CDFI Program and NACA Program Application

ICR 201505-1559-003

OMB: 1559-0021

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2015-05-26
IC Document Collections
IC ID
Document
Title
Status
20181 Modified
ICR Details
1559-0021 201505-1559-003
Historical Active 201212-1559-001
TREAS/CDFIF
CDFI Program and NACA Program Application
Revision of a currently approved collection   No
Regular
Approved without change 12/01/2015
Retrieve Notice of Action (NOA) 06/18/2015
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 07/31/2016
451 0 492
13,530 0 24,080
0 0 0

The CDFI Fund provides financial assistance in the form of grants, loans, equity investments and deposits to community development financial institutions providing capital and financial services to underserved markets.

US Code: 12 USC 4703 Name of Law: null
   US Code: 12 USC 4701 Name of Law: Community Development Banking and Financial Institutions Act of 1994
  
None

Not associated with rulemaking

  80 FR 7682 02/11/2015
80 FR 34199 06/15/2015
Yes

1
IC Title Form No. Form Name
CDFI Program and NACA Program Application

  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 451 492 0 0 -41 0
Annual Time Burden (Hours) 13,530 24,080 0 -10,100 -450 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Changing Forms
The FY 2016 CDFI and NACA Program application introduces an integrated web-based collection tool that will now be used to collect data from CDFI and NACA Program applicants. The new interactive, integrated application reduces the burden on the applicant since it will store previously supplied information, which will reduce data entry in future applications. It is anticipated that this will decrease the amount of time to complete the application from 50 hours to 30 hours per response for the applicants. This revision reflects a decrease in hours due to the new collection tool. Total burden hours requested for this submission is 13,530 (451 applications X 30 hours an application).

$0
No
No
No
No
No
Uncollected
Mark Kudlowitz 202 653-0348

  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:
 
 
 
 
 
 
 
    (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;
 
 
 
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.
06/18/2015


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