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Departmental Offices/Community Development Financial Institution (CDFI) Fund
OMB Number: 1559-0014.
Form Number: CDFI Form 0019.
Type of Review: Revision.
Title: New Markets Tax Credit (NMTC) Program—Community Development Entity (CDE) Certification Application.
Description: The purpose of the New Markets Tax Credit (NMTC) Program is to provide an incentive to investor in the form of a tax credit, which is expected to stimulate investment in new private capital that will facilitate economic and community development in low-income communities. Applicants must be certified as CDEs to apply for an allocation of tax credit activity under the NMTC Program.
Respondents: Business or other for-profit, not-for-profit institutions, State, local or tribal government.
Estimated Number of Respondents: 500.
Estimated Burden Hours Per Respondent: 5 hours.
Frequency of Response: Annually.
Estimated Total Reporting Burden: 2,500 hours.
Clearance Officer: Lois K. Holland, (202) 622-1563, Departmental Offices, Suite 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.
OMB Reviewer: Joseph F. Lackey, Jr., (202) 395-7316, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503.Start Signature
Lois K. Holland,
Departmental Reports, Management Officer.
[FR Doc. 03-10988 Filed 5-2-03; 8:45 am]
BILLING CODE 4810-35-P