CDFI Fund Seeks Public Comment on Certification of Material Events Form

The U.S. 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 take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the Community Development Financial Institutions Fund (CDFI Fund), U.S. Department of the Treasury is soliciting comments concerning the Certification of Material Events Form.

The Certification of Material Events Forms are required per all Assistance, Award, Allocation, Certification, and Bond Loan Agreements. The form must be submitted when an entity experiences an organizational change that may lead to or actually cause a violation of any terms and conditions of their Agreement, or violations of any relevant regulations, or laws. Additionally, certified Community Development Financial Institutions and Community Development Entities must report any condition or event that may cause the entity to no longer meet one or more certification criteria.

Key Updates Include:

Modifications were made to the Material Events Form to reflect new program policies, changes to existing Agreements and to reflect OMB recommendations.

Comments must be received no later than 60 days after the date of publication of the Federal Register notice. Comments should be submitted electronically via the e-Rulemaking Portal: www.regulations.gov.

Questions related to the Notice and Request for Public Comment can be directed to Trefor Henry, CDFI Fund, U.S. Department of the Treasury, 1500 Pennsylvania Avenue, NW, Washington, D.C. 20220, or by email to ccme@cdfi.treas.gov. Other information regarding the CDFI Fund and its programs may be obtained on the CDFI Fund website at https://www.cdfifund.gov.

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