View Information Collection Request (ICR) Package
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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:
2577-0275
ICR Reference No:
201507-2577-002
Status:
Historical Active
Previous ICR Reference No:
201112-2577-008
Agency/Subagency:
HUD/PIH
Agency Tracking No:
2577-0275
Title:
Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units
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:
01/14/2016
Retrieve Notice of Action (NOA)
Date Received in OIRA:
11/10/2015
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
01/31/2019
36 Months From Approved
Responses
920
0
0
Time Burden (Hours)
16,980
0
0
Cost Burden (Dollars)
0
0
0
Abstract:
The 1998 Public Housing Reform Act allowed the mixed-finance development of public housing units. This meant that Public Housing Authorities (PHAs) could create public housing projects using public housing capital funds and outside sources of funds, subject to HUD's approval. This Information Collection pertains to the information that HUD collects in order to perform due diligence on and approve the mixed-finance development of public housing prior to a financial closing and the start of construction or rehabilitation activities. Applicants describe ownership, the type, size, and number of units, construction schedule, construction and permanent financing, property management, how public housing operating subsidy will be provided to the project and other operation plans.
Authorizing Statute(s):
US Code:
42 USC 1437. Section 35
Name of Law: Housing Act of 1937
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
60-day Notice:
Federal Register Citation:
Citation Date:
80 FR 45676
07/31/2015
30-day Notice:
Federal Register Citation:
Citation Date:
80 FR 61222
10/09/2015
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
Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units
HUD 50156, HUD 50157, HUD 50158 , HUD 50159, HUD 50160, HUD 50161
Development Proposal Calculator
,
Mixed-Finance Development Proposal
,
Homeownership Certifications and Assurances
,
Homeownership Term Sheet
,
Mixed-Finance and Homeownership Pre-Funding Certifications and Assurances
,
Mixed-Finance Development Certifications and Assurances
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
920
0
0
920
0
0
Annual Time Burden (Hours)
16,980
0
0
16,980
0
0
Annual Cost Burden (Dollars)
0
0
0
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:
1. Burden hours have not changed. The total dollars have increased with the increase of attorney costs related to the development of Unique Legal Documents. 2. Text in the forms has changed to reflect the new regulation at 24 CFR §905, subpart F (§905), “Development Requirements,” which has superseded 24 CFR §941, subpart F (§941). Both §941 and §905 state the information that has to be included in a Mixed-Finance Development Proposal. The major change to Mixed-Finance due diligence in §905 is that specific evidentiary documents are not called out. It is now up to HUD’s implementing policy to determine which documents are necessary. For the sake of standardization, at this time HUD has maintained the requirement to submit the basic forms and unique legal documents that were in the previous ICR and are still included in this ICR. In anticipation of the final publication of §905, various other evidentiary documents were removed with submission of the previous ICR. This remains unchanged. 3. Two of the HUD form numbers had to be changed due to a conflict. Other forms from a new program were given the same numbers. The rest of the forms received new numbers in order to keep all Mixed-Finance related form numbers together.
Annual Cost to Federal Government:
$107,325
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]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Lawrence Gnessin 202 708-0614 ext. 2676
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
11/10/2015
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