Information collected determines if
the Department will guarantee loans and mortgage insurance made by
private lenders to Native American borrowers on "Indian
areas".
This “reinstatement with
change” is requested for three reasons: (1) change in forms and
estimated burden associated with the automated ONAP-LOS, (2)
addition of forms for the Section 184-A program, and (3)
significantly increased participation by lenders and borrowers. All
three reasons for changes in burden and cost estimates are
explained below. 1. ONAP-LOS. The implementation of ONAP-LOS has
reduced burden and cost estimates through automation and the
reduction in forms to be completed and submitted to ONAP. The
estimated burden and cost are expected to reduce burden further
once the system fully operational. 2. Addition of Section 184-A
Forms. This PRA includes all forms associated with the Section
184-A program which serves eligible native Hawaiians. The forms
were not included in prior PRAs because the volume of loan
guarantees for native Hawaiians has been so much smaller than the
volume of loan guarantees the Section 184 program, prompting ONAP
to believe that Section 184-A forms were not subject to PRA
requirements. This administrative oversight is being corrected by
the subject PRA. Virtually all of the Section 184-A forms are
identical to the Section 184 forms because they serve the same
purpose. Further, Section 184-A and Section 184 forms must be
treated as separate forms because of differing statutory and
regulatory authorities. All Section 184-A forms are paper-based
because ONAP-LOS is currently designed for the Section 184 program
only. It is anticipated that with proper budgetary resources,
ONAP-LOS will be expanded to include Section 184-A, and many of the
forms will be replaced through automation. 3. Increased Lender and
Borrower Participation. The last time ONAP submitted a PRA for the
Section 184 program was in 2014. During that year, ONAP’s Office of
Loan Guarantee (OLG) had significantly less budgetary authority to
guarantee loans, resulting in a significantly lower number of
respondents and less burden and cost. Since that time, OLG has
received increased budgetary authority, thereby enabling it to
successfully expand its marketing and outreach to lenders and
borrowers. In 2017, OLG estimates that it will receive 26,984
respondents annually, representing a 3,000 per cent increase over
the 850 respondents received in 2014. The onset of ONAP-LOS enables
OLG to absorb the large increase in respondents without
diminishment to program efficiency and effectiveness.
$0
No
Yes
Yes
No
No
No
Uncollected
Thomas Wright 2027080614 ext.
4978
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:
(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.
Form HUD-50132 Loan Guarantees for Indian Housing
PTA Forms.docx
Published 60-day FR Notice.pdf
Loan Guarantees for Indian Housing