Regulation promulgates the policies
and procedures for servicing actions necessary in connection with
community facilities loans and grants and insured business and
industry loans. The Agency offers supervised credit to build and
operate modest housing, water and sewer systems, essential
community facilities, and business and industrial operations in
rural areas.
Due to an increase of funding
availability and initiatives that occurred over the past few years
for the direct Community Facilities loan program, a request for an
additional increase of 138 responses and 123 burden hours is being
requested and will result in an increase of the number of responses
to 1,773 and the number of burden hours to 1,663. However, due to
the COVID 19 pandemic, on April 1, 2020, a Non-substantive Change
Request was submitted to OMB to include a new request for
Forbearance and Forbearance Agreement Written Forms for Sections
515 and 538 borrowers resulting in an increase of 12, 735 responses
and 18,475 burden hours. The Non-substantive Change Request was
approved on February 1, 2021 however, the Forbearance and
Forbearance Agreement Written Forms did not apply to the Direct
Community Facilities Loan Program and the form are therefore being
removed from the collection. Removal of the forms resulted in the
decrease of the number of responses back to its original request of
1,773 the number of responses and 1,663 burden hours for this
collection.
$3,353,196
No
No
Yes
No
No
No
Yes
Anita Outen 202 720-1497
anita.outen@wdc.usda.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.