0575-0093 60 Day Federal Register Notice Analyzing Credit Needs

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Federal Register / Vol. 87, No. 140 / Friday, July 22, 2022 / Notices
Comment.’’ Information on using
Regulations.gov, including instructions
for accessing documents, submitting
comments, and viewing the docket after
the close of the comment period, is
available through the site’s ‘‘FAQ’’ link.
FOR FURTHER INFORMATION CONTACT:
MaryPat Daskal, Chief, Branch 1, Rural
Development Innovation Center—
Regulations Management Division,
United States Department of
Agriculture, 1400 Independence Avenue
SW, South Building, Washington, DC
20250–1522. Telephone: (202) 720–
7853. Email [email protected].
SUPPLEMENTARY INFORMATION: The Office
of Management and Budget’s (OMB)
regulation (5 CFR part 1320)
implementing provisions of the
Paperwork Reduction Act of 1995 (Pub.
L. 104–13) requires that interested
members of the public and affected
agencies have an opportunity to
comment on information collection and
recordkeeping activities (see 5 CFR
1320.8(d)). This notice identifies the
following information collection that
RHS is submitting to OMB as extension
to an existing collection with Agency
adjustment.
Title: 7 CFR part 1956–C, Debt
Settlement—Community and Business
Programs.
OMB Control Number: 0575–0124.
Expiration Date of Approval:
December 31, 2022.
Type of Request: Revision of a
currently approved information
collection.
Estimate of Burden: Public reporting
for this collection of information is
estimated to average 6.2 hours per
response.
Respondents: Not-for-profit
institutions and other businesses.
Estimated Number of Respondents:
97.
Estimated Number of Responses: 205.
Estimated Number of Responses per
Respondent: 7.5.
Estimated Total Annual Burden on
Respondents: 1,265.
Abstract: Rural Development
(including the Rural Housing Service
(RHS), the Rural Business-Cooperative
Service (RBS), and the Rural Utilities
Service (RUS), hereinafter referred to as
Agency, are the credit agencies for
agricultural and rural development for
the United States Department of
Agriculture. The Agency offers
supervised credit to develop, improve,
and operate family farms, modest
housing, essential community facilities,
and business and industry across rural
communities. Rural Development offers
loans, grants, and loan guarantees to
help create jobs and support economic

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development and essential services such
as housing; health care; first responder
services and equipment; and water,
electric and communications
infrastructure.
The Community Facilities loan
program of RHS is authorized by
Section 306 of the Consolidated Farm
and Rural Development Act (7 U.S.C.
1926). The purpose of the Community
Facilities loan program is to make loans
to public entities, nonprofit
corporations, and Indian tribes for the
development of essential community
facilities for public use in rural areas.
The Business and Industry program is
authorized by Section 310 B 7 (U.S.C.
1932) (Pub. L. 92–419, August 30, 1972)
of the Consolidated Farm and Rural
Development Act to improve, develop,
or finance business, industry, and
employment and improve the economic
and environmental climate in rural
communities. The Business and
Industry programs eligible for debt
settlement under this provision are
limited to Business and Industry direct
loans. Debt Settlement of Economic
Opportunity Cooperative Loans, Claims
Against Third Party Converters, Nonprogram loans, Rural Business
Enterprise/Television Demonstration
grants, Rural Development Loan Fund
loans, Intermediary Relending Program
loans, and Nonprofit National
Corporation loans and grants, are not
authorized. Under independent
statutory authority, settlement under
these programs is handled pursuant to
the Federal Claims Collection Joint
Standards, 4 CFR parts 101 through 105.
The debt settlement program provides
the delinquent client with an equitable
tool for the compromise, adjustment,
cancellation, or charge-off of a debt
owed to the Agency. The term
settlement is used for convenience in
referring to compromise, adjustment,
cancellation, or charge off actions
individually or collectively. If a debt is
eligible for settlement, the debt
settlement authorities are extended to
the debtor. All debtors are entitled to
impartial treatment and uniform
consideration under this subpart. The
information collected is similar to that
required by a commercial lender in
similar circumstances.
The information collected is similar to
that required by a commercial lender in
similar circumstances. Information will
be collected by the field offices from
borrowers, consultants, lenders, and
attorneys. Failure to collect information
could result in improper servicing of
these loans.
Comments are invited on:
(a) Whether the collection of
information is necessary for the proper

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performance of the functions of the
agency, including whether the
information will have practical utility.
(b) the accuracy of the agency’s
estimate of the burden of the collection
of information including the validity of
the methodology and assumptions used.
(c) ways to enhance the quality,
utility, and clarity of the information to
be collected; and (d) ways to minimize
the burden of the collection of
information on respondents, including
through the use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology. All responses to this notice
will be summarized and included in the
request for OMB approval. All
comments will become a matter of
public record.
Copies of this information collection
can be obtained from Arlette
Mussington, Rural Development
Innovation Center—Regulations
Management Division, at (202) 720–
7853. Email: arlette.mussington@
usda.gov.
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
Joaquin Altoro,
Administrator, Rural Housing Service.
[FR Doc. 2022–15651 Filed 7–21–22; 8:45 am]
BILLING CODE 3410–XV–P

DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No. RHS–22–NONE–0013]

60-Day Notice of Proposed Information
Collection: Analyzing Credit Needs and
Graduation of Borrowers; OMB Control
No.: 0575–0093
Rural Housing Service, USDA.
Notice; request for comments.

AGENCY:
ACTION:

In accordance with the
Paperwork Reduction Act of 1995, as
amended, the United States Department
of Agriculture (USDA), the Rural
Housing Service (Agency) announces
its’ intention to request an extension of
a currently approved information
collection and invites comments on this
information collection.
DATES: Comments on this notice must be
received by September 20, 2022 to be
assured of consideration.
ADDRESSES: Comments may be
submitted electronically by the Federal
eRulemaking Portal: Go to http://
www.regulations.gov and, in the
‘‘Search Field’’ box, labeled ‘‘Search for
SUMMARY:

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Federal Register / Vol. 87, No. 140 / Friday, July 22, 2022 / Notices

Rules, Proposed Rules, Notices or
Supporting Documents,’’ enter the
following docket number: (RHS–22–
NONE–0013). To submit or view public
comments, click the ‘‘Search’’ button,
select the ‘‘Documents’’ tab, then select
the following document title: (60-Day
Notice of Proposed Information
Collection: Analyzing Credit Needs and
Graduation of Borrowers; OMB Control
No.: 0575–0093) from the ‘‘Search
Results’’ and select the ‘‘Comment’’
button. Before inputting your
comments, you may also review the
‘‘Commenter’s Checklist’’ (optional).
Insert your comments under the
‘‘Comment’’ title, click ‘‘Browse’’ to
attach files (if available). Input your
email address and select ‘‘Submit
Comment.’’
Information on using Regulations.gov,
including instructions for accessing
documents, submitting comments, and
viewing the docket after the close of the
comment period, is available through
the site’s ‘‘FAQ’’ link.
Other Information: Additional
information about Rural Development
and its programs is available on the
internet at https://www.rd.usda.gov.
All comments will be available for
public inspection online at the Federal
eRulemaking Portal (https://
www.regulations.gov).

jspears on DSK121TN23PROD with NOTICES

FOR FURTHER INFORMATION CONTACT:

Crystal Pemberton, Management
Analyst, Branch 1, Rural Development
Innovation Center—Regulations
Management Division, United States
Department of Agriculture, 1400
Independence Avenue SW, South
Building, Washington, DC 20250–1522.
Telephone: 202–260–8621. Email
[email protected].
SUPPLEMENTARY INFORMATION: The Office
of Management and Budget’s (OMB)
regulation (5 CFR 1320) implementing
provisions of the Paperwork Reduction
Act of 1995 (Pub. L. 104–13) requires
that interested members of the public
and affected agencies have an
opportunity to comment on information
collection and recordkeeping activities
(see, 5 CFR 1320.8(d)). This notice
identifies the following information
collection that the Agency is submitting
to OMB as extension to an existing
collection with Agency adjustment.
Title: 7 CFR part 1951; subpart F,
Analyzing Credit Needs and Graduation
of Borrowers.
OMB Control Number: 0575–0093.
Expiration Date of Approval:
November 30, 2022.
Type of Request: Extension of a
currently approved information
collection.

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Estimate of Burden: Public reporting
burden for this collection of information
is estimated to average 1 hours per
response.
Respondents: Public bodies, Not for
Profits, or Indian Tribes.
Estimated Number of Respondents:
437.
Estimated Number of Responses per
Respondent: 1.
Estimated Number of Hours per
Response: 2.
Estimated Total Annual Burden on
Respondents: 884.
Abstract: Section 333 of the
Consolidated Farm and Rural
Development Act (CONACT) (7 U.S.C.
1983) requires the Agencies to graduate
their direct loan borrowers to other
credit when possible. Graduation is
required because the Government loans
are not to be extended beyond a
borrower’s need for subsidized rates or
Government credit. Borrowers must
refinance their direct Government loan
when other credit becomes available at
reasonable rates and terms. If other
credit is not available, the Agencies will
continue to periodically review the
account for possible graduation
intervals. The information collected to
carry out these statutory mandates is
financial data such as amount of
income, operating expenses, asset
values and liabilities. This information
collection is then submitted by the
Agencies to private creditors. The
reporting burden covered by this
collection of information consists of
forms, documents and written burden to
support a request for funding for
analyzing credit needs and graduation
of borrowers.
Comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
Agency, including whether the
information will have practical utility;
(b) the accuracy of the Agency’s
estimate of the burden of the proposed
collection of information including the
validity of the methodology and
assumptions used;
(c) ways to enhance the quality, utility
and clarity of the information to be
collected; and
(d) ways to minimize the burden of
the collection of information on those
who are to respond, including through
the use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
Copies of this information collection
can be obtained from Crystal Pemberton,
Rural Development Innovation Center—
Regulations Management Division, at

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202–260–8621. Email:
[email protected].
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
also become a matter of public record.
Joaquin Altoro,
Administrator, Rural Housing Service.
[FR Doc. 2022–15650 Filed 7–21–22; 8:45 am]
BILLING CODE 3410–XV–P

DEPARTMENT OF AGRICULTURE
Rural Housing Service
[Docket No. RHS–22–SFH–0001]

60-Day Notice of Proposed Information
Collection: Form RD 410–8 ‘‘Applicant
Reference Letter’’ (A Request for Credit
References); OMB Control No.: 0575–
0091
Rural Housing Service (RHS),
USDA.
ACTION: Notice; request for comments.
AGENCY:

In accordance with the
Paperwork Reduction Act of 1995, as
amended, the United States Department
of Agriculture (USDA), Rural Housing
Service (RHS), announces its’ intention
to request an extension of a currently
approved information collection and
invites comments on this information
collection.
DATES: Comments on this notice must be
received by September 20, 2022 to be
assured of consideration.
ADDRESSES: Comments may be
submitted by the Federal eRulemaking
Portal: Go to http://www.regulations.gov
and, in the ‘‘Search Field’’ box, labeled
‘‘Search for Rules, Proposed Rules,
Notices, or Supporting Documents,’’
enter the following docket number:
(RHS–22–SFH–0001). To submit or view
public comments, click the
‘‘Documents’’ tab, then select the
following document title: (Applicant
Reference Letter (A Request for Credit
Reference) from the ‘‘Search Results,’’
and select the ‘‘Comment’’ button.
Before inputting your comments, you
may also review the ‘‘Commenter’s
Checklist’’ (optional). Insert your
comments under the ‘‘Comment’’ title,
click ‘‘Browse’’ to attach files (if
available). Input your email address and
select ‘‘Submit Comment.’’ Information
on using Regulations.gov, including
instructions for accessing documents,
submitting comments, and viewing the
docket after the close of the comment
period, is available through the site’s
‘‘FAQ’’ link.
FOR FURTHER INFORMATION CONTACT:
MaryPat Daskal, Chief, Branch 1, Rural
SUMMARY:

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