REGULATION PRESCRIBES THE POLICIES AND
PROCEDURES AND AUTHORIZATIONS F IMPLEMENTING A "PREDETERMINED
AMORTIZATION SCHEDULE SYSTEM (PASS) FOR FMHA MULTIPLE FAMILY
HOUSING BORROWERS. REGULATION IS ALSO BEING REVISED TO IMPLEMENT A
NEW FORM WHICH IS NEEDED TO IMPROVE PROCESSING OF TENANT CHANGES,
SO COMMUNICATION BETWEEN FMHA AND THE BORROWERS IS STREAMLINED,
BORROWERS CAN AVOID PENALTIES AND FMHA CAN IMPROVE INTERN
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.