7 CFR 1951 â Servicing and Collection Common Forms
New collection (Request for a new OMB Control Number)
Yes
Regular
12/07/2023
table that charts list comparision
Requested
Previously Approved
36 Months From Approved
5
0
6
0
0
0
The information collection under OMB Number 0570-New will enable the Agencies to effectively provide servicing to a recipientâs post disbursement loan and/or debt collection efforts to support Agencies and parties involved.
The Rural Housing Service (RHS), Rural Business and Cooperative Service (RBCS) and Rural Utilities service (RUS) agencies within the Rural Development mission area, hereinafter referred to as Agency, is the credit Agency for agriculture and rural development for the United States Department of Agriculture. The Agency offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing; health care; first responder services and equipment; and water, electric and communications infrastructure.
Rural Development has determined that the financial reporting requirements are necessary to provide the Agency with current information in order to monitor the program, to make various reporting requirements to Congress, and for program innovation and expansion under the Governmentâs Performance Review.
US Code:
7 USC 1932
Name of Law: Assistance for Rural Entities
US Code:
7 USC 1989
Name of Law: Preferred Certified Lenders Program
US Code:
31 USC 3716
Name of Law: Administrative Offset
US Code:
42 USC 1480
Name of Law: Administrative Powers of Secretary
US Code:
5 USC 301
Name of Law: Departmental Regulations
This collection will include servicing common forms 1951-5, 1951-10, 1951-15, 1951-33 and 1951-65 for a more efficient process for RD programs.
Reginfo record details
table that charts list of RCF
Agency/Sub Agency
RCF ID
RCF Title
RCF Status
IC Title
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.