Direct Single Family Housing Loan and Grant Programs, 7 CFR 3550 - HB-1-3550, and HB-2-3550
Revision of a currently approved collection
No
Regular
Approved with change
11/02/2023
05/24/2023
In accordance with 5 CFR 1320, the information collection is approved for three years. As terms of clearance, however, the Agency is asked to ensure that the forms included in this collection display updated PRA and Privacy Act statements, as necessary, as part of its renewal request. In addition, since the Agency requires respondents to use eForms, the Agency is requested to include screenshots for all forms, to the extent possible, in its renewal request.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
11/30/2026
36 Months From Approved
02/28/2025
647,177
0
638,077
310,496
0
305,646
0
0
0
The information collected in this package will be to assist individuals in obtaining affordable housing. The information requested by RHS is vital to be able to process applications for RHS assistance and make prudent credit and program decisions. It includes borrowerÂs financial information such as household income, assets and liabilities and monthly expenses. Without this information the Agency would be unable to determine if a borrower would qualify for services or if assistance has been granted to which the customer would not be eligible under current regulations and statutes.
This submission is for a revision of a currently approved collection package to add a new Section 504-intake form. This simplified 504 and âprequalificationâ process is aimed to boost program usage while relieving applicant burden.
This change resulted in an increase of the number of previously approved responses from 638,077 to 647,177, and the number of burden hours from 305,646 to 310,496 burden hours. The total cost to the public for this collection is $6,165,947.
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.