In accordance with 5 CFR 1320, OMB is approving the collection for three years.
Inventory as of this Action
Requested
Previously Approved
11/30/2021
36 Months From Approved
11/30/2018
3,741
0
3,701
11,253
0
11,128
0
0
0
Regulation promulgates the policies and procedures for servicing or liquidating loans made by Rural Development under the Intermediary Relending Program to eligible intermediaries and applies to ultimate recipients and other involved partied.
The number of respondent increased from 445 to 450. There is also an increase of 40 and 125 in responses and burden hours respectively. This is due to the small increase in the number of respondents since the last submission
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.