Guaranteed Rural Housing Loan Program -- 7 CFR Part 3555

ICR 202001-0575-001

OMB: 0575-0179

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Supplementary Document
2020-12-08
Justification for No Material/Nonsubstantive Change
2020-11-30
Supporting Statement A
2020-11-24
Supplementary Document
2020-11-24
Supplementary Document
2020-11-24
Supplementary Document
2020-03-27
Supplementary Document
2017-08-30
IC Document Collections
ICR Details
0575-0179 202001-0575-001
Received in OIRA 201708-0575-001
USDA/RHS
Guaranteed Rural Housing Loan Program -- 7 CFR Part 3555
Revision of a currently approved collection   No
Regular 12/11/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
1,766,094 1,079,062
1,327,476 833,608
0 0

Section 517(d) of title V of the Housing Act of 1949, as amended, provides the authority for the Secretary of Agriculture to issue loan guarantees for the acquisition of new or existing dwellings and related facilities to provide decent, safe, and sanitary living conditions and other structures in rural areas.

US Code: 42 USC 1471 Name of Law: Title V of the Housing Act
  
None

Not associated with rulemaking

  85 FR 17041 03/26/2020
85 FR 79990 12/11/2020
No

2
IC Title Form No. Form Name
Guaranteed Rural Housing Loan Program -- 7 CFR Part 3555 RD 3555-11, RD 3555-16, RD 3555-20, RD 3555-13, RD 3555-21, RD 3555-18, RD 3555-17, RD 3555-12, RD 1910-5, RD1944-62, RD 1980-19, RD 1944-4, RD 1924-25 Guaranteed Rural Housing Lender Record Change ,   Agreement for Participation in SFH Guaranteed/Insured loan Programs of the US Government ,   Rural Housing Guarantee Report of Loss ,   Annual Interest Assistance Agreement ,   Request for Single Family Housing Loan Guarantee ,   Conditional Commitment for Signle Family Housing Loan Guarantee ,   Loan Note Guarantee ,   Master Interest Assistance and Shared Equity Agreement with Promissory Note ,   Request for Verification of Employment ,   Request for Verification of Deposit ,   Guaranteed Loan Closing Report ,   Certification of Disability or Handicap ,   Plan Certification
7 CFR 3555 - State, Local and Tribal RD 3555-16, RD 1980-19, RD 3555-12, RD 3555-13, RD 3555-17, RD 3555-18, RD 3555-20, RD 3555-21, RD 3555-11, RD 1910-5, RD 1944-4, RD 1944-62, RD 1924-25 Agreement for Participation Guarantee/Insured Loan Program of the US Government ,   Guaranteed Loan Closing Report ,   Master Interest Assistance and Shared Equity Agreement with promissory note ,   Annual Interest Assistance Agreement ,   Loan Note Guarantee ,   Conditional Commitment for SFH Guarantee ,   Rural Housing Guarantee Report of Loss ,   Request for Signle Family Housing Loan Guarantee ,   Guarantee Rural Housing Lender Record Change ,   Request for Verification of Employment ,   Certification of Disability or Handicap ,   Request for Verification of Deposit ,   Plan Certification

  Total Request 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 1,766,094 1,079,062 0 687,032 0 0
Annual Time Burden (Hours) 1,327,476 833,608 0 493,868 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
There is an estimated increase of 687,032 responses and 493,868 burden hours since the last submission. Any change in hours is a result of increased program level funding and demand by the public. Also considered is a change in the average loan amount, additional lenders participating in the program, due to a change in the program funding level and a keener interest by industry partners. Backlogs in some States caused delays in processing lender requests that resulted in various turn-around times from state to state. Integration of the SFHGLP into the National model was necessary to provide lenders improved customer service, consistent turn times and policy interpretation.

$16,472,501
No
    No
    No
No
No
No
No
Ana Placencia 254 721-0770

  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.
12/11/2020


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