[Federal Register Volume 61, Number 192 (Wednesday, October 2, 1996)]
[Notices]
[Pages 51400-51401]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-25007]
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Notices
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains documents other than rules
or proposed rules that are applicable to the public. Notices of hearings
and investigations, committee meetings, agency decisions and rulings,
delegations of authority, filing of petitions and applications and agency
statements of organization and functions are examples of documents
appearing in this section.
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Federal Register / Vol. 61, No. 192 / Wednesday, October 2, 1996 /
Notices
[[Page 51400]]
DEPARTMENT OF AGRICULTURE
Rural Housing Service
Rural Business-Cooperative Service
Rural Utilities Service
Farm Service Agency
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCIES: Rural Housing Service, Rural Business-Cooperative Service,
Rural Utilities Service, and Farm Service Agency, USDA.
ACTION: Proposed collection; comments request.
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SUMMARY: In accordance with the Paperwork Reduction Act of l995, 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 Insured Business Programs
Loans and Grants.
DATES: Comments on this notice must be received by December 2, 1996 to
be assured of consideration.
FOR FURTHER INFORMATION CONTACT:
Sharon R. Douglas, Loan Specialist, Community Programs Division, Rural
Housing Service, U.S. Department of Agriculture, Stop 3222, l400
Independence Avenue SW., Washington, DC 20250-3222. Telephone (202)
720-1506
Deanna D. Plauche, Loan Specialist, Water and Waste Disposal Division,
Rural Utilities Service, U.S. Department of Agriculture, Stop 3223,
1400 Independence Avenue SW., Washington, DC 20250-3222. Telephone
(202) 720-9635.
SUPPLEMENTARY INFORMATION:
Title: Servicing of Community and Insured Business Programs Loans
and Grants.
OMB Number: 0575-0066.
Expiration Date of Approval: March 31, 1997.
Type of Request: Extension of a currently approved information
collection.
Abstract: The following Community and Insured Business Programs
Loans and Grants are serviced by this currently approved regulation
(0575-0066): The Community Facilities loan program is authorized by
Section 306 of the Consolidated Farm and Rural Development Act (7
U.S.C. 1926) to make loans to public entities, nonprofit corporations,
and Indian tribes for the development of community facilities for
public use in rural areas.
The Economic Opportunity Act of 1964, Title 3 (Pub. L. 88-452),
authorizes Economic Cooperative loans to assist incorporated and
unincorporated associations provide to low-income rural families
essential processing, purchasing, or marketing services, supplies, or
facilities.
The Water and Waste Disposal program is authorized by Section
306(a) of the Consolidated Farm and Rural Development Act (7 U.S.C.
1926(a)) to provide basic human amenities, alleviate health hazards,
and promote the orderly growth of the rural areas of the Nation by
meeting the need for new and improved water and waste disposal systems.
The Business and Industry program is authorized by Section 310 B (7
U.S.C. 1932) (Pub. L. 92-419, August 30, 1972) of the Consolidated Farm
and Rural Development Act to improve, develop, or finance business,
industry, and employment and improve the economic and environmental
climate in rural communities, including pollution abatement and
control.
The Food Security Act of 1985, Section 1323 (Pub. L. 99-198),
authorizes loan guarantees and grants to Nonprofit National
Corporations to provide technical and financial assistance to for-
profit or nonprofit local businesses in rural areas.
The Powerplant and Industrial Fuel Use Act of 1978, Section 601 (42
U.S.C. 8401), authorizes Energy Impact Assistance Grants to states,
councils of local government, and local governments to assist areas
impacted by coal or uranium development activities. Assistance is for
the purposes of growth management, housing planning, and acquiring and
developing sites for housing and public facilities.
The Consolidated Farm and Rural Development Act, Section 310 B(c)
(7 U.S.C. 1932 (c)), authorizes Rural Business Enterprise Grants to
public bodies and nonprofit corporations to facilitate the development
of private businesses in rural areas.
The Consolidated Farm and Rural Development Act, Section 310
B(f)(i) (7 U.S.C. 1932 (c)), authorizes Rural Technology and
Cooperative Development Grants to nonprofit institutions for the
purpose of enabling such institutions to establish and operate centers
for rural technology or cooperative development.
The Farm Ownership loan program is authorized by the Consolidated
Farm and Rural Development Act, Pub.L. 91-229, to make insured loans to
Indian Tribes or tribal corporations within tribal reservations and
Alaskan communities. The Act also gives Farmer Programs the authority
to make loans for grazing, other irrigation and drainage projects, and
association irrigation and drainage loans.
The purpose of the loan and grant servicing function for the above
programs is to assist recipients to meet the objectives of 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, 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 and providing, arranging, or
recommending technical assistance; evaluating environmental impacts of
proposed actions by the borrower; and performing civil rights
compliance reviews.
Information will be collected by the field offices from applicants
and borrowers. Under the provisions of this regulation, the information
collected will be primarily financial data.
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 0.66 hours per response.
Respondents: State, local or tribal Governments, Not-for-profit
institutions.
[[Page 51401]]
Estimated Number of Respondents: 110.
Estimated Number of Responses per Respondent: 1.63.
Estimated Total Annual Burden on Respondents: 120 hours.
Copies of this information collection can be obtained from Barbara
Williams, Regulations and Paperwork Management Division, (202) 720-
9734.
Comments: Comments are invited on: (a) whether the proposed
collection of information is necessary for the proper performance of
the function 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 the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology. Comments may be sent to Barbara
Williams, Regulations and Paperwork Management Division, U.S.
Department of Agriculture, Rural Development, Stop 0743, l400
Independence Avenue SW., Washington, DC 20250-0743. 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: August 29, 1996.
Maureen Kennedy,
Administrator, Rural Housing Service.
Dated: September 4, 1996.
John Romano,
Acting Administrator, Rural Utilities Service.
Dated: September 17, 1996.
Dayton Watkins,
Administrator Rural Business-Cooperative Service.
Dated: September 19, 1996.
Grant Buntrock,
Administrator, Farm Service Agency.
[FR Doc. 96-25007 Filed 10-1-96; 8:45 am]
BILLING CODE 3410-07-U
