Agency Information Collection Activities; Submission for OMB Review; Comment Request; Small Dollar Loan Program, 16089 [2022-05899]

Download as PDF Federal Register / Vol. 87, No. 54 / Monday, March 21, 2022 / Notices Dated: March 15, 2022. Andrea M. Gacki, Director, Office of Foreign Assets Control, U.S. Department of the Treasury. [FR Doc. 2022–05858 Filed 3–18–22; 8:45 am] BILLING CODE 4810–AL–C DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Submission for OMB Review; Comment Request; Small Dollar Loan Program Departmental Offices, U.S. Department of the Treasury. ACTION: Notice. AGENCY: The Department of the Treasury will submit the following information collection requests to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995 (PRA), on or after the date of publication of this notice. The public is invited to submit comments on these requests. DATES: Comments should be received on or before April 20, 2022 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 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 Spencer W. Clark by emailing PRA@treasury.gov, calling (202) 927–5331, or viewing the entire information collection request at www.reginfo.gov. SUMMARY: SUPPLEMENTARY INFORMATION: khammond on DSKJM1Z7X2PROD with NOTICES Community Development Financial Institutions Fund (CDFIF) Title: Small Dollar Loan Program. OMB Control Number: 1559–0051. Type of Review: Reinstatement of a previously approved collection. Description: 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 Institutions Act of 1994 to include the Small Dollar Loan Program (12 U.S.C. VerDate Sep<11>2014 21:01 Mar 18, 2022 Jkt 256001 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. Form: None. Affected Public: Not-for profit institutions; business or other forprofits. Estimated Number of Respondents: 50. Frequency of Response: Once. Estimated Total Number of Annual Responses: 50. Estimated Time per Response: 15 hours. Estimated Total Annual Burden Hours: 750 hours. Authority: 44 U.S.C. 3501 et seq. Spencer W. Clark, Treasury PRA Clearance Officer. [FR Doc. 2022–05899 Filed 3–18–22; 8:45 am] BILLING CODE 4810–70–P PO 00000 Frm 00182 Fmt 4703 Sfmt 4703 16089 DEPARTMENT OF VETERANS AFFAIRS Solicitation of Nominations for Appointment to the Veterans and Community Oversight and Engagement Board ACTION: Notice The Department of Veterans Affairs (VA) is seeking nominations of qualified candidates to be considered for appointment as a member of the Veterans and Community Oversight and Engagement Board (herein-after referred in this section to as ‘‘the Board’’) for the VA West Los Angeles Campus in Los Angeles, CA (‘‘Campus’’) for the 2022 membership cycle. DATES: Nominations for membership on the Board must be received no later than 5:00 p.m. EST on April 21, 2022. ADDRESSES: All nominations should be mailed to the Veterans Experience Office, Department of Veterans Affairs, 810 Vermont Avenue NW (30), Washington, DC 20420; or sent electronically to the Advisory Committee Management Office mailbox at vaadvisorycmte@va.gov. FOR FURTHER INFORMATION CONTACT: Eugene W. Skinner Jr., Designated Federal Officer, Veterans Experience Office, Department of Veterans Affairs, 810 Vermont Avenue NW (30), Washington, DC 20420, telephone 202– 631–7645 or via email at Eugene.Skinner@va.gov. SUPPLEMENTARY INFORMATION: In carrying out the duties set forth in the West LA Leasing Act, the Board shall: (1) Provide the community with opportunities to collaborate and communicate by conducting public forums; and (2) Focus on local issues regarding the Department that are identified by the community with respect to health care, implementation of the Master Plan, and any subsequent plans, benefits, and memorial services at the Campus. Information on the Master Plan can be found at https://www.losangeles.va.gov/ masterplan/. Authority: The Board is a statutory committee established as required by Section 2(i) of the West Los Angeles Leasing Act of 2016, Public Law 114– 226 (the West LA Leasing Act). The Board operates in accordance with the provisions of the Federal Advisory Committee Act (FACA), as amended, 5 U.S.C. App. 2. The Board is established to coordinate locally with the Department of Veterans Affairs to identify the goals of the community and Veteran partnership; provide advice and SUMMARY: E:\FR\FM\21MRN1.SGM 21MRN1

Agencies

[Federal Register Volume 87, Number 54 (Monday, March 21, 2022)]
[Notices]
[Page 16089]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-05899]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Small Dollar Loan Program

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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

SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995 (PRA), on or after the date of publication of 
this notice. The public is invited to submit comments on these 
requests.

DATES: Comments should be received on or before April 20, 2022 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 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 Spencer W. Clark by emailing [email protected], calling 
(202) 927-5331, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Community Development Financial Institutions Fund (CDFIF)

    Title: Small Dollar Loan Program.
    OMB Control Number: 1559-0051.
    Type of Review: Reinstatement of a previously approved collection.
    Description: 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 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.
    Form: None.
    Affected Public: Not-for profit institutions; business or other 
for-profits.
    Estimated Number of Respondents: 50.
    Frequency of Response: Once.
    Estimated Total Number of Annual Responses: 50.
    Estimated Time per Response: 15 hours.
    Estimated Total Annual Burden Hours: 750 hours.
    Authority: 44 U.S.C. 3501 et seq.

Spencer W. Clark,
Treasury PRA Clearance Officer.
[FR Doc. 2022-05899 Filed 3-18-22; 8:45 am]
BILLING CODE 4810-70-P
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