Submission for OMB Review; Comment Request, 56570-56571 [E9-26295]
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56570
Notices
Federal Register
Vol. 74, No. 210
Monday, November 2, 2009
This section of the FEDERAL REGISTER
contains documents other than rules or
proposed rules that are applicable to the
public. Notices of hearings and investigations,
committee meetings, agency decisions and
rulings, delegations of authority, filing of
petitions and applications and agency
statements of organization and functions are
examples of documents appearing in this
section.
DEPARTMENT OF AGRICULTURE
Submission for OMB Review;
Comment Request
srobinson on DSKHWCL6B1PROD with NOTICES
October 27, 2009.
The Department of Agriculture has
submitted the following information
collection requirement(s) to OMB for
review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13. Comments
regarding (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 burden including the validity of the
methodology and assumptions used; (c)
ways to enhance the quality, utility and
clarity of the information to be
collected; (d) ways to minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology should be addressed to: Desk
Officer for Agriculture, Office of
Information and Regulatory Affairs,
Office of Management and Budget
(OMB),
OIRA_Submission@OMB.EOP.GOV or
fax (202) 395–5806 and to Departmental
Clearance Office, USDA, OCIO, Mail
Stop 7602, Washington, DC 20250–
7602. Comments regarding these
information collections are best assured
of having their full effect if received
within 30 days of this notification.
Copies of the submission(s) may be
obtained by calling (202) 720–8681.
An agency may not conduct or
sponsor a collection of information
unless the collection of information
displays a currently valid OMB control
number and the agency informs
potential persons who are to respond to
the collection of information that such
persons are not required to respond to
VerDate Nov<24>2008
17:03 Oct 30, 2009
Jkt 220001
the collection of information unless it
displays a currently valid OMB control
number.
Forest Service
Title: Application for Permit, NonFederal Commercial Use of Roads
Restricted by Order.
OMB Control Number: 0596–0016.
Summary of Collection: The Forest
Service (FS) transportation system
includes approximately 380,000 miles
of roads. These roads are grouped into
five maintenance levels. Level one
includes roads, which are closed and
maintained only to protect the
environment. Level of maintenance
increase to level five, which is
maintained for safe passenger car use.
The roads usually provide the only
access to commercial products
including timber and minerals found on
both Federal and private lands within
and adjacent to National Forests.
Annual maintenance not performed
becomes a backlog that creates a
financial burden for the FS. To remedy
the backlog and pay for needed
maintenance the FS requires
commercial users to apply and pay for
a permit to use the FS Road System.
Maintenance resulting from commercial
use is accomplished through collection
of funds or requiring the commercial
users to perform the maintenance. The
vehicle for this is the Road Use Permit.
The authority for the Road Use Permit
process comes from 36 CFR 212.5, 36
CFR 212.9 and 36 CFR 261.54 Section
212.9 authorizes the FS to develop a
road system with private in holders that
is mutually beneficial to both parties.
Need and Use of the Information:
Persons wishing to haul commercial
will use form, FS 7700–40. The form
provides identifying information about
the applicant such as, the name;
address; and telephone number;
description of mileage of roads; purpose
of use; use schedule; and plans for
future use. FS will use the information
to prepare the applicant’s permit, to
identify the road maintenance that is the
direct result of the applicant’s traffic, to
calculate any applicable collections for
recovery of past Federal investments in
roads and assure that the requirements
are met. Without the Road Use Permit,
the backlog of maintenance would
increase and the FS would have great
difficulty providing the transportation
system necessary to meet our mission.
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Description of Respondents: Business
or other for-profit; Individuals or
households; State, Local or Tribal
Government; Not-for-profit institutions.
Number of Respondents: 2,000.
Frequency of Responses: Reporting:
On occasion.
Total Burden Hours: 500.
Forest Service
Title: Bid for Advertised Timber.
OMB Control Number: 0596–0066.
Summary of Collection: Individuals,
large and small businesses, and
corporations who wish to purchase
timber or forest products from the
National Forest must enter into a timber
sale contract or Forest product contract
with the Forest Service (FS).
Information must be collected by FS in
order to ensure that: National Forest
System timber is sold at not less than
appraised value; bidders meet specific
criteria when submitting a bid; and antitrust violations do not occur during the
bidding process. Several statutes,
regulations, and polices impose
requirements on the Government and
purchasers in the bidding process. The
FS will collect information using several
forms.
Need and Use of the Information: FS
will collect information to determine
bid responsiveness. The sale officer will
ensure: the bidder has signed the bid
form; provided a tax identification
number; completed the unit rate,
weighted average, or total sale value bid;
entered the bid guarantee amount, type,
and ensure the bid guarantee is enclosed
with the bid, the bidder has provided
the required information concerning
Small Business Administration size and
Equal Opportunity compliance on
previous sales. The Timber Sale
Contracting Officers will use the
information to complete the contract
prior to award to the highest bidder.
Failure to include the required
information may result in the bid being
declared non-responsive or the
Contracting Officer may be unable to
make an affirmative finding of
purchaser responsibility and not able to
award the contract.
Description of Respondents: Business
or other for-profit; Individuals or
households.
Number of Respondents: 1,560.
Frequency of Responses: Reporting:
On occasion.
E:\FR\FM\02NON1.SGM
02NON1
Federal Register / Vol. 74, No. 210 / Monday, November 2, 2009 / Notices
Total Burden Hours: 135,246.
Charlene Parker,
Departmental Information Collection
Clearance Officer.
[FR Doc. E9–26295 Filed 10–30–09; 8:45 am]
BILLING CODE 3410–11–P
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Funding Availability for
Refinance Assistance Under the
American Recovery and Reinvestment
Act of 2009—Section 502 Guaranteed
Loan Program
Rural Housing Service, USDA.
Notice.
AGENCY:
ACTION:
SUMMARY: This notice announces the
Agency intent to prioritize $400 million
in funding that was previously made
available in the Federal Register on July
23, 2009, for the refinance program to
achieve the maximum amount of debt
relief to existing borrowers and keep the
borrowers in their homes, thereby,
achieving long-term financial stability
consistent with the goals of the
Recovery Act. Additional requirements
for such refinancing will ensure that
existing borrowers are achieving
measureable financial savings in
refinancing and that Recovery Act funds
are spent wisely and have transparent
results.
FOR FURTHER INFORMATION CONTACT:
Debra Terrell, Senior Loan Specialist,
Section 502 Guaranteed Loan Program—
STOP 0784 (Room 2250), U.S.
Department of Agriculture, Rural
Housing Service, 1400 Independence
Ave., SW., Washington, DC 20250–0784,
telephone number 918–534–3254, or by
e-mail at debra.terrell@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
srobinson on DSKHWCL6B1PROD with NOTICES
Paperwork Reduction Act
The paperwork burden has been
cleared by the Office of Management
and Budget (OMB) under OMB control
number 0575–0078.
Overview
The Rural Housing Service, an agency
within the USDA Rural Development
mission area, provides housing loan
guarantees to lenders of rural residents
through its Section 502 Guaranteed
Loan Program. USDA Rural
Development (hereinafter referred to as
the ‘‘Agency’’) offers assistance to
refinance existing Section 502 Direct
and Guaranteed Loan Program
borrowers with Section 502 Guaranteed
Loans when restructuring achieves more
favorable loan terms.
VerDate Nov<24>2008
17:03 Oct 30, 2009
Jkt 220001
USDA Rural Development’s Section
502 Guaranteed Loan Program is making
$400 million available under the
Recovery Act for refinancing Section
502 Direct and Guaranteed Loan
Program borrowers with Section 502
Guaranteed Loans. Utilization of funds
from the Recovery Act for refinancing
existing Section 502 Guaranteed and/or
Direct Loan Program borrowers can
assist responsible homeowners reduce
their overall monthly debt by achieving
more favorable affordable terms,
increasing household cash flow,
lowering the cost of ownership and
benefit the economy by employing
mortgage partners associated with the
mortgage loan process. These funds will
be made available on a first-come-firstserved basis for refinance requests
meeting the existing application and
approval procedures based upon
Section 502(h)(14) of the Housing Act of
1949, as amended, with the addition of
the policy changes noted in this.
Existing procedures include those in 7
CFR part 1980, subpart D. To the extent
of any inconsistency, the provisions of
this notice will prevail.
USDA Rural Development intends to
modify and clarify policy regarding the
refinancing of existing Section 502
Direct or Guaranteed Loan Program
borrowers (herein referred to as
‘‘borrowers’’) with Recovery Act funds.
Refinancing, with Recovery Act funds,
is intended to help those borrowers who
are seeking to achieve more favorable
loan terms by transferring the financing
arrangement to another approved
guaranteed lender, modifying the loan
type, or restructuring the repayment
obligation with the present guaranteed
lender. Modification and clarification of
policy is intended to strengthen and
support USDA Rural Development’s
obligation to protect its existing Section
502 portfolio. The Agency is
considering adopting these program
improvements in its permanent
refinance program (using annual
appropriations) to address increased
risk and costs to the Government.
Specifically, under this notice the
agency will require the interest rate of
the new loan to be 100 basis points
below the rate of the existing loan to be
refinanced. This change will ensure the
monetary benefit of refinancing to low
or moderate income borrowers served
by the program and achieve the
investment goals of the Recovery Act.
Eligible closing costs and other fees
charged by the lender have been
identified specifically, rather than
relying upon a ‘‘reasonable and
customary’’ test. This is intended to
reduce excessive closing costs and other
fees charged the borrower that can
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56571
eliminate the benefit of the refinance.
To reduce risk to the Government the
streamlined refinance feature has been
modified to limit the new financing to
the amount of the original loan.
Streamlined refinance under this does
not require obtaining a new appraisal,
so homeowner recovery can begin more
quickly as intended by the Recovery
Act. This notice also expands upon and
clarifies borrower qualification
requirements when there is a change of
borrower(s) and emphasizes the
necessity of responsible homeownership
in connection with repayment history.
Existing borrowers seeking to refinance
their Section 502 mortgage loan under
this notice must have demonstrated
their ability to meet payment demands
by maintaining a current account for the
180 days prior to application.
Only approved lenders, as prescribed
in 7 CFR 1980.309 are eligible to
participate in the Section 502
Guaranteed Loan Program. Approved
lenders may utilize the services of
agents for processing refinance loans
described in this notice. Approved
lenders are responsible for loan
underwriting and the action of any
agent they may employ or hold a
business relationship with. Rural
Development will issue the conditional
commitment to the approved lender if
all eligibility requirements are met.
All funds appropriated in the
Recovery Act are available for obligation
no later than September 30, 2010.
Funding provided through the Recovery
Act is one-time funding. Under Section
1604 of the Recovery Act, none of the
funds made available under the
Recovery Act may be used for any
casino or other gambling related
establishment, aquarium, zoo, golf
course or swimming pool. In
implementing this prohibition, the
Agency specifically will not finance
dwellings with swimming pools.
General Description of Assistance
Under the Section 502 Guaranteed
Loan Program’s Refinance program, an
approved lender may refinance an
existing Section 502 Direct and/or
Guaranteed Loan Program borrower
with a Section 502 Guaranteed Loan. A
refinance must achieve more favorable
loan terms. The intent of the assistance
is to give borrowers with satisfactory
payment histories the opportunity to
benefit from a lower interest rate and
increase their ability to be successful
homeowners. Two options for
refinancing can be offered under this:
1. Streamlined refinance. Lenders
may offer a streamlined refinance
without obtaining a new appraisal. The
lender will pay off the principal balance
E:\FR\FM\02NON1.SGM
02NON1
]]>Agencies
[Federal Register Volume 74, Number 210 (Monday, November 2, 2009)]
[Notices]
[Pages 56570-56571]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-26295]
========================================================================
Notices
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains documents other than rules
or proposed rules that are applicable to the public. Notices of hearings
and investigations, committee meetings, agency decisions and rulings,
delegations of authority, filing of petitions and applications and agency
statements of organization and functions are examples of documents
appearing in this section.
========================================================================
Federal Register / Vol. 74, No. 210 / Monday, November 2, 2009 /
Notices
[[Page 56570]]
DEPARTMENT OF AGRICULTURE
Submission for OMB Review; Comment Request
October 27, 2009.
The Department of Agriculture has submitted the following
information collection requirement(s) to OMB for review and clearance
under the Paperwork Reduction Act of 1995, Public Law 104-13. Comments
regarding (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 burden including the validity of the
methodology and assumptions used; (c) ways to enhance the quality,
utility and clarity of the information to be collected; (d) ways to
minimize the burden of the collection of information on those who are
to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology should be addressed to: Desk
Officer for Agriculture, Office of Information and Regulatory Affairs,
Office of Management and Budget (OMB), OIRA_Submission@OMB.EOP.GOV or
fax (202) 395-5806 and to Departmental Clearance Office, USDA, OCIO,
Mail Stop 7602, Washington, DC 20250-7602. Comments regarding these
information collections are best assured of having their full effect if
received within 30 days of this notification. Copies of the
submission(s) may be obtained by calling (202) 720-8681.
An agency may not conduct or sponsor a collection of information
unless the collection of information displays a currently valid OMB
control number and the agency informs potential persons who are to
respond to the collection of information that such persons are not
required to respond to the collection of information unless it displays
a currently valid OMB control number.
Forest Service
Title: Application for Permit, Non-Federal Commercial Use of Roads
Restricted by Order.
OMB Control Number: 0596-0016.
Summary of Collection: The Forest Service (FS) transportation
system includes approximately 380,000 miles of roads. These roads are
grouped into five maintenance levels. Level one includes roads, which
are closed and maintained only to protect the environment. Level of
maintenance increase to level five, which is maintained for safe
passenger car use. The roads usually provide the only access to
commercial products including timber and minerals found on both Federal
and private lands within and adjacent to National Forests. Annual
maintenance not performed becomes a backlog that creates a financial
burden for the FS. To remedy the backlog and pay for needed maintenance
the FS requires commercial users to apply and pay for a permit to use
the FS Road System. Maintenance resulting from commercial use is
accomplished through collection of funds or requiring the commercial
users to perform the maintenance. The vehicle for this is the Road Use
Permit. The authority for the Road Use Permit process comes from 36 CFR
212.5, 36 CFR 212.9 and 36 CFR 261.54 Section 212.9 authorizes the FS
to develop a road system with private in holders that is mutually
beneficial to both parties.
Need and Use of the Information: Persons wishing to haul commercial
will use form, FS 7700-40. The form provides identifying information
about the applicant such as, the name; address; and telephone number;
description of mileage of roads; purpose of use; use schedule; and
plans for future use. FS will use the information to prepare the
applicant's permit, to identify the road maintenance that is the direct
result of the applicant's traffic, to calculate any applicable
collections for recovery of past Federal investments in roads and
assure that the requirements are met. Without the Road Use Permit, the
backlog of maintenance would increase and the FS would have great
difficulty providing the transportation system necessary to meet our
mission.
Description of Respondents: Business or other for-profit;
Individuals or households; State, Local or Tribal Government; Not-for-
profit institutions.
Number of Respondents: 2,000.
Frequency of Responses: Reporting: On occasion.
Total Burden Hours: 500.
Forest Service
Title: Bid for Advertised Timber.
OMB Control Number: 0596-0066.
Summary of Collection: Individuals, large and small businesses, and
corporations who wish to purchase timber or forest products from the
National Forest must enter into a timber sale contract or Forest
product contract with the Forest Service (FS). Information must be
collected by FS in order to ensure that: National Forest System timber
is sold at not less than appraised value; bidders meet specific
criteria when submitting a bid; and anti-trust violations do not occur
during the bidding process. Several statutes, regulations, and polices
impose requirements on the Government and purchasers in the bidding
process. The FS will collect information using several forms.
Need and Use of the Information: FS will collect information to
determine bid responsiveness. The sale officer will ensure: the bidder
has signed the bid form; provided a tax identification number;
completed the unit rate, weighted average, or total sale value bid;
entered the bid guarantee amount, type, and ensure the bid guarantee is
enclosed with the bid, the bidder has provided the required information
concerning Small Business Administration size and Equal Opportunity
compliance on previous sales. The Timber Sale Contracting Officers will
use the information to complete the contract prior to award to the
highest bidder. Failure to include the required information may result
in the bid being declared non-responsive or the Contracting Officer may
be unable to make an affirmative finding of purchaser responsibility
and not able to award the contract.
Description of Respondents: Business or other for-profit;
Individuals or households.
Number of Respondents: 1,560.
Frequency of Responses: Reporting: On occasion.
[[Page 56571]]
Total Burden Hours: 135,246.
Charlene Parker,
Departmental Information Collection Clearance Officer.
[FR Doc. E9-26295 Filed 10-30-09; 8:45 am]
BILLING CODE 3410-11-P
