View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1559-0024	ICR Reference No: 202002-1559-002
Status: Historical Active	Previous ICR Reference No: 201609-1559-003
Agency/Subagency: TREAS/CDFIF	Agency Tracking No:
Title: New Markets Tax Credit (NMTC) Program Allocation and Qualified Equity Tracking (AQEI) System
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 04/23/2020
	Date Received in OIRA: 02/27/2020
Terms of Clearance: Responses to public comments clarified in supporting statement during review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2023	36 Months From Approved	04/30/2020
Responses	1,872	0	5,940
Time Burden (Hours)	2,808	0	5,940
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	1,872	5,940	-4,068
Annual Time Burden (Hours)	2,808	5,940	-3,132
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The CDFI Fund has removed unused data points from this collection; however, the overall burden per response is being increased by 30 minutes due to an adjustment in agency estimates. The Fund believes that 1.5 hours is a more accurate estimate of the time required per response. The total number of respondents and responses is being reduced based on updated data on the current number of Allocatees reporting in the system.

Annual Cost to Federal Government: $6,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Trefor Henry 2026224130 Henryt@cdfi.treas.gov

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