[CircleUp] CDFI Fund Update: Request for Public Comment on CDFI Program Application

Stewart Sarkozy stewart at oweesta.org
Wed Mar 4 17:09:28 EST 2009


Request for Public Comment: CDFI Program Application
<http://service.govdelivery.com/service/view.html?code=USTREASCDFI_2>  
March 3, 2009 
[CDFI-2009-10] 

Request for Public Comment: 
Community Development Financial Institutions Program Application

Washington, DC - The U.S. Department of 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, Pub. L. No. 104-13 (44
U.S.C. 3506(c)(2)(A)). Currently, the Community Development Financial
Institutions (CDFI) Fund is soliciting comments on the CDFI Program
Application.

This application should be referenced for the purpose of providing
comments on the use of the application to collect information only; it
should not be completed and submitted as a request for funding. Written
comments should be received on or before May 4, 2009 to be assured of
consideration.

The CDFI Program was established by the Community Development and
Regulatory Improvement Act of 1994 to use federal resources to invest in
and build the capacity of CDFIs to serve low-income people and
communities lacking adequate access to affordable financial products and
services.  Through the CDFI Program, the CDFI Fund provides Financial
Assistance awards to CDFIs that have Comprehensive Business Plans for
creating demonstrable community development impact through the
deployment of credit, capital, and financial services within their
respective Target Markets or the expansion into new Investment Areas,
Low-Income Targeted Populations, or Other Targeted Populations.  It also
provides Technical Assistance grants to CDFIs and entities proposing to
become CDFIs in order to build their capacity to better address the
community development and capital access needs of their existing or
proposed Target Markets and/or to become certified CDFIs.  The
regulations governing the CDFI Program are found at 12 CFR Part 1805 and
provide guidance on evaluation criteria and other requirements of the
CDFI Program.

View Related Federal Register Notice
<http://www.cdfifund.gov/docs/2009/cdfi/2009%20PRA%20Notice%20CDFI%20Pro
gram%20Application.pdf> 

Materials for Public Comment:

CDFI Program Application
<http://www.cdfifund.gov/docs/2009/cdfi/Combined%20Application%20FY2009%
20FINAL.pdf>  
CDFI Program Application Charts 
<http://www.cdfifund.gov/docs/2009/cdfi/2009%20Excel%20Charts%20Workbook
%20FINAL.xls> 2009 CDFI Program - Environmental Review Form
<http://www.cdfifund.gov/docs/2009/cdfi/Environmental%20Review.doc>  
2009 CDFI Program - 501(c)(4) Form
<http://www.cdfifund.gov/docs/2009/cdfi/2009%20Template%20-%20501C4%20Ce
rtification.dot>  
2009 CDFI Program - Comprehensive Business Plan
<http://www.cdfifund.gov/docs/2009/cdfi/2009%20Template%20-%20Comprehens
ive%20Business%20Plan.doc> 

  

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