60-Day published 84 FR 26643

2019-11983.pdf

Rural Cooperative Development Grants - 7 CFR 4284-F

60-Day published 84 FR 26643

OMB: 0570-0006

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 84, No. 110 / Friday, June 7, 2019 / Notices
Send comments on or before
August 6, 2019.
ADDRESSES: Written comments
concerning this notice and requests for
copies of the information collection may
be submitted by any of the following
methods: Email: rmartin@nifa.usda.gov;
Mail: Office of Information Technology
(OIT), NIFA, USDA, STOP 2216, 1400
Independence Avenue SW, Washington,
DC 20250–2216.
FOR FURTHER INFORMATION CONTACT:
Robert Martin, eGovernment Program
Leader; Email: rmartin@nifa.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: Children, Youth, and Families
at Risk (CYFAR) Year End Report.
OMB Number: 0524–0043.
Expiration Date of Current Approval:
April 30, 2019.
Type of Request: Intent to seek
renewal and extension of a currently
approved information collection for
three years.
Abstract: Funding for the Children,
Youth, and Families at Risk (CYFAR)
community project grants is authorized
under section 3(d) of the Smith-Lever
Act (7 U.S.C. 341 et seq.), as amended,
and other relevant authorizing
legislation, which jurisdictional basis
for the establishment and operation of
Extension educational work for benefit
of youth and families in communities.
CYFAR funding program supports
community-programs serving children,
youth, and families in at-risk
environments.
CYFAR funds are intended to support
the development of high quality,
effective programs based on research
and to document the impact of programs
on intended audiences. The CYFAR
Year End Report collects demographic
and impact data from each community
site to conduct impact evaluations of the
programs on its intended audience. The
collection of information serves several
purposes. It allows NIFA staff to gauge
if the program is reaching the target
audience and make programmatic
improvements. This collection also
allows program staff to demonstrate the
impacts and capacity that is developed
in the locales where federal assistance is
provided.
The evaluation processes of CYFAR
are consistent with the requirements of
Congressional legislation and OMB. The
Government Performance and Results
Act (GPRA) of 1993 (Pub. L. 103–62),
the Federal Activities Inventory Reform
Act (FAIR) (Pub. L. 105–207), and the
Agricultural, Research, Extension and
Education Reform Act (AREERA) of
1998 (Pub. L. 105–185), together with
OMB requirements, support the
reporting requirements requested in this

jbell on DSK3GLQ082PROD with NOTICES

DATES:

VerDate Sep<11>2014

18:13 Jun 06, 2019

Jkt 247001

information collection. One of the five
Presidential Management Agenda
evaluation to be conducted to determine
whether federally funded agricultural
research, extension, and education
programs result in public goods that
have national or multi-state
significance. The immediate need of this
information collection is to provide a
means for satisfying accountability
requirements. The long-term objective is
to provide a means to enable the
evaluation and assessment of the
effectiveness of programs receiving
federal funds and to fully satisfy
requirements of performance and
accountability legislation in GPRA, the
FAIR Act, and AREERA.
Estimate of Burden: There are
currently CYFAR projects in 40 states.
Each state and territory is required to
submit an annual year-end report which
includes demographic and impact data
on each of the community projects.
NIFA estimates the burden of this
collection to be 322 hours per response.
There are currently 51 respondents, thus
making the total annual burden of this
collection an estimated 12,880 hours.
Respondents: The only respondents
are not-for-profit institutions.
Comments: Comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Agency, including whether the
information will have practical utility;
(b) the accuracy of the Agency’s
estimate of the burden of the proposed
collection of information; (c) ways to
enhance the quality, utility and clarity
of the information to be collected; and
(d) ways to minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
All responses to this notice will be
summarized and included in the request
to OMB for approval. All comments will
become a matter of public record.
Done in Washington, DC, this 21st day of
May 2019.
Steve Censky,
Deputy Secretary, U.S. Department of
Agriculture.
[FR Doc. 2019–11926 Filed 6–6–19; 8:45 am]
BILLING CODE 3410–22–P

PO 00000

Frm 00003

Fmt 4703

Sfmt 4703

26643

DEPARTMENT OF AGRICULTURE
Rural Business-Cooperative Service
Information Collection Activity;
Comment Request
Rural Business-Cooperative
Service, USDA.
ACTION: Notice; comment requested.
AGENCY:

In accordance with the
Paperwork Reduction Act of 1995, this
notice announces the Rural BusinessCooperative Service’s (RBS) intention to
request an extension for a currently
approved information collection in
support of the Rural Cooperative
Development Grants program.
DATES: Comments on this notice must be
received by August 6, 2019.
FOR FURTHER INFORMATION CONTACT:
Thomas P. Dickson, Rural Development
Innovation Center—Regulatory Team 2,
USDA, 1400 Independence Avenue SW,
STOP 1522, Room 4233, South
Building, Washington, DC 20250–1522.
Telephone: (202) 690–4492. Email
Thomas.dickson@usda.gov.
SUPPLEMENTARY INFORMATION: The Office
of Management and Budget’s (OMB)
regulation (5 CFR 1320) implementing
provisions of the Paperwork Reduction
Act of 1995 (Pub. L. 104–13) requires
that interested members of the public
and affected agencies have an
opportunity to comment on information
collection and recordkeeping activities
(see 5 CFR 1320.8(d)). This notice
identifies an information collection that
RBS is submitting to OMB for extension.
Comments are invited on: (a) Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the Agency,
including whether the information will
have practical utility; (b) the accuracy of
the Agency’s estimate of the burden of
the proposed collection of information
including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility and
clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology.
Comments may be sent by any of the
following methods:
• Mail: Thomas P. Dickson, Rural
Development Innovation Center, 1400
Independence Avenue SW, STOP 1522,
Room 4233, South Building,
Washington, DC 20250–1522.
SUMMARY:

E:\FR\FM\07JNN1.SGM

07JNN1

26644

Federal Register / Vol. 84, No. 110 / Friday, June 7, 2019 / Notices

Telephone: (202) 690–4492. Email:
Thomas.Dickson@usda.gov.
• Federal eRulemaking Portal: Go to
https://www.regulations.gov. Follow the
instructions for submitting comments.
Title: Rural Cooperative Development
Grants.
OMB Number: 0570–0006.
Expiration Date of Approval:
December 31, 2019.
Type of Request: Intent to extend the
clearance for collection of information
under RD Instruction 4284–F, Rural
Cooperative Development Grants.
Abstract: The primary purpose of the
Rural Business-Cooperative Service
(RBS) is to promote understanding, use,
and development of the cooperative
form of business as a viable option for
enhancing the income of agricultural
producers and other rural residents. The
primary objective of the Rural
Cooperative Development Grants
program is to improve the economic
condition of rural areas through
cooperative development. Grants will be
awarded on a competitive basis to
nonprofit corporations and institutions
of higher education based on specific
selection criteria.
Estimate of Burden: Public reporting
burden for this collection of information
is estimated to average 15 minutes to 96
hours per response.
Respondents: Nonprofit corporations
and institutions of higher education.
Estimated Number of Respondents:
55.
Estimated Number of Responses per
Respondent: 8.56.
Estimated Number of Responses: 471.
Estimated Total Annual Burden on
Respondents: 7,264 hours.
Copies of this information collection
can be obtained from Robin M. Jones,
Innovation Center, at (202) 772–1172,
Email: robin.m.jones@usda.gov.
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
Bette B. Brand,
Administrator, Rural Business-Cooperative
Service.
[FR Doc. 2019–11983 Filed 6–6–19; 8:45 am]
BILLING CODE 3410–XY–P

DEPARTMENT OF AGRICULTURE

jbell on DSK3GLQ082PROD with NOTICES

Rural Utilities Service
Announcement of New Cushion of
Credit Program Provisions
Rural Utilities Service, USDA.
ACTION: Notice.
AGENCY:

The Rural Utilities Service
(RUS), a Rural Development agency of

SUMMARY:

VerDate Sep<11>2014

18:13 Jun 06, 2019

Jkt 247001

the United States Department of
Agriculture, is issuing this notice
regarding the new provisions affecting
RUS borrower participation in the
Cushion of Credit (CoC) program
pursuant to the Agriculture
Improvement Act of 2018, (the 2018
Farm Bill).
DATES: Effective December 20, 2018, all
future deposits into CoC accounts have
been prohibited; however, withdrawal
from these accounts is permitted for
prepayment on RUS direct or
guaranteed loans, and without penalty.
FOR FURTHER INFORMATION CONTACT: If
you have other questions or concerns,
please send your questions or comments
to: rd.nfaoc.tesb@stl.usda.gov, or you
can contact Steven Tempia, telephone
number: (314) 457–4088. A Rural
Development representative will follow
up with a response by email or phone.
Additionally, RUS will maintain FAQs
on its web page with respect to CoC
prepayments.
SUPPLEMENTARY INFORMATION: Effective
December 20, 2018, all future deposits
into CoC accounts have been prohibited;
however, withdrawal from these
accounts is permitted for prepayment on
RUS direct or guaranteed loans, and
without penalty. Pursuant to Section
6503 of the 2018 Farm Bill (H.R. 2
(115th), no new CoC deposits could be
accepted as of December 20, 2018. With
respect to existing CoC deposits, Section
6503 altered the prior, fixed interest rate
with phased in interest rate reductions
over the next two years. The current 5
percent rate will be paid until the end
of fiscal year 2020, September 30, 2020.
Beginning on October 1, 2020, CoC
deposits will earn 4 percent interest
until September 30, 2021. Starting on
October 1, 2021 and thereafter, account
balances will earn the applicable,
variable 1-year Treasury rate.
Additionally, pursuant to Section
6503, from December 20, 2018 until
September 30, 2020, RUS borrowers,
may, at their sole discretion, apply their
CoC balances to prepay their
outstanding loans made or guaranteed
under the Rural Electrification Act, 7
U.S.C. 901 et seq., whether direct RUS
loans or Federal Financing Bank
guaranteed loans. The principal portion
of the loan that is prepaid with CoC
balances during this period will not be
subject to a prepayment premium. With
respect to RUS direct loans that prepay
using CoC accounts during the period,
all terms and conditions of the loan, or
a prepayment agreement, if any, that
restrict or qualify such prepayment shall
be waived. Prepayments using funds not
in CoC accounts will remain subject to
existing agreements.

PO 00000

Frm 00004

Fmt 4703

Sfmt 9990

Instructions: Unless otherwise
directed, borrowers requesting to prepay
loan balances with CoC accounts will
have the amount specified applied first
to outstanding interest and fees, and
then to outstanding principal, pursuant
to their loan agreements. Borrowers
must also indicate which accounts they
would like to prepay, otherwise such
amounts will be applied to the oldest
debt accounts first. If a borrower
requests an entire prepayment to
outstanding principal but does not
provide for an additional payment to
cover outstanding interest and fees,
such payment will be applied first to
interest and fees. At the borrower’s
request, a prepayment calculation will
be provided to confirm the amount due
for individual accounts.
Should borrowers choose to
supplement additional non-CoC funds
to prepay additional loan accounts, or
portions thereof, the associated
premium will be applied to that portion
of the prepayment.
In order that borrower’s prepayments
are fulfilled as requested, borrowers
should submit the following
information to: rd.nfaoc.tesb@
stl.usda.gov with the subject line title
‘‘CUSHION OF CREDIT PREPAY
REQUEST’’ and the following:
(1) The dollar amount of the CoC to
be applied;
(2) The specific loan advance
accounts to be prepaid;
(3) The method in which they wish
CoC balances to be applied (optional);
(4) Whether the borrower intends to
supplement the prepayment with
additional funds and the amount of
such supplemental funds; and
(5) Contact information to coordinate
prepayment, and for any necessary
correspondence (i.e. notice as to
whether any amounts are missing
pursuant to their specific request).
All requests will be promptly
processed, and the transactions will be
reflected on the next Statement of
Account and Transactions (Statement)
after the prepayment is made. If the
Statement does not reflect the correct
application, please contact
rd.nfaoc.tesb@stl.usda.gov immediately.
Chad Rupe,
Acting Administrator, Rural Utilities Service.
[FR Doc. 2019–11924 Filed 6–6–19; 8:45 am]
BILLING CODE P

E:\FR\FM\07JNN1.SGM

07JNN1


File Typeapplication/pdf
File Modified2019-06-06
File Created2019-06-07

© 2024 OMB.report | Privacy Policy