Please note that an information collection renewal that simply adjusts the estimate of the number of responses or the burden hours, but otherwise does not modify the information collection, should be submitted as an "Extension without Change" and not as a "Revision" of a currently approved collection.
Inventory as of this Action
Requested
Previously Approved
11/30/2012
36 Months From Approved
11/30/2009
33,837
0
13,466
3,383
0
1,346
0
0
0
Applicants are required to provide credit information to the Agency in order for the Agency to determine applicant's eligibility and credit worthiness.
US Code:
42 USC 1472
Name of Law: Housing Act of 1949
The total annual burden hours increased because three credit references are needed instead of one. The three credit references are a better indicator of the applicant's ability and willingness to repay debt, which enables Rural Housing Service to make better credit decisions and potentially reduce delinquency rates.
$53,316
No
No
Uncollected
Uncollected
No
Uncollected
Migdaliz Bernier 2026903833
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form RD 410-8 Applicant Reference Letter (A Request for Credit References)
0575-0091 SuptStmt-rev.DOC
Spreadsheet 410-8FY09.xls
Applicant Reference Letter (A Request for Credit References)