60-Day FRN

2020-02785.pdf

Create Payment Request for the VA Funding Fee Payment System (VA FFPS); A Computer Generated Funding Fee Receipt (VA Form 26-8986)

60-Day FRN

OMB: 2900-0474

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 85, No. 29 / Wednesday, February 12, 2020 / Notices
funds will be made available for capital
improvements under this NOFA.
(3) Each program receiving Special
Need funding will have a liaison
appointed from a nearby VA medical
facility to provide oversight and monitor
services provided to homeless Veterans
in the program.
(4) Monitoring will include at a
minimum, a quarterly review of each
GPD grantee’s progress toward meeting
performance goals, including the
applicant’s internal goals and objectives
in helping Veterans attain housing
stability, adequate income support, and
self-sufficiency as identified in each
GPD grantee’s original application.
Monitoring will also include a review of
the agency’s income and expenses as
they relate to this project to ensure
payment is accurate.
Each funded program will participate
in the VA’s national program
monitoring and evaluation as these
monitoring procedures will be used to
determine successful accomplishment
of these housing outcomes for each
GPD-funded program.
Applicants with questions regarding
the funding from previous Special Need
awards should contact the VA Homeless
Providers GPD Program Office prior to
application.
A full copy of the regulations
governing the GPD Program is available
at the GPD website at http://
www.va.gov/HOMELESS/GPD.asp.
Signing Authority
The Secretary of Veterans Affairs, or
designee, approved this document and
authorized the undersigned to sign and
submit the document to the Office of the
Federal Register for publication
electronically as an official document of
the Department of Veterans Affairs.
Pamela Powers, Chief of Staff,
Department of Veterans Affairs,
approved this document on February 6,
2020, for publication.
Luvenia Potts,
Regulation Development Coordinator, Office
of Regulation Policy & Management, Office
of the Secretary, Department of Veterans
Affairs.
[FR Doc. 2020–02769 Filed 2–11–20; 8:45 am]
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DEPARTMENT OF VETERANS
AFFAIRS
[OMB Control No. 2900–0474]

Agency Information Collection
Activity: Create Payment Request for
the VA Funding Fee Payment System
Veterans Benefits
Administration, Department of Veterans
Affairs.
ACTION: Notice.
AGENCY:

The Veterans Benefits
Administration (VBA), Department of
Veterans Affairs (VA), is announcing an
opportunity for public comment on the
proposed collection of certain
information by the agency. Under the
Paperwork Reduction Act (PRA) of
1995, Federal agencies are required to
publish notice in the Federal Register
concerning each proposed collection of
information, including each proposed
extension of a currently approved
collection, and allow 60 days for public
comment in response to the notice.
DATES: Written comments and
recommendations on the proposed
collection of information should be
received on or before April 13, 2020.
ADDRESSES: Submit written comments
on the collection of information through
Federal Docket Management System
(FDMS) at www.Regulations.gov or to
Nancy J. Kessinger, Veterans Benefits
Administration (20M33), Department of
Veterans Affairs, 810 Vermont Avenue
NW, Washington, DC 20420 or email to
nancy.kessinger@va.gov. Please refer to
‘‘OMB Control No. 2900–0474’’ in any
correspondence. During the comment
period, comments may be viewed online
through FDMS.
FOR FURTHER INFORMATION CONTACT:
Danny S. Green, (202) 421–1354 or
email Danny.Green2@va.gov. Please
refer to ‘‘OMB Control No. 2900–0474’’
in any correspondence.
SUPPLEMENTARY INFORMATION: Under the
PRA of 1995, Federal agencies must
obtain approval from the Office of
Management and Budget (OMB) for each
collection of information they conduct
or sponsor. This request for comment is
being made pursuant to Section
3506(c)(2)(A) of the PRA.
With respect to the following
collection of information, VBA invites
comments on: (1) Whether the proposed
collection of information is necessary
for the proper performance of VBA’s
functions, including whether the
information will have practical utility;
(2) the accuracy of VBA’s estimate of the
burden of the proposed collection of
information; (3) ways to enhance the
quality, utility, and clarity of the
SUMMARY:

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information to be collected; and (4)
ways to minimize the burden of the
collection of information on
respondents, including through the use
of automated collection techniques or
the use of other forms of information
technology.
Authority: Public Law 104–13; 44
U.S.C. 3501–3521.
Title: Create Payment Request for the
VA Funding Fee Payment System (VA
Form 26–8986).
OMB Control Number: 2900–0474.
Type of Review: Extension of a
currently approved collection.
Abstract: A funding fee must be paid
to VA before a loan can be guaranteed.
The funding fee is payable on all VAguaranteed loans, i.e., Assumptions,
Manufactured Housing, Refinances, and
Real Estate purchase and construction
loans. The funding fee is not required
from veterans who are eligible purple
heart recipients, veterans who are in
receipt of compensation for serviceconnected disability, veterans in receipt
of compensation for service-connected
disability, or veterans who, but for
receipt of retirement pay, would be
entitled to receive compensation for
their service-connected disability. Loans
made to the unmarried surviving
spouses of veterans (who have died in
service or from service-connected
disability) are exempted from payment
of the funding fee, regardless of whether
the spouse has his/her own eligibility,
provided that the spouse has used his/
her eligibility to obtain a VA-guaranteed
loan. For a loan to be eligible for
guaranty, lenders’ must provide a copy
of the Funding Fee Receipt or evidence
the veteran is exempt from the
requirement of paying the funding fee.
The receipt is computer generated and
mailed to the lender ID number address
that was entered into an Automated
Clearing House (ACH) service.
Affected Public: Business or other for
profit.
Estimated Annual Burden: 13,334
hours.
Estimated Average Burden per
Respondent: 2 minutes.
Frequency of Response: One time.
Estimated Number of Respondents:
400,000.
By direction of the Secretary.
Danny S. Green,
VA PRA Clearance Officer, Office of Quality,
Performance and Risk, Department of
Veterans Affairs.
[FR Doc. 2020–02785 Filed 2–11–20; 8:45 am]
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