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.
The burden hours from 0560-0275
information collection request (ICR) are being merged with this
collection. The burden hours will increase by 444. The final rule
for Farm Loan Programs Loan Making Activities (Streamlining) was
published on December 2, 2011. Upon OMB approval, the 0560-0275 ICR
will discontinue in ROCIS.
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.