View Information Collection Request (ICR) Package
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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:
0575-0066
ICR Reference No:
202102-0575-005
Status:
Historical Inactive
Previous ICR Reference No:
202004-0575-002
Agency/Subagency:
USDA/RHS
Agency Tracking No:
Title:
7 CFR 1951-E, Servicing of Community and Direct Business Programs Loans and Grants
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Improperly submitted and continue
Conclusion Date:
06/02/2021
Retrieve Notice of Action (NOA)
Date Received in OIRA:
05/27/2021
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
05/31/2021
36 Months From Approved
06/30/2021
Responses
12,735
0
12,735
Time Burden (Hours)
18,475
0
18,475
Cost Burden (Dollars)
0
0
0
Abstract:
Regulation promulgates the policies and procedures for servicing actions necessary in connection with community facilities loans and grants and insured business and industry loans. The Agency offers supervised credit to build and operate modest housing, water and sewer systems, essential community facilities, and business and industrial operations in rural areas.
Authorizing Statute(s):
PL:
Pub.L. 109 - 171 331 and 335
Name of Law: Consolidated Farm and Rural Development Act, as amended
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
85 FR 16324
03/23/2020
30-day Notice:
Federal Register Citation:
Citation Date:
86 FR 28525
05/27/2021
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
2
IC Title
Form No.
Form Name
7 CFR 1951-E, Servicing of Community and Direct Business Programs Loans and Grants - Private Sector
RD400-4, RD-1951-10, 1951-15, 465-1, 465-5, 1951-33, RD 442-2, RD 1942-46, RD 442-7, RD 442-3
Reamortization Request
,
Community Programs Workout Agreement
,
Community Programs Assumption Agreement
,
Application for Partial Release, Subordination, or Consent
,
Transfer of Real Estate Security
,
Assurance Agreement
,
Statement of Budget, Income, and Equity
,
Balance Sheet
,
Letter of Intent to Meet Conditions
,
Operating Budget
7 CFR 1951-E, Servicing of Community and Direct Business Programs Loans and Grants - State, Local & Tribal
RD400-4, 1951-33, 1051-15, 1951-10, 465-01, 465-05, RD 442-2, RD 442-3, RD 1942-46, RD 442-7
Application for Partial Release, Subordination, or Consent
,
Transfer of Real Estate Security
,
Community Programs Workout Agreement
,
Comminity Programs Assumption Agreement
,
Reamortization Request
,
Assurance Agreement
,
Statement of Budget, Income, and Equity
,
Balance Sheet
,
Letter of Intent to Meet Conditions
,
Operating Budget
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
Yes
Burden Reduction Due to:
Miscellaneous Actions
Short Statement:
Due to an increase of funding availability and initiatives that occurred over the past few years for the direct Community Facilities loan program, a request for an additional increase of 138 responses and 123 burden hours is being requested and will result in an increase of the number of responses to 1,773 and the number of burden hours to 1,663. However, due to the COVID 19 pandemic, on April 1, 2020, a Non-substantive Change Request was submitted to OMB to include a new request for Forbearance and Forbearance Agreement Written Forms for Sections 515 and 538 borrowers resulting in an increase of 12, 735 responses and 18,475 burden hours. The Non-substantive Change Request was approved on February 1, 2021 however, the Forbearance and Forbearance Agreement Written Forms did not apply to the Direct Community Facilities Loan Program and the form are therefore being removed from the collection. Removal of the forms resulted in the decrease of the number of responses back to its original request of 1,773 the number of responses and 1,663 burden hours for this collection.
Annual Cost to Federal Government:
$3,353,196
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.
Yes
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?
Yes
Agency Contact:
Anita Outen 202 720-1497 anita.outen@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:
05/27/2021