Federal Register / Vol. 75, No. 174 / Thursday, September 9, 2010 / Notices 54883 

nation’s unmet economic development 

credit needs. At the conclusion of these 

processes, OHCI expects to propose for 

public comment amendments to the 

Community Investment Cash Advance 

(CICA) Regulation (12 CFR part 952) in 

late 2011. Amending the regulation will 

update the regulatory standards to 

reflect current community and 

economic development investment 

strategies and priorities, and clarify a 

regulation that may be difficult to apply. 

As part of the outreach and after 

discussion with FHFA, six FHLBanks 

(Pittsburgh, San Francisco, Atlanta, 

Boston, Dallas, and Des Moines) will 

host and conduct open-forum 

discussions in their districts that will 

consist of a cross section of FHLBank 

members and end-users who will 

provide comments on unmet credit 

needs and their experiences with 

current FHLBank economic 

development products and programs. 

FHFA will send two surveys 

electronically to participants prior to the 

open-forum discussions. The surveys 

will be returned electronically to FHFA 

staff. FHFA staff and the meeting 

facilitators will review the survey 

results to initiate discussions at the 

open-forums. 

In addition to the outreach meetings 

at the FHLBanks, OHCI is proposing to 

host an Economic Development 

Conference in October 2010. This 

conference will be attended by OHCI 

staff, FHLBank staff and approximately 

100 individuals representing economic 

development organizations from all 

segments of the community 

development field. Participants will 

discuss current and future national 

economic development issues, financing 

challenges, opportunities in the field, 

and best practices. FHFA staff will send 

four surveys electronically. At the 

conference, OHCI staff will conduct 

concurrent open-forum discussions and 

use the survey responses to initiate the 

discussions. The discussions will center 

on opportunities and challenges in 

using FHLBank financing to fund 

economic development projects and 

activities that will create jobs and spur 

economic growth. Information from the 

discussions at the FHLBanks and at the 

conference will be used to inform FHFA 

how the CICA regulation may be 

enhanced. 

Affected Public: Private sector. 

Costs: FHFA estimates that there will 

be no annualized capital/start-up costs 

for the respondents to collect and 

submit this information. 

Type of Respondents: Federal Home 

Loan Bank Members, Economic 

Development Organizations, Economic 

and Community Development Trade 

Groups, State and Local Economic 

Development Authorities, and 

Economists. 

ANNUAL BURDEN ESTIMATES FOR RESPONDENTS

Instrument Number of 

respondents 

Number of 

responses 

per 

respondent 

Average 

burden per 

response 

Total 

average 

burden per 

response 

Total annual 

burden hours 

Survey Questions for Economic Development Organizations (For 

Aug.—Sep. Open-Forum discussions).

60 

(10 per each 

location) 

× 1 × 15 mins = 900 mins 15 hours 

(900 mins/60 

mins) 

Survey Questions for FHLBank Member Lenders (For Aug.–Sep. 

Open-Forum discussions).

60 

(10 per each 

location) 

× 1 × 15 mins = 900 mins 15 hours 

(900 mins/60 

mins) 

Survey Questions for Economic and Community Development 

Trade Groups (For Oct. conference).

25 × 1 × 15 mins = 375 mins 6.25 hours 

(375 mins/60 

mins) 

Survey Questions for State and Local Economic Development Authorities (For Oct. conference).25 × 1 × 15 mins = 375 mins 6.25 hours 

(375 mins/60 

mins) 

Survey Questions for Economists (For Oct. conference) ................ 25 × 1 × 15 mins = 375 mins 6.25 hours 

(375 mins/60 

mins) 

Survey Questions for FHLBank Member Lenders (For Oct. conference).25 × 1 × 15 mins = 375 mins 6.25 hours 

(375/60 

mins) 

Dated: September 1, 2010. 

Edward J. DeMarco, 

Acting Director, Federal Housing Finance 

Agency. 

[FR Doc. 2010–22475 Filed 9–8–10; 8:45 am] 

BILLING CODE 8070–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisition of Shares of Bank or Bank 

Holding Companies 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire a bank or bank 

holding company. The factors that are 

considered in acting on the notices are 

set forth in paragraph 7 of the Act (12 

U.S.C. 1817(j)(7)). 

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 

the office of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than 

September 24, 2010. 

A. Federal Reserve Bank of 

Minneapolis, (Jacqueline G. King, 

Community Affairs Officer) 90 

Hennepin Avenue, Minneapolis, 

Minnesota 55480-0291: 

1. Shawn Paul Weinand and Linda 

Lou Weinand, both of Tonka Bay, 

Minnesota, to acquire shares of Alliance 

Bank Shares Corporation, Andover, 

Minnesota, and thereby indirectly gain 

shares of 1st Regents Bank, Andover, 

Minnesota. 

Board of Governors of the Federal Reserve 

System, September 3, 2010. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. 2010–22437 Filed 9–8–10; 8:45 am] 

BILLING CODE 6210–01–S 

mstockstill on DSKH9S0YB1PROD with NOTICES