Notice2021-15330
Agency Information Collection Activities: Proposed Collection; Comment Request; Community Development Revolving Loan Fund-Loan and Grant Programs
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 20, 2021
Issuing agencies
National Credit Union Administration
Abstract
The National Credit Union Administration (NCUA), as part of a continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to comment on the following extension of a currently approved collection, as required by the Paperwork Reduction Act of 1995.
Full Text
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<title>Federal Register, Volume 86 Issue 136 (Tuesday, July 20, 2021)</title>
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[Federal Register Volume 86, Number 136 (Tuesday, July 20, 2021)]
[Notices]
[Pages 38361-38362]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-15330]
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NATIONAL CREDIT UNION ADMINISTRATION
Agency Information Collection Activities: Proposed Collection;
Comment Request; Community Development Revolving Loan Fund--Loan and
Grant Programs
AGENCY: National Credit Union Administration (NCUA).
ACTION: Notice and request for comment.
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SUMMARY: The National Credit Union Administration (NCUA), as part of a
continuing effort to reduce paperwork and respondent burden, invites
the general public and other Federal agencies to comment on the
following extension of a currently approved collection, as required by
the Paperwork Reduction Act of 1995.
DATES: Written comments should be received on or before September 20,
2021 to be assured consideration.
ADDRESSES: Interested persons are invited to submit written comments on
the information collection to Mackie Malaka, National Credit Union
Administration, 1775 Duke Street, Suite 6060, Alexandria, Virginia
22314; email at <a href="/cdn-cgi/l/email-protection#8bdbd9cac8e4e6e6eee5fff8cbc5c8decaa5ece4fd"><span class="__cf_email__" data-cfemail="40101201032f2d2d252e3433000e0315016e272f36">[email protected]</span></a>. Given the limited in-house staff
because of the COVID-19 pandemic, email comments are preferred.
FOR FURTHER INFORMATION CONTACT: Address requests for additional
information to Mackie Malaka at the address above or telephone 703-548-
2704.
SUPPLEMENTARY INFORMATION:
OMB Number: 3133-0138.
Title: Community Development Revolving Loan Fund--Loan and Grant
Programs, 12 CFR part 705.
Type of Review: Extension of a currently approved collection.
Abstract: NCUA's Community Development Revolving Loan Fund (CDRLF
or Fund) was established by Congress (Pub. L. 96-123, November 20,
1979) to stimulate economic development in low-income communities. Part
705 was adopted by the Board under section 130 of the Federal Credit
Union Act (12 U.S.C. 1772c-1), which implements the Community
Development Credit Union Revolving Loan Fund Transfer Act (Pub. L. 99-
609, 100 Stat.3475 (Nov. 6. 1986)).
The Fund is used to support credit unions that serve low-income
communities by providing loans and technical assistance grants to
qualifying institutions. The programs are designed to increase income,
ownership, and employment opportunities for low-income residents, and
to stimulate
[[Page 38362]]
economic growth. In addition, the programs provide assistance to
improve the quality of services to the community and formulate more
effective and efficient operations of credit unions. The information
will allow NCUA to assess a credit union's capacity to repay the Funds
and/or ensure that the funds are used as intended to benefit the
institution and community it serves.
Affected Public: Private Sector: Not-for-profit institutions.
Estimated No. of Respondents: 450 Grant program; 4 Loan program.
Estimated No. of Responses per Respondent: Once.
Estimated Total Annual Responses: 785 Grant program; 14 Loan
program.
Estimated Burden Hours per Response: 0.95.
Estimated Total Annual Burden Hours: 760.
Request for Comments: Comments submitted in response to this notice
will be summarized and included in the request for Office of Management
and Budget approval. All comments will become a matter of public
record. The public is invited to submit comments concerning: (a)
Whether the collection of information is necessary for the proper
execution of the function of the agency, including whether the
information will have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information,
including the validity of the methodology and assumptions used; (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
the information on the respondents, including the use of automated
collection techniques or other forms of information technology.
By Melane Conyers-Ausbrooks, Secretary of the Board, the
National Credit Union Administration, on July 14, 2021.
Dated: July 14, 2021.
Mackie I. Malaka,
NCUA PRA Clearance Officer.
[FR Doc. 2021-15330 Filed 7-19-21; 8:45 am]
BILLING CODE 7535-01-P
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