7 CFR 1980-D, Rural Housing Loans

OMB Control No: 0575-0078	ICR Reference No: 201004-0575-001
Status: Historical Active	Previous ICR Reference No: 200609-0575-002
Agency/Subagency: USDA/RHS	Agency Tracking No:
Title: 7 CFR 1980-D, Rural Housing Loans
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/24/2010
Retrieve Notice of Action (NOA)	Date Received in OIRA: 06/11/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2013	36 Months From Approved	09/30/2010
Responses	1,141,794	0	248,151
Time Burden (Hours)	745,505	0	120,392
Cost Burden (Dollars)	0	0	0

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Abstract: Regulation promulgates the policies and procedures authorizing loan guarantees for Single Family Housing loans made by approved lenders in order to make credit available for households unable to get credit without the loan guarantee.

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Authorizing Statute(s): PL: Pub.L. 103 - 354 517(d) Name of Law: Title V of the Housing Act of 1949

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 13074	03/18/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 32735	06/09/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title Form No. Form Name 7 CFR 1980-D, Rural Housing Loans RD 1980-21, RD 1980-16, RD 1980-17, RD 1980-18, RD 1980-86, RD 1980-13, RD 1980-20 Annual Interest Assistance Agreement ,   Agreement for Participation in SFH Guaranteed/Insured Loan Programs ,   Loan Note Guarantee ,   Conditional Committment ,   Rural Housing Guarantee Report of Loss ,   Request for SFH Loan Guarantee ,   Request for Reservation of Funds Section 502 - Lender's Portion RD 1980-86, RD 1980-18, RD 1980-11, RD 1980-13, RD 1980-17, RD 1980-16, RD 1980-20, RD 1980-21, RD 1980-12 Lender Record Change ,   Interest Assistance with Promissory Note ,   Annual Interest Assistance Agreement ,   Agreement for Participation ,   Conditional Committment ,   Request for Reservation of Funds ,   Request for Single Family Housing Loan Guarantee ,   Report of Loss ,   Loan Note Guarantee

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	1,141,794	248,151	0	0	893,643	0
Annual Time Burden (Hours)	745,505	120,392	0	0	625,113	0
Annual Cost Burden (Dollars)	0	0	0	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 increase of 625,113 burden hours is a combination of correcting the omission of burden for the URLA application on the previous submission spreadsheet. Increase is also attributed to considered is a change in the average loan amount, additional lenders participating in the program, due to a change in the program funding level and a keener interest by industry partners and demand from the public.

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Annual Cost to Federal Government: $19,362,183

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

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? 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]? Uncollected

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: Debra Terrell 202 720-0099 [email protected]

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Common Form ICR:  No

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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:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(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;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
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.
Certification Date: 06/11/2010

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