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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
0575-0172
ICR Reference No:
200702-0575-002
Status:
Historical Active
Previous ICR Reference No:
200610-0575-004
Agency/Subagency:
USDA/RHS
Agency Tracking No:
Title:
Direct Single Family Housing Loan and Grant Programs, 7 CFR 3550 - HB-1-3550, and HB-2-3550
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved with change
Conclusion Date:
08/14/2007
Retrieve Notice of Action (NOA)
Date Received in OIRA:
02/20/2007
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
08/31/2010
36 Months From Approved
02/28/2009
Responses
1,728,587
0
1,713,276
Time Burden (Hours)
576,325
0
454,529
Cost Burden (Dollars)
0
0
0
Abstract:
The information collected in this package will be to assist individuals in obtaining affordable housing, a borrowers house payment may be subsidized to an interest rate as low as 1%. The amount of subsidy is based on the borrowers household income. The information requested by RHS is vital to be able to process applications for RHS assistance and make prudent credit and program decisions. It includes borrowers financial information such as household income, assets and liabilities and monthly expenses. Without this information the Agency would be unable to determine if a borrower would qualify for services or if assistance has been granted to which the customer would not be eligible under current regulations and statutes.
Authorizing Statute(s):
PL:
Pub.L. 102 - 550 501, 502 & 504
Name of Law: Title V of the Housing Act of 1949, as amended
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
0575-AC54
Final or interim final rulemaking
72 FR 23
02/05/2007
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
71 FR 43
03/06/2006
30-day Notice:
Federal Register Citation:
Citation Date:
71 FR 43
03/06/2006
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
7 CFR 3550 - Direct Single Family Housing Loan and Grant Programs, HB-1-3550, and HB-2-3550
RD 3550-06, RD 3550-04, RD 3550-30, RD 1955-45, RD 3550-21, RD 1951-34, RD 1955-01, RD 1955-42, RD 3550-01, RD 3550-10, RD 3550-22, RD 1955-46, RD 3550-02, RD 3550-07, RD 3550-09, RD 3550-11, RD 3550-20, RD 3550-23, RD 3550-15, RD 3550-18, RD 3550-12, RD 1944-62, RD 1944-B6
Request for Verification of Deposit
,
Deferred Payment Computation
,
Offer to Convey Security
,
Open Real Property Master Listing Agreement
,
Standard Sales Contract Sale of Property by the United States
,
Invitation, Bid, and Acceptance Sale of Real Prpoerty by the United States
,
Authorization to Release Information
,
Request for Verification of Gift/Gift Letter
,
Employment Certification
,
Funding Commitment
,
Initial Escrow Account Disclosure Statement
,
Condominium Rider
,
Planned Unit Development Rider
,
Subsidy Repayment Agreement
,
Tax Information
,
Reamortization Agreement
,
Application for Settlement of Indebtedness
,
Rural Housing Service Payment Subsidy Renewal Certification
,
Assumption Agreement Single Family Housing
,
Applicant Orientation Guide
,
Direct Payment Change Plan
,
Notice of Special Flood Hazards, Flood Insurance Purchase Requirements, and Availability of Federal Disaster Relief Assistance
,
Verification of Debt Proposed for Refinancing
7 CFR 3550 - Private Sector
RD 3550-10, RD 3550-20, RD 1951-34, RD 3550-22, RD 3550-07, RD 3550-06, RD 3550-09, RD 3550-04, RD 3550-01, RD 3550-11, RD 3550-12, RD 3550-23, RD 1944-62, RD 3550-18, RD 1955-01, RD 1955-42, RD 1955-46, RD 1955-45, RD 3550-15, RD 3550-21, RD 3550-02
Authorization to Release Information
,
Request for Verification of Gift/Gift Letter
,
Employment Certification
,
Notice of Special Flood Hazard...
,
Mortageg Loan Commitment
,
Initial Escrow Account Disclosure Statement
,
Condominium Rider
,
Planned Unit Development Rider
,
Subsidy Repayment Agreement
,
Applicant Orientation Guide
,
Request for Verification of Deposit
,
Reamortization Agreement
,
Offer to Convey Security
,
Open Real Property Master Listing Agreement
,
Invitation, Bid and Accpetance - Sale of Real Property
,
Standard Sales Contract - Sale of Real Property
,
Tax Information
,
Application for Settlement of Indebtedness
,
Assumption Agreement
,
Payment Subsidy Renewal Certification
,
Dirct Payment Change Plan
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
1,728,587
1,713,276
0
0
15,311
0
Annual Time Burden (Hours)
576,325
454,529
0
121,768
28
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Changing Regulations
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
This final rule is adopting homeownership education requirements resulting in a program change increase of 121,768 burden hours. There is an adjustment increase of 28 hours comprised of 18 hours for previously approved form 3550-30 and 10 hours to correct an error in OMB's inventory hours.
Annual Cost to Federal Government:
$105,290,364
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]?
Uncollected
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)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Janet Carter 202 720-1489 janet.carter@wdc.usda.gov
Common Form ICR:
No
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:
02/20/2007
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