[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]


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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.

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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 <a href="/cdn-cgi/l/email-protection#d2b0b7a6bafcb8bdbcb7a192a5b6b1fca7a1b6b3fcb5bda4"><span class="__cf_email__" data-cfemail="533136273b7d393c3d3620132437307d262037327d343c25">[email protected]</span></a>.

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


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