In accordance with 5 CFR 1320, this information collection has been approved for 3 years.
Inventory as of this Action
Requested
Previously Approved
03/31/2019
36 Months From Approved
04/30/2016
3,326
0
2,383
24,580
0
17,599
0
0
0
The information requested is necessary for RBS to be able to process applications in a responsible manner, make prudent credit program decisions, and effectively monitor the intermediaries' activities to protect the Government's financial interest and ensure that funds obtained from the Government are use appropriately.
US Code:
42 USC 9812(a)
Name of Law: Community Economic Development Act of 1981
An increase in number of respondents caused a subsequent increase in responses by 943 and hours by 6,981. Also, the inclusion of burden for RD forms previously accounted for under other OMB numbers attributed to the increase.
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.