Agency Information Collection Activities Under OMB Review

DEPARTMENT OF VETERANS AFFAIRS

[OMB Control No. 2900-0045]

Agency Information Collection Activities Under OMB Review

AGENCY: Veterans Benefits Administration, Department of Veterans

Affairs.

ACTION: Notice.

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SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995

(44 U.S.C., 3501 et seq.), this notice announces that the Veterans

Benefits Administration (VBA), Department of Veterans Affairs, has

submitted the collection of information abstracted below to the Office

of Management and Budget (OMB) for review and comment. The PRA

submission describes the nature of the information collection and its

expected cost and burden; it includes the actual data collection

instrument.

DATES: Comments must be submitted on or before October 14, 1997.

FOR FURTHER INFORMATION OR A COPY OF THE SUBMISSION CONTACT: Ron

Taylor, Information Management Service (045A4), Department of Veterans

Affairs, 810 Vermont Avenue, NW, Washington, DC 20420, (202) 273-8015

or FAX (202) 273-5981. Please refer to ``OMB Control No. 2900-0045.''

SUPPLEMENTARY INFORMATION:

Title and Form Number: VA Request for Determination of Reasonable

Value, VA Form 26-1805.

OMB Control Number: 2900-0045.

Type of Review: Extension of a currently approved collection.

Abstract: VA Form 26-1805 is used to collect data necessary for VA

compliance with the requirements of Title 38 U.S.C. 3710 (b) (4), (5),

and (6). These requirements prohibit the VA guaranty or making of any

loan unless the suitability of the security property for dwelling

purposes is determined, the loan amount does not exceed the reasonable

value, and if the loan is for purposes of alteration, repair, or

improvements, the work substantially improves the basic livability of

the property. The data supplied by persons and firms completing VA Form

26-1805 is used by VA personnel to identify and locate properties for

appraisal and to make assignments to appraisers. The VA is required to

notify potential veteran-purchasers of such properties of the VA-

established reasonable value. The VA will also use VA Form 26-1843,

Certificate of Reasonable Value, as a notice to requesters of the

reasonable (appraised) value or an authorized lender will issue a

notice of value in connection with the Lender Appraisal Processing

Program.

An agency may not conduct or sponsor, and a person is not required

to respond to a collection of information unless it displays a

currently valid OMB control number. The Federal Register Notice with a

60-day comment period soliciting comments on this collection of

information was published on June 12, 1997 at page 32148.

Affected Public: Individuals or households.

Estimated Annual Burden: 64,000 hours.

Estimated Average Burden Per Respondent: 12 minutes.

Frequency of Response: On occasion.

Estimated Number of Respondents: 320,000.

Send comments and recommendations concerning any aspect of the

information collection to VA's OMB Desk Officer, Allison Eydt, OMB

Human Resources and Housing Branch, New Executive Office Building, Room

10235, Washington, DC 20503 (202) 395-4650. Please refer to ``OMB

Control No. 2900-0045'' in any correspondence.

Dated: August 14, 1997.

By direction of the Secretary.

Donald L. Neilson,

Director, Information Management Service.

[FR Doc. 97-24055 Filed 9-10-97; 8:45 am]

BILLING CODE 8320-01-P