Agency Information Collection Activities; Proposed Collection; Comment Request; Multiple Community Development Financial Institutions Fund (CDFI Fund) Information Collection Requests, 25072-25073 [2023-08669]
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Federal Register / Vol. 88, No. 79 / Tuesday, April 25, 2023 / Notices
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.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Internal Revenue Service (IRS)
Pietrangeli, Director, Office of Debt
Management (202) 622–1876.
Title: Form 8609, Low-Income
Housing Credit Allocation Certification;
Form 8609–A, Annual Statement for
Low-Income Housing Credit.
OMB Number: 1545–0988.
Regulation Project Number: Form
8609 and 8609–A.
Abstract: Owners of residential lowincome rental buildings are allowed a
low-income housing credit for each
qualified building over a 10-year credit
period. Form 8609 can be used to obtain
a housing credit allocation from the
housing credit agency. A separate Form
8609 must be issued for each building
in a multiple building project. Form
8609 is also used to certify certain
information. Form 8609–A is filed by a
building owner to report compliance
with the low-income housing provisions
and calculate the low-income housing
credit. Form 8609–A must be filed by
the building owner for each year of the
15-year compliance period. File one
Form 8609–A for the allocation(s) for
the acquisition of an existing building
and a separate Form 8609–A for the
allocation(s) for rehabilitation
expenditures.
Current Actions: There are no changes
to the burden previously approved by
OMB.
Type of Review: Extension of a
currently approved collection.
Affected Public: Businesses or other
for-profit organizations, not-for-profit
institutions, and farms.
Estimated Number of Responses:
33,000.
Estimated Time per Respondent: 12
Hours 58 minutes.
Estimated Total Annual Burden
Hours: 428,265.
Authority: 44 U.S.C. 3501 et seq.
In accordance with the
Federal Advisory Committee Act, as
amended with the concurrence of the
General Services Administration, the
Secretary of the Treasury is renewing
the Treasury Borrowing Advisory
Committee (the ‘‘Committee’’).
FOR FURTHER INFORMATION CONTACT:
The
purpose of the Committee is to provide
informed advice as representatives of
the financial community to the
Secretary of the Treasury and Treasury
staff, upon the Secretary of the
Treasury’s request, in carrying out
Treasury responsibilities for Federal
financing and public debt management.
The Committee meets to consider and
provide advice on special items
pertaining to immediate Treasury
funding requirements and longer-term
approaches to manage the national debt
in a cost-effective manner. The
Committee usually meets immediately
before Treasury announces each
quarter’s funding operation, although
special meetings also may be held.
Membership consists of approximately
15 to 20 representative or special
government employee members who are
appointed by Treasury. The members
are senior-level officials who are
employed by primary dealers,
institutional investors, and other major
participants in the government
securities and financial markets as well
as recognized experts in the fields of
economics and finance, financial market
analysis, or financial institutions and
markets.
The Treasury Department transmitted
copies of the Committee’s renewal
charter to the Senate Committee on
Finance, the House Committee on Ways
and Means, the Senate Committee on
Banking, Housing and Urban Affairs,
and the House Committee on Financial
Services in Congress on or about April
20, 2023.
SUPPLEMENTARY INFORMATION:
[FR Doc. 2023–08687 Filed 4–24–23; 8:45 am]
Dated: April 20, 2023.
Frederick Pietrangeli,
Director of the Office of Debt Management.
BILLING CODE 4810–25–P
[FR Doc. 2023–08723 Filed 4–24–23; 8:45 am]
Melody Braswell,
Treasury PRA Clearance Officer.
BILLING CODE P
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Fred
DEPARTMENT OF THE TREASURY
Departmental Offices; Renewal of the
Treasury Borrowing Advisory
Committee
ACTION:
Notice of renewal.
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16:47 Apr 24, 2023
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DEPARTMENT OF THE TREASURY
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Multiple
Community Development Financial
Institutions Fund (CDFI Fund)
Information Collection Requests
Departmental Offices,
Department of the Treasury.
ACTION: Notice of information collection;
request for comment.
AGENCY:
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. Currently, the Community
Development Financial Institutions
Fund (CDFI Fund), U.S. Department of
the Treasury, is soliciting comments
concerning the Performance Progress
Report and Financial Statement Audit
Report Form, the Uses of Award Report
Form, and the Allocation and Qualified
Equity Investment Tracking System.
DATES: Comments should be received on
or before May 25, 2023 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.
SUPPLEMENTARY INFORMATION:
SUMMARY:
Community Development Financial
Institutions (CDFI)
1. Title: Performance Progress Report
and Financial Statement Audit Report
Form.
OMB Number: 1559–0050.
Abstract: Recipients of the
Community Development Financial
Institutions Program (CDFI Program),
the CDFI Rapid Response Program
(CDFI RRP), the Native American CDFI
Assistance Program (NACA Program),
and the Small Dollar Loan Program
(SDL Program) submit the Performance
Progress Report via the CDFI Fund’s
AMIS once a year, three (3) months after
their Period of Performance end date or
fiscal year end. Recipients and
Allocatees of the CDFI Program, CDFI
RRP, NACA Program, CMF, NMTC
Program, and SDL Program also submit
the Financial Statement Audit Report
E:\FR\FM\25APN1.SGM
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lotter on DSK11XQN23PROD with NOTICES1
Federal Register / Vol. 88, No. 79 / Tuesday, April 25, 2023 / Notices
via the CDFI Fund’s AMIS once a year,
six (6) months after their Period of
Performance end date or fiscal year end.
Recipients respond to the questions
below by providing numerical figures,
‘‘yes’’ or ‘‘no’’ answers, or narrative
responses, as appropriate. These reports
are used to determine Recipient
compliance with their Assistance
Agreement. There are no significant
content changes to the forms, however
minor, non-substantive modifications
were made to the Performance Progress
Report to include changes resulting
from the implementation of new
programs and modifications to existing
Assistance Agreements.
Current Actions: Extension without
change of currently approved collection.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit institutions, non-profit
entities, and State, local and Tribal
entities participating in the CDFI Fund
programs.
Estimated Number of Respondents:
1,902.
Frequency of Responses: Annually.
Estimated Total Number of Annual
Responses: 1,902.
Estimated Annual Time per
Respondent: 45 min.
Estimated Total Annual Burden
Hours: 1,426.5 hours.
2. Title: Uses of Award Report Form.
OMB Number: 1559–0032.
Abstract: Recipients of the Bank
Enterprise Award Program (BEA
Program), the Community Development
Financial Institutions Program (CDFI
Program), the CDFI Rapid Response
Program (CDFI RRP), the Native
American CDFI Assistance Program
(NACA Program), and the Small Dollar
Loan Program (SDL Program) submit the
Uses of Award Report via the CDFI
Fund’s AMIS once a year, three (3)
months after their Period of
Performance (BEA Program) end date or
fiscal year end (CDFI, CDFI RRP, NACA
and SDL Programs). Recipients respond
to the questions below by providing
numerical figures, ‘‘yes’’ or ‘‘no’’
answers, or narrative responses, as
appropriate. This report is used to
determine Recipient compliance with
the applicable performance goals in
their Award or Assistance Agreement,
and to demonstrate how award funds
are expended. There is no significant
content change to the form, however
minor, non-substantive modifications
were made to the Uses of Award Report
to include changes resulting from the
implementation of new programs and
modifications to existing Award and
Assistance Agreements.
Current Actions: Extension without
change of currently approved collection.
VerDate Sep<11>2014
16:47 Apr 24, 2023
Jkt 259001
Type of Review: Regular.
Affected Public: Businesses or other
for-profit institutions, non-profit
entities, and State, local and Tribal
entities participating in the CDFI Fund
programs.
Estimated Number of Respondents:
1,902.
Frequency of Responses: Annually.
Estimated Total Number of Annual
Responses: 1,902.
Estimated Annual Time per
Respondent: 45 min.
Estimated Total Annual Burden
Hours: 1,426.5 hours.
3. Title: Allocation and Qualified
Equity Investment Tracking System.
OMB Number: 1559–0024.
Abstract: Title I, subtitle C, section
121 of the Community Renewal Tax
Relief Act of 2000 (the Act), as enacted
by section 1(a)(7) of the Consolidated
Appropriations Act, 2001 (Pub. L. 106–
554, December 21, 2000), amended the
Internal Revenue Code (IRC) by adding
IRC sec. 45D, New Markets Tax Credit.
Pursuant to IRC sec. 45D, 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 and stimulates the provision
of private investment capital that, in
turn, facilitates economic and
community development in low-income
communities. In order to qualify for an
allocation of NMTC Program authority,
an entity must be certified as a qualified
Community Development Entity and
submit an allocation application to the
CDFI Fund. Upon receipt of such
applications, the CDFI Fund conducts a
competitive review process to evaluate
applications for the receipt of NMTC
Program allocations. Entities selected to
receive an NMTC Program allocation
must enter into an Allocation
Agreement with the CDFI Fund. The
Allocation Agreement contains the
terms and conditions, including all
reporting requirements, associated with
the receipt of a NMTC Program
allocation. The CDFI Fund requires each
Allocatee to use an electronic data
collection and submission system,
known as the Allocation and Qualified
Equity Investment Tracking System
(AQEI), to report on the information
related to its receipt of a Qualified
Equity Investment. The CDFI Fund
developed the AQEI to, among other
things: (1) enhance the Allocatee’s
ability to report to the CDFI Fund timely
information regarding the issuance of its
Qualified Equity Investments; (2)
enhance the CDFI Fund’s ability to
monitor the issuance of Qualified Equity
Investments to ensure that no Allocatee
exceeds its allocation authority and to
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25073
ensure that Qualified Equity
Investments are issued within the
timeframes required by the Allocation
Agreement and IRC § 45D; (3) provide
the CDFI Fund with basic investor data
that can be aggregated and analyzed in
connection with NMTC Program
evaluation efforts; and (4) provide the
CDFI Fund with information about the
status of Qualified Active Low-Income
Community Businesses and Qualified
Low-Income Community Investments at
the end to the tax credit compliance
period.
Current Actions: Renewal of Existing
Information Collection.
Type of Review: Regular.
Affected Public: NMTC Program
Allocatees.
Estimated Number of Respondents:
104.
Frequency of Responses: Annually.
Estimated Total Number of Annual
Responses: 104.
Estimated Total Hours per Response:
1.7 hours.
Estimated Total Annual Burden
Hours: 2,080 hours.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023–08669 Filed 4–24–23; 8:45 am]
BILLING CODE 4810–70–P
UNITED STATES INSTITUTE OF
PEACE
Notice Regarding Board of Directors
Meetings
United States Institute of Peace
(USIP) and Endowment of the United
States Institute of Peace.
ACTION: Announcement of meeting.
AGENCY:
USIP announces the next
meeting of the Board of Directors.
DATES: Friday, April 28, 2023 (9 a.m.–
12:30 p.m.).
The next meeting of the Board of
Directors will be held July 21, 2023.
ADDRESSES: 2301 Constitution Avenue
NW, Washington, DC 20037.
FOR FURTHER INFORMATION CONTACT:
Megan O’Hare, 202–429–4144, mohare@
usip.gov.
SUPPLEMENTARY INFORMATION: Open
Session—Portions may be closed
pursuant to subsection (c) of section
552b of title 5, United States Code, as
provided in subsection 1706(h)(3) of the
United States Institute of Peace Act,
Public Law 98–525.
Authority: 22 U.S.C. 4605(h)(3).
SUMMARY:
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]]>Agencies
[Federal Register Volume 88, Number 79 (Tuesday, April 25, 2023)]
[Notices]
[Pages 25072-25073]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-08669]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Agency Information Collection Activities; Proposed Collection;
Comment Request; Multiple Community Development Financial Institutions
Fund (CDFI Fund) Information Collection Requests
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice of information collection; request for 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. Currently, the Community
Development Financial Institutions Fund (CDFI Fund), U.S. Department of
the Treasury, is soliciting comments concerning the Performance
Progress Report and Financial Statement Audit Report Form, the Uses of
Award Report Form, and the Allocation and Qualified Equity Investment
Tracking System.
DATES: Comments should be received on or before May 25, 2023 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.
SUPPLEMENTARY INFORMATION:
Community Development Financial Institutions (CDFI)
1. Title: Performance Progress Report and Financial Statement Audit
Report Form.
OMB Number: 1559-0050.
Abstract: Recipients of the Community Development Financial
Institutions Program (CDFI Program), the CDFI Rapid Response Program
(CDFI RRP), the Native American CDFI Assistance Program (NACA Program),
and the Small Dollar Loan Program (SDL Program) submit the Performance
Progress Report via the CDFI Fund's AMIS once a year, three (3) months
after their Period of Performance end date or fiscal year end.
Recipients and Allocatees of the CDFI Program, CDFI RRP, NACA Program,
CMF, NMTC Program, and SDL Program also submit the Financial Statement
Audit Report
[[Page 25073]]
via the CDFI Fund's AMIS once a year, six (6) months after their Period
of Performance end date or fiscal year end. Recipients respond to the
questions below by providing numerical figures, ``yes'' or ``no''
answers, or narrative responses, as appropriate. These reports are used
to determine Recipient compliance with their Assistance Agreement.
There are no significant content changes to the forms, however minor,
non-substantive modifications were made to the Performance Progress
Report to include changes resulting from the implementation of new
programs and modifications to existing Assistance Agreements.
Current Actions: Extension without change of currently approved
collection.
Type of Review: Regular.
Affected Public: Businesses or other for-profit institutions, non-
profit entities, and State, local and Tribal entities participating in
the CDFI Fund programs.
Estimated Number of Respondents: 1,902.
Frequency of Responses: Annually.
Estimated Total Number of Annual Responses: 1,902.
Estimated Annual Time per Respondent: 45 min.
Estimated Total Annual Burden Hours: 1,426.5 hours.
2. Title: Uses of Award Report Form.
OMB Number: 1559-0032.
Abstract: Recipients of the Bank Enterprise Award Program (BEA
Program), the Community Development Financial Institutions Program
(CDFI Program), the CDFI Rapid Response Program (CDFI RRP), the Native
American CDFI Assistance Program (NACA Program), and the Small Dollar
Loan Program (SDL Program) submit the Uses of Award Report via the CDFI
Fund's AMIS once a year, three (3) months after their Period of
Performance (BEA Program) end date or fiscal year end (CDFI, CDFI RRP,
NACA and SDL Programs). Recipients respond to the questions below by
providing numerical figures, ``yes'' or ``no'' answers, or narrative
responses, as appropriate. This report is used to determine Recipient
compliance with the applicable performance goals in their Award or
Assistance Agreement, and to demonstrate how award funds are expended.
There is no significant content change to the form, however minor, non-
substantive modifications were made to the Uses of Award Report to
include changes resulting from the implementation of new programs and
modifications to existing Award and Assistance Agreements.
Current Actions: Extension without change of currently approved
collection.
Type of Review: Regular.
Affected Public: Businesses or other for-profit institutions, non-
profit entities, and State, local and Tribal entities participating in
the CDFI Fund programs.
Estimated Number of Respondents: 1,902.
Frequency of Responses: Annually.
Estimated Total Number of Annual Responses: 1,902.
Estimated Annual Time per Respondent: 45 min.
Estimated Total Annual Burden Hours: 1,426.5 hours.
3. Title: Allocation and Qualified Equity Investment Tracking
System.
OMB Number: 1559-0024.
Abstract: Title I, subtitle C, section 121 of the Community Renewal
Tax Relief Act of 2000 (the Act), as enacted by section 1(a)(7) of the
Consolidated Appropriations Act, 2001 (Pub. L. 106-554, December 21,
2000), amended the Internal Revenue Code (IRC) by adding IRC sec. 45D,
New Markets Tax Credit. Pursuant to IRC sec. 45D, 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 and stimulates the provision of private investment capital
that, in turn, facilitates economic and community development in low-
income communities. In order to qualify for an allocation of NMTC
Program authority, an entity must be certified as a qualified Community
Development Entity and submit an allocation application to the CDFI
Fund. Upon receipt of such applications, the CDFI Fund conducts a
competitive review process to evaluate applications for the receipt of
NMTC Program allocations. Entities selected to receive an NMTC Program
allocation must enter into an Allocation Agreement with the CDFI Fund.
The Allocation Agreement contains the terms and conditions, including
all reporting requirements, associated with the receipt of a NMTC
Program allocation. The CDFI Fund requires each Allocatee to use an
electronic data collection and submission system, known as the
Allocation and Qualified Equity Investment Tracking System (AQEI), to
report on the information related to its receipt of a Qualified Equity
Investment. The CDFI Fund developed the AQEI to, among other things:
(1) enhance the Allocatee's ability to report to the CDFI Fund timely
information regarding the issuance of its Qualified Equity Investments;
(2) enhance the CDFI Fund's ability to monitor the issuance of
Qualified Equity Investments to ensure that no Allocatee exceeds its
allocation authority and to ensure that Qualified Equity Investments
are issued within the timeframes required by the Allocation Agreement
and IRC Sec. 45D; (3) provide the CDFI Fund with basic investor data
that can be aggregated and analyzed in connection with NMTC Program
evaluation efforts; and (4) provide the CDFI Fund with information
about the status of Qualified Active Low-Income Community Businesses
and Qualified Low-Income Community Investments at the end to the tax
credit compliance period.
Current Actions: Renewal of Existing Information Collection.
Type of Review: Regular.
Affected Public: NMTC Program Allocatees.
Estimated Number of Respondents: 104.
Frequency of Responses: Annually.
Estimated Total Number of Annual Responses: 104.
Estimated Total Hours per Response: 1.7 hours.
Estimated Total Annual Burden Hours: 2,080 hours.
Authority: 44 U.S.C. 3501 et seq.
Melody Braswell,
Treasury PRA Clearance Officer.
[FR Doc. 2023-08669 Filed 4-24-23; 8:45 am]
BILLING CODE 4810-70-P
