86650 Federal Register / Vol. 85, No. 250 / Wednesday, December 30, 2020 / Notices 

Award by at least 10 times. Currently, 

the CDFI Fund does not evaluate 

Applicants exceeding the 10:1 ratio 

more favorably than Applicants that 

meet the minimum 10 times benchmark. 

Should this approach be changed to 

recognize and score more favorably 

Applicants with total leverage 

exceeding the minimum requirement? 

(k) Program Income: During the fiveyear Investment Period, the repayment 

of principal and/or equity from projects 

financed with CMF is considered 

Program Income and must be reinvested 

in CMF-eligible projects. To date, the 

reinvestment has been limited to the 

Recipient’s approved Service Area. 

Should Recipients be allowed to 

reinvest CMF Program Income in 

anywhere in the United States without 

restriction? 

(l) Streamlined Collection of Data on 

Track Record/Projections: As part of the 

Application, the CDFI Fund collects and 

evaluates information from Applicants 

related to their five-year track record 

and projections. In past Applications, 

this information has been collected in a 

format that indicates activity (cost and 

units) on an annual basis. In the 

proposed Application, the information 

collection format in Tables A–C has 

been changed to a cumulative five-year 

basis. Is the approach of collecting 

cumulative data sufficient or should the 

CDFI Fund continue to collect data for 

each year? 

(m) Alignment with other Housing 

Programs: The CDFI Fund recognizes 

that the Low Income Housing Tax Credit 

(LIHTC) program is a significant 

resource used by many CMF Recipients 

in CMF-financed projects. Are there 

ways the CDFI Fund can increase 

alignment with LIHTC to reduce the 

burden on Applicants, particularly 

related to requirements or reporting for 

tenant income determination, long term 

deed restrictions or restrictive 

covenants, and income averaging? If so, 

please describe specific ways the 

alignment could best be achieved? 

(n) Loan Loss Reserves/Guarantees: 

The capitalization of Loan Loss Reserves 

and providing Loan Guarantees are 

eligible CMF activities. To ensure 

oversight and effective use of CMF 

Awards, the CDFI Fund is considering 

a requirement that Loan Loss Reserves 

or Guarantees provided with a CMF 

Award be established as segregated 

funds or accounts restricted to provide 

credit enhancement only for eligible 

CMF activities. Would such a 

requirement be feasible for Recipients? 

CMF Performance Report 

The CDFI Fund is also seeking input 

on the content of the CMF Performance 

Report. The CMF Assistance Agreement 

requires the collection of annual reports 

for compliance monitoring and program 

evaluation purposes. 

Data collected through the CMF 

Performance Report consists of three 

categories of data: (1) Mandatory data 

points, (2) conditionally required data 

points based on project characteristics, 

financing type or other condition, and 

(3) optional data points. For most 

compliance measures, AMIS calculates 

whether the Recipient is compliant or 

non-compliant based on the data 

reported into the system. When the 

system determines that a noncompliance has occurred, the Recipient 

is required to complete an explanation 

of non-compliance prior to submitting 

the report to the CDFI Fund. 

Comments concerning the CMF 

Performance Report are invited on: (a) 

Whether the collection of information is 

necessary for the proper performance of 

the functions of the CDFI Fund, 

including whether the information shall 

have practical utility; (b) the accuracy of 

the CDFI Fund’s estimate of the burden 

of the collection of information; (c) ways 

to enhance the quality, utility, and 

clarity of the information to be 

collected; (d) ways to minimize the 

burden of the collection of information 

on respondents, including through the 

use of technology; and (e) estimates of 

capital or start-up costs and costs of 

operation, maintenance, and purchase 

of services required to provide 

information. 

The CDFI Fund also seeks comments 

on the following specific questions 

related to the proposed CMF 

Performance Report: 

(a) Data Collection Changes: Are the 

proposals for new data points and 

deleted data points in the CMF 

Performance Report appropriate? As 

explained above, proposed changes are 

highlighted or listed in the CMF 

Performance Report Data Points file. 

Will any of the proposed new data 

points for the CMF Performance Report 

highlighted in this file be infeasible or 

overly burdensome to collect? 

(b) Bulk Upload of Data: The CMF 

Performance Report does not currently 

allow Recipients to use a bulk upload 

process to create new ‘‘project records’’ 

in the reporting system. A ‘‘project 

record’’ is a unique record that is 

created through the entry of basic data 

about an investment, such as the 

location of the investment, the amount 

of the CMF Award Committed, and 

other information that typically is 

entered when an investment is made; 

data in the project record typically does 

not have to be revised or changed. The 

intent of the current policy is to 

minimize the accidental creation of 

duplicate ‘‘project records’’ by 

Recipients. The CDFI Fund is evaluating 

the feasibility of allowing Recipients to 

upload and create multiple project 

records, such as by uploading a 

spreadsheet. How can the CDFI Fund 

ensure that Recipients do not create 

duplicate records or generate other data 

quality issues if ‘‘project records’’ are 

allowed to be created in this manner? 

(c) Output Reports: The CDFI Fund 

began providing output reports 

(summary data based on data inputted 

by Recipients) in the CMF Performance 

Report that can be downloaded for 

individual Recipients to use beginning 

in July 2020. What modifications to 

these reports or other output reports 

would be helpful to Recipients? 

(d) Data Collection Frequency: An 

‘‘annual project report’’ record is a 

record within the reporting system that 

generally consists of data points that are 

updated as a Project progresses, such as 

dates, or data that is associated with 

single performance years, such as 

occupancy in that performance year. A 

‘‘project record’’ generally consists of 

information entered only one time for 

each Project. Is there any data currently 

being collected annually on an ‘‘annual 

project report’’ record that should be 

collected only once? Is there any data on 

the ‘‘project record’’ that should be 

collected annually instead of only once? 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to, a collection of information 

unless the collections of information 

displays a valid OMB control number. 

Authority: Pub. L. 110–289, 12 CFR part 

1807. 

Jodie L. Harris, 

Director, Community Development Financial 

Institutions Fund. 

[FR Doc. 2020–28757 Filed 12–29–20; 8:45 am] 

BILLING CODE 4810–70–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Actions 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

placed on OFAC’s Specially Designated 

Nationals and Blocked Persons List 

based on OFAC’s determination that one 

or more applicable legal criteria were 

satisfied. All property and interests in 

Federal Register / Vol. 85, No. 250 / Wednesday, December 30, 2020 / Notices 86651 

property subject to U.S. jurisdiction of 

these persons are blocked, and U.S. 

persons are generally prohibited from 

engaging in transactions with them. 

DATES: See SUPPLEMENTARY INFORMATION

section for effective date(s). 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Andrea Gacki, Director, tel.: 

202–622–2420; Associate Director for 

Global Targeting, tel.: 202–622–2420; 

Assistant Director for Sanctions 

Compliance & Evaluation, tel.: 202–622– 

2490; Assistant Director for Licensing, 

tel.: 202–622–2480; or Assistant Director 

for Regulatory Affairs, tel.: 202–622– 

4855. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The Specially Designated Nationals 

and Blocked Persons List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website (https://www.treasury.gov/ofac). 

Notice of OFAC Action(s) 

On December 23, 2020, OFAC 

determined that the property and 

interests in property subject to U.S. 

jurisdiction of the following persons are 

blocked under the relevant sanctions 

authority listed below. 

Individual 

1. KAZAKEVICH, Henadz 

Arkadzievich (Cyrillic: RFPFRTDIX, 

Utyflpm Fhrflpmtdix) (a.k.a. 

KAZAKEVICH, Genadz Arkadzievich; 

a.k.a. KAZAKEVICH, Gennadi; a.k.a. 

KAZAKEVICH, Gennadi Arkadievich 

(Cyrillic: RFPFRTDBX, Utyyflbq 

Fhrflmtdbx); a.k.a. KAZAKEVICH, 

Gennady (Cyrillic: RFPFRTDBX, 

Utyyflbq); a.k.a. KAZAKEVICH, 

Gennady Arkadyevich; a.k.a. 

KAZAKEVICH, Henadz), Minsk, 

Belarus; DOB 14 Feb 1975; POB Minsk, 

Belarus; nationality Belarus; Gender 

Male (individual) [BELARUS]. 

Designated pursuant to section 

1(a)(ii)(A) of Executive Order 13405 of 

June 16, 2006, ‘‘Blocking Property of 

Certain Persons Undermining 

Democratic Processes or Institutions in 

Belarus,’’ 71 FR 35485, 3 CFR 13405 

(E.O. 13405) for being responsible for, or 

having participated in, actions or 

policies that undermine democratic 

processes or institutions in Belarus. 

Entities 

1. CENTRAL COMMISSION OF THE 

REPUBLIC OF BELARUS ON ELECTIONS 

AND HOLDING REPUBLICAN REFERENDA 

(a.k.a. BELARUSIAN CENTRAL ELECTION 

COMMISSION; a.k.a. CEC BELARUS; a.k.a. 

TSENTRALNAYA KAMISIYA RESPUBLIKI 

BELARUS PA VYBARAKH I 

PRAVYADZENNI RESPUBLIKANSKIKH 

REFERENDUMAU (Cyrillic: W"YNHFKMYFZ 

RFVÈCÈZ H"CGE<KÈRÈ <TKFHECM GF 

DS<FHF{ È GHFDZLPTYYÈ 

H"CGE<KÈRFYCRÈ{ H"ATH"YLEVFE); 

a.k.a. TSENTRALNAYA KOMISSIYA 

RESPUBLIKI BELARUS PO VYBORAM I 

PROVEDENIYU RESPUBLIKANSKIKH 

REFERENDUMOV (Cyrillic: WTYNHFKMYFZ 

RJVBCCBZ HTCGE<KBRB <TKFHECM GJ 

DS<JHFV B GHJDTLTYB> 

HTCGE<KBRFYCRB{ HTATHTYLEVJD)), 

11 Sovetskaya St., House of Government, 

Minsk 220010, Belarus [BELARUS]. 

Designated pursuant to section 1(a)(ii)(A) 

of Executive Order 13405 of June 16, 2006, 

‘‘Blocking Property of Certain Persons 

Undermining Democratic Processes or 

Institutions in Belarus,’’ 71 FR 35485, 3 CFR 

13405 (E.O. 13405) for being responsible for, 

or having participated in, actions or policies 

that undermine democratic processes or 

institutions in Belarus. 

2. KGB ALPHA (Cyrillic: RU< FKMAF) 

(a.k.a. ALFA SPETZNAZ; a.k.a. KGB ALFA; 

a.k.a. ‘‘ALPHA GROUP’’; a.k.a. ‘‘ALPHA 

UNIT’’), Minsk, Belarus [BELARUS]. 

Designated pursuant to section 1(a)(ii)(A) 

of Executive Order 13405 of June 16, 2006, 

‘‘Blocking Property of Certain Persons 

Undermining Democratic Processes or 

Institutions in Belarus,’’ 71 FR 35485, 3 CFR 

13405 (E.O. 13405) for being responsible for, 

or having participated in, actions or policies 

that undermine democratic processes or 

institutions in Belarus. 

3. MAIN INTERNAL AFFAIRS 

DIRECTORATE OF THE MINSK CITY 

EXECUTIVE COMMITTEE (Cyrillic: 

UKFDYJT EGHFDKTYBT DYENHTYYB{ 

LTK VBYCRJUJ UJHJLCRJUJ 

BCGJKYBNTKMYJUJ RJVBNTNF) (a.k.a. 

GLAVNOYE UPRAVLENIE VNUTRENNIKH 

DEL MINSKOVO GORISPOLKOMA; a.k.a. 

MINSK GUVD (Cyrillic: UEDL VBYCR); 

a.k.a. THE GENERAL DIRECTORATE OF 

INTERNAL AFFAIRS OF MINSK CITY 

EXECUTIVE COMMITTEE), Dobromislenski 

Lane, 5, Minsk, Belarus (Cyrillic: 

gth.Lj,hjvscktycrbq,5, u.Vbycr, Belarus) 

[BELARUS]. 

Designated pursuant to section 1(a)(ii)(A) 

of Executive Order 13405 of June 16, 2006, 

‘‘Blocking Property of Certain Persons 

Undermining Democratic Processes or 

Institutions in Belarus,’’ 71 FR 35485, 3 CFR 

13405 (E.O. 13405) for being responsible for, 

or having participated in, actions or policies 

that undermine democratic processes or 

institutions in Belarus. 

4. MINSK SPECIAL PURPOSE POLICE 

UNIT (Cyrillic: VBYCRBQ JNHZL 

VBKBWBB JCJ<JUJ YFPYFXTYBZ) (a.k.a. 

MINSK OMON (Cyrillic: VBYCR JVJY); 

a.k.a. MINSK OTRYAD MILITSII OSOBOVO 

NAZNACHENIYA; a.k.a. MINSK SPECIAL 

PURPOSE MOBILE UNIT; a.k.a. MINSK 

SPECIAL TASK POLICE FORCE), Heroes of 

the 120th Division St, 42, Minsk, Belarus 

(Cyrillic: ek.Uthjtd 120-q lbdbpbb, 42, 

u.Vbycr, Belarus) [BELARUS]. 

Designated pursuant to section 1(a)(ii)(A) 

of Executive Order 13405 of June 16, 2006, 

‘‘Blocking Property of Certain Persons 

Undermining Democratic Processes or 

Institutions in Belarus,’’ 71 FR 35485, 3 CFR 

13405 (E.O. 13405) for being responsible for, 

or having participated in, actions or policies 

that undermine democratic processes or 

institutions in Belarus. 

Dated: December 23, 2020. 

Bradley T. Smith, 

Deputy Director, Office of Foreign Assets 

Control, U.S. Department of the Treasury. 

[FR Doc. 2020–28863 Filed 12–29–20; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Notice of OFAC Sanctions Actions 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing the names 

of one or more persons that have been 

removed from the SDN List. Their 

property and interests in property are no 

longer blocked, and U.S. persons are no 

longer generally prohibited from 

engaging in transactions with them. 

OFAC is also publishing an update to 

the identifying information of persons 

currently included in the SDN List. 

DATES: See SUPPLEMENTARY INFORMATION

section. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Associate Director for Global 

Targeting, tel.: 202–622–2420; Assistant 

Director for Sanctions Compliance & 

Evaluation, tel.: 202–622–2490; 

Assistant Director for Licensing, tel.: 

202–622–2480; or Assistant Director for 

Regulatory Affairs, tel.: 202–622–4855. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

The Specially Designated Nationals 

and Blocked Persons List and additional 

information concerning OFAC sanctions 

programs are available on OFAC’s 

website. (https://www.treasury.gov/ 

ofac). 

Notice of OFAC Actions 

On August 2, 1990, the President 

issued Executive Order 12722, 

‘‘Blocking Iraqi Government Property 

and Prohibiting Transactions with Iraq.’’ 

On August 9, 1990, the President issued 

Executive Order 12724, ‘‘Blocking Iraqi 

Government Property and Prohibiting 

Transactions with Iraq.’’ On July 29, 

2004, the President issued E.O. 13350, 

‘‘Termination of Emergency Declared in 

Executive Order 12722 With Respect to 

Iraq and Modification of Executive 

Order 13290, Executive Order 13303, 

and Executive Order 13315,’’ which 

included an annex listing, in part,