7 CFR Part 3565, Guaranteed
Rural Rental Housing Program and Supporting Handbook
Revision of a currently approved collection
No
Regular
02/19/2025
Requested
Previously Approved
36 Months From Approved
02/28/2025
3,239
2,934
2,445
2,079
0
0
the Agency will provide loan
guarantees as credit enhancements to encourage private and public
lenders to make new loans for affordable rental properties that
meet program standards. Lenders will be expected to underwrite and
service the loans. The Agency will approve qualified lenders to
participate and will monitor lender performance to ensure program
requirements are met. Qualified lenders will be authorized to
originate, underwrite, and close loans for MFH projects. The Agency
uses the information submitted by the lender to the Agency to
manage, plan, evaluate, and account for Government resources. The
information collected is necessary to ensure the proper and
judicious use of public funds.
PL:
Pub.L. 104 - 120 538 Name of Law: Housing Opportunity Program
Extension Act of 1996
There is an decrease in burden
of 366 hours and 305 responses since the last submission.
$162,989
No
Yes
No
No
No
No
No
Lauren Cusick 202 720-1414
lauren.cusick@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.