7 CFR 1951-R, Rural Development Loan Servicing

Forms and Documents

Document Name	Status
Form RD 1951-4 7 CFR 1951-R, Rural Development Loan Servicing Form and Instruction	Modified
1951-R Supporting Statement 3-30-15.docx Supporting Statement A	2015-03-30
Copy of Copy of Copy of 1951-R Spreadsheet_3-30-15.xlsx Supplementary Document	2015-03-30

IC Document Collections

IC ID	Document Title	Status
1666	7 CFR 1951-R, Rural Development Loan Servicing Form and Instruction	Modified

ICR Details

OMB Control No: 0570-0015	ICR Reference No: 201503-0570-001
Status: Historical Active	Previous ICR Reference No: 201112-0570-001
Agency/Subagency: USDA/RBS	Agency Tracking No:
Title: 7 CFR 1951-R, Rural Development Loan Servicing
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/08/2015
	Date Received in OIRA: 03/30/2015
Terms of Clearance: In accordance with 5 CFR 1320, OMB is approving the collection for three years. As terms of clearance, OMB requires the Agency to provide instructions for filling out the forms as part of its subsequent review package.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2018	36 Months From Approved	09/30/2015
Responses	3,701	0	4,638
Time Burden (Hours)	11,128	0	12,457
Cost Burden (Dollars)	0	0	0

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Abstract: Regulation promulgates the policies and procedures for servicing or liquidating loans made by Rural Development under the Intermediary Relending Program to eligible intermediaries and applies to ultimate recipients and other involved partied.

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Authorizing Statute(s): PL: Pub.L. 99 - 198 1323 Name of Law: Food Security Act of 1985
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 2096	01/15/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 15750	03/25/2015
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
7 CFR 1951-R, Rural Development Loan Servicing	RD 1951-4	Report of IRP/RDLF Lending Activity

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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	3,701	4,638	0	0	-937	0
Annual Time Burden (Hours)	11,128	12,457	0	0	-1,329	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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: No

Burden Reduction Due to:

Short Statement: The decrease in the number of responses and burden hours are a result of all 20 RDLF loans being paid out of the program.

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Annual Cost to Federal Government: $2,948,075

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]? 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

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Common Form ICR:  No

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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: 03/30/2015

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