Credit Enhancement for Charter School Facilities Program Performance Report

ICR 201912-1855-001

OMB: 1855-0010

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supplementary Document
2020-02-25
Supporting Statement A
2020-04-21
IC Document Collections
IC ID
Document
Title
Status
22591 Modified
ICR Details
1855-0010 201912-1855-001
Active 201610-1855-001
ED/OII
Credit Enhancement for Charter School Facilities Program Performance Report
Extension without change of a currently approved collection   No
Regular
Approved with change 04/21/2020
Retrieve Notice of Action (NOA) 02/27/2020
  Inventory as of this Action Requested Previously Approved
04/30/2023 36 Months From Approved 04/30/2020
60 0 40
1,500 0 1,000
0 0 0

The purpose of the Credit Enhancement program is to award grants to eligible entities that demonstrate innovative methods of helping charter schools address the cost of acquiring, constructing, and renovating facilities by enhancing the availability of loans and bond financing. This program provides grants to eligible entities to permit them to enhance the credit of charter schools so that the charter schools can access private-sector and other non-Federal capital in order to acquire, construct, and renovate facilities at a reasonable cost. The Credit Enhancement for Charter School Facilities Program and the Charter Schools Facilities Financing Demonstration Program have a statutory mandate for an annual report. This reporting is a requirement in order to obtain or retain benefits according to section 4304 of the Elementary and Secondary Education Act of 1965 as amended by the Every Student Succeeds Act (ESSA) of 2015. The information is collected in order to adhere to statutory requirements and to perform monitoring and evaluation of grantees.

PL: Pub.L. 107 - 110 5221-5231 Name of Law: null
  
None

Not associated with rulemaking

  84 FR 69734 12/19/2019
85 FR 11358 02/27/2020
Yes

1
IC Title Form No. Form Name
Credit Enhancement Annual Performance Report NA, NA CE APR Spreadsheet ,   NA

  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 60 40 0 0 20 0
Annual Time Burden (Hours) 1,500 1,000 0 0 500 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The adjustment is due to an increase in the number of grantees for this program.

$26,490
No
    No
    No
No
No
No
Uncollected
Clifton Jones 202 205-2204

  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.
02/27/2020


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