Notices. Notice of information collection; request for comment
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/register/2025/02/28/2025-03307A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 4810-31-P DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; The Community Development Financial Institutions
(CDFI)AGENCY: Departmental Offices, Department of the Treasury. ACTION: Notice of information collection; request for comment. 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 comment on the proposed information collections listed below, in accordance with the Paperwork Reduction Act of 1995. DATES: Comments should be received on or before March 31, 2025 to be assured of consideration. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to *www.reginfo.gov/public/do/PRAMain.* Find this particular information collection by selecting “Currently under 30-day Review—Open for Public Comments” or by using the search function. Copies of the submissions may be obtained from Melody Braswell by emailing *PRA@treasury.gov,* calling
(202)622-1035, or viewing the entire information collection request at *www.reginfo.gov.* SUPPLEMENTARY INFORMATION: Community Development Financial Institution
(CDFI)*Title:* Bond Guarantee Program. *OMB Control Number:* 1559-0044. *Forms:* BG Program Information Collections—(1) Qualified Issuer Application,
(2)Guarantee Application,
(3)Secondary Loan Requirements Certification,
(4)Financial Condition Monitoring Report,
(5)Pledged Loan Monitoring Report,
(6)Tertiary Loan Monitoring Report,
(7)Annual Assessment Report, and
(8)Secondary Loan Commitment Form. *Abstract:* The purpose of the Community Development Financial Institutions
(CDFI)Bond Guarantee Program (BG Program) is to support CDFI lending by providing Guarantees for Bonds issued by Qualified Issuers as part of a Bond Issue for Eligible Community or Economic Development Purposes. The BG Program provides CDFIs with a source of long-term capital and further the mission of the CDFI Fund to increase economic opportunity and promote community development investments for underserved populations and distressed communities in the United States. The CDFI Fund achieves its mission by promoting access to capital and local economic growth by investing in, supporting, and training Community Development Financial Institutions (CDFIs). The operation of the BG Program is supported by the collection of information across various forms, collectively the BG Program Information Collections:
(1)Qualified Issuer Application,
(2)Guarantee Application,
(3)Secondary Loan Requirements Certification,
(4)Financial Condition Monitoring Report,
(5)Pledged Loan Monitoring Report,
(6)Tertiary Loan Monitoring Report,
(7)Annual Assessment Report, and
(8)Secondary Loan Commitment Form. There are no significant content changes to the forms; however, minor, non-substantive changes may have been made to certain forms in order to improve the clarity and/or accuracy of the data collections. Copies of the forms constituting the BG Program Information Collection may be found on the CDFI Fund's website at *https://www.cdfifund.gov.* *Current Actions:* Extension without change of currently approved collection. *Type of Review:* Regular. *Affected Public:* Approved Eligible CDFIs and Qualified Issuers (QI). All Forms—Estimated Reporting Burden Form Number of respondents Number of responses per respondent Number of annual responses Hours per response Number of hours annually Bond Guarantee Program Application Materials 20 1 20 80 1,600 Financial Condition Monitoring
(FCM)Report 40 4 160 1.66 280 Pledged Loan Monitoring
(PLM)Report 40 12 480 1.66 840 Tertiary Loan Monitoring
(TLM)Report 15 12 180 1.66 300 Annual Assessment 40 1 40 2 80 Secondary Loan Commitment Form and Certification 40 1 40 3.14 130 Total 920 3,230 *Authority:* 44 U.S.C. 3501 *et seq.* Melody Braswell, Treasury PRA Clearance Officer. [FR Doc. 2025-03307 Filed 2-27-25; 8:45 am]
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