[Federal Register Volume 82, Number 93 (Tuesday, May 16, 2017)]
[Notices]
[Page 22607]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-09777]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; New Issue Bond Program and Temporary Credit 
and Liquidity Program

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection request(s) to the Office of Management and 
Budget (OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on the collection(s) 
listed below.

DATES: Comments should be received on or before July 17, 2017 to be 
assured of consideration.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to (1) Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
Treasury, New Executive Office Building, Room 10235, Washington, DC 
20503, or email at [email protected] and (2) Treasury PRA 
Clearance Officer, 1750 Pennsylvania Ave. NW., Suite 8142, Washington, 
DC 20220, or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained by emailing [email protected], calling (202) 622-0489, or 
viewing the entire information collection request at www.reginfo.gov.

SUPPLEMENTARY INFORMATION:

Department of the Treasury, Departmental Offices (DO)

    Title: New Issue Bond Program and Temporary Credit and Liquidity 
Program.
    OMB Control Number: 1505-0224.
    Type of Review: Extension without change of a currently approved 
collection.
    Abstract: Authorized under section 304(g) of the Federal National 
Mortgage Association Charter Act (12 U.S.C. 1719(g)) and Section 306(l) 
of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1455(l), 
as amended by the Housing and Economic Recovery Act (HERA) of 2008 
(Pub. L. 110-289; approved July 30, 2008) the Department of the 
Treasury (Treasury) implemented two programs under the HFA (Housing 
Finance Agency) Initiative. The statute provides the Secretary 
authority to purchase securities and obligations of Fannie Mae and 
Freddie Mac (the GSEs) as he determines necessary to stabilize the 
financial markets, prevent disruptions in the availability of mortgage 
finance, and to protect the taxpayer. On December 4, 2009, the 
Secretary made the appropriate determination to authorize the two 
programs of the HFA Initiative: The New Issue Bond Program (NIBP) and 
the Temporary Credit and Liquidity Program (TCLP). Under the NIBP, 
Treasury purchased securities from the GSEs backed by mortgage revenue 
bonds issued by participating state and local HFAs. Under the TCLP, 
Treasury purchased a participation interest from the GSEs in temporary 
credit and liquidity facilities provided to participating HFAs as a 
liquidity backstop on their variable-rate debt. In order to properly 
manage the two programs of the initiative, continue to protect the 
taxpayer, and assure compliance with the Programs' provisions, Treasury 
instituted a series of data collection requirements to be completed by 
participating HFAs and furnished to Treasury through the GSEs.
    Form: None.
    Affected Public: Businesses or other for profit institutions; not-
for-profit institutions.
    Estimated Number of Respondents: 66.
    Estimated Annual Response: 3,674.
    Estimated Total Annual Burden Hours: 19,359.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: May 10, 2017.
Jennifer P. Leonard,
Treasury PRA Clearance Officer.
[FR Doc. 2017-09777 Filed 5-15-17; 8:45 am]
BILLING CODE 4810-25-P