1578 Federal Register / Vol. 72, No. 8 / Friday, January 12, 2007 / Notices 

are measured and used and how debt 

service for those bonds is paid or 

secured. 

Respondents: State, local, or tribal 

governments. 

Estimated Total Burden Hours: 30,100 

hours. 

Clearance Officer: Glenn P. Kirkland, 

(202) 622–3428, Internal Revenue 

Service, Room 6516, 1111 Constitution 

Avenue, NW., Washington, DC 20224. 

OMB Reviewer: Alexander T. Hunt, 

(202) 395–7316, Office of Management 

and Budget, Room 10235, New 

Executive Office Building, Washington, 

DC 20503. 

Robert Dahl, 

Treasury PRA Clearance Officer. 

[FR Doc. E7–348 Filed 1–11–07; 8:45 am] 

BILLING CODE 4810–01–P 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Proposed Collection; Comment 

Request 

ACTION: Notice and request for 

comments. 

SUMMARY: The Department of the 

Treasury, as part of its continuing effort 

to reduce paperwork and respondent 

burden, invites the general public and 

other Federal agencies to take this 

opportunity to comment on proposed 

and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995, 

Public Law No. 104–13 (44 U.S.C. 

3506(c)(2)(A)). Currently, the 

Community Development Financial 

Institutions Fund (the Fund) of the 

Department of the Treasury is soliciting 

comments concerning a voluntary 

information collection effort involving 

all Fund Programs. The specific 

information collection relates to the 

voluntary collection of narrative 

descriptions of projects financed by 

Fund awardees and allocatees in 

response to the public’s request for 

better and more narrative information 

on impact and best practices associated 

with all of the Fund’s Programs. The 

purpose is to more fully describe and 

record the innovative approaches 

community development financial 

institutions (CDFIs) and community 

development entities (CDEs) use in 

revitalizing communities and serving 

families. Fund awardees and allocatees 

will be invited to submit narratives on 

one or more projects that they believe 

demonstrate best practices or high 

impact. The project description may be 

for a project previously reported to the 

Fund through the Community 

Investment Impact System (CIIS) or for 

a new project that has not yet been 

reported in CIIS. The Fund plans to use 

the descriptions in Fund publications 

and on the Fund’s Web site to highlight 

the work of its awardees and allocatees. 

DATES: Written comments should be 

received on or before March 13, 2007 to 

be assured of consideration. 

ADDRESSES: Direct all comments to Bob 

Ibanez, Financial and Program Analyst, 

Community Development Financial 

Institutions Fund, U.S. Department of 

the Treasury, 601 13th Street, NW., 

Suite 200 South, Washington, DC 20005, 

Facsimile Number (202) 622–7754. 

FOR FURTHER INFORMATION CONTACT: A 

draft of the information collection may 

be obtained from the Fund’s Web site at 

http://www.cdfifund.gov. Requests for 

additional information should be 

directed to Bob Ibanez, Financial and 

Program Analyst, Community 

Development Financial Institutions 

Fund, U.S. Department of the Treasury, 

601 13th Street, NW., Suite 200 South, 

Washington, DC 20005, or by phone to 

(202) 927–6232. 

SUPPLEMENTARY INFORMATION: 

Title: CDFI/CDE Project Profile Web 

Form. 

Abstract: The voluntary collection of 

narrative descriptions of projects 

financed by Fund awardees and 

allocatees via the CDFI/CDE Project 

Profile Web Form is in response to the 

public’s request for better and more 

narrative information on impact and 

best practices associated with all of the 

Fund’s Programs. The purpose is to 

more fully describe and record the 

innovative approaches community 

development financial institutions 

(CDFIs) and community development 

entities (CDEs) use in revitalizing 

communities and serving families. Each 

best practice is generated by one or 

more of four CDFI Fund Programs: 

1. Through the CDFI Program by 

directly investing in, supporting and 

training CDFIs that provide loans, 

investments, financial services and 

technical assistance to underserved 

populations and communities; 

2. Through the New Markets Tax 

Credit (NMTC) Program by providing an 

allocation of tax credit authority to 

community development entities (CDEs) 

which enable them to attract investment 

from the private-sector and to reinvest 

these amounts in low-income 

communities; 

3. Through the Bank Enterprise 

Award (BEA) Program by providing an 

incentive to banks to invest in their 

communities and in other CDFIs; and 

4. Through the Native American CDFI 

Assistance (NACA) Program, by taking 

action to provide financial assistance, 

technical assistance, and training to 

Native CDFIs and other Native entities 

proposing to become or create Native 

CDFIs. 

Current Actions: Currently designing 

and test marketing the CDFI/CDE Project 

Profile Web Form. 

Type of review: New. 

Affected Public: CDFIs and CDEs; 

including business or other for-profit 

institutions, nonprofit entities, and 

State, local and Tribal entities. 

Estimated Number of Respondents: 

100. 

Estimated Annual Time per 

Respondent: 2.5 Hours. 

Estimated Total Annual Burden 

Hours: 250 Hours. 

Requests for Comments: Comments 

submitted in response to this notice will 

be summarized and/or included in the 

request for OMB approval. All 

comments will become a matter of 

public record. Comments are invited on: 

(a) Whether the collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information shall have practical utility; 

(b) the accuracy of the agency’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; and (d) 

ways to minimize the burden of the 

collection of information on 

respondents, including through the use 

of technology. 

Authority: 12 U.S.C. 4703, 4703 note, 4704, 

4706, 4707, 4717; 12 CFR part 1805; 

Consolidated Appropriations Act of 2001, 

Pub. L. No. 106–554; 31 U.S.C. 321. 

Dated: January 4, 2007. 

Peter Dugas, 

Acting Director, Community Development 

Financial Institutions Fund. 

[FR Doc. E7–354 Filed 1–11–07; 8:45 am] 

BILLING CODE 4810–70–P 


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