Notice of Request for Extension of a Currently Approved Information Collection, 13074-13075 [2010-5883]
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13074
Federal Register / Vol. 75, No. 52 / Thursday, March 18, 2010 / Notices
proposed 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 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. Comments may be sent to:
Linda Watts Thomas, Regulations and
Paperwork Management Branch,
Support Services Division, U.S.
Department of Agriculture, Rural
Development, STOP 0742, 1400
Independence Ave., SW., Washington,
DC 20250–0742. 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.
Title: Direct Single Family Housing
Loans and Grants.
OMB Number: 0575–0172.
Expiration Date of Approval: August
31, 2010.
Type of Request: Extension and
revision of a currently approved
information collection.
Abstract: The Rural Housing Service
(RHS), through its direct single family
housing loan and grant programs,
provides financial assistance to
construct, improve, alter, repair, replace
or rehabilitate dwellings, which will
provide modest, decent, safe and
sanitary housing to eligible individuals
in rural areas. To assist a customer, they
must provide the Agency with a
standard housing application (used by
government and private lenders), and
provide documentation to support the
same. Documentation includes
verification of income, financial
information on assets and liabilities, etc.
The information requested is
comparable to that required by any
private mortgage lender. To assist
individuals in obtaining affordable
housing, a borrower’s house payment
may be subsidized to an interest rate as
low as one percent. The amount of
subsidy is based upon the customer’s
household income. After receipt of this
information, if the customer obtains a
loan from RHS, they must update
income information on an annual basis
to renew the payment subsidy. The
aforementioned information required by
RHS is vital to be able to process
applications for RHS assistance and
make prudent loan underwriting and
program decisions. It includes borrower
financial information such as household
income, assets and liabilities and
monthly expenses. Without this
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17:08 Mar 17, 2010
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information, the Agency is unable to
determine if a customer would qualify
for any services or if assistance has been
granted to which the customer would
not be eligible under current regulations
and statutes. The Agency also
encourages its customers to leverage our
mortgage financing with that of other
lenders to assist as many customers as
possible within our limited resources. In
many cases, another lender will leverage
and participate with RHS in assisting
the customer. In these cases, RHS and
the other lender share documentation,
with the customer’s consent, to reduce
duplication. Through our work with
participating lenders, the Agency keeps
abreast of information required by other
lenders to ensure that RHS is not
requiring unnecessary information. The
Agency continually strives to ensure
that information collection burden is
kept to a minimum.
As mentioned, these loans are made
directly by the Agency. RHS also
services these loans for their term (30,
33, or 38 years) and provides tools to
assist the customer in becoming a
successful homeowner. As discussed,
payment subsidies are renewed on an
annual basis. In addition, the Agency
provides credit counseling and other
services to its customers in an effort to
assist them in becoming successful. The
Agency offers many servicing tools
including a moratorium (stop) on
payments, modifications to payment
subsidies to reflect changes in the
customer’s income, loan reamortization, payment workouts, etc. To
obtain this assistance, the Agency must
require certain information such as
updated income and financial
information, etc., to ensure the customer
qualifies for the assistance, and is
provided with the correct benefits based
upon their circumstances.
Direct Single Family Housing loans
are only provided to customers who
cannot obtain other credit for their
housing needs and are required by
statute to refinance with another lender
when they are financially able. To
ensure the Agency meets its statutory
responsibilities, existing customers may
be requested to submit updated income
and financial information for the
Agency to make a determination as to
whether they can ‘‘graduate’’ to other
credit. In addition, should a customer
default on a loan which results in
liquidation, the Agency needs updated
income and financial information to
settle any outstanding indebtedness.
With the implementation of EGOV in
June 2002, individuals are able to make
application on line. We have 64 eForms
which the public can access and print
for personal use. RHS is committed to
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automation and reducing the burden
upon the public.
Estimate of Burden: Public burden for
this collection of information is
estimated to average .30 hours per
response.
Respondents: Approximately 33,000
applicants seeking direct single family
housing loans and grants from the
Agency and approximately 292,000
existing customers who have active
loans and grants under the Section 502
and 504 programs.
Estimated Number of Respondents:
225,586.
Estimated Number of Responses per
Respondent: 1.
Estimated Total Number of
Responses: 1,435,263.
Estimated Total Annual Burden on
Respondents (hours): 428,461.
Copies of this information collection
can be obtained from Linda Watts
Thomas, Regulations and Paperwork
Management Branch at (202) 692–0226.
Dated: March 12, 2010.
˜
Tammye Trevino,
Administrator, Rural Housing Service.
[FR Doc. 2010–5881 Filed 3–17–10; 8:45 am]
BILLING CODE 3410–XV–P
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Request for Extension of a
Currently Approved Information
Collection
Rural Housing Service, USDA.
Proposed collection; comments
requested.
AGENCY:
ACTION:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, this
notice announces the Rural Housing
Service’s intention to request an
extension for a currently approved
information collection in support of the
program for Rural Housing Loans.
DATES: Comments on this notice must be
received by May 17, 2010 to be assured
of consideration.
FOR FURTHER INFORMATION CONTACT:
Debra A. Terrell, Senior Loan Specialist,
Single Family Housing Guaranteed Loan
Division, Rural Housing Service, Stop
0784, 1400 Independence Ave., SW.,
Washington, DC 20250–0784;
Telephone: (202) 720–1452; E-mail:
debra.terrell@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: Rural Housing Loans.
OMB Number: 0575–0078.
Expiration Date of Approval: March
31, 2010.
E:\FR\FM\18MRN1.SGM
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sroberts on DSKD5P82C1PROD with NOTICES
Federal Register / Vol. 75, No. 52 / Thursday, March 18, 2010 / Notices
Type of Request: Extension of a
currently approved information
collection.
Abstract: The Rural Housing Service
(RHS) is authorized under Section
517(d) of Title V of the Housing Act of
1949, as amended, to issue loan
guarantees for the acquisition of new or
existing dwellings and related facilities
to provide decent, safe, and sanitary
living conditions and other structures in
rural areas by eligible recipients.
The Act also authorizes the Secretary
to pay the holder of a guaranteed loan
the difference between the rate of
interest paid by the borrower and the
market rate of interest.
The purpose of the program is to
assist low and moderate income
individuals and families acquire or
construct a single family residence in a
rural area with loans made by private
lenders. Eligibility for this program
includes low and moderate income
families or persons whose income does
not exceed 115 percent of the median
income for the area, as determined by
the Secretary.
The Guaranteed Rural Housing (GRH)
program was authorized under the
Cranston-Gonzalez National Affordable
Housing Act, and the Agency issued a
final rule implementing the GRH
program on April 17, 1991, before
departmental reorganization. The
program began as a pilot program in 20
States on May 17, 1991. In 1992, the
GRH program was offered on a
nationwide basis. During the
implementation process, the Agency
looked for ways to improve the program
and make it more user-friendly.
The Agency recognized the need to
make its program even more compatible
with the existing structure of the
mortgage lending community. On May
22, 1995, the Agency published a final
rule incorporating the needed changes
to encourage greater participation by
lenders and the secondary market for
mortgage loans.
The information requested by the
Agency includes borrower financial
information such as household income,
assets and liabilities, and monthly
expenses. All information collected is
vital for the Agency to determine if
borrowers qualify for and assure they
receive all assistance for which they are
eligible. Information requested on
lenders is required to ensure lenders are
eligible to participate in the GRH
program. Lender requirements are in
compliance with OMB Circular A–129.
Estimate of Burden: Public reporting
burden for this collection of information
is estimated to average 1.44 hours per
response.
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17:08 Mar 17, 2010
Jkt 220001
Respondents: Individuals or
households and business or other forprofits.
Estimated Number of Respondents:
33,393.
Estimated Number of Responses per
Respondent: 8.7.
Estimated Number of Responses:
293,053.
Estimated Total Annual Burden on
Respondents: 204,081 hours.
Copies of this information collection
can be obtained from Linda WattsThomas, Regulations and Paperwork
Management Branch, at (202) 692–0226.
Comments
Comments are invited on: (a) Whether
the proposed collection of information
is necessary for the proper performance
of the functions of RHS, including
whether the information will have
practical utility; (b) the accuracy of
RHS’s estimate of the burden of the
proposed 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 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.
Comments may be sent to Linda
Watts-Thomas, Regulations and
Paperwork Management Branch,
Support Services Division, U.S.
Department of Agriculture, Rural
Development, STOP 0742, 1400
Independence Ave., SW., Washington,
DC 20250–0742. 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.
Dated: March 12, 2010.
˜
Tammye Trevino,
Administrator, Rural Housing Service.
[FR Doc. 2010–5883 Filed 3–17–10; 8:45 am]
BILLING CODE 3410–XV–P
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Intent To Hold Public Forums
To Solicit Feedback From the Public
Regarding the Section 523 Mutual SelfHelp Housing Program; Correction
Rural Housing Service, USDA.
Notice; correction.
AGENCY:
ACTION:
The Rural Housing Service,
USDA published a document in the
SUMMARY:
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Fmt 4703
Sfmt 4703
13075
Federal Register of February 2, 2010,
concerning upcoming public forums
and request for comments regarding the
Section 523 Mutual Self-Help Housing
Program. There has been a change in
one of the forum dates.
FOR FURTHER INFORMATION CONTACT:
Debra S. Arnold,
debra.arnold@wdc.usda.gov or (202)
720–1366.
Correction
In the Federal Register of February 2,
2010, in FR Doc. 2010–2067, on page
5281, in the third column, correct the
date for Mississippi to read March 29,
2010.
Dated: March 10, 2010.
˜
Tammye Trevino,
Administrator, Rural Housing Service.
[FR Doc. 2010–5895 Filed 3–17–10; 8:45 am]
BILLING CODE 3410–XV–P
ARCHITECTURAL AND
TRANSPORTATION BARRIERS
COMPLIANCE BOARD
Meetings
AGENCY: Architectural and
Transportation Barriers Compliance
Board.
ACTION: Notice of meetings.
SUMMARY: The Architectural and
Transportation Barriers Compliance
Board (Access Board) plans to hold its
regular committee and Board meetings
in Washington, DC, Monday through
Wednesday, March 29–31, 2010, at the
times and location noted below.
DATES: The schedule of events is as
follows:
Monday, March 29, 2010
10:30–11 a.m. Budget Committee.
11–Noon Planning and Evaluation
Committee.
1:30–3:30 p.m. Ad Hoc Committee
Meetings (Closed to the Public).
3:30–4:30 p.m. Technical Programs
Committee.
Tuesday, March 30, 2010
9:30–2:30 p.m. Ad Hoc Committee
Meetings, Continued (Closed to the
Public).
2:30–3:30 p.m. Frontier Issues Ad Hoc
Committee.
3:30–4:30 p.m. Accessible Design in
Education Ad Hoc Committee.
Wednesday, March 31, 2010
9:30–11 a.m. Briefing on Health
Information Technology.
1:30–3 p.m. Board Meeting.
E:\FR\FM\18MRN1.SGM
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]]>Agencies
[Federal Register Volume 75, Number 52 (Thursday, March 18, 2010)]
[Notices]
[Pages 13074-13075]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-5883]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCY: Rural Housing Service, USDA.
ACTION: Proposed collection; comments requested.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Rural Housing Service's intention to request an
extension for a currently approved information collection in support of
the program for Rural Housing Loans.
DATES: Comments on this notice must be received by May 17, 2010 to be
assured of consideration.
FOR FURTHER INFORMATION CONTACT: Debra A. Terrell, Senior Loan
Specialist, Single Family Housing Guaranteed Loan Division, Rural
Housing Service, Stop 0784, 1400 Independence Ave., SW., Washington, DC
20250-0784; Telephone: (202) 720-1452; E-mail:
debra.terrell@wdc.usda.gov.
SUPPLEMENTARY INFORMATION:
Title: Rural Housing Loans.
OMB Number: 0575-0078.
Expiration Date of Approval: March 31, 2010.
[[Page 13075]]
Type of Request: Extension of a currently approved information
collection.
Abstract: The Rural Housing Service (RHS) is authorized under
Section 517(d) of Title V of the Housing Act of 1949, as amended, to
issue loan guarantees for the acquisition of new or existing dwellings
and related facilities to provide decent, safe, and sanitary living
conditions and other structures in rural areas by eligible recipients.
The Act also authorizes the Secretary to pay the holder of a
guaranteed loan the difference between the rate of interest paid by the
borrower and the market rate of interest.
The purpose of the program is to assist low and moderate income
individuals and families acquire or construct a single family residence
in a rural area with loans made by private lenders. Eligibility for
this program includes low and moderate income families or persons whose
income does not exceed 115 percent of the median income for the area,
as determined by the Secretary.
The Guaranteed Rural Housing (GRH) program was authorized under the
Cranston-Gonzalez National Affordable Housing Act, and the Agency
issued a final rule implementing the GRH program on April 17, 1991,
before departmental reorganization. The program began as a pilot
program in 20 States on May 17, 1991. In 1992, the GRH program was
offered on a nationwide basis. During the implementation process, the
Agency looked for ways to improve the program and make it more user-
friendly.
The Agency recognized the need to make its program even more
compatible with the existing structure of the mortgage lending
community. On May 22, 1995, the Agency published a final rule
incorporating the needed changes to encourage greater participation by
lenders and the secondary market for mortgage loans.
The information requested by the Agency includes borrower financial
information such as household income, assets and liabilities, and
monthly expenses. All information collected is vital for the Agency to
determine if borrowers qualify for and assure they receive all
assistance for which they are eligible. Information requested on
lenders is required to ensure lenders are eligible to participate in
the GRH program. Lender requirements are in compliance with OMB
Circular A-129.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 1.44 hours per response.
Respondents: Individuals or households and business or other for-
profits.
Estimated Number of Respondents: 33,393.
Estimated Number of Responses per Respondent: 8.7.
Estimated Number of Responses: 293,053.
Estimated Total Annual Burden on Respondents: 204,081 hours.
Copies of this information collection can be obtained from Linda
Watts-Thomas, Regulations and Paperwork Management Branch, at (202)
692-0226.
Comments
Comments are invited on: (a) Whether the proposed collection of
information is necessary for the proper performance of the functions of
RHS, including whether the information will have practical utility; (b)
the accuracy of RHS's estimate of the burden of the proposed 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 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.
Comments may be sent to Linda Watts-Thomas, Regulations and
Paperwork Management Branch, Support Services Division, U.S. Department
of Agriculture, Rural Development, STOP 0742, 1400 Independence Ave.,
SW., Washington, DC 20250-0742. 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.
Dated: March 12, 2010.
Tammye Trevi[ntilde]o,
Administrator, Rural Housing Service.
[FR Doc. 2010-5883 Filed 3-17-10; 8:45 am]
BILLING CODE 3410-XV-P
