7 CFR Part 3565, Guaranteed Rural Rental Housing Program and Supporting Handbook

ICR 202502-0575-004

OMB: 0575-0174

Federal Form Document

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IC Document Collections
ICR Details
0575-0174 202502-0575-004
Received in OIRA 202411-0575-003
USDA/RHS
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
  
None

Not associated with rulemaking

  89 FR 76793 09/19/2024
90 FR 7074 01/21/2025
No

  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 3,239 2,934 0 305 0 0
Annual Time Burden (Hours) 2,445 2,079 0 366 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
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.
02/19/2025


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