View Information Collection Request (ICR) Package

OMB Control No: 2502-0610	ICR Reference No: 201908-2502-001
Status: Historical Active	Previous ICR Reference No: 201704-2502-005
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Condominium Project Approval Document Collection
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Emergency	Approval Requested By: 08/23/2019
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/09/2019
	Date Received in OIRA: 08/15/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	03/31/2020	6 Months From Approved	01/31/2021
Responses	120,000	0	159,710
Time Burden (Hours)	64,325	0	90,660
Cost Burden (Dollars)	0	0	0

Abstract: There are two project approval processing options available – the HUD Review and Approval Process (HRAP) or the Direct Endorsement Lender Review and Approval Process (DELRAP). Condominium project approval packages are submitted, processed and reviewed under one of the available options to determine eligibility of projects for insurance of a single unit condominium to be under an FHA mortgage. Condominiums have complex legal, financial and other documents that require review to assure FHA that the condominium project is stable with the expectation that the status will remain unchanged.

Emergency Justfication: The collection of information is essential to the mission of the agency.

Authorizing Statute(s): EO: EO 13878 Name/Subject of EO: Establishing a White House Council on Eliminating Regulatory Barriers to Affordable Housing

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
2502-AJ30	Final or interim final rulemaking	84 FR 41846	08/15/2019

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
Condominium Project	HUD-92544, HUD-92541, HUD-9991, HUD-9992, HUD-96029	, , , ,

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	120,000	159,710	-39,710
Annual Time Burden (Hours)	64,325	90,660	-26,335
Annual Cost Burden (Dollars)	0	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: Yes

Burden Reduction Due to: Changing Regulations

Short Statement: This revision to the existing Information Collection allows HUD to remain compliant with the Paperwork Reduction Act and implement key provisions of the Condominium Project Approval Final Rule (FR-5715-F-02) including:  Introduction of the Single Unit Approval process for insuring units in unapproved condominium projects, provided the project meets certain minimum requirements for Single Unit Approval.  Compliance with Executive Order 13878, by removing barriers to affordable homeownership and expanding the pool of properties that may be eligible for FHA-insured financing  Providing more opportunities for credit worthy homebuyers and  Aligning with the Administration’s priority to reduce regulatory burden and meet the growing needs of the housing industry. Changes in #13 and #14 on form OMB 83-I are due to a new regulation, Condominium Project Approval Final Rule (FR-5715-F-02), that requires information to process the following: • Condominium project approval applications; • Verification of loan level requirements for units in approved condominium projects; and • Single-Unit Approval applications. As a result of the regulation, the burden hours per response is expected to decrease but the number of responses is expected to increase due to the introduction of the single-unit approval process and streamlining of project approval.

Annual Cost to Federal Government: $1,337,080

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

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

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: Kristen Stierwalt-Huff 202 402-4352

View ICR - OIRA Conclusion