Financial Education & Counseling Pilot Program Application

Forms and Documents

Document Name	Status
Form CDFI 0033 FY 2009 Financial Education & Counseling Pilot Program Application Form and Instruction	Modified
FY09_FEC_Application_OMB_Supporting_Statement[1].doc Supporting Statement A	2010-04-27

IC Document Collections

IC ID	Document Title	Status
190580	FY 2009 Financial Education & Counseling Pilot Program Application Form and Instruction	Modified

ICR Details

OMB Control No: 1559-0034	ICR Reference No: 201004-1559-001
Status: Historical Active	Previous ICR Reference No: 200909-1559-001
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: Financial Education & Counseling Pilot Program Application
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 07/22/2010
	Date Received in OIRA: 04/29/2010
Terms of Clearance: In future submissions, agency must ensure that burden changes are correctly attributed to program changes and adjustments in agency estimates.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2013	36 Months From Approved	07/31/2010
Responses	200	0	75
Time Burden (Hours)	8,000	0	3,000
Cost Burden (Dollars)	0	0	0

---

Abstract: The CDFI Fund is implementing a Financial Education and Counseling (FEC) Pilot Program to provide financial assistance awards to eligible organizations to provide a range of financial education and counseling services to prospective home buyers.

---

Authorizing Statute(s): PL: Pub.L. 110 - 289 1132 Name of Law: Housing and Economic Recovery Act of 2008
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 8190	02/23/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 22679	04/29/2010
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FY 2009 Financial Education & Counseling Pilot Program Application	CDFI 0033	Financial Education and Counseling Pilot Program Application

---

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	200	75	0	0	125	0
Annual Time Burden (Hours)	8,000	3,000	0	0	5,000	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The initial emergency request for this collection contained an estimated number of respondents for the FEC Pilot Program; since then, the Fund has received 200 applications for the FY 2009 funding round. The number of respondents have been changed to reflect this increase.

---

Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 04/29/2010

---