Proposed Collection; Comment Request
Primary source
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Issuing agencies
Abstract
In accordance with the requirements of the Paperwork Reduction Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning an information collection known as "Advances to Housing Associates," which has been assigned control number 2590-0001 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a three-year extension of the control number, which is due to expire on October 31, 2025.
Full Text
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<title>Federal Register, Volume 90 Issue 159 (Wednesday, August 20, 2025)</title>
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[Federal Register Volume 90, Number 159 (Wednesday, August 20, 2025)]
[Notices]
[Pages 40601-40603]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-15927]
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FEDERAL HOUSING FINANCE AGENCY
[No. 2025-N-6]
Proposed Collection; Comment Request
AGENCY: Federal Housing Finance Agency.
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ACTION: 60-Day notice of submission of information collection for
approval from the Office of Management and Budget.
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SUMMARY: In accordance with the requirements of the Paperwork Reduction
Act of 1995 (PRA), the Federal Housing Finance Agency (FHFA or the
Agency) is seeking public comments concerning an information collection
known as ``Advances to Housing Associates,'' which has been assigned
control number 2590-0001 by the Office of Management and Budget (OMB).
FHFA intends to submit the information collection to OMB for review and
approval of a three-year extension of the control number, which is due
to expire on October 31, 2025.
DATES: Interested persons may submit comments on or before October 20,
2025.
ADDRESSES: Submit comments to FHFA, identified by ``Proposed
Collection; Comment Request: `Advances to Housing Associates, (No.
2025-N-6)' '' by any of the following methods:
<bullet> Agency Website: <a href="http://www.fhfa.gov/open-for-comment-or-input">www.fhfa.gov/open-for-comment-or-input</a>.
<bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>.
Follow the instructions for submitting comments. If you submit your
comment to the Federal eRulemaking Portal, please also send it by email
to FHFA at <a href="/cdn-cgi/l/email-protection#4b192e2c082426262e253f380b2d232d2a652c243d"><span class="__cf_email__" data-cfemail="adffc8caeec2c0c0c8c3d9deedcbc5cbcc83cac2db">[email protected]</span></a> to ensure timely receipt by the agency.
<bullet> Mail/Hand Delivery: Federal Housing Finance Agency, Fourth
Floor, 400 Seventh Street SW, Washington, DC 20219, Attention: Proposed
Collection; Comment Request: ``Advances to Housing Associates, (No.
2025-N-6).'' Please note that all mail sent to FHFA via U.S. Mail is
routed through a national irradiation facility, a process that may
delay delivery by approximately two weeks. For any time-sensitive
correspondence, please plan accordingly.
FHFA will post all public comments on the FHFA public website at
<a href="http://www.fhfa.gov">http://www.fhfa.gov</a>, except as described below. Commenters should
submit only information that the commenter wishes to make available
publicly. FHFA may post only a single representative example of
identical or substantially identical comments, and in such cases will
generally identify the number of identical or substantially identical
comments represented by the posted example. FHFA may, in its
discretion, redact or refrain from posting all or any portion of any
comment that contains content that is obscene, vulgar, profane, or
threatens harm. All comments, including those that are redacted or not
posted, will be retained in their original form in FHFA's internal file
and considered as required by all applicable laws. Commenters that
would like FHFA to consider any portion of their comment exempt from
disclosure on the basis that it contains trade secrets, or financial,
confidential or proprietary data or information, should follow the
procedures in section IV.D. of FHFA's Policy on Communications with
Outside Parties in Connection with FHFA Rulemakings, see <a href="https://www.fhfa.gov/sites/default/files/documents/Ex-Parte-Communications-Public-Policy_3-5-19.pdf">https://www.fhfa.gov/sites/default/files/documents/Ex-Parte-Communications-Public-Policy_3-5-19.pdf</a>. FHFA cannot guarantee that such data or
information, or the identity of the commenter, will remain confidential
if disclosure is sought pursuant to an applicable statute or
regulation. See 12 CFR 1202.8, 12 CFR 1214.2, and the FHFA FOIA
Reference Guide at <a href="https://www.fhfa.gov/about/foia-reference-guide">https://www.fhfa.gov/about/foia-reference-guide</a> for
additional information.
FOR FURTHER INFORMATION CONTACT: Deattra Perkins, Senior Financial
Analyst, by email at <a href="/cdn-cgi/l/email-protection#9adefffbeeeee8fbb4caffe8f1f3f4e9dadcd2dcdbb4fdf5ec"><span class="__cf_email__" data-cfemail="3e7a5b5f4a4a4c5f106e5b4c5557504d7e7876787f10595148">[email protected]</span></a>, by telephone at (202)
649-3133, or Angela Supervielle, Assistant General Counsel,
<a href="/cdn-cgi/l/email-protection#1b5a757c7e777a35486e6b7e696d727e77777e5b7d737d7a357c746d"><span class="__cf_email__" data-cfemail="eeaf80898b828fc0bd9b9e8b9c98878b82828bae8886888fc0898198">[email protected]</span></a>, (202) 649-3973 (these are not toll-free
numbers); Federal Housing Finance Agency, 400 Seventh Street SW,
Washington, DC 20219. For TTY/TRS users with hearing and speech
disabilities, dial 711 and ask to be connected to any of the contact
numbers above.
SUPPLEMENTARY INFORMATION:
A. Need for and Use of the Information Collection
Section 10b of the Federal Home Loan Bank Act (Bank Act)
establishes the requirements for making Federal Home Loan Bank (Bank)
advances (secured loans) to nonmember mortgagees, which are referred to
as ``Housing Associates'' in FHFA's regulations.\1\ Section 10b also
establishes the eligibility requirements an applicant must meet in
order to be certified as a Housing Associate.
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\1\ See 12 U.S.C. 1430b; 12 CFR 1264.3.
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Part 1264 of FHFA's regulations implements the statutory
eligibility requirements and establishes uniform review criteria the
Banks must use in evaluating applications from entities that wish to be
certified as a Housing Associate. Specifically, Sec. 1264.4 implements
the statutory eligibility requirements and provides guidance to an
applicant on how it may satisfy those requirements.\2\ Section 1264.5
authorizes the Banks to approve or deny all applications for
certification as a Housing Associate, subject to the statutory and
regulatory requirements.\3\ Section 1264.6 permits an applicant that
has been denied certification by a Bank to appeal that decision to
FHFA.\4\
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\2\ See 12 CFR 1264.4.
\3\ See 12 CFR 1264.5.
\4\ See 12 CFR 1264.6.
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Subpart B of 12 CFR part 1266 governs Bank advances to Housing
Associates that have been approved under 12 CFR part 1264. Section
1266.17 establishes the terms and conditions under which a Bank may
make advances to Housing Associates.\5\ Specifically, Sec. 1266.17(e)
imposes a continuing obligation on each certified Housing Associate to
provide information necessary for the Bank to determine if it remains
in compliance with applicable statutory and regulatory requirements, as
set forth in part 1264.
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\5\ See 12 CFR 1266.17.
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The OMB control number for the information collection, which
expires on October 31, 2025, is 2590-0001. The likely respondents
include entities applying to be certified as a Housing Associate and
current Housing Associates.
B. Burden Estimates
FHFA estimates the total annualized hour burden imposed upon
respondents by this information collection to be 314 hours (14 hours
for applicants + 300 hours for current Housing Associates), based on
the following calculations:
I. Applicants
FHFA estimates that the total annual average number of entities
applying to be certified as a Housing Associate over the next three
years will be one, with one response per applicant. The estimate for
the average hours per application is 14 hours. Therefore, the estimate
for the total annual hour burden for all applicants is 14 hours (1
applicant x 1 response per applicant x 14 hours = 14 hours).
II. Current Housing Associates
FHFA estimates that the total annual average number of existing
Housing Associates over the next three years will be 75, with one
response per Housing Associate required to comply with the regulatory
reporting requirements. The estimate for the average hours per response
is 4 hours. Therefore, the estimate for the total annual hour burden
for current Housing Associates is 300 hours (75 certified Housing
Associates x 1 response per associate x 4 hours = 300 hours).
[[Page 40603]]
C. Comments Request
FHFA requests written comments on the following: (1) Whether the
collection of information is necessary for the proper performance of
FHFA functions, including whether the information has practical
utility; (2) the accuracy of FHFA's estimates of the burdens of the
collection of information; (3) ways to enhance the quality, utility,
and clarity of the information collected; and (4) ways to minimize the
burden of the collection of information on respondents, including
through the use of automated collection techniques or other forms of
information technology.
Shawn Bucholtz,
Chief Data Officer, Federal Housing Finance Agency.
[FR Doc. 2025-15927 Filed 8-19-25; 8:45 am]
BILLING CODE 8070-01-P
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