New collection (Request for a new OMB Control Number)
No
Regular
Comment filed on proposed rule
12/13/2007
09/14/2007
In accordance with 5 CFR 1320, OMB is withholding approval at this time. Prior to publication of the final rule, the agency must submit to OMB a summary of all comments related to the information collection contained in the proposed rule and the agency response. The agency should clearly indicate any changes made to the information collection as a result of these comments.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
Rural Development is implementing a new consolidated guaranteed loan program which would combine four existing guaranteed loan programs under one regulatory platform. The four programs include: (1) the Community Facility Program, (2) the Water and Waste Disposal Program, (3) the Business and Industry Program, and (4) the Renewable Energy Systems and Energy Efficiency Improvements Program under Title IX, Section 9. This collection of information will be used to determine borrower eligibility, and project eligibility and feasibility and ensure that borrowers operate on a sound basis and use funds for authorized purposes.
This is a new collection replacing four current programs. When compared to the current OMB inventory for the four programs being replaced, the new consolidated guaranteed loan program is projected to reduce overall burden from 69,734 burden hours to 48,892 burden hours by delivering a more efficient and streamlined program.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Individuals