View Information Collection Request (ICR) Package

OMB Control No: 2502-0302	ICR Reference No: 200612-2502-007
Status: Historical Active	Previous ICR Reference No: 200511-2502-003
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Local Appeals to Single-Family Mortgage Limits
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/16/2007
	Date Received in OIRA: 12/18/2006
Terms of Clearance: The request is approved with the understanding that there is no change in policy with regards to the collection of new construction sales data. New construction data is already included in the median sales price data provided to HUD when a request for an increase in mortgage limits is made. When an interested party submits median sales price data to the HOC to request mortgage limits be increased in a particular county, an analyst in the HOC looks at the data and separates out the new construction data and determines the median sales price. Secondly, the analyst determines the median sales price for everything else and comes up with an average of the two medians that will be the base for our calculations FHA Mortgage Limits. There is no impact on petitioning parties because the new construction data is already part of the closed sales data that we would normally get.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2008	12/31/2008	12/31/2008
Responses	140	0	140
Time Burden (Hours)	5,600	0	5,600
Cost Burden (Dollars)	0	0	0

Abstract: Housing industry groups may appeal for increases in FHA's maximum mortgage limits for specific counties or metropolitan statistical areas (MSA's).

Authorizing Statute(s): US Code: 12 USC 1709 Name of Law: National Housing

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Local Appeals to Single-Family Mortgage Limits

ICR Summary of Burden

	Total Approved	Previously Approved
Annual Number of Responses	140	140
Annual Time Burden (Hours)	5,600	5,600
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Margaret Burns 202 708-2121

View ICR - OIRA Conclusion