Community Development Revolving Loan Fund - Loan and Grant Programs, 12 CFR Part 705

Forms and Documents

Document Name	Status
Extension Request / Reallocation Request Form	Removed
Reimbursement Request Form	Removed
12CFR705 (1-1-18 ED).pdf Supplementary Document	2018-02-28
FINAL_3133-0138_Supporting_Statement_022718.docx Supporting Statement A	2018-02-27

IC Document Collections

IC ID	Document Title	Status
32766	Loans - CDRLF Other-Loan Agreement Template	Modified
212954	Extension Request / Reallocation Request Form	Removed
212951	Reimbursement Request Form	Removed
212950	Appeals Process	Removed
212949	Grants - CDRLF Other-Grant Application Example	Modified
199912	Irregular Activities as requested by NCUA Other-Informational	Removed
199910	Promissory Note and Loan Agreement Other-Agreement	Removed

ICR Details

OMB Control No: 3133-0138	ICR Reference No: 201711-3133-003
Status: Active	Previous ICR Reference No: 201409-3133-001
Agency/Subagency: NCUA	Agency Tracking No: CURE
Title: Community Development Revolving Loan Fund - Loan and Grant Programs, 12 CFR Part 705
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: 10/31/2018
	Date Received in OIRA: 02/28/2018
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2021	36 Months From Approved	10/31/2018
Responses	799	0	490
Time Burden (Hours)	872	0	2,140
Cost Burden (Dollars)	0	0	64,185

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Abstract: The Fund is used to support credit unions that serve low-income communities by providing loans and technical assistance grants to qualifying institutions. The programs are designed to increase income, ownership, and employment opportunities for low-income residents, and to stimulate economic growth. In addition, the programs provide assistance to improve the quality of services to the community and formulate more effective and efficient operations of credit unions. The information will allow NCUA to assess a credit union's capacity to repay the Funds and/or ensure that the funds are used as intended to benefit the institution and community it serves.

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Authorizing Statute(s): US Code: 12 USC 1772c-1 Name of Law: Federal Credit Union Act
  

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:
	82 FR 57786	12/07/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	83 FR 8302	02/26/2018
Did the Agency receive public comments on this ICR? No

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

IC Title	Form No.	Form Name
Loans - CDRLF
Extension Request / Reallocation Request	None	Grant Reimbursement Extension Request
Appeals Process
Grants - CDRLF
Irregular Activities as requested by NCUA
Promissory Note and Loan Agreement
Reimbursement Request	None	Student Certification of Business Hours

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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	799	490	0	-1	310	0
Annual Time Burden (Hours)	872	2,140	0	-1	-1,267	0
Annual Cost Burden (Dollars)	0	64,185	0	-15	-64,170	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: Yes

Burden Reduction Due to: Miscellaneous Actions

Short Statement: A reduction of 1 hour is attributed to a program change due to the recent consolidation of NCUA informal appeals process under 12 CFR Part 746, subpart B. Additionally, adjustments are being made to reflect current application activity under the Fund programs and to include information collection activities that had not been accounted for in the past.

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Annual Cost to Federal Government: $181,667

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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: 02/28/2018

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