Notice2022-22669
60-Day Notice of Proposed Information Collection: Direct Single Family Housing Loans and Grants HB-1-3550, and HB-2-3550; OMB Control No.: 0575-0172
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 19, 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 (RHS or Agency) announces its' intention to request a revision of a currently approved information collection and invites comments on this information collection.
Full Text
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<title>Federal Register, Volume 87 Issue 201 (Wednesday, October 19, 2022)</title>
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[Federal Register Volume 87, Number 201 (Wednesday, October 19, 2022)]
[Notices]
[Pages 63474-63475]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-22669]
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DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No. RHS-22-SFH-0017]
60-Day Notice of Proposed Information Collection: Direct Single
Family Housing Loans and Grants HB-1-3550, and HB-2-3550; OMB Control
No.: 0575-0172
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
(RHS or Agency) announces its' intention to request a revision of a
currently approved information collection and invites comments on this
information collection.
DATES: Comments on this notice must be received by December 19, 2022 to
be assured of consideration.
ADDRESSES: Comments may be submitted by the Federal eRulemaking Portal:
Go to <a href="http://www.regulations.gov">http://www.regulations.gov</a> and, in the ``Search Field'' box,
labeled ``Search for Rules, Proposed Rules, Notices, or Supporting
Documents,'' enter the following docket number: (RHS-22-SFH-0017). To
submit or view public comments, click the ``Search'' button, select the
``Documents'' tab, then select the following document title: (Direct
Single Family Housing Loans and Grants HB-1-3550, and HB-2-3550)) from
the ``Search Results,'' and select the ``Comment'' button. Before
inputting 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#e3ae82919ab38297cda78290888f82a396908782cd848c95"><span class="__cf_email__" data-cfemail="80cde1f2f9d0e1f4aec4e1f3ebece1c0f5f3e4e1aee7eff6">[email protected]</span></a>.
[[Page 63475]]
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 RHS is submitting to OMB as a revision to an existing collection
with Agency adjustment.
Title: 7 CFR part 3550, Direct Single Family Housing Loans and
Grant Programs, HB-1-3550, and HB-2-3550.
OMB Control Number: 0572-0172.
Expiration Date of Approval: February 28, 2025.
Type of Request: Revision of a currently approved information
collection.
Estimate of Burden: Public reporting for this collection of
information is estimated to average .5 hours per response.
Respondents: Individual applicants seeking direct single family
housing loan and grants.
Estimated Number of Respondents: 647,777.
Estimated Number of Responses per Respondent: 1.
Estimated Total Number of Responses: 647,777.
Estimated Total Annual Burden on Respondents: 310,496 hours.
Abstract: Through its direct single family housing loan and grant
programs (specifically the sections 502 and 504 programs), RHS provides
eligible applicants with financial assistance to own adequate but
modest homes in rural areas. The financing and servicing are provided
directly by RHS. The section 502 direct loan program provides 100
percent loan financing to assist low- and very low-income applicants
purchase modest homes in eligible rural areas by providing payment
assistance to increase an applicant's repayment ability. The section
504 loan program provides one percent interest rate loans to very low-
income homeowners in eligible rural areas to repair, improve, or
modernize their home or to remove health and safety hazards. The
section 504 grant program provides grants to elderly very low-income
homeowners in eligible rural areas to remove health and safety hazards,
or accessibility barriers from their home, often in conjunction with a
section 504 loan.
This revision includes an increase in the number of burden hours
from 305,646 hours to 310,496 hours. This change is attributed to the
adding of a newly simplified section 504-intake form and
prequalification process. This form is necessary and will increase
program usage while relieving applicant's burden. The reporting burden
covered by this collection of information consists of forms, documents,
and written burden to support a request for funding for a Direct Single
Family Housing Loan and Grant Program.
Applicants must provide the Agency with a uniform residential loan
application and supporting documentation (e.g., verification of income,
assets, liabilities, etc.) when applying for assistance. The
information requested regarding the applicant and the property is vital
in order for the Agency to make sound eligibility and underwriting
decisions that comply with the laws and regulations that govern the
programs. The information requested is comparable to that required by
any public or private mortgage lender.
When servicing loans, RHS offers servicing options that are
standard to the industry. In addition, RHS offers unique servicing
options (e.g., payment subsidies and payment moratoriums) and is
required to take unique servicing actions (e.g., review borrowers for
their ability to refinance with private credit). Borrowers must provide
the Agency with pertinent information when a servicing option/action is
requested/required in order for the Agency to make sound servicing
decisions that comply with the laws and regulations that govern the
programs.
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 Arlette
Mussington, Rural Development Innovation Center--Regulations Management
Division, at (202) 720-7853. Email: <a href="/cdn-cgi/l/email-protection#4021322c253434256e2d353333292e27342f2e00353324216e272f36"><span class="__cf_email__" data-cfemail="7e1f0c121b0a0a1b50130b0d0d1710190a11103e0b0d1a1f50191108">[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.
Joaquin Altoro,
Administrator, Rural Housing Service.
[FR Doc. 2022-22669 Filed 10-18-22; 8:45 am]
BILLING CODE 3410-XV-P
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