View Information Collection Request (ICR) Package

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: 2590-0007	ICR Reference No: 201803-2590-002
Status: Historical Inactive	Previous ICR Reference No: 201611-2590-001
Agency/Subagency: FHFA	Agency Tracking No:
Title: Affordable Housing Program (AHP)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 06/06/2018
Retrieve Notice of Action (NOA)	Date Received in OIRA: 03/14/2018
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. The agency will respond to all comments received on the proposed rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2020	36 Months From Approved	03/31/2020
Responses	20,650	0	20,650
Time Burden (Hours)	115,750	0	115,750
Cost Burden (Dollars)	5,984,898	0	5,984,898

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: FHFA has published a proposed rule that would make a number of substantive and other revisions to 12 CFR part 1291, including revisions to some of the regulation’s information collection requirements. On balance, FHFA anticipates that the proposed rule would decrease information collection burdens somewhat on a per-submission basis. Nonetheless, FHFA anticipates that the total burden associated with this information collection would increase somewhat due to two factors. First, FHFA expects that more projects would qualify for AHP subsidy under the proposed rule than under the existing regulation and that this would lead to an increase in the total number of applications for AHP subsidy submitted to the Federal Home Loan Banks. Second, apart from any effect of the proposed rule, FHFA expects that higher Bank income will lead to an increase in the amount of money available to fund the Banks’ AHP programs, which will likely lead to the approval of a greater number of AHP applications. More AHP projects outstanding would, in turn, lead to a higher overall number of monitoring and compliance submissions associated with those projects.

Annual Cost to Federal Government: $15,200

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Eric Raudenbush 202 414-6421 eric.raudenbush@fhfa.gov