Agreement for a Social Impact Partnership Project, 67120-67122 [2021-25600]

Download as PDF khammond on DSKJM1Z7X2PROD with NOTICES 67120 Federal Register / Vol. 86, No. 224 / Wednesday, November 24, 2021 / Notices Description: On March 11, 2021, the President signed the American Rescue Plan Act of 2021 (the ‘‘Act’’), Public Law 117–2. Title III, Subtitle B, Section 3206 of the Act established the Homeowner Assistance Fund and provides $9.961 billion for the U.S. Department of the Treasury (Treasury) to make payments to States (defined to include the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, Northern Mariana Islands, and American Samoa), Indian tribes or Tribally Designated Housing Entities, as applicable, and the Department of Hawaiian Home Lands (collectively the ‘‘eligible entities’’) to mitigate financial hardships associated with the coronavirus pandemic, including for the purposes of preventing homeowner mortgage delinquencies, defaults, foreclosures, loss of utilities or home energy services, and displacements of homeowners experiencing financial hardship after January 21, 2020, through qualified expenses related to mortgages and housing. Forms: Award and Payment Forms, Title VI Assurance Form, Grantee Templates and Term Sheets. Affected Public: State and Tribal Governments. Estimated Number of Respondents: 651. Frequency of Response: Once. Estimated Total Number of Annual Responses: 3,906. Estimated Time per Response: 15 minutes to 2 hours. Estimated Total Annual Burden Hours: 2,768. 3. Title: Emergency Rental Assistance Program (ERA2). OMB Control Number: 1505–0270. Type of Review: Extension of a currently approved collection. Description: On March 11, 2021, the President signed the American Rescue Plan Act of 2021 (the ‘‘Act’’), Public Law 117–2. Title III, Subtitle B, Section 3201 of the Act authorized the Emergency Assistance (ERA 2) program and provides $21.55 billion for the U.S. Department of the Treasury (Treasury) to make payments to States (defined to include the District of Columbia), U.S. Territories (Puerto Rico, U.S. Virgin Islands, Guam, Northern Mariana Islands, and American Samoa), and certain local governments with more than 200,000 residents (collectively the ‘‘eligible grantees’’) to provide financial assistance and housing stability services to eligible households, and cover the costs for other affordable rental housing and eviction prevention activities for eligible households. VerDate Sep<11>2014 17:05 Nov 23, 2021 Jkt 256001 Forms: Awards and Payment Forms, Title VI Assurance Form, Compliance Reporting Forms. Affected Public: State, Territorial and certain Local Governments. Estimated Number of Respondents: 2,680. Frequency of Response: Once, Monthly, Quarterly. Estimated Total Number of Annual Responses: 4,560. Estimated Time per Response: 15 minutes for award and payment forms, 30 minutes for Title VI Assurances, 1 hour to 30 hours for compliance reporting. Estimated Total Annual Burden Hours: 46,973. Authority: 44 U.S.C. 3501 et seq. Dated: November 19, 2021. Molly Stasko, Treasury PRA Clearance Officer. [FR Doc. 2021–25713 Filed 11–23–21; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Office of Foreign Assets Control Rough Diamonds Control Regulations Departmental Offices, U.S. Department of the Treasury. ACTION: Notice and request for comments. AGENCY: The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. The public is invited to submit comments on this request. DATES: Comments must be received on or before December 27, 2021 to be assured of consideration. ADDRESSES: 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 information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. SUMMARY: FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. PO 00000 Frm 00102 Fmt 4703 Sfmt 4703 SUPPLEMENTARY INFORMATION: Title: Rough Diamonds Control Regulations. OMB Control Number: 1505–0198. Type of Review: Extension of a currently approved collection. Description: The collections of information are contained in section 592.301(a)(3) of OFAC’s Rough Diamonds Control Regulations. The person identified as the ultimate consignee on the Customs Form 7501 Entry Summary, or its electronic equivalent, is required to report that person’s receipt of a shipment of rough diamonds to the relevant foreign exporting authority within 15 calendar days of the date that the shipment arrived at the U.S. port of entry. Forms: Section 592.301(a)(3) of the Rough Diamonds Control Regulations states that the report filed by the ultimate consignee need not be in any particular form and may be submitted electronically or by mail or courier. Affected Public: Business organizations and individuals engaged in the international diamond trade. Estimated Number of Respondents: 66. Frequency of Response: The estimated annual frequency of responses is approximately 7 per respondent, based on average transaction volume. Estimated Total Number of Annual Responses: 467. Estimated Time per Response: 10 minutes. Estimated Total Annual Burden Hours: 78. Authority: 44 U.S.C. 3501 et seq. Dated: November 19, 2021. Molly Stasko, Treasury PRA Clearance Officer. [FR Doc. 2021–25676 Filed 11–23–21; 8:45 am] BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Agreement for a Social Impact Partnership Project Department of the Treasury. Notice. AGENCY: ACTION: In accordance with the Social Impact Partnerships to Pay for Results Act (‘‘SIPPRA’’), the U.S. Department of the Treasury (‘‘Treasury’’) and City and County of Denver (‘‘Denver’’) have entered into an agreement for a social impact partnership project (the ‘‘Project Grant Agreement’’). The SIPPRA program makes funding available to state and local governments for pay-forresults social impact partnership projects. SIPPRA projects may seek to improve a variety of social problems, SUMMARY: E:\FR\FM\24NON1.SGM 24NON1 Federal Register / Vol. 86, No. 224 / Wednesday, November 24, 2021 / Notices khammond on DSKJM1Z7X2PROD with NOTICES including increasing employment, wages, and financial stability for lowincome families; improving family health and housing; and reducing recidivism. SUPPLEMENTARY INFORMATION: The Project Grant Agreement contains the following features: (1) The outcome goals of the social impact partnership project: The Denver Housing to Health (‘‘H2H’’) Pay for Success Project Denver proposes the following intermediate outcomes: Increased housing stability; decreased police contacts; and increased access to health services. Denver also proposes the following long-term outcomes: Improved health; increased access to health services (resulting in decreased visits to detoxification centers and decreased avoidable emergency room and hospital visits); and decreased criminal justice involvement. Overall, the project objective is to reduce the Medicaid and Medicare expenditures of the target population. (2) A description of each intervention in the project: Two service providers, the Colorado Coalition for the Homeless (‘‘CCH’’) and the Mental Health Center of Denver (‘‘MHCD’’) will deliver permanent supportive housing, modified assertive community treatment (‘‘ACT’’) and case management to 125 participants. • Permanent Supportive Housing is an evidence-based intervention that provides housing plus intensive case management and connects clients with community services, including primary health care. • Modified Assertive Community Treatment consists of a multidisciplinary team that strives to meet behavioral health and other needs of clients in order to maximize opportunities for recovery. Among the primary benefits of ACT is its ability to have multiple perspectives for treatment planning and assessment, ongoing collaboration, and planning and evaluation, with the client being an active member of the team. • Case Management includes evidence-based motivational interviewing and trauma-informed care to assist participants in engaging and connecting with integrated health services, as deemed clinically appropriate and fitting the clients’ 67121 needs. This approach is designed to help improve health outcomes, address barriers to housing stability, manage mental illness and reduce interaction with the criminal justice system. (3) The target population that will be served by the project: H2H will target individuals who are chronically homeless, have a record of at least eight arrests over the past three years in Denver County, and are at high risk for avoidable and high-cost health services paid through Medicaid. (4) The expected social benefits to participants who receive the intervention and others who may be impacted: H2H is expected to help individuals improve their health outcomes, break the cycle of jail and homelessness, and save taxpayer dollars on the cost of health care in jail and in the community. (5) The detailed roles, responsibilities, and purposes of each Federal, State, or local government entity, intermediary, service provider, independent evaluator, investor, or other stakeholder: H2H role Partner Responsibilities Lead applicant/Local government. Intermediary ......................... City of Denver ................................................................. Service providers ................. Colorado Coalition for the Homeless .............................. Mental Health Center of Denver ..................................... Independent evaluation ........ Urban Institute ................................................................. Pay for Success investors ... Including Northern Trust, The Denver Foundation ......... There has been significant investor interest, and project partners intend to add investors if the project receives SIPPRA funding. In addition to letters of commitment from the investors named above, letters of interest and support from other investors are included as attachments. Repay investors with SIPPRA funds if performance benchmarks are met. Manage service provider performance, day-to-day operations and facilitate investor agreements and payments from the DOF to investors. Serve as project manager—providing project oversight, communicating with all parties, and providing advisory services. Provide housing. Provide supportive housing services. Deliver ACT. Establish research design. Verify that performance benchmarks are met. Measure other outcomes of interest. Provide capital to fund services. Receive principal and interest when performance benchmarks are met. A special purpose vehicle will be created by The Corporation for Supportive Housing (‘‘CSH’’). (6) The payment terms, the methodology used to calculate outcome payments, the payment schedule, and performance thresholds: The Recipient’s outcome payment will be equal to the sum of the annual difference between the treatment group’s Medicaid and Medicare expenditures and the control group’s Medicaid and Medicare expenditures over the project period. (7) The project budget: VerDate Sep<11>2014 17:05 Nov 23, 2021 Jkt 256001 PROJECT BUDGET Service Delivery .................. Evaluation ............................ $13,524,300.00 1,282,800.00 Total Project Costs .......... 14,807,100.00 (8) The project timeline: The intervention will take place over seven years, beginning on April 29, 2022 and serving clients through April 28, 2029. (9) The project eligibility criteria: The eligibility criteria for H2H are that individuals must be at least 18 PO 00000 Frm 00103 Fmt 4703 Sfmt 4703 years old, have had at least eight arrests over the past three years, were experiencing homelessness at the time of their last arrest and are at high risk for avoidable and high-cost health services paid through Medicaid and Medicare. Potentially eligible clients will be referred to H2H through Denver Health and Denver Police Department (‘‘DPD’’). (10) The evaluation design: H2H’S randomized controlled trial (‘‘RCT’’) design will compare the trajectories of homeless, frequent users E:\FR\FM\24NON1.SGM 24NON1 67122 Federal Register / Vol. 86, No. 224 / Wednesday, November 24, 2021 / Notices of medical services who receive supportive housing and those who receive usual care. Because available supportive housing is not available to all of the people who need it, the limited 125 housing slots will be allocated by lottery, which is a fair way to allocate the scarce housing resources and also enables random assignment. The evaluation will track outcomes for both groups and attribute any differences to the H2H program intervention. (11) The metrics that will be used in the evaluation to determine whether the outcomes have been achieved as a result of each intervention and how these metrics will be measured: The evaluation metrics will include information on housing stability and reductions in jail days and net reductions in federal expenditures for Medicaid and Medicare claims, to be paid by SIPPRA funding if successful. The net reduction in federal expenditures will be measured as the average difference in the change over time (pre and post randomization) in the amount billed for claims between the treatment and control groups. (12) The estimate of the savings to the Federal, State, and local government, on a program-by-program basis and in the aggregate, if the agreement is entered into and implemented and the outcomes are achieved as a result of each intervention: Federal Savings: $5,512,000 City Savings: $9,235,055 Authority: Public Law 115–123, Division E, Title VIII, 42 U.S.C. 1397n– 1397n–13. Catherine Wolfram, Deputy Assistant Secretary for Climate and Energy Economics, Office of Economic Policy. [FR Doc. 2021–25600 Filed 11–23–21; 8:45 am] BILLING CODE 4810–AK–P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Community Development Financial Institutions Funds Bond Guarantee Program Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. khammond on DSKJM1Z7X2PROD with NOTICES AGENCY: The Department of the Treasury will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the SUMMARY: VerDate Sep<11>2014 17:05 Nov 23, 2021 Jkt 256001 date of publication of this notice. The public is invited to submit comments on this request. DATES: Comments must be received on or before December 27, 2021. ADDRESSES: 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. FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Molly Stasko by emailing PRA@treasury.gov, calling (202) 622– 8922, or viewing the entire information collection request at www.reginfo.gov. SUPPLEMENTARY INFORMATION: Title: Bond Guarantee Program. OMB Control Number: 1559–0044. Type of Review: Revision of a currently approved collection. Description: The purpose of the Community Development Financial Institutions (CDFI) Bond Guarantee Program (BG Program) is to support CDFI lending by providing Guarantees for Bonds issued by Qualified Issuers as part of a Bond Issue for Eligible Community or Economic Development Purposes. The BG Program provides CDFIs with a source of long-term capital and further the mission of the CDFI Fund to increase economic opportunity and promote community development investments for underserved populations and distressed communities in the United States. The CDFI Fund achieves its mission by promoting access to capital and local economic growth by investing in, supporting, and training Community Development Financial Institutions (CDFIs). In compliance with OMB Circular A– 129, the CDFI Bond Guarantee Program will collect all necessary information to manage the portfolio effectively and track progress towards policy goals and statutory and regulatory requirements. The reporting forms are necessary for the Department of the Treasury’s review and impact analysis on the current and proposed use of Bond Proceeds in underserved communities and to support the CDFI Fund in proactively managing regulatory compliance. Risk detection and mitigation are crucial activities for the long-term operation and viability of the CDFI Bond Guarantee Program. The Department of the Treasury’s authority to collect this information and the specified data collection area and parameters are consistent with the requirements PO 00000 Frm 00104 Fmt 4703 Sfmt 4703 contained in 12 CFR part 1808.101(d)(1)(2) of the CDFI Bond Guarantee Program Interim Rule. Forms: Qualified Issuer Application, Guarantee Application, Secondary Loan Requirements Certification, Secondary Loan Commitment Form, Financial Condition Monitoring Report, Pledged Loan Monitoring Report, Tertiary Loan Monitoring Report, and Annual Assessment Report. Affected Public: Businesses or other for-profits, and Not-for-profit institutions. Estimated Number of Respondents: 90. Frequency of Response: On occasion for applications, Annually for reports. Estimated Total Number of Annual Responses: 990. Estimated Time per Response: 92.222 hours for applications, 1.66–2 hours for reports. Estimated Total Annual Burden Hours: 9,873. Authority: 44 U.S.C. 3501 et seq. Dated: November 18, 2021. Molly Stasko, Treasury PRA Clearance Officer. [FR Doc. 2021–25660 Filed 11–23–21; 8:45 am] BILLING CODE 4810–70–P DEPARTMENT OF VETERANS AFFAIRS [OMB Control No. 2900–0783] Agency Information Collection Activity Under OMB Review: Nonprofit Research and Education Corporations (NPCs)—Annual Report, Remediation Plans & Assessment Questionnaires Veterans Health Administration, Department of Veterans Affairs. ACTION: Notice. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995, this notice announces that the Veterans Health Administration, Department of Veterans Affairs, will submit the collection of information abstracted below to the Office of Management and Budget (OMB) for review and comment. The PRA submission describes the nature of the information collection and its expected cost and burden and it includes the actual data collection instrument. DATES: 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 SUMMARY: E:\FR\FM\24NON1.SGM 24NON1

Agencies

[Federal Register Volume 86, Number 224 (Wednesday, November 24, 2021)]
[Notices]
[Pages 67120-67122]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-25600]


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

DEPARTMENT OF THE TREASURY


Agreement for a Social Impact Partnership Project

AGENCY: Department of the Treasury.

ACTION: Notice.

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

SUMMARY: In accordance with the Social Impact Partnerships to Pay for 
Results Act (``SIPPRA''), the U.S. Department of the Treasury 
(``Treasury'') and City and County of Denver (``Denver'') have entered 
into an agreement for a social impact partnership project (the 
``Project Grant Agreement''). The SIPPRA program makes funding 
available to state and local governments for pay-for-results social 
impact partnership projects. SIPPRA projects may seek to improve a 
variety of social problems,

[[Page 67121]]

including increasing employment, wages, and financial stability for 
low-income families; improving family health and housing; and reducing 
recidivism.

SUPPLEMENTARY INFORMATION: The Project Grant Agreement contains the 
following features:
    (1) The outcome goals of the social impact partnership project:
    The Denver Housing to Health (``H2H'') Pay for Success Project 
Denver proposes the following intermediate outcomes: Increased housing 
stability; decreased police contacts; and increased access to health 
services. Denver also proposes the following long-term outcomes: 
Improved health; increased access to health services (resulting in 
decreased visits to detoxification centers and decreased avoidable 
emergency room and hospital visits); and decreased criminal justice 
involvement. Overall, the project objective is to reduce the Medicaid 
and Medicare expenditures of the target population.
    (2) A description of each intervention in the project:
    Two service providers, the Colorado Coalition for the Homeless 
(``CCH'') and the Mental Health Center of Denver (``MHCD'') will 
deliver permanent supportive housing, modified assertive community 
treatment (``ACT'') and case management to 125 participants.
     Permanent Supportive Housing is an evidence-based 
intervention that provides housing plus intensive case management and 
connects clients with community services, including primary health 
care.
     Modified Assertive Community Treatment consists of a 
multidisciplinary team that strives to meet behavioral health and other 
needs of clients in order to maximize opportunities for recovery. Among 
the primary benefits of ACT is its ability to have multiple 
perspectives for treatment planning and assessment, ongoing 
collaboration, and planning and evaluation, with the client being an 
active member of the team.
     Case Management includes evidence-based motivational 
interviewing and trauma-informed care to assist participants in 
engaging and connecting with integrated health services, as deemed 
clinically appropriate and fitting the clients' needs. This approach is 
designed to help improve health outcomes, address barriers to housing 
stability, manage mental illness and reduce interaction with the 
criminal justice system.
    (3) The target population that will be served by the project:
    H2H will target individuals who are chronically homeless, have a 
record of at least eight arrests over the past three years in Denver 
County, and are at high risk for avoidable and high-cost health 
services paid through Medicaid.
    (4) The expected social benefits to participants who receive the 
intervention and others who may be impacted:
    H2H is expected to help individuals improve their health outcomes, 
break the cycle of jail and homelessness, and save taxpayer dollars on 
the cost of health care in jail and in the community.
    (5) The detailed roles, responsibilities, and purposes of each 
Federal, State, or local government entity, intermediary, service 
provider, independent evaluator, investor, or other stakeholder:

------------------------------------------------------------------------
          H2H role                   Partner          Responsibilities
------------------------------------------------------------------------
Lead applicant/Local          City of Denver......  Repay investors with
 government.                                         SIPPRA funds if
                                                     performance
                                                     benchmarks are met.
Intermediary................  A special purpose     Manage service
                               vehicle will be       provider
                               created by The        performance, day-to-
                               Corporation for       day operations and
                               Supportive Housing    facilitate investor
                               (``CSH'').            agreements and
                                                     payments from the
                                                     DOF to investors.
                                                    Serve as project
                                                     manager--providing
                                                     project oversight,
                                                     communicating with
                                                     all parties, and
                                                     providing advisory
                                                     services.
Service providers...........  Colorado Coalition    Provide housing.
                               for the Homeless.
                              Mental Health Center  Provide supportive
                               of Denver.            housing services.
                                                    Deliver ACT.
Independent evaluation......  Urban Institute.....  Establish research
                                                     design.
                                                    Verify that
                                                     performance
                                                     benchmarks are met.
                                                    Measure other
                                                     outcomes of
                                                     interest.
Pay for Success investors...  Including Northern    Provide capital to
                               Trust, The Denver     fund services.
                               Foundation.
                              There has been        Receive principal
                               significant           and interest when
                               investor interest,    performance
                               and project           benchmarks are met.
                               partners intend to
                               add investors if
                               the project
                               receives SIPPRA
                               funding. In
                               addition to letters
                               of commitment from
                               the investors named
                               above, letters of
                               interest and
                               support from other
                               investors are
                               included as
                               attachments.
------------------------------------------------------------------------

    (6) The payment terms, the methodology used to calculate outcome 
payments, the payment schedule, and performance thresholds:
    The Recipient's outcome payment will be equal to the sum of the 
annual difference between the treatment group's Medicaid and Medicare 
expenditures and the control group's Medicaid and Medicare expenditures 
over the project period.
    (7) The project budget:

                             Project Budget
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Service Delivery..................................        $13,524,300.00
Evaluation........................................          1,282,800.00
                                                   ---------------------
  Total Project Costs.............................         14,807,100.00
------------------------------------------------------------------------

    (8) The project timeline:
    The intervention will take place over seven years, beginning on 
April 29, 2022 and serving clients through April 28, 2029.
    (9) The project eligibility criteria:
    The eligibility criteria for H2H are that individuals must be at 
least 18 years old, have had at least eight arrests over the past three 
years, were experiencing homelessness at the time of their last arrest 
and are at high risk for avoidable and high-cost health services paid 
through Medicaid and Medicare. Potentially eligible clients will be 
referred to H2H through Denver Health and Denver Police Department 
(``DPD'').
    (10) The evaluation design:
    H2H'S randomized controlled trial (``RCT'') design will compare the 
trajectories of homeless, frequent users

[[Page 67122]]

of medical services who receive supportive housing and those who 
receive usual care. Because available supportive housing is not 
available to all of the people who need it, the limited 125 housing 
slots will be allocated by lottery, which is a fair way to allocate the 
scarce housing resources and also enables random assignment. The 
evaluation will track outcomes for both groups and attribute any 
differences to the H2H program intervention.
    (11) The metrics that will be used in the evaluation to determine 
whether the outcomes have been achieved as a result of each 
intervention and how these metrics will be measured:
    The evaluation metrics will include information on housing 
stability and reductions in jail days and net reductions in federal 
expenditures for Medicaid and Medicare claims, to be paid by SIPPRA 
funding if successful. The net reduction in federal expenditures will 
be measured as the average difference in the change over time (pre and 
post randomization) in the amount billed for claims between the 
treatment and control groups.
    (12) The estimate of the savings to the Federal, State, and local 
government, on a program-by-program basis and in the aggregate, if the 
agreement is entered into and implemented and the outcomes are achieved 
as a result of each intervention:

Federal Savings: $5,512,000
City Savings: $9,235,055

    Authority: Public Law 115-123, Division E, Title VIII, 42 U.S.C. 
1397n-1397n-13.

Catherine Wolfram,
Deputy Assistant Secretary for Climate and Energy Economics, Office of 
Economic Policy.
[FR Doc. 2021-25600 Filed 11-23-21; 8:45 am]
BILLING CODE 4810-AK-P
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