54446 Federal Register / Vol. 70, No. 177 / Wednesday, September 14, 2005 / Notices 

DEPARTMENT OF THE TREASURY 

Community Development Financial 

Institutions Fund 

Notice of Allocation Availability 

(NOAA) Inviting Applications for the 

CY 2006 Allocation Round of the New 

Markets Tax Credit Program 

ACTION: Change of allocation application 

deadline. 

SUMMARY: On July 15, 2005, the 

Community Development Financial 

Institutions Fund (the ‘‘Fund’’) 

announced in a NOAA for the New 

Markets Tax Credit Program (70 FR 

41075) that the deadline for electronic 

allocation applications is 5 p.m. ET on 

September 21, 2005. The NOAA also 

announced that paper allocation 

applications must be postmarked on or 

before September 21, 2005 and received 

by the Fund at the address cited in the 

NOAA by 5 p.m. ET on September 30, 

2005. Due to the recent occurrence of 

certain natural disasters, the Fund will 

consider extending these deadlines, on 

a case-by-case basis, for applicants that 

have been directly affected by said 

disasters. In general, to be eligible for an 

application deadline extension, an 

applicant must demonstrate that it 

cannot submit its application by 

September 21, 2005 because: 

1. Its principal place of business is 

located in a county for which the 

Federal Emergency Management Agency 

(FEMA) has: a) issued a ‘‘major disaster 

declaration’’ since July 15, 2005; and b) 

made a determination that such county 

is eligible for both ‘‘individual and 

public assistance’’; or 

2. There exist mitigating factors 

directly attributable to the disasterrelated conditions in a county for which 

FEMA has: a) issued a ‘‘major disaster 

declaration’’ since July 15, 2005; and b) 

made a determination that such county 

is eligible for both ‘‘individual and 

public assistance.’’

If you would like to request an 

application deadline extension, you 

must send your request via e-mail to 

grantsmanagement@cdfi.treas.gov with 

the subject line ‘‘Deadline Extension 

Request: 2006 NMTC Allocation 

Application.’’ If you are unable to file 

your request by e-mail, you may contact 

the Fund by telephone at (202) 622–

8226 or by facsimile at (202) 622–6453. 

These are not toll free numbers. Be sure 

to indicate in your telephone message or 

fax that you are requesting an extension 

of the 2006 NMTC Allocation 

Application deadline. 

In your request, you must explain 

why the application deadline extension 

is necessary, citing the specific 

circumstances preventing your 

organization from completing and/or 

submitting the application materials by 

the deadlines set forth in the NOAA. 

You must address, at a minimum, 

whether: your offices were closed and/ 

or were without electricity for 

significant periods of time; staff 

members were not available to work on 

the application materials during critical 

periods; and/or other application 

partners (e.g., investors, consultants, 

community partners) were not available 

to provide materials critical to the 

compilation of a complete application. 

To ensure full consideration of your 

request prior to the September 21, 2005 

Allocation Application deadline, you 

should submit your extension request as 

soon as feasible and by no later than 5 

p.m. ET, Monday, September 19, 2005. 

The Fund reserves the right, in its sole 

discretion, to request additional 

supporting documentation before 

rendering a final determination. 

Please also note that the Fund is not 

at this time accepting any requests to 

extend deadlines pertaining to the 

issuance of qualified equity investments 

by prior allocatees planning to apply for 

allocations in the CY 2006 round of the 

NMTC Program (see section III.A.2.(a) of 

the NOAA). The Fund may issue, in its 

sole discretion, additional guidance on 

this matter at a later date. 

All other information and 

requirements set forth in the July 15, 

2005 NOAA shall remain effective, as 

published. 

FOR FURTHER INFORMATION CONTACT: The 

Fund will provide programmatic and 

information technology support related 

to the allocation application between 

the hours of 9 a.m. and 5 p.m. ET 

through September 19, 2005. The Fund 

will not respond to phone calls or emails concerning the application that 

are received after 5 p.m. ET on 

September 19, 2005 until after the 

allocation application deadline of 

September 21, 2005. Applications and 

other information regarding the Fund 

and its programs may be obtained from 

the Fund’s Web site at http:// 

www.cdfifund.gov. The Fund will post 

on its Web site responses to questions 

of general applicability regarding the 

NMTC Program. 

A. Information technology support: 

Technical support can be obtained by 

calling (202) 622–2455 or by e-mail at 

ithelpdesk@cdfi.treas.gov. People who 

have visual or mobility impairments 

that prevent them from accessing the 

Low-Income Community maps using the 

Fund’s Web site should call (202) 622–

2455 for assistance. These are not toll 

free numbers. 

B. Programmatic support: If you have 

any questions about the programmatic 

requirements of this NOAA, contact the 

Fund’s NMTC Program Manager by email at cdfihelp@cdfi.treas.gov, by 

telephone at (202) 622–6355, by 

facsimile at (202) 622–7754, or by mail 

at CDFI Fund, 601 13th Street, NW., 

Suite 200 South, Washington, DC 20005. 

These are not toll-free numbers. 

C. Administrative support: If you have 

any questions regarding the 

administrative requirements of this 

NOAA, contact the Fund’s Grants 

Manager by e-mail at 

grantsmanagement@cdfi.treas.gov, by 

telephone at (202) 622–8226, by 

facsimile at (202) 622–6453, or by mail 

at CDFI Fund, 601 13th Street, NW., 

Suite 200 South, Washington, DC 20005. 

These are not toll free numbers. 

D. IRS support: For questions 

regarding the tax aspects of the NMTC 

Program, contact Branch Five, Office of 

the Associate Chief Counsel 

(Passthroughs and Special Industries), 

IRS, by telephone at (202) 622–3040, by 

facsimile at (202) 622–4753, or by mail 

at 1111 Constitution Avenue, NW., Attn: 

CC:PSI:5, Washington, DC 20224. These 

are not toll free numbers. 

E. Legal counsel support: If you have 

any questions or matters that you 

believe require response by the Fund’s 

Office of Legal Counsel, please refer to 

the document titled ‘‘How to Request a 

Legal Review,’’ found on the Fund’s 

Web site at http://www.cdfifund.gov. 

Requests for legal reviews must be 

received by the Fund no later than 

October 14, 2005. 

Authority: 26 U.S.C. 45D; 31 U.S.C. 321; 26 

CFR 1.45D–1. 

Dated: September 9, 2005. 

Jeffrey C. Berg, 

Legal Counsel, Community Development 

Financial Institutions Fund. 

[FR Doc. 05–18325 Filed 9–13–05; 8:45 am] 

BILLING CODE 4810–70–P