97. Alan K. Mayberry, Associate Administrator for Pipeline Safety. [FR Doc. 2021–21477 Filed 10–1–21; 8:45 am] BILLING CODE 4910–60–P PO 00000 Frm 00115 Fmt 4703 Sfmt 4703 54787 DEPARTMENT OF THE TREASURY Community Development Financial Institutions Fund Notice of Information Collection and Request for Public Comment Notice and request for public comment. ACTION: The U.S. Department of the Treasury, as part of a 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 (PRA) of 1995, 44 U.S.C. 3506(c)(2)(A). Currently, the Community Development Financial Institutions Fund (CDFI Fund), Department of the Treasury, is soliciting comments concerning the Small Dollar Loan Program (SDL Program) Application (Application). The Application is an online form submitted through the CDFI Fund’s Award Management Information System (AMIS). SUMMARY: Written comments must be received on or before December 3, 2021, to be assured of consideration. ADDRESSES: Submit your comments via email to Tanya McInnis, Program Manager for the Depository Institutions Initiatives, CDFI Fund at sdlp@ cdfi.treas.gov. DATES: FOR FURTHER INFORMATION CONTACT: Tanya McInnis, SDL Program, Program Manager, CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220, (202) 653–0241 (not a toll-free number). Other information regarding the CDFI Fund and its programs may be obtained on the CDFI Fund website at https:// www.cdfifund.gov. The SDL Program Application Template, which presents the questions that will comprise the online Application, may be obtained from the SDL Program page of the CDFI Fund website at https:// www.cdfifund.gov/sdlp. SUPPLEMENTARY INFORMATION: Title: Small Dollar Loan Program Application. OMB Number: 1559–0051. Abstract: The Small Dollar Loan Program (SDL Program) is a new program, authorized by Title XII— Improving Access to Mainstream Financial Institutions Act of the DoddFrank Wall Street Reform and Consumer Protection Act of 2010 (Pub. L. 111– 203), which amended The Community Development Banking and Financial E:\FR\FM\04OCN1.SGM 04OCN1 54788 Federal Register / Vol. 86, No. 189 / Monday, October 4, 2021 / Notices Institutions Act of 1994 to include the Small Dollar Loan Program (12 U.S.C. 4719). Through the SDL Program, the CDFI Fund provides grants for loan loss reserves and technical assistance to enable award recipients to establish and maintain small dollar loan programs to address the issues of expanding consumer access to mainstream financial institutions and providing alternatives to high-cost small dollar loans. The SDL Program is also intended to enable award recipients to help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. Through the SDL Program, the CDFI Fund will provide: Grants for Loan Loss Reserves (LLR): The awards will enable a Certified Community Development Financial Institution (CDFI) to establish a loan loss reserve fund in order to defray the costs of establishing or maintaining a small dollar loan program. Grants for Technical Assistance (TA): The awards will support technology, staff support, and other eligible activities to enable a Certified CDFI to establish and maintain a small dollar loan program. SDL Program Award Recipients are selected through a competitive process involving a careful review of their Application for program funding. The Application requires the submission of numeric data and narrative responses for two parts: Part 1: Business Strategy and Community Impact and Part 2: Organization Capacity, including Financial Analysis and Compliance Risk Evaluation. The Award selection process is described in the Notice of Funds Availability (NOFA) for each funding round. This request for public comment relates to the SDL Program Application Form under OMB control number 1559– 0051. Capitalized terms not defined in this Notice (other than titles) have the meaning set forth in the fiscal year (FY) 2021 SDL Program NOFA. Estimated Number of Respondents: 100 (Application). Estimated Annual Time per Respondent: 68 hours (Application). Estimated Annual Burden Hours: 5,493 hours (Application). Request 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 website at https://www.cdfifund.gov. The CDFI Fund is seeking input on the content of the Application with VerDate Sep<11>2014 22:52 Oct 01, 2021 Jkt 256001 regard to the following: (a) Whether the collection of information as proposed is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility in evaluating Applications; (b) the accuracy of the agency’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 information on respondents, including through the use of technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance and purchase of services required to provide information. Additionally, the CDFI Fund specifically requests comments concerning the following questions: 1. What, if any, Application questions and tables are redundant or unnecessary? 2. What, if any, questions or tables should be added to ensure collection of relevant information? 3. Does the data and information requested in the Application allow an Applicant to adequately explain its business strategy, community impact and ability to meet the program objectives? 4. In the FY 2021 SDL Program Application, the CDFI Fund stated that LLR Awards may be made in amounts up to 20% of the Applicant’s three-year projected total of Small Dollar Loans closed, not to exceed $350,000. Is the 20% cap too high or too low? If so, please describe and justify. 5. The FY 2021 SDL Program Application states that the Awards will not be made to organizations that engage in the Prohibited Practices listed in the NOFA. Are the Prohibited Practices reasonable? Should any of the listed Prohibited Practices be modified or removed? Are there Prohibited Practices that should be added to the list? Please describe and justify your responses to these sub-questions. 6. The CDFI Fund will prioritize funding for Applications that propose to offer small dollar loan programs that include any of the following prioritized lending practices and characteristics: (i) Offer small dollar loan terms that are at least ninety (90) days; (ii) use ability to repay underwriting that considers the borrower’s ability to repay a loan based on both the borrower’s income and expenses; (iii) make loan decisions within one business day (or twenty-four (24) hours) after receipt of required documents; (iv) offer a reduction in the borrower’s loan rate if the borrower elects to use automatic debit payments; PO 00000 Frm 00116 Fmt 4703 Sfmt 4703 (v) offer automatic savings features that are built into the regularly-scheduled payments on a loan—provided that the resulting payment is still affordable—or, at a minimum, loans that can be structured so that, subject to the borrower’s consent, payments continue for a period of time after the loan is repaid with all of the payments going into a savings vehicle; and (vi) offer access to financial education, including credit counseling. Are the prioritized lending practices and characteristics reasonable? Should any of the listed prioritized lending practices and characteristics be modified or removed? Are there prioritized lending practices and characteristics that should be added to the list? Please describe and justify your responses to these sub-questions. 7. Are any of the questions particularly burdensome or difficult to answer? If so, please be specific as to the type of CDFI (e.g., regulated, non-profit) that finds it difficult. 8. Are the character limitations for narrative responses appropriate? Should certain questions allow additional or fewer characters? If so, please specify. 9. Are there questions that lack clarity as to intent or purpose? If so, which questions, and what needs to be clarified in order for Applicants to provide a comprehensive response? 10. The Application includes questions about the intended impact of an Applicant’s small dollar lending strategy. (a) How should the CDFI Fund assess the impact of SDL Program Awards on Low-Income Families and communities? (b) The CDFI Fund has identified a set of impacts for Applicants to choose in the Application (see FY 2021 SDL Program Application Question 7. (c). Are the current impact choices sufficiently comprehensive? Are there impacts that should be added or modified? 11. The statute governing the SDL Program states that there are three eligible Applicant types. Per the Statute, Applicants can be either (a) a Certified CDFI that applies individually for an LLR Award or for a TA Award or for a combination of an LLR Award and TA Award; or (b) a Certified CDFI that applies as a partnership with a federally insured depository institution that has a primary mission to serve targeted Investment Areas (FIDI) for an LLR Award or (c) a Certified CDFI that applies as a partnership with two or more Certified CDFIs for a TA Award. The CDFI Fund has two questions related to these different Applicant types: (i) Are additional questions or revisions to existing questions needed in the Application to further clarify and differentiate the three eligible Applicant E:\FR\FM\04OCN1.SGM 04OCN1 Federal Register / Vol. 86, No. 189 / Monday, October 4, 2021 / Notices types? If so, please describe and justify. (ii) The Application currently asks Applicants that apply as a partnership with a FIDI for an LLR Award to submit an attestation form that is signed by the FIDI that the FIDI has a mission to serve targeted Investment Areas. Should the CDFI Fund make revisions to the attestation form that the FIDI must sign? If yes, what are the revisions? Should the CDFI Fund request any other documentation that the FIDI must submit in order to demonstrate its primary mission to serve targeted Investment Areas? If so, please describe and justify. 12. In future funding rounds, new priorities may emerge, such as disaster response, an economic downturn, or new initiatives. How should the CDFI Fund address changing priorities on a round-by-round basis? What approaches would be preferred? Authority: Pub. L. 110–289, 12 CFR 1807. Jodie L. Harris, Director, Community Development Financial Institutions Fund. [FR Doc. 2021–21433 Filed 9–30–21; 8:45 am] BILLING CODE 4810–05–P DEPARTMENT OF THE TREASURY Office of the Comptroller of the Currency Agency Information Collection Activities: Information Collection Renewal; Submission for OMB Review; Appraisal Management Companies Office of the Comptroller of the Currency (OCC), Treasury. ACTION: Notice and request for comment. AGENCY: The OCC, 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 a continuing information collection as required by the Paperwork Reduction Act of 1995 (PRA). In accordance with the requirements of the PRA, the OCC may not conduct or sponsor, and the respondent is not required to respond to, an information collection unless it displays a currently valid Office of Management and Budget (OMB) control number. The OCC is soliciting comment concerning the renewal of its information collection titled, ‘‘Appraisal Management Companies.’’ The OCC also is giving notice that it has sent the collection to OMB for review. DATES: You should submit written comments by November 3, 2021. SUMMARY: VerDate Sep<11>2014 22:52 Oct 01, 2021 Jkt 256001 Commenters are encouraged to submit comments by email, if possible. You may submit comments by any of the following methods: • Email: prainfo@occ.treas.gov. • Mail: Chief Counsel’s Office, Attention: Comment Processing, 1557– 0324, Office of the Comptroller of the Currency, 400 7th Street SW, Suite 3E– 218, Washington, DC 20219. • Hand Delivery/Courier: 400 7th Street SW, Suite 3E–218, Washington, DC 20219. • Fax: (571) 465–4326. Instructions: You must include ‘‘OCC’’ as the agency name and ‘‘1557– 0324’’ in your comment. In general, the OCC will publish comments on www.reginfo.gov without change, including any business or personal information provided, such as name and address information, email addresses, or phone numbers. Comments received, including attachments and other supporting materials, are part of the public record and subject to public disclosure. Do not include any information in your comment or supporting materials that you consider confidential or inappropriate for public disclosure. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. You may review comments and other related materials that pertain to this information collection following the close of the 30-day comment period for this notice by the method set forth in the next bullet. On July 29, 2021, the OCC published a 60-day notice for this information collection, 86 FR 40898. • Viewing Comments Electronically: Go to www.reginfo.gov. Hover over the ‘‘Information Collection Review’’ tab and click on the ‘‘Information Collection Review’’ dropdown. Underneath the ‘‘Currently under Review’’ section heading, from the drop-down menu select ‘‘Department of Treasury’’ and then click ‘‘submit.’’ This information collection can be located by searching by OMB control number ‘‘1557–0324’’ or ‘‘Appraisal Management Companies.’’ Upon finding the appropriate information collection, click on the related ‘‘ICR Reference Number.’’ On the next screen, select ‘‘View Supporting Statement and Other Documents’’ and then click on the link to any comment listed at the bottom of the screen. ADDRESSES: PO 00000 Frm 00117 Fmt 4703 Sfmt 4703 54789 • For assistance in navigating www.reginfo.gov, please contact the Regulatory Information Service Center at (202) 482–7340. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance Officer, (202) 649–5490, Chief Counsel’s Office, Office of the Comptroller of the Currency, 400 7th Street SW, Suite 3E– 218, Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501–3520), Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ‘‘Collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR § 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. The OCC asks that OMB extend its approval of the information collection in this document. Title: Appraisal Management Companies. OMB Control No.: 1557–0324. Affected Public: Business or other forprofit. Type of Review: Regular review. Abstract: The OCC, Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Corporation (FDIC), National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (Bureau), and Federal Housing Finance Agency (FHFA) (collectively, Agencies) have rules implementing the minimum requirements in section 1473 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) 1 to be applied by States in the registration and supervision of appraisal management companies (AMCs). The Agencies also have implemented the requirement in section 1473 of the Dodd-Frank Act for States to report to the Appraisal Subcommittee of the Federal Financial Institutions Examination Council (ASC) the information required by the ASC to administer the new national registry of appraisal management companies (AMC National Registry or Registry). State Recordkeeping Requirements States seeking to register AMCs must have an AMC registration and supervision program. Twelve CFR 34.213(a) requires each participating State to establish and maintain within its appraiser certifying and licensing agency a licensing program with the legal authority and mechanisms to: (i) Review and approve or deny an application for initial registration; (ii) 1 Public Law 111–203, sec. 1473, 124 Stat. 1376, 2190 (2010). E:\FR\FM\04OCN1.SGM 04OCN1

Agencies

[Federal Register Volume 86, Number 189 (Monday, October 4, 2021)]
[Notices]
[Pages 54787-54789]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-21433]


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DEPARTMENT OF THE TREASURY

Community Development Financial Institutions Fund


Notice of Information Collection and Request for Public Comment

ACTION: Notice and request for public comment.

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

SUMMARY: The U.S. Department of the Treasury, as part of a 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 (PRA) of 1995, 44 U.S.C. 3506(c)(2)(A). 
Currently, the Community Development Financial Institutions Fund (CDFI 
Fund), Department of the Treasury, is soliciting comments concerning 
the Small Dollar Loan Program (SDL Program) Application (Application). 
The Application is an online form submitted through the CDFI Fund's 
Award Management Information System (AMIS).

DATES: Written comments must be received on or before December 3, 2021, 
to be assured of consideration.

ADDRESSES: Submit your comments via email to Tanya McInnis, Program 
Manager for the Depository Institutions Initiatives, CDFI Fund at 
[email protected].

FOR FURTHER INFORMATION CONTACT: Tanya McInnis, SDL Program, Program 
Manager, CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania 
Avenue NW, Washington, DC 20220, (202) 653-0241 (not a toll-free 
number). Other information regarding the CDFI Fund and its programs may 
be obtained on the CDFI Fund website at https://www.cdfifund.gov. The 
SDL Program Application Template, which presents the questions that 
will comprise the online Application, may be obtained from the SDL 
Program page of the CDFI Fund website at https://www.cdfifund.gov/sdlp.

SUPPLEMENTARY INFORMATION:
    Title: Small Dollar Loan Program Application.
    OMB Number: 1559-0051.
    Abstract: The Small Dollar Loan Program (SDL Program) is a new 
program, authorized by Title XII--Improving Access to Mainstream 
Financial Institutions Act of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act of 2010 (Pub. L. 111-203), which amended The 
Community Development Banking and Financial

[[Page 54788]]

Institutions Act of 1994 to include the Small Dollar Loan Program (12 
U.S.C. 4719). Through the SDL Program, the CDFI Fund provides grants 
for loan loss reserves and technical assistance to enable award 
recipients to establish and maintain small dollar loan programs to 
address the issues of expanding consumer access to mainstream financial 
institutions and providing alternatives to high-cost small dollar 
loans. The SDL Program is also intended to enable award recipients to 
help unbanked and underbanked populations build credit, access 
affordable capital, and allow greater access into the mainstream 
financial system.
    Through the SDL Program, the CDFI Fund will provide:
    Grants for Loan Loss Reserves (LLR): The awards will enable a 
Certified Community Development Financial Institution (CDFI) to 
establish a loan loss reserve fund in order to defray the costs of 
establishing or maintaining a small dollar loan program.
    Grants for Technical Assistance (TA): The awards will support 
technology, staff support, and other eligible activities to enable a 
Certified CDFI to establish and maintain a small dollar loan program.
    SDL Program Award Recipients are selected through a competitive 
process involving a careful review of their Application for program 
funding. The Application requires the submission of numeric data and 
narrative responses for two parts: Part 1: Business Strategy and 
Community Impact and Part 2: Organization Capacity, including Financial 
Analysis and Compliance Risk Evaluation. The Award selection process is 
described in the Notice of Funds Availability (NOFA) for each funding 
round.
    This request for public comment relates to the SDL Program 
Application Form under OMB control number 1559-0051. Capitalized terms 
not defined in this Notice (other than titles) have the meaning set 
forth in the fiscal year (FY) 2021 SDL Program NOFA.
    Estimated Number of Respondents: 100 (Application).
    Estimated Annual Time per Respondent: 68 hours (Application).
    Estimated Annual Burden Hours: 5,493 hours (Application).
    Request 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 website at https://www.cdfifund.gov.
    The CDFI Fund is seeking input on the content of the Application 
with regard to the following: (a) Whether the collection of information 
as proposed is necessary for the proper performance of the functions of 
the agency, including whether the information shall have practical 
utility in evaluating Applications; (b) the accuracy of the agency'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 
information on respondents, including through the use of technology; 
and (e) estimates of capital or start-up costs and costs of operation, 
maintenance and purchase of services required to provide information.
    Additionally, the CDFI Fund specifically requests comments 
concerning the following questions:
    1. What, if any, Application questions and tables are redundant or 
unnecessary?
    2. What, if any, questions or tables should be added to ensure 
collection of relevant information?
    3. Does the data and information requested in the Application allow 
an Applicant to adequately explain its business strategy, community 
impact and ability to meet the program objectives?
    4. In the FY 2021 SDL Program Application, the CDFI Fund stated 
that LLR Awards may be made in amounts up to 20% of the Applicant's 
three-year projected total of Small Dollar Loans closed, not to exceed 
$350,000. Is the 20% cap too high or too low? If so, please describe 
and justify.
    5. The FY 2021 SDL Program Application states that the Awards will 
not be made to organizations that engage in the Prohibited Practices 
listed in the NOFA. Are the Prohibited Practices reasonable? Should any 
of the listed Prohibited Practices be modified or removed? Are there 
Prohibited Practices that should be added to the list? Please describe 
and justify your responses to these sub-questions.
    6. The CDFI Fund will prioritize funding for Applications that 
propose to offer small dollar loan programs that include any of the 
following prioritized lending practices and characteristics: (i) Offer 
small dollar loan terms that are at least ninety (90) days; (ii) use 
ability to repay underwriting that considers the borrower's ability to 
repay a loan based on both the borrower's income and expenses; (iii) 
make loan decisions within one business day (or twenty-four (24) hours) 
after receipt of required documents; (iv) offer a reduction in the 
borrower's loan rate if the borrower elects to use automatic debit 
payments; (v) offer automatic savings features that are built into the 
regularly-scheduled payments on a loan--provided that the resulting 
payment is still affordable--or, at a minimum, loans that can be 
structured so that, subject to the borrower's consent, payments 
continue for a period of time after the loan is repaid with all of the 
payments going into a savings vehicle; and (vi) offer access to 
financial education, including credit counseling. Are the prioritized 
lending practices and characteristics reasonable? Should any of the 
listed prioritized lending practices and characteristics be modified or 
removed? Are there prioritized lending practices and characteristics 
that should be added to the list? Please describe and justify your 
responses to these sub-questions.
    7. Are any of the questions particularly burdensome or difficult to 
answer? If so, please be specific as to the type of CDFI (e.g., 
regulated, non-profit) that finds it difficult.
    8. Are the character limitations for narrative responses 
appropriate? Should certain questions allow additional or fewer 
characters? If so, please specify.
    9. Are there questions that lack clarity as to intent or purpose? 
If so, which questions, and what needs to be clarified in order for 
Applicants to provide a comprehensive response?
    10. The Application includes questions about the intended impact of 
an Applicant's small dollar lending strategy. (a) How should the CDFI 
Fund assess the impact of SDL Program Awards on Low-Income Families and 
communities? (b) The CDFI Fund has identified a set of impacts for 
Applicants to choose in the Application (see FY 2021 SDL Program 
Application Question 7. (c). Are the current impact choices 
sufficiently comprehensive? Are there impacts that should be added or 
modified?
    11. The statute governing the SDL Program states that there are 
three eligible Applicant types. Per the Statute, Applicants can be 
either (a) a Certified CDFI that applies individually for an LLR Award 
or for a TA Award or for a combination of an LLR Award and TA Award; or 
(b) a Certified CDFI that applies as a partnership with a federally 
insured depository institution that has a primary mission to serve 
targeted Investment Areas (FIDI) for an LLR Award or (c) a Certified 
CDFI that applies as a partnership with two or more Certified CDFIs for 
a TA Award. The CDFI Fund has two questions related to these different 
Applicant types: (i) Are additional questions or revisions to existing 
questions needed in the Application to further clarify and 
differentiate the three eligible Applicant

[[Page 54789]]

types? If so, please describe and justify. (ii) The Application 
currently asks Applicants that apply as a partnership with a FIDI for 
an LLR Award to submit an attestation form that is signed by the FIDI 
that the FIDI has a mission to serve targeted Investment Areas. Should 
the CDFI Fund make revisions to the attestation form that the FIDI must 
sign? If yes, what are the revisions? Should the CDFI Fund request any 
other documentation that the FIDI must submit in order to demonstrate 
its primary mission to serve targeted Investment Areas? If so, please 
describe and justify.
    12. In future funding rounds, new priorities may emerge, such as 
disaster response, an economic downturn, or new initiatives. How should 
the CDFI Fund address changing priorities on a round-by-round basis? 
What approaches would be preferred?
    Authority: Pub. L. 110-289, 12 CFR 1807.

Jodie L. Harris,
Director, Community Development Financial Institutions Fund.
[FR Doc. 2021-21433 Filed 9-30-21; 8:45 am]
BILLING CODE 4810-05-P
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