SUMMARY: In accordance with requirements of the Paperwork Reduction Act
of 1995 (44 U.S.C. Chapter 35), the FDIC hereby gives notice that it
plans to submit to the Office of Management and Budget a request for
OMB review of the information collection system described below.
Type of Review: Revision of a currently approved collection.
Title: Affordable Housing Certification.
Form Number: N/A.
OMB Number: 3064-0116.
Expiration Date of OMB Clearance: June 30, 1997.
OMB Reviewer: Alex Hunt, (202) 395-7316, Office of Management and
Budget, OIRA, Paperwork Reduction Project (3064-0166), Washington, DC
FDIC Contact: Steven F. Hanft, (202) 898-3907, Office of the
Executive Secretary, Room F-400, Federal Deposit Insurance Corporation,
550 17th Street NW., Washington, DC 20429.
Comments: Comments on this collection of information are welcome
and should be submitted on or before July 3, 1997.
ADDRESSES: A copy of the submission may be obtained by calling or
writing the FDIC contact listed above. Comments regarding the
submission should be addressed to both the OMB reviewer and the FDIC
contact listed above.
SUPPLEMENTARY INFORMATION: The FDIC is requesting OMB approval for the
information collection captioned above, which certifies eligibility
under the affordable housing program. This certification assists the
FDIC in determining an individual's eligibility for purchasing
affordable housing properties from the FDIC. Section 241 of the Federal
Deposit Insurance Corporation Improvement Act (``FDICIA'') requires the
FDIC to implement this program, and authorizes the FDIC to request this
information from potential purchasers of affordable housing properties.
The certification of eligibility is needed to authorize the sale to
certain individuals eligible to purchase affordable housing properties.
As stipulated by FDICIA, only those individuals with particular incomes
may qualify for the purchase of affordable housing properties.
Certification of such income by individuals is necessary to assure
compliance with FDICIA.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Deputy Executive Secretary.
[FR Doc. 97-14454 Filed 6-2-97; 8:45 am]
BILLING CODE 6714-01-M