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Treasury Directive 13-05

 Date: October 31, 2013

SUBJECT: Delegation of Authority for Administering the Community Development Financial Institutions Fund

 
1.   PURPOSE.  This Directive delegates to the Director, Community Development Financial Institutions Fund, authorities relating to the Community Development Financial Institutions Fund, a wholly owned government corporation within the Department of the Treasury.
 
2.    SCOPE.  This Directive applies to the Community Development Financial Institutions Fund.  The provisions of this Directive shall not be construed to interfere with or impede the authorities or independence of the Department’s Inspectors General.
 
3.   DELEGATION 
 
a.  Pursuant to Treasury Order (TO) 101-20, this Directive delegates to the Director, Community Development Financial Institutions Fund, all duties, powers, rights, and obligations vested by TO 101-20 in the Under Secretary for Domestic Finance for purposes of administering the Community Development Financial Institutions Fund.
 
b.  The Director, Community Development Financial Institutions Fund, is designated as an officer of the Community Development Financial Institutions Fund pursuant to section 104(b)(3) of the Community Development Banking and Financial Institutions Act of 1994, subtitle A of title I of the Riegle Community Development and Regulatory Improvement Action of 1994, P.L. 103-325 (12 U.S.C. 4703(b)(3)).
 
4.   REPORTING.  The Director, Community Development Financial Institutions Fund, shall report to the Deputy Assistant Secretary for Small Business, Community Development, and Affordable Housing Policy (the Deputy Assistant Secretary).
 
5.   REDELEGATION.  The Director, Community Development Financial Institutions Fund, may redelegate in writing to officers of the Community Development Financial Institutions Fund such of the authority granted under this Directive as the Director deems appropriate. 
 
6.   AUTHORITY.  TO 101-20, “Administering the Community Development Financial Institutions Fund,” dated August 14, 1995 and reaffirmed September 2, 2000.
 
7.   RATIFICATION.  Any action heretofore taken that is consistent with this Directive is hereby affirmed and ratified.
  
8.   OFFICE OF PRIMARY INTEREST.  Office of the Under Secretary for Domestic Finance.
 
                                                                 
 /S/
Mary J. Miller
Under Secretary for Domestic Finance
Last Updated: 11/5/2013 10:30 AM

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