View Information Collection Request (ICR) Package

Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.

View ICR - OIRA Conclusion

OMB Control No: 2502-0500	ICR Reference No: 201004-2502-003
Status: Historical Active	Previous ICR Reference No: 200003-2502-004
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Housing Finance Agency Risk-Sharing Program
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/19/2010
	Date Received in OIRA: 07/28/2010
Terms of Clearance: OMB notes that this collection was in violation of the PRA during the period between 4/1/2000 and the date of this approval.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2013	36 Months From Approved
Responses	14,808	0	0
Time Burden (Hours)	29,619	0	0
Cost Burden (Dollars)	0	0	0

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

IC Title	Form No.	Form Name
Housing Finance Agency Risk-Sharing Program	HUD-94195, HUD-94196, HUD-94192, HUD-94194, HUD-94193	, , , ,

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion	Change Due to Potential Violation of the PRA
Annual Number of Responses	14,808	14,478	330
Annual Time Burden (Hours)	29,619	22,030	7,589
Annual Cost Burden (Dollars)	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The increase in the burden estimate from the previous OMB submission is due primarily to an increase in the number of projects insured and the conversion of the pilot program to a permanent multifamily insurance program, plus inclusion of HUD monitoring and the claims/termination of insurance process. The information collection was erroneously cancelled based on the number of applications from Housing Finance Agencies seeking to participate in the Risk-Sharing Program (less than 10 annually) and not the ongoing program requirements of those HFAs currently approved to participate in the Program, which includes but not limited to, the number of mortgage insurance applications processed and monitoring requirements.

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