Prior terms of
clearance continue to apply: FHFA is approved this collection with
the following terms of clearance: FHFA will submit to OMB the final
electronic instrument of any survey approved under this control
number prior to administering the survey.
Inventory as of this Action
Requested
Previously Approved
04/30/2011
6 Months From Approved
02/28/2011
220
0
220
54
0
54
0
0
0
The Office of Housing and Community
Investment (OHCI) of the Federal Housing Finance Agency is using
surveys and open-forum discussions to conduct research and outreach
initiatives to determine ways to enhance the Federal Home Loan
Bankscapacity to meet the nations unmet economic development
credit needs. At the conclusion of these processes, OHCI expects to
amend the Community Investment Cash Advance (CICA) Regulation (12
CFR Part 952) in late 2011. OHCI is conducting research and
outreach initiatives in two phases. The first phase consisted of
two on-line surveys and open-forum discussion sessions held in
August and September 2010 at Federal Home Loan Banks in Pittsburgh,
San Francisco, Atlanta, Boston, Dallas, and Des Moines. This
request for an emergency ICR approval is for the second phase of
the research and outreach initiatives. OHCI will host a two-day
Economic Development Conference on October 25-26, 2010 in
Washington, D.C. This event will be attended by OHCI staff, FHLBank
staff and approximately 100 community and economic development
practitioners and experts from all segments of the community
development field. Practitioners and experts will discuss current
and future national economic development issues, financing
challenges, opportunities in the field and best practices. One of
the surveys, the Economic and Community Development Trade
Associations Survey (formerly Economic and Community Development
Trade Groups), that was part of the collection of information that
was approved on August 19, 2010 has been substantively revised for
its use in October. Therefore, FHFA is requesting emergency review
of these revisions, in addition to the general use of the other
three surveys in October. This revision did not result in a change
in burden.
This request meets the
criteria of 5 CFR § 1320.13 in that the collection of information
is needed prior to the expiration of time periods established under
5 CFR part 1320, it is essential to the mission of FHFA, and FHFA
cannot reasonably comply with the normal clearance procedures
because the use of normal clearance procedures, which take at least
90 days, will prevent the collection of information which is
expected to begin October 13, 2010.
US Code:
12 USC 4501 et seq. Name of Law: Federal Housing Enterprises
Financial Safety and Soundness Act
Charles McLean 202 408-2537
charles.mclean@fhfa.gov
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:
(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.