FEMA Form 086Â0Â32 (previously FEMA Form 81Â93), SFHDF is used by regulated lending institutions, federal agency lenders, related lenders/regulators, and the Government. Federally regulated lending institutions complete this form when making, increasing, extending, renewing or purchasing each loan for the purpose is of determining whether flood insurance is required and available. The form may also be used by property owner, insurance agents, realtors, community officials for flood insurance related documentation.
PL:
Pub.L. 103 - 325 528
Name of Law: National Flood Insurance Reform Act of 1994
US Code:
44 USC 65.16
Name of Law: Title 44, Emergency Management and Assistance
FEMA estimates the annual burden hours associated with previous information collection was 15,330,632 hours (46,456,460 respondents x 0.58 hours per respondent). FEMA estimates the time associated with developing and updating the FEMA Flood Insurance Rate MAP decreased by 8,783,367 hours. There were 26,616,265 respondents and each respondent estimated 0.33 hours. Because the number of respondents has changed, the expected time to revise the information is 8,783,367 hours (26,616,265 respondents x 0.33 hours). Currently, a GS 13 Step 13 employee in Washington DC with salary of $ 119,004 reviews the forms. Cumulatively, FEMA anticipates the time to make the report available will decrease by 6,547,265 hours (15,330,632 - 8,783, 367).
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.