Information collected determines if the Department will guarantee loans and mortgage insurance made by private lenders to Native American borrowers on "Indian areas".
This âreinstatement with changeâ 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, ONAPâs 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