Submission for OMB Review; Comment Request, 79990 [2020-27274]

Agencies

• DEPARTMENT OF AGRICULTURE

[Federal Register Volume 85, Number 239 (Friday, December 11, 2020)]
[Notices]
[Page 79990]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-27274]


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Notices
                                                Federal Register
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This section of the FEDERAL REGISTER contains documents other than rules 
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Federal Register / Vol. 85, No. 239 / Friday, December 11, 2020 / 
Notices

[[Page 79990]]



DEPARTMENT OF AGRICULTURE


Submission for OMB Review; Comment Request

December 8, 2020.
    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 
are requested regarding: 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; the 
accuracy of the agency's estimate of burden including the validity of 
the methodology and assumptions used; ways to enhance the quality, 
utility and clarity of the information to be collected; and 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 regarding this information collection received by January 
11, 2021 will be considered. Written comments and recommendations for 
the proposed information collection should be submitted within 30 days 
of the publication of this notice on the following website 
www.reginfo.gov/public/do/PRAMain. Find this particular information 
collection by selecting ``Currently under 30-day Review--Open for 
Public Comments'' or by using the search function
    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.

Rural Housing Service

    Title: Single Family Housing Guaranteed Loan Program.
    OMB Control Number: 0575-0179.
    Summary of Collection: The Housing and Community Facilities Program 
(HCFP), hereinafter referred to as the ``Agency,'' is a credit agency 
for the Rural Housing Service of the U.S. Department of Agriculture. 
The Agency offers supervised credit programs to build modest housing 
and essential community facilities in rural areas. This regulation 
prescribes the policy necessary to process Rural Housing loan 
guarantees to low- and moderate-income applicants. Section 517 (d) of 
Title V of the Housing Act of 1949, as amended, provides the authority 
for the Secretary of Agriculture 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.
    The purpose of the Single-Family Housing Guaranteed Loan Program 
(SFHGLP) is to assist low and moderate-income individuals and families 
in acquiring or constructing a single-family residence in designated 
rural areas with loans originated and serviced by private lenders. 
Eligibility for this program includes very low, 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.
    Need and Use of the Information: Information is collected from both 
a potential homebuyer and lender. To participate in the program, 
lenders must submit to standards which ensure the loan objectives of 
the SFHGLP are met. The lender submits qualifications to the Agency and 
enters into an agreement that outlines both the lender and Agency's 
commitments and responsibilities under the guaranteed program. 
Information from a homebuyer includes financial documents such as 
confirmation of household income, assets and liabilities, a credit 
record, evidence the homebuyer has adequate repayment ability for the 
loan amount requested and if the condition and location of the property 
meet program guidelines. All information collected is vital for the 
Agency to determine if borrowers qualify for all assistance for which 
they are eligible.
    Description of Respondents: Business or other for-profit; State, 
Local or Tribal Government.
    Number of Respondents: 2,520.
    Frequency of Responses: Reporting: Monthly; Quarterly; Annually.
    Total Burden Hours: 1,327,476.

Levi S. Harrell,
Departmental Information Collection Clearance Officer.
[FR Doc. 2020-27274 Filed 12-10-20; 8:45 am]
BILLING CODE 3410-XV-P