82_FR_3327 82 FR 3320 - Proposed Collection; Comment Request

82 FR 3320 - Proposed Collection; Comment Request

FEDERAL HOUSING FINANCE AGENCY

Federal Register Volume 82, Issue 7 (January 11, 2017)

Page Range3320-3324
FR Document2017-00435

In accordance with the requirements of the Paperwork Reduction Act of 1995, the Federal Housing Finance Agency (FHFA or the Agency) is seeking public comments concerning the information collection known as ``Community Support Requirements,'' which was assigned control number 2590-0005 by the Office of Management and Budget (OMB). FHFA intends to submit the information collection to OMB for review and approval of a reinstatement of the control number, which expired on February 29, 2016, for a period of three years.

Federal Register, Volume 82 Issue 7 (Wednesday, January 11, 2017) 
[Federal Register Volume 82, Number 7 (Wednesday, January 11, 2017)]
[Notices]
[Pages 3320-3324]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-00435]


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FEDERAL HOUSING FINANCE AGENCY

[No. 2017-N-01]


Proposed Collection; Comment Request

AGENCY: Federal Housing Finance Agency.

ACTION: 30-day notice of submission of information collection for 
approval from Office of Management and Budget.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995, the Federal Housing Finance Agency (FHFA or the Agency) is 
seeking public comments concerning the information collection known as 
``Community Support Requirements,'' which was assigned control number 
2590-0005 by the Office of Management and Budget (OMB). FHFA intends to 
submit the information collection to OMB for review and approval of a 
reinstatement of the control number, which expired on February 29, 
2016, for a period of three years.

DATES: Interested persons may submit comments on or before February 10, 
2017.

ADDRESSES: Submit comments to the Office of Information and Regulatory 
Affairs of the Office of Management and Budget, Attention: Desk Officer 
for the Federal Housing Finance Agency, Washington, DC 20503, Fax: 
(202) 395-3047, Email: [email protected]. Please also submit 
comments to FHFA, identified by ``Proposed Collection; Comment Request: 
`Community Support Requirements, (No. 2017-N-01)' '' by any of the 
following methods:
     Agency Web site: www.fhfa.gov/open-for-comment-or-input.
     Federal eRulemaking Portal: http://www.regulations.gov. 
Follow the instructions for submitting comments. If you submit your 
comment to the Federal eRulemaking Portal, please also send it by email 
to FHFA at [email protected] to ensure timely receipt by the agency.
     Courier/Hand Delivery, U.S. Mail, United Parcel Service, 
Federal Express, or Other Mail Service: The mailing address for 
comments is: Alfred M. Pollard, General Counsel, Federal Housing 
Finance Agency, 400 Seventh Street SW., Eighth Floor, Washington, DC 
20219. Courier/Hand Delivery packages must be delivered on business 
days between 9 a.m. and 5 p.m.
    We will post all public comments we receive without change, 
including any personal information you provide, such as your name and 
address, email address, and telephone number, on the FHFA Web site at 
http://www.fhfa.gov. In addition, copies of all comments received will 
be available for examination by the public on business days between the 
hours of 10 a.m. and 3 p.m., at the Federal Housing Finance Agency, 
Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. To make an 
appointment to inspect comments, please call the Office of General 
Counsel at (202) 649-3804.

FOR FURTHER INFORMATION CONTACT: Deattra D. Perkins, Senior Policy 
Analyst, Division of Housing Mission & Goals, [email protected], 
(202) 649-3133; or Sylvia C. Martinez, Manager, Federal Home Loan Bank 
Housing and Community Investment Programs, Division of Housing Mission 
& Goals, [email protected], (202) 649-3301 (these are not toll-
free numbers); Federal Housing Finance Agency, 400 Seventh Street SW., 
Washington, DC 20219. The Telecommunications Device for the Hearing 
Impaired is (800) 877-8339.

SUPPLEMENTARY INFORMATION: 

A. Background

    The Federal Home Loan Bank System consists of eleven regional 
Federal Home Loan Banks (Banks) and the Office of Finance (a joint 
office of the Banks that issues and services their debt securities). 
The Banks are wholesale financial institutions, organized under 
authority of the Federal Home Loan Bank Act (Bank Act) to serve the 
public interest by enhancing the availability of residential housing 
finance and community lending credit through their member institutions 
and, to a limited extent, through eligible non-member ``housing 
associates.'' \1\ Each Bank is structured as a regional cooperative 
that is owned and controlled by member financial institutions located 
within its district, which are also its primary customers.
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    \1\ Certain non-member entities are permitted by statute to 
engage in limited business activities with a Bank. See 12 U.S.C. 
1430b. FHFA's regulations refer to these entities as ``housing 
associates.'' See 12 CFR part 1264.
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    Section 10(g)(1) of the Bank Act requires the Director of FHFA to 
promulgate regulations establishing standards of community investment 
or service that Bank member institutions must meet in order to maintain 
access to long-term advances (i.e., loans with a maturity of five years 
or greater made by a Bank to a member).\2\ Section 10(g)(2) of the Bank 
Act requires that, in establishing these community support requirements 
for Bank members, FHFA take into account factors such as the member's 
performance under the Community Reinvestment Act of 1977 (CRA)\3\ and 
record of lending to first-time homebuyers.\4\ FHFA's community support 
regulation, which establishes standards and review criteria for 
determining compliance with section 10(g) of the Bank Act, is set forth 
at 12 CFR part 1290.
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    \2\ See 12 U.S.C. 1430(g)(1).
    \3\ 12 U.S.C. 2901 et seq.
    \4\ See 12 U.S.C. 1430(g)(2).
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    Part 1290 requires that each Bank member submit to FHFA biennially 
a completed Community Support Statement (Form 060), which contains 
several short questions the answers to which are used by FHFA to assess 
the responding member's compliance with the community support 
standards.\5\ Previously, this was accomplished by requiring 
approximately one-eighth of all members to submit a completed Form in 
each calendar quarter of a two-year review cycle. Under new streamlined 
procedures that FHFA is in the process of implementing, all members 
subject to community support review will be required to submit a

[[Page 3321]]

completed Form 060 at approximately the same time every two years.\6\
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    \5\ See 12 CFR 1290.2(b).
    \6\ See 12 CFR 1290.2(a).
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    FHFA has revised Form 060 to reflect the new streamlined 
procedures. These revisions reduce slightly the number of questions on 
the Form and modify the formatting so that members will be able to 
complete and submit the Form online. In substance, the revised Form 060 
is materially the same as the existing Form. In part I of the Form, a 
member that is subject to the CRA must record its most recent CRA 
rating and the year of that rating. Part II of the Form addresses a 
member's efforts to assist first-time homebuyers. A member may either 
record the number and dollar amount of mortgage loans made to first-
time homebuyers in the previous or current calendar year (part II.A), 
or indicate the types of programs or activities it has undertaken to 
assist first-time homebuyers by checking selections from a list (part 
II.B), or do both. If a member has received a CRA rating of 
``Outstanding,'' it need not complete part II of the Form. A copy of 
the revised Form and related instructions appear at the end of this 
Notice.
    Part 1290 also establishes the circumstances under which FHFA will 
restrict a member's access to long-term Bank advances and to Affordable 
Housing Program (AHP), Community Investment Program (CIP) and Community 
Investment Cash Advance (CICA) programs for failure to meet the 
community support requirements.\7\ It permits Bank members whose access 
to long-term advances has been restricted to apply directly to FHFA to 
remove the restriction if certain criteria are met.\8\
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    \7\ See 12 CFR 1290.5(b), (e).
    \8\ See 12 CFR 1290.5(d).
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B. Need for and Use of the Information Collection

    FHFA uses the information collection contained in FHFA Form 060 and 
part 1290 to determine whether Bank members satisfy the statutory and 
regulatory community support requirements and to ensure that, as 
required by statute and regulation, only Bank members that meet those 
requirements maintain continued access to long-term Bank advances and 
to AHP, CIP, and CICA programs.

C. Burden Estimate

    FHFA has analyzed the two facets of this information collection in 
order to estimate the hour burdens that the collection will impose upon 
Bank members annually over the next three years. Based on that 
analysis, FHFA estimates that the total annual hour burden will be 
2,287 hours. The method FHFA used to determine the annual hour burden 
for each facet of the information collection is explained in detail 
below.

I. Community Support Statements

    FHFA estimates that, on average over the next several years, 7,000 
Bank members will be required to submit completed Community Support 
Statements biennially. This corresponds to an annual average of 3,500 
respondents. FHFA estimates that the average preparation time for each 
Community Support Statement will be 0.65 hours. The estimate for the 
total annual hour burden on Bank members in connection with the 
preparation and submission of Community Support Statements is 2,275 
hours (3,500 Statements x 0.65 hours).

II. Requests To Remove a Restriction on Access to Long-Term Advances

    FHFA estimates that an annual average of 16 Bank members whose 
access to long-term advances and to AHP, CIP, and CICA programs has 
been restricted will submit requests to FHFA to remove those 
restrictions, and that the average preparation time for each request 
will be 0.75 hours. The estimate for the total annual hour burden on 
members in connection with the preparation and submission of requests 
to remove a restriction on access to long-term advances is 12 hours (16 
requests x 0.75 hours).

D. Comment Request

    In accordance with the requirements of 5 CFR 1320.8(d), FHFA 
published an initial notice requesting comments regarding this 
information collection in the Federal Register on September 23, 
2016.\9\ The 60 day comment period closed on November 22, 2016. No 
comments were received.
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    \9\ See 81 FR 65645 (Sept. 23, 2016).
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    In accordance with the requirements of 5 CFR 1320.10(a), FHFA is 
publishing this second notice to request comments regarding the 
following: (1) Whether the collection of information is necessary for 
the proper performance of FHFA functions, including whether the 
information has practical utility; (2) the accuracy of FHFA's estimates 
of the burdens of the collection of information; (3) ways to enhance 
the quality, utility and clarity of the information collected; and (4) 
ways to minimize the burden of the collection of information on members 
and project sponsors, including through the use of automated collection 
techniques or other forms of information technology. Comments should be 
submitted in writing to both OMB and FHFA as instructed above in the 
Comments section.

    Dated: January 5, 2017.
Kevin Winkler,
Chief Information Officer, Federal Housing Finance Agency.

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[FR Doc. 2017-00435 Filed 1-10-17; 8:45 am]
 BILLING CODE 8070-70-P

3320 Federal Register / Vol. 82, No. 7 / Wednesday, January 11, 2017 / Notices collections contained in the Interagency DATES: Interested persons may submit A. Background Guidance are needed by institutions to comments on or before February 10, The Federal Home Loan Bank System manage their asset securitization 2017. consists of eleven regional Federal activities in a safe and sound manner. ADDRESSES: Submit comments to the Home Loan Banks (Banks) and the Bank management uses this information Office of Information and Regulatory Office of Finance (a joint office of the as the basis for the safe and sound Affairs of the Office of Management and Banks that issues and services their debt operation of their asset securitization Budget, Attention: Desk Officer for the securities). The Banks are wholesale activities and to ensure that they Federal Housing Finance Agency, financial institutions, organized under minimize operational risk in these Washington, DC 20503, Fax: (202) 395– authority of the Federal Home Loan activities. 3047, Email: OIRA_submission@ Bank Act (Bank Act) to serve the public Request for Comment omb.eop.gov. Please also submit interest by enhancing the availability of comments to FHFA, identified by residential housing finance and Comments are invited on: (a) Whether ‘‘Proposed Collection; Comment community lending credit through their the collections of information are Request: ‘Community Support member institutions and, to a limited necessary for the proper performance of Requirements, (No. 2017–N–01)’ ’’ by extent, through eligible non-member the FDIC’s functions, including whether any of the following methods: ‘‘housing associates.’’ 1 Each Bank is the information has practical utility; (b) • Agency Web site: www.fhfa.gov/ structured as a regional cooperative that the accuracy of the estimates of the open-for-comment-or-input. is owned and controlled by member burden of the collections of information, • Federal eRulemaking Portal: http:// financial institutions located within its including the validity of the www.regulations.gov. Follow the district, which are also its primary methodology and assumptions used; (c) instructions for submitting comments. If customers. ways to enhance the quality, utility, and you submit your comment to the Section 10(g)(1) of the Bank Act clarity of the information to be Federal eRulemaking Portal, please also requires the Director of FHFA to collected; and (d) ways to minimize the send it by email to FHFA at promulgate regulations establishing burden of the collections of information RegComments@fhfa.gov to ensure standards of community investment or on respondents, including through the timely receipt by the agency. service that Bank member institutions use of automated collection techniques • Courier/Hand Delivery, U.S. Mail, must meet in order to maintain access or other forms of information United Parcel Service, Federal Express, to long-term advances (i.e., loans with a technology. All comments will become or Other Mail Service: The mailing maturity of five years or greater made by a matter of public record. address for comments is: Alfred M. a Bank to a member).2 Section 10(g)(2) Dated at Washington, DC, this 5th day of Pollard, General Counsel, Federal of the Bank Act requires that, in January 2017. Housing Finance Agency, 400 Seventh establishing these community support Federal Deposit Insurance Corporation. Street SW., Eighth Floor, Washington, requirements for Bank members, FHFA Valerie J. Best, DC 20219. Courier/Hand Delivery take into account factors such as the Assistant Executive Secretary. packages must be delivered on business member’s performance under the days between 9 a.m. and 5 p.m. Community Reinvestment Act of 1977 [FR Doc. 2017–00362 Filed 1–10–17; 8:45 am] We will post all public comments we (CRA)3 and record of lending to first- BILLING CODE 6714–01–P receive without change, including any time homebuyers.4 FHFA’s community personal information you provide, such support regulation, which establishes as your name and address, email standards and review criteria for FEDERAL HOUSING FINANCE address, and telephone number, on the determining compliance with section AGENCY FHFA Web site at http://www.fhfa.gov. 10(g) of the Bank Act, is set forth at 12 [No. 2017–N–01] In addition, copies of all comments CFR part 1290. received will be available for Part 1290 requires that each Bank Proposed Collection; Comment examination by the public on business member submit to FHFA biennially a Request days between the hours of 10 a.m. and completed Community Support 3 p.m., at the Federal Housing Finance Statement (Form 060), which contains AGENCY: Federal Housing Finance several short questions the answers to Agency. Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20219. To which are used by FHFA to assess the ACTION: 30-day notice of submission of responding member’s compliance with make an appointment to inspect information collection for approval from comments, please call the Office of the community support standards.5 Office of Management and Budget. General Counsel at (202) 649–3804. Previously, this was accomplished by FOR FURTHER INFORMATION CONTACT: requiring approximately one-eighth of SUMMARY: In accordance with the Deattra D. Perkins, Senior Policy all members to submit a completed requirements of the Paperwork Analyst, Division of Housing Mission & Form in each calendar quarter of a two- Reduction Act of 1995, the Federal year review cycle. Under new Housing Finance Agency (FHFA or the Goals, Deattra.Perkins@fhfa.gov, (202) 649–3133; or Sylvia C. Martinez, streamlined procedures that FHFA is in Agency) is seeking public comments the process of implementing, all concerning the information collection Manager, Federal Home Loan Bank members subject to community support known as ‘‘Community Support Housing and Community Investment review will be required to submit a Requirements,’’ which was assigned Programs, Division of Housing Mission control number 2590–0005 by the Office & Goals, Sylvia.Martinez@fhfa.gov, (202) sradovich on DSK3GMQ082PROD with NOTICES 1 Certain non-member entities are permitted by of Management and Budget (OMB). 649–3301 (these are not toll-free statute to engage in limited business activities with FHFA intends to submit the information numbers); Federal Housing Finance a Bank. See 12 U.S.C. 1430b. FHFA’s regulations collection to OMB for review and Agency, 400 Seventh Street SW., refer to these entities as ‘‘housing associates.’’ See 12 CFR part 1264. approval of a reinstatement of the Washington, DC 20219. The 2 See 12 U.S.C. 1430(g)(1). control number, which expired on Telecommunications Device for the 3 12 U.S.C. 2901 et seq. February 29, 2016, for a period of three Hearing Impaired is (800) 877–8339. 4 See 12 U.S.C. 1430(g)(2). years. SUPPLEMENTARY INFORMATION: 5 See 12 CFR 1290.2(b). VerDate Sep<11>2014 19:05 Jan 10, 2017 Jkt 241001 PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 E:\FR\FM\11JAN1.SGM 11JAN1

Federal Register / Vol. 82, No. 7 / Wednesday, January 11, 2017 / Notices 3321 completed Form 060 at approximately B. Need for and Use of the Information access to long-term advances and to the same time every two years.6 Collection AHP, CIP, and CICA programs has been FHFA has revised Form 060 to reflect FHFA uses the information collection restricted will submit requests to FHFA the new streamlined procedures. These contained in FHFA Form 060 and part to remove those restrictions, and that revisions reduce slightly the number of 1290 to determine whether Bank the average preparation time for each members satisfy the statutory and request will be 0.75 hours. The estimate questions on the Form and modify the regulatory community support for the total annual hour burden on formatting so that members will be able requirements and to ensure that, as members in connection with the to complete and submit the Form preparation and submission of requests online. In substance, the revised Form required by statute and regulation, only Bank members that meet those to remove a restriction on access to 060 is materially the same as the long-term advances is 12 hours (16 existing Form. In part I of the Form, a requirements maintain continued access to long-term Bank advances and to AHP, requests × 0.75 hours). member that is subject to the CRA must record its most recent CRA rating and CIP, and CICA programs. D. Comment Request the year of that rating. Part II of the C. Burden Estimate In accordance with the requirements Form addresses a member’s efforts to of 5 CFR 1320.8(d), FHFA published an FHFA has analyzed the two facets of assist first-time homebuyers. A member initial notice requesting comments this information collection in order to may either record the number and dollar regarding this information collection in estimate the hour burdens that the amount of mortgage loans made to first- the Federal Register on September 23, collection will impose upon Bank time homebuyers in the previous or 2016.9 The 60 day comment period members annually over the next three current calendar year (part II.A), or closed on November 22, 2016. No years. Based on that analysis, FHFA indicate the types of programs or comments were received. estimates that the total annual hour activities it has undertaken to assist In accordance with the requirements burden will be 2,287 hours. The method first-time homebuyers by checking of 5 CFR 1320.10(a), FHFA is publishing FHFA used to determine the annual selections from a list (part II.B), or do this second notice to request comments hour burden for each facet of the both. If a member has received a CRA regarding the following: (1) Whether the information collection is explained in rating of ‘‘Outstanding,’’ it need not collection of information is necessary detail below. complete part II of the Form. A copy of for the proper performance of FHFA I. Community Support Statements functions, including whether the the revised Form and related FHFA estimates that, on average over information has practical utility; (2) the instructions appear at the end of this the next several years, 7,000 Bank accuracy of FHFA’s estimates of the Notice. members will be required to submit burdens of the collection of information; Part 1290 also establishes the (3) ways to enhance the quality, utility completed Community Support circumstances under which FHFA will and clarity of the information collected; Statements biennially. This corresponds restrict a member’s access to long-term to an annual average of 3,500 and (4) ways to minimize the burden of Bank advances and to Affordable respondents. FHFA estimates that the the collection of information on Housing Program (AHP), Community average preparation time for each members and project sponsors, Investment Program (CIP) and Community Support Statement will be including through the use of automated Community Investment Cash Advance 0.65 hours. The estimate for the total collection techniques or other forms of (CICA) programs for failure to meet the annual hour burden on Bank members information technology. Comments community support requirements.7 It in connection with the preparation and should be submitted in writing to both permits Bank members whose access to submission of Community Support OMB and FHFA as instructed above in long-term advances has been restricted Statements is 2,275 hours (3,500 the Comments section. to apply directly to FHFA to remove the Statements × 0.65 hours). Dated: January 5, 2017. restriction if certain criteria are met.8 Kevin Winkler, II. Requests To Remove a Restriction on Access to Long-Term Advances Chief Information Officer, Federal Housing 5 See 12 CFR 1290.2(b). Finance Agency. 6 See 12 CFR 1290.2(a). FHFA estimates that an annual 7 See 12 CFR 1290.5(b), (e). average of 16 Bank members whose 8 See 12 CFR 1290.5(d). sradovich on DSK3GMQ082PROD with NOTICES VerDate Sep<11>2014 19:05 Jan 10, 2017 Jkt 241001 PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 E:\FR\FM\11JAN1.SGM 11JAN1

3322 Federal Register/Vol. 82, No. 7/Wednesday, January 11, 2017 / Notices _ FEDERALHOUSINGFINANCE AGEA COMMUNITYSUPPORTSTATEME {see instractionspage 2) FHFA ID Number: Name of Institution:__{online form: FHFA automatically fills in oncethemember enters its FHFA ID:—Number| Address: Joplineform: FHFA fills in] City: fonlineform:; FHFA fills in} State: fonline form: FHFA fills infZip Code: fonline form: FHFA fills in} Submitter: Title: Work Email: ___{not on the paper form; online form only; used for online valldation purposes only Part I. Community Reinvestment Act (CRA) Standard. Most recent federal CRA rating: {drop —down fist} Year of most recent federal CRArating: fdrop down list] Part II. First—time Homebuyer Standard: A// Federal Home Loan Bank members must complete either Section A or B of this part, except that members with "Outstanding"federal CRA ratings need not complete this part. Members should use data or activities for the previous or current calendar year in completing this part. A. Complete the following two questions: if your institution did not make, or did not track, mortgage loans to first—time homebuyers, you must complete Section B of this part. 1. Number of mortgage loans made to first—time homebuyers # 2. Dollar amount of mortgage loans made to first—time homebuyers $ B. Check as many as applicable: 1. Offer in—house first—time homebuyer program (e.g., underwriting, marketing plans, outreach programs) 2. Offer other in—~house lending products that serve first—time or low— and moderate—income homebuyers 3. Offer flexible underwriting standards for first—time homebuyers 4. Participate in nationwide first—time homebuyer programs (e.g., Fannie Mae, Freddie Mac) 5. Participate in federal government programs that serve first—time homebuyers (e.g., FHA, VA, USDA RD) 6. Participate in state or local government programs targeted to first—time homebuyers (e.g., mortgage revenue bond financing}) 7. Provide financial support or technical assistance to community organizations that assist first—time homebuyers 8. Participate in loan consortia that make loans to first—time homebuyers 9. Participate in or support special counseling or homeownership education targeted to first—time homebuyers 10. Hold investments or make loans that support first—time homebuyer programs 11. Hold mortgage—backed securities that may include a pool of loans to low— and moderate—income homebuyers 12. Use affiliated lenders, credit union service organizations, or other correspondent, brokerage or referral arrangements with specific unaffiliated lenders, that provide mortgage loans to first—time or low— and moderate— income homebuyers 13. Participate in the Affordable Housing Program or other targeted community investment/development programs offered by the Federal Home Loan Bank 14. Other (attach description of other activities supporting first—time homebuyers; see instructions for Part II) 15. None of the above {attach explanation of any mitigating factors; see instructions for Part !I} Part III. Certification: By submitting this Community Support Statement, I certify that | am an official of the above institution, that | am authorized to provide this information to FHFA, and that the information in this Statement and any attachments is accurate to the best of my knowledge. Signed _{not on the online form; "Submit" button is equivalent] Date {not on the onfine form; date is automatic FHFA Form060 OMB Number2590—0005_______________Expires[date] Page1of 2

Federal Register/Vol. 82, No. 7/Wednesday, January 11, 2017 / Notices 3323 Community Support Statement (FHFA Form 060) Instructions Purpose: Section 10(g) of the Federal Home Loan Bank Act [12 U.S.C. § 1430(g)] sets forth the community support requirements. Under the Federal Housing Finance Agency‘s (FHFA) iImplementing community support regulation [12 CFR part 1290], FHFA is required to take into account a Federal Home Loan Bank (Bank) member‘s performance under the Community Reinvestment Act of 1977 [12 U.S.C. § 2901 et seq.] (federal CRA) and its record of lending to first—time homebuyers, in determining whether to maintain the member‘s access to long—term Bank advances and to a Bank‘s Affordable Housing Program {AHP) and targeted Community Investment Cash Advances (CICA) programs. For purposes of community support review, the term "long—term advances" means advances with a term to maturity greater than one year. Part I (CRA Standard): Members subject to the federal CRA must complete this part. Provide your institution‘s most recent federal CRA rating and the year of the rating. Credit unions and insurance companies, which are not subject to the federal CRA, should indicate "N/A" [i.e., not applicable] in the CRA rating field on this Community Support Statement. If your institution is not a credit union or insurance company and is not subject to the federal CRA, indicate the reason for the exemption. If a member‘s most recent federal CRA rating is "Needs to Improve," FHFA will place the member on probation. During the probationary period, the member will retain access to long—term Bank advances and Bank AHP and CICA programs. If the member does not receive an improved federal CRA rating at its next CRA evaluation, FHFA will restrict its prospective access to long—term Bank advances and Bank AHP and CICA programs. If a member‘s most recent federal CRA rating is "Substantial Non— compliance," FHFA will restrict the member‘s prospective access to long—term Bank advances and AHP and CICA programs. The restriction will remain in effect until the member‘s federal CRA rating improves. Part II (First—time Homebuyer Standard): All members, except those with "Outstanding" federal CRA ratings, must complete this part. A member may satisfy the first—time homebuyer standard either by: demonstrating lending performance to first—time homebuyers [Section A); or demonstrating other financial support or participation in programs, products, services or investments, that directly or indirectly assists first—time homebuyers [Section B); or by a combination of both factors. If none of the information requested in this part describes your institution‘s activities to support first—time homebuyers, you may attach a brief description of other activities of your institution that support first—time homebuyers, or a brief explanation of any mitigating factors that adversely affect your institution‘s ability to assist first—time homebuyers, such as charter or operational limitations or market conditions. If a member does not demonstrate assistance to first—time homebuyers or include an explanation of mitigating factors on this Community Support Statement, FHFA will restrict the member‘s prospective access to long—term Bank advances and Bank AHP and CICA programs. The restriction will remain in effect until the member submits applicable information to FHFA that demonstrates the member‘s compliance with the first—time homebuyer standard. Part III (Certification): All members must complete this section. A senior official of your institution with authorization to provide the information in this Community Support Statement must certify that the information in this Community Support Statement and any attachments are accurate to the best of his/her knowledge. If a member submits a Community Support Statement that does not include this required certification, FHFA will restrict the member‘s prospective access to long—term Bank advances and Bank AHP and CICA programs. Assistance: Your institution‘s Bank has a Community Support Program that can assist you in preparing this Community Support Statement. Submission: Complete and submit the Community Support Statement and any attachments online to the Federal Housing Finance Agency at https//www.{specific fhfa.gov address TBD]. Federal Housing Finance Agency Division of Housing Mission and Goals 400 7th Street, S.W. Washington, D.C. 20219 hmsgcommunitysupportprogram@® thfa.gov fax 202.649.4133 Paperwork Reduction Act Statement: Notwithstanding any other provision of the law, no person is required to respond to, nor shall any person be subject to a penalty for failure to comply with, a collection of information subject to the requirements of the Paperwork Reduction Act, unless that collection of information displays a currently valid OMB Control Number. FHFA Form 060 OMB Number 2590—0005 Expires[Date] Page 2 of 2

3324 Federal Register / Vol. 82, No. 7 / Wednesday, January 11, 2017 / Notices [FR Doc. 2017–00435 Filed 1–10–17; 8:45 am] System (ARRS), previously known as measurement and improvement. 42 BILLING CODE 8070–70–P the Grants Reporting System (GRS), was U.S.C. 299a(a)(1) and (2). last approved by OMB on May 16, 2014. Method of Collection The system addressed the shortfalls in DEPARTMENT OF HEALTH AND the previous reporting process and To achieve the goals of this project the HUMAN SERVICES established a consistent and following data collections will be comprehensive grants reporting solution implemented: Agency for Healthcare Research and for AHRQ. The ARRS provides a AHRQ Research Reporting System Quality centralized repository of grants and (ARRS)—Grantees and vendors use the contract research progress and ARRS system to report project progress Agency Information Collection additional information that can be used and important preliminary findings for Activities: Proposed Collection; to support initiatives within the Agency. grants and contracts funded by the Comment Request This includes future research planning Agency. Grantees and vendors submit AGENCY: Agency for Healthcare Research and support for administrative activities progress reports on a monthly or and Quality, HHS. such as performance monitoring, quarterly basis which are reviewed by budgeting, dissemination and strategic AHRQ personnel. All users access the ACTION: Notice. planning. ARRS system through a secure online SUMMARY: This notice announces the This project has the following goals: interface which requires a user I.D. and intention of the Agency for Healthcare (1) To promote the transfer of critical password entered through the ARRS Research and Quality (AHRQ) to request information more frequently and login screen. When status reports are that the Office of Management and efficiently and enhance the due AHRQ notifies principal Budget (OMB) approve the proposed Agency’s ability to support research investigators and vendors via email. information collection project ‘‘AHRQ designed to improve the outcomes The ARRS is an automated user- Research Reporting System (ARRS).’’ In and quality of health care, reduce friendly resource that is utilized by accordance with the Paperwork its costs, and broaden access to AHRQ staff for preparing, distributing, Reduction Act, 44 U.S.C. 3501–3521, effective services and reviewing reporting requests to AHRQ invites the public to comment on (2) To increase the efficiency of the grantees and vendors for the purpose of this proposed information collection. Agency in responding to ad-hoc information sharing. AHRQ personnel DATES: Comments on this notice must be information requests are able to systematically search the received by March 13, 2017. (3) To support Executive Branch information collected and stored in the ADDRESSES: Written comments should requirements for increased ARRS database. Personnel will also use be submitted to: Doris Lefkowitz, transparency and public reporting (4) To establish a consistent approach the information to address internal and/ Reports Clearance Officer, AHRQ, by or external requests for information email at doris.lefkowitz@AHRQ.hhs.gov. throughout the Agency for information collection regarding regarding grant progress, preliminary Copies of the proposed collection findings, and other requests, such as plans, data collection instruments, and grant and contract progress and a systematic basis for oversight and Freedom of Information Act requests, specific details on the estimated burden and producing responses related to can be obtained from the AHRQ Reports for facilitating potential collaborations among grantees federally mandated programs and Clearance Officer. regulations. (5) To decrease the inconvenience and FOR FURTHER INFORMATION CONTACT: burden on grantees and vendors of Estimated Annual Respondent Burden Doris Lefkowitz, AHRQ Reports unanticipated ad-hoc requests for Clearance Officer, (301) 427–1477, or by Exhibit 1 shows the estimated information by the Agency in email at doris.lefkowitz@AHRQ.hhs.gov. annualized burden hours for the response to particular one-time SUPPLEMENTARY INFORMATION: internal and external requests for respondents. It will take grantees and Proposed Project information vendors an estimated 10 minutes to This study is being conducted by enter the necessary data into the ARRS AHRQ Research Reporting System AHRQ pursuant to AHRQ’s statutory System and reporting will occur four (ARRS) authority to conduct and support times annually. The total annualized AHRQ has developed a systematic research on health care and on systems burden hours are estimated to be 333 method for its grantees and vendors to for the delivery of such care, including hours. report project progress and important activities with respect to the quality, Exhibit 2 shows the estimated preliminary findings for grants and effectiveness, efficiency, annualized cost burden for the contracts funded by the Agency. This appropriateness and value of health care respondents. The total estimated cost system, the AHRQ Research Reporting services and with respect to quality burden for respondents is $12,454. EXHIBIT 1—ESTIMATED ANNUALIZED BURDEN HOURS Number of Number of Hours per Total burden Form name responses per respondents response hours respondent sradovich on DSK3GMQ082PROD with NOTICES Data entry into ARRS ...................................................................................... 500 4 10/60 333 Total .......................................................................................................... 500 N/A N/A 333 VerDate Sep<11>2014 19:05 Jan 10, 2017 Jkt 241001 PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 E:\FR\FM\11JAN1.SGM 11JAN1


Document Created: 2018-02-01 14:59:20
Document Modified: 2018-02-01 14:59:20
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
Action30-day notice of submission of information collection for approval from Office of Management and Budget.
DatesInterested persons may submit comments on or before February 10, 2017.
ContactDeattra D. Perkins, Senior Policy Analyst, Division of Housing Mission & Goals, [email protected], (202) 649-3133; or Sylvia C. Martinez, Manager, Federal Home Loan Bank Housing and Community Investment Programs, Division of Housing Mission & Goals, [email protected], (202) 649-3301 (these are not toll- free numbers); Federal Housing Finance Agency, 400 Seventh Street SW., Washington, DC 20219. The Telecommunications Device for the Hearing Impaired is (800) 877-8339.
FR Citation82 FR 3320 
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