Notice2022-21356
60-Day Notice of Proposed Information Collection: American Rescue Plan Act, 2021 (ARPA)-7 CFR Part 3550, Direct Single Family Housing Sections 502 and 504 Loan Programs; OMB Control No.: 0575-NEW
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 3, 2022
Issuing agencies
Agriculture DepartmentRural Housing Service
Abstract
In accordance with the Paperwork Reduction Act of 1995, the United States Department of Agriculture (USDA) Rural Housing Service announces its intention to request approval of a new information collection and invites comments on this information collection.
Full Text
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<title>Federal Register, Volume 87 Issue 190 (Monday, October 3, 2022)</title>
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[Federal Register Volume 87, Number 190 (Monday, October 3, 2022)]
[Notices]
[Pages 59772-59773]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-21356]
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DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No.: RHS-22-SFH-0021]
60-Day Notice of Proposed Information Collection: American Rescue
Plan Act, 2021 (ARPA)--7 CFR Part 3550, Direct Single Family Housing
Sections 502 and 504 Loan Programs; OMB Control No.: 0575-NEW
AGENCY: Rural Housing Service, USDA.
ACTION: Notice; request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
United States Department of Agriculture (USDA) Rural Housing Service
announces its intention to request approval of a new information
collection and invites comments on this information collection.
DATES: Comments on this notice must be received by December 2, 2022 to
be assured of consideration.
ADDRESSES: Comments may be submitted electronically by the Federal
eRulemaking Portal: Go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and in the
``Search for Rules, Proposed Rules, Notices or Supporting Documents''
box, enter the following docket number: (RHS-22-SFH-0021). To submit or
view public comments, click ``Search'' button, select the ``Documents''
tab, then select the following document title: (American Rescue Plan
Act, 2021 (ARPA)--7 CFR PART 3550, Direct Single Family Housing
Sections 502 and 504 Loan Programs) from the ``Search Results'' and
select the ``Comment'' button. Before submitting your comments, you may
also review the ``Commenter's Checklist'' (optional). Insert your
comments under the ``Comment'' title, click ``Browse'' to attach files
(if available). Input your email address and select ``Submit Comment.''
Information on using <a href="http://Regulations.gov">Regulations.gov</a>, including instructions for
accessing documents, submitting comments, and viewing the docket after
the close of the comment period, is available through the site's
``FAQ'' link.
FOR FURTHER INFORMATION CONTACT: MaryPat Daskal, Chief, Branch 1, Rural
Development Innovation Center--Regulations Management Division, United
States Department of Agriculture, 1400 Independence Avenue SW, South
Building, Washington, DC 20250-1522. Telephone: (202) 720-7853. Email
<a href="/cdn-cgi/l/email-protection#054864777c5564712b4164766e696445707661642b626a73"><span class="__cf_email__" data-cfemail="bff2decdc6efdecb91fbdeccd4d3deffcaccdbde91d8d0c9">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The Office of Management and Budget's (OMB)
regulation (5 CFR part 1320) implementing provisions of the Paperwork
Reduction Act of 1995 (Pub. L. 104-13) requires that interested members
of the public and affected agencies have an opportunity to comment on
information collection and recordkeeping activities (see 5 CFR
1320.8(d)). This notice identifies the following information collection
that the Rural Housing Service is submitting to OMB as a new
information collection.
Title: American Rescue Plan Act, 2021 (ARPA)--7 CFR PART 3550,
``Direct Single Family Housing Sections 502 and 504 Loan Programs''.
OMB Control Number: 0575-NEW.
Expiration Date of Approval: N/A.
Type of Request: Regular approval of a new information collection.
Estimate of Burden: Public reporting for this collection of
information is estimated to average .20 hours per response.
Respondents: Not-for-profit institutions and other businesses;
individuals.
Estimated Number of Respondents: 4,420.
Estimated Number of Responses per Respondent: 3.
Estimated Total Annual Burden on Respondents: 2,602 hours.
Abstract: The Rural Housing Service, through its Direct Single
Family Housing Section 502 and 504 loan programs, provide eligible
applicants with financial assistance to own adequate but modest homes
in rural areas. Title 7 CFR part 3550 sets forth the programs' policies
and the programs' procedures can be found in its accompanying handbooks
(Handbook-1-3550 and Handbook-2-3550). To originate and service direct
loans and grants that comply with the programs' statute, policies, and
procedures, RHS must collect information from low- and very low-income
applicants, third parties associated with or working on behalf of the
applicants, borrowers, and third parties associated with or working on
behalf of the borrowers.
The American Rescue Plan (ARP) Act of 2021 (Pub. L. 117-2; sec.
3207, H.R. 1319) appropriated additional funds for the Single Family
Housing (SFH) Section 502 and 504 Direct Loan Program borrowers. The
stated purpose of the American Rescue Plan Act (ARPA) of 2021 is to
provide ``additional relief to address the continued impact of COVID-19
on the economy, public health, state and local governments,
individuals, and businesses.'' The Agency's objective under the ARPA is
to refinance the existing section 502 direct and section 504 borrowers
who have been granted and received a COVID-19 payment moratorium.
Refinancing these loans with a lower interest rate and extended terms
will help provide needed relief to low- and very-low-income borrowers,
so that mortgage payments are more affordable post-moratorium.
Information needed for origination purposes is largely collected by
RD field staff from applicants and third parties associated with or
working on behalf of the applicants. Information needed for servicing
purposes is largely collected by the Servicing and Asset Management
Office (Servicing Center) from borrowers and third parties associated
with or working on behalf of the borrowers. The party collecting the
information provides the respondent with the needed form(s) and/or non-
form(s) along with submission instructions. The information collected
is used to:
<bullet> Determine if the applicable eligibility and/or action
standards are met.
[cir] If they are, the appropriate processing steps are taken.
[cir] If they are not and the decision is adverse to the applicant/
borrower, the respondent is notified of their rights.
<bullet> Ensure that any payments (i.e., the extended financing and
payment
[[Page 59773]]
subsidies) are proper under statutory, contractual, administrative, or
other legally applicable requirements.
Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information will have practical utility;
(b) the accuracy of the agency's estimate of the burden of the
collection of information including the validity of the methodology and
assumptions used;
(c) ways to enhance the quality, utility and clarity of the
information to be collected; and (d) ways to minimize the burden of the
collection of information on respondents, including through the use of
appropriate automated, electronic, mechanical, or other technological
collection techniques or other forms of information technology. All
responses to this notice will be summarized and included in the request
for OMB approval. All comments will become a matter of public record.
Copies of this information collection can be obtained from Kimble
Brown, Rural Development Innovation Center--Regulations Management
Division, at (202) 720-6780. Email: <a href="/cdn-cgi/l/email-protection#72191b1f101e175c10001d051c32070116135c151d04"><span class="__cf_email__" data-cfemail="600b090d020c054e02120f170e20151304014e070f16">[email protected]</span></a>.
All responses to this notice will be summarized and included in the
request for OMB approval. All comments will also become a matter of
public record.
Jamal Habibi,
Acting Administrator, Rural Housing Service.
[FR Doc. 2022-21356 Filed 9-30-22; 8:45 am]
BILLING CODE P
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