[Federal Register Volume 76, Number 53 (Friday, March 18, 2011)]
[Notices]
[Pages 14899-14900]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-6462]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Notice of Request for Revision of a Currently Approved
Information Collection
AGENCIES: Rural Housing Service and Rural Business-Cooperative
Service, USDA.
ACTION: Proposed collection; comments requested.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the intention of the above-named Agencies to request
an extension for the currently approved information collection in
support of the servicing of Community and Direct Business Programs
Loans and Grants.
DATES: Comments on this notice must be received by May 17, 2011 to be
assured of consideration.
FOR FURTHER INFORMATION CONTACT: Beth Jones, Senior Loan Specialist,
Community Programs Direct Loans and
[[Page 14900]]
Grants Processing and Servicing, RHS, USDA, 1400 Independence Ave.,
SW., STOP 0787, Washington, DC 20250-0787, Telephone (202) 720-1498, E-
mail [email protected].
SUPPLEMENTARY INFORMATION:
Title: 7 CFR 1951-E, Servicing of Community and Direct Business
Programs Loans and Grants.
OMB Number: 0575-0066.
Expiration Date of Approval: August 31, 2011.
Type of Request: Extension of a currently approved information
collection.
Abstract: The Community Facilities program is authorized to make
loans and grants to public entities, nonprofit corporations, and Indian
tribes for the development of essential community facilities primarily
serving rural residents. The Direct Business and Industry program,
under Rural Business-Cooperative Service, is authorized to make loans
to improve, develop, or finance business, industry, and employment, and
improve the economic and environmental climate in rural communities.
The purpose of this collection is to establish security servicing
policies, assist recipients in meeting the objectives of the loans and
grants, repay loans on schedule, comply with agreements, and protect
the Government's financial interest. Routine servicing responsibilities
include collection of payments, compliance reviews, security
inspections, review of financial reports, determining applicant/
borrower eligibility and project feasibility for various servicing
actions, monitoring delinquent accounts, and supervision activities.
Supervision by the Agencies include, but is not limited to: Review
of budgets, management reports, audits and financial statements;
performing security inspections; providing, arranging, or recommending
technical assistance; evaluating environmental impacts of proposed
actions by the borrower; performing civil rights compliance reviews;
and assisting in the development of workout agreements.
Information will be collected by the field offices from applicants,
borrowers, consultants, lenders, and attorneys.
Failure to collect information could result in improper servicing
of these loans.
Estimate of Burden: Public reporting burden for this collection of
information is estimated to average 1 hour per response.
Respondents: State, local or tribal Governments, not-for-profit
institutions, businesses, and individuals.
Estimated Number of Respondents: 105.
Estimated Number of Responses per Respondent: 1.
Estimated Number of Responses: 716.
Estimated Total Annual Burden on Respondents: 769.
Copies of the information collection can be obtained from Jeanne
Jacobs, Regulations and Paperwork Management Branch, at (202) 692-0040.
Comments
Comments are invited on: (a) Whether the proposed collection of
information is necessary for the proper performance of the functions of
the Agencies, including whether the information will have practical
utility; (b) the accuracy of the Agencies' 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. Comments may be sent to Jeanne
Jacobs, Regulations and Paperwork Management Branch, U.S. Department of
Agriculture, Rural Development, 7th Floor, Room 701, 300 7th Street,
SW., Washington, DC 20024. 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.
Dated: March 14, 2011.
Tammye Trevi[ntilde]o,
Administrator, Rural Housing Service.
[FR Doc. 2011-6462 Filed 3-17-11; 8:45 am]
BILLING CODE 3410-XV-P