7 CFR 3575-A, Community Programs Guaranteed Loans

Forms and Documents

Document Name	Status
Form RD 449-30 7 CFR 3575-A, Community Programs Guaranteed Loans - Private Sector Form	Modified
Form RD 449-14 7 CFR 3775-A; State, Local and Tribal Form	New
Supporting_Statement_3575_June_2010 rev.docx Supporting Statement A	2010-06-04
RD1980-44.PDF Supplementary Document	2010-01-04
RD1980-41.PDF Supplementary Document	2010-01-04
GRID_3575_June_2010 rev.xlsx Supplementary Document	2010-06-04

IC Document Collections

IC ID	Document Title	Status
1995	7 CFR 3575-A, Community Programs Guaranteed Loans - Private Sector Form	Modified
191694	7 CFR 3775-A; State, Local and Tribal Form	New

ICR Details

OMB Control No: 0575-0137	ICR Reference No: 200910-0575-001
Status: Historical Active	Previous ICR Reference No: 200709-0575-001
Agency/Subagency: USDA/RHS	Agency Tracking No:
Title: 7 CFR 3575-A, Community Programs Guaranteed Loans
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/15/2010
	Date Received in OIRA: 02/09/2010
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2013	36 Months From Approved	07/31/2010
Responses	135,526	0	48,021
Time Burden (Hours)	146,298	0	83,030
Cost Burden (Dollars)	0	0	0

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Abstract: Regulation promulgates the policies and procedures for Community Program loans guaranteed by the Agency and applies to lenders, holders, borrower, and other parties involved in making, guaranteeing, holdings, servicing, or liquidating such loans.

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Authorizing Statute(s): US Code: 7 USC 1926 Section 306 Name of Law: Consolidated Farm and Rural Development Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	74 FR 53462	10/19/2009
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 6341	02/09/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
7 CFR 3575-A, Community Programs Guaranteed Loans - Private Sector	449-14, 449-35, 449-36, 1980-19, 1980-43, 3575-1, RD 449-30	Guaranteed Loan Report of Loss ,   Conditional Commitment for Guarantee ,   Lender's Agreement ,   Assignment Guarantee Agreement ,   Guaranteed Loan Closing Report ,   Lender's Guaranteed Loan Payment to USDA ,   Application for Loan and Guarantee
7 CFR 3775-A; State, Local and Tribal	RD 449-30, RD 449-35, RD 449-36, RD 1980-43, RD 3575-1, RD 1980-19, RD 449-14	Conditional Commitment for Guarantee ,   Report of Loss ,   Lender's Agreement ,   Assignment Guarantee Agreement ,   Guaranteed Loan Closing Report ,   Lender's Guaranteed Loan Payment to USDA ,   Application for Loan and Guarantee

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ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	135,526	48,021	0	0	87,505	0
Annual Time Burden (Hours)	146,298	83,030	0	0	63,268	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: FSA has implemented its own new regulation with associated forms RD 449-30; RD 1980-19 and RD 1980-43. This program change has resulted in the significant decrease in burden for this submission.

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Annual Cost to Federal Government: $23,600,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 02/09/2010

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