7 CFR 3575-A, Community Programs Guaranteed Loans

Forms and Documents

Document Name	Status
Form 449-14 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	Modified
935-2a.pdf Supplementary Document	2017-05-22
SF424_10-2019.pdf Supplementary Document	2017-05-22
0575-0137 2017 Supporting Statement (1).docx Supporting Statement A	2017-07-17
0575-0137 2017 Grid.xls Supplementary Document	2017-05-22

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	Modified

ICR Details

OMB Control No: 0575-0137	ICR Reference No: 201705-0575-001
Status: Historical Active	Previous ICR Reference No: 201305-0575-002
Agency/Subagency: USDA/RHS	Agency Tracking No:
Title: 7 CFR 3575-A, Community Programs Guaranteed Loans
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: 12/28/2017
	Date Received in OIRA: 07/21/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2020	36 Months From Approved	12/31/2017
Responses	2,797	0	3,701
Time Burden (Hours)	12,401	0	15,606
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:
	82 FR 16024	03/31/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 33864	07/21/2017
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	RD 1980-44, 400-1, RD 400-6, RD 1980-41, RD 449-30, 449-14, 449-35, 449-36, 1980-19, 1980-43, 3575-1	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 ,   Equal Opportunity Agreement ,   Compliance Statement ,   Guaranteed Loan Status Report ,   Guaranteed Loan Borrower Default Status ,   Guarantee Loan Report of Loss
7 CFR 3775-A; State, Local and Tribal	RD 400-1, RD 1980-44, RD 1980-41, RD 449-30, RD 400-6, RD 449-35, RD 449-36, RD 1980-43, RD 3575-1, RD 1980-19, RD 449-14	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 ,   Equal Opportunity Agreement ,   Compliance Statement ,   Guaranteed Loan Status Report ,   Guaranteed Loan Borrower Default Status ,   Guarantee loan Report of Loss

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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	2,797	3,701	0	0	-904	0
Annual Time Burden (Hours)	12,401	15,606	0	0	-3,205	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: The reduction in burden of 3,205 hours is primarily the result of evaluating and updating the numbers to reflect the past three years of activity in the Community Facilities guarantee program. The previous burden assumed approximately 54 applications per year while the current data reflects approximately 30 applications per year. The reduction in number can likely be attributed to (1) an increase in Community Facilities direct loan funds which shifted priority to utilization of direct loan dollars; and (2) the average dollar guarantee increased from $3 million in the previous burden package to $5 million. While the program dollars available have remained mostly stable, the requests have been larger resulting in fewer applications and obligations.

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Annual Cost to Federal Government: $3,733,156

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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

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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: 07/21/2017

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