The Community Development Financial Institutions Program - Certification Application

Forms and Documents

Document Name	Status
Form CDFI Form 0005 The Community Development Financial Institutions Program - Certification Application Form	Modified
Form CDFI Form 0005 The Community Development Financial Institutions Program - Certification Application Form and Instruction	New
1559-0028_Supporting_Statement_CDFI Certification Application 123114.docx Supporting Statement A	2014-12-31

IC Document Collections

IC ID	Document Title	Status
41269	The Community Development Financial Institutions Program - Certification Application Form	Modified
214253	The Community Development Financial Institutions Program - Certification Application Form and Instruction	New

ICR Details

OMB Control No: 1559-0028	ICR Reference No: 201412-1559-002
Status: Historical Active	Previous ICR Reference No: 201302-1559-001
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: The Community Development Financial Institutions Program - Certification Application
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/01/2015
	Date Received in OIRA: 12/31/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	11/30/2015
Responses	175	0	300
Time Burden (Hours)	6,563	0	11,250
Cost Burden (Dollars)	0	0	0

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Abstract: The certification application will be used to determine whether an entity seeking CDFI certification or recertification meets the Fund's requirements for such certification as set forth in 12 CFR 1805.201.

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Authorizing Statute(s): US Code: 12 USC 4701 Name of Law: null
  

Citations for New Statutory Requirements: None

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

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 61131	10/09/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 77598	12/24/2014
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
The Community Development Financial Institutions Program - Certification Application	CDFI Form 0005	Certification Application
The Community Development Financial Institutions Program - Certification Application	CDFI Form 0005	Certification Application

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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	175	300	0	0	-125	0
Annual Time Burden (Hours)	6,563	11,250	0	0	-4,687	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: The CDFI Fund has not made any changes to the certification application. The adjustment in agency estimate is due to a substantial decrease in the aggregate number of respondents from 300 to 175. This is due to more accurate information based on the number of certification applications received over the course of the last three years. Total burden hours requested is 6,563.

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Annual Cost to Federal Government: $0

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]? No

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

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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: 12/31/2014

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