Advances to Housing Associates

Forms and Documents

Document Name	Status
Advances to Housing Associates--Supporting Statement Final.pdf Supporting Statement A	2015-09-30

IC Document Collections

IC ID	Document Title	Status
32155	Advances to Housing Associates: Maintenance Respondents	Modified
189078	Advances to Housing Associates: Applicants	Modified

ICR Details

OMB Control No: 2590-0001	ICR Reference No: 201509-2590-005
Status: Historical Active	Previous ICR Reference No: 201207-2590-001
Agency/Subagency: FHFA	Agency Tracking No: 2015-N-08
Title: Advances to Housing Associates
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/03/2015
	Date Received in OIRA: 09/30/2015
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2018	36 Months From Approved	12/31/2015
Responses	79	0	69
Time Burden (Hours)	336	0	286
Cost Burden (Dollars)	2,131	0	1,800

---

Abstract: Enables the Federal Home Loan Banks and, where appropriate, the Federal Housing Finance Agency to determine if a respondent satisfies the statutory and regulatory requirements to be certified initially, and to maintain its status as a housing associate eligible to receive Bank advances.

---

Authorizing Statute(s): US Code: 12 USC 1430b Name of Law: Federal Home Loan Bank Act
  

Citations for New Statutory Requirements: None

---

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

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 38200	07/02/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 58729	09/30/2015
Did the Agency receive public comments on this ICR? Yes

---

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

IC Title	Form No.	Form Name
Advances to Housing Associates: Maintenance Respondents
Advances to Housing Associates: Applicants

---

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	79	69	0	0	10	0
Annual Time Burden (Hours)	336	286	0	0	50	0
Annual Cost Burden (Dollars)	2,131	1,800	0	0	331	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: FHFA has increased the estimated total annual burden hours slightly to 336 from the 286 that were shown in the Supporting Statement submitted with the request for renewal of this information collection in 2012. This increase is due to two factors: (1) an increase (to 2 from 1) in the estimated number of entities applying to be certified as Housing Associates annually; and (2) an increase (to 77 from 68) in the estimated number of existing Housing Associates that will need to comply with the annual reporting requirements. FHFA made both of those adjustments based on the actual increase in the number of Housing Associates from December 31, 2011 through December 31, 2014. In addition, FHFA has increased the estimated annualized costs associated with the burden hours reported under Item #12 (to $22,645 from $17,932). This increase is due partially to the increase in the estimated number of existing Housing Associates and applicants described above and partially to the fact that we have adjusted all of the estimated "per hour" costs to reflect a 5.8% total increase in the Employment Cost Index (ECI) for civilian workers since 2012. FHFA has also increased its estimate of other annualized costs reported under Item #13 (to $2,131 from $1,800) to reflect the higher estimated number of Housing Associates and applicants and a 3.8 percent total increase in the Consumer Price Index for all Urban Consumers (CPI-U) from 2012 to 2015.

---

Annual Cost to Federal Government: $0

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]? No

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

Is this ICR related to the Pandemic Response? Uncollected

---

Common Form ICR:  No

---

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: 09/30/2015

---