Minority and Women Inclusion

Forms and Documents

Document Name	Status
Supporting Statement MWI.pdf Supporting Statement A	2021-10-05

IC Document Collections

IC ID	Document Title	Status
211916	Minority and Women Inclusion	Modified

ICR Details

OMB Control No: 2590-0014	ICR Reference No: 202110-2590-001
Status: Received in OIRA	Previous ICR Reference No: 201807-2590-001
Agency/Subagency: FHFA	Agency Tracking No: 2021-N-10
Title: Minority and Women Inclusion
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 10/05/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved	10/31/2021
Responses	205	200
Time Burden (Hours)	21	20
Cost Burden (Dollars)	0	0

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Abstract: The Federal Housing Finance Agency's (FHFA) regulations on minority and women inclusion require the Federal Home Loan Banks (Banks) and the Office of Finance to include in the contents of their annual reports certain demographic information related to their boards of directors as well as a description of their related activities during the reporting year. Under the regulations, each Bank and the Office of Finance are required to request annually that each member of its board of directors provide, on a voluntary basis, self-identification of his or her demographic classification, without including personally identifiable information. Each Bank and the Office of Finance are also required to submit the baseline board demographic information collected to FHFA as part of their annual reports that they are required to submit under the regulations.

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Authorizing Statute(s): EO: EO 11478 Name/Subject of EO: Equal employment opportunity in the Federal Government
   US Code: 12 USC 4520 Name of Law: Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended
   US Code: 12 USC 1833e
  

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:
	86 FR 37330	07/15/2021
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 54971	10/05/2021
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Minority and Women Inclusion

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ICR Summary of Burden

	Total Request	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	205	200	0	5	0	0
Annual Time Burden (Hours)	21	20	0	1	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: FHFA’s estimate for the total burden associated with this information collection has increased by .5 hours, from 20 to 20.5 hours. This is because the maximum total number of Bank and Office of Finance board directors who would be asked to provide their demographic data has increased from 200 to 205.

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Annual Cost to Federal Government: $0

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)? Yes

Is this ICR related to the Pandemic Response? No

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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: 10/05/2021

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