The collection is used to provide
supervised credit as legislatively mandated, ensure when loan funds
are used for construction, work is completed according to
applicable state and local standards; ensure loan repayment plan is
developed using realistic data; and develop a loan
assessment.
This Justification for Change
request is to merge the following information collection 0560-0271
into 0560-0238. Because rulemaking was involved, a new collection
was created. Within the rule and supporting statement, it stated
that upon OMB approval the collection will be merged into
0560-0238. As a result of the merger the number of respondent
increased by 1804, the number of responses increased by 4358 and
the number of burden hours increased by 3949. The new total burden
for this collection is 252,500.
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.