In accordance with 5 CFR 1320, the information collection is approved for three years.
Inventory as of this Action
Requested
Previously Approved
12/31/2022
36 Months From Approved
12/31/2019
167
0
87
2,728
0
618
0
0
0
This regulation governs the Water and Waste Disposal Guaranteed Loan program that provides loans to public agencies, non-profit corporations and Indian Tribes for development of water and waste disposal facilities primarily serving rural residents. The information collected is utilized to determine applicant/borrower eligibility, project feasibility, and to ensure borrowers operate on a sound basis and use loan funds for authorized purposes.
US Code:
7 USC 1926
Name of Law: Consolidated Farm and Rural Development Act
The increase of burden hours from 618 in the previous collection to 2,728 burden hours for this collection is due to a clarification for servicing requirements and inclusion of all financial statements due rather than just audited.
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.