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:
2502-0541
ICR Reference No:
202211-2502-005
Status:
Active
Previous ICR Reference No:
202012-2502-002
Agency/Subagency:
HUD/OH
Agency Tracking No:
Title:
Lender Qualifications for Multifamily Accelerated Processing (MAP)
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved with change
Conclusion Date:
10/02/2023
Retrieve Notice of Action (NOA)
Date Received in OIRA:
01/27/2023
Terms of Clearance:
The agency is advised by OMB that inquiries received on an ICR from internal agency personnel should not be treated as public comments. The agency is also advised that the proper location to document responses to comment is either directly in Supporting Statement A or under the section entitled Supplemental Document. No later than the first ICR revision conducted one year after this approval, the agency shall update its response to Question Prompt #3 of the Supporting Statement A to specifically describe the submission method for any instrument associated with this information collection that either (1) does not have any mechanism for submitting the document to HUD electronically; or (2) Allows for electronic submission, but requires printing off a document or form to physically complete a portion of it (e.g. for signing purposes) or otherwise requires scanning a document or form before it can be electronically submitted to the agency.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
10/31/2026
36 Months From Approved
12/31/2023
Responses
2,071
0
1,118
Time Burden (Hours)
132,172
0
10,406
Cost Burden (Dollars)
0
0
0
Abstract:
To participate in MAP, lenders will be required to show that they have an experienced multifamily underwriter on staff, a satisfactory record on lending on multifamily housing properties, and an acceptable Quality Control Plan. Qualified lenders can then take advantage of a mortgage application-procesing plan that will take substantially less processing time than traditional processing.
Authorizing Statute(s):
None
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:
87 FR 55836
09/12/2022
30-day Notice:
Federal Register Citation:
Citation Date:
88 FR 5371
01/27/2023
Did the Agency receive public comments on this ICR?
Yes
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Lender Qualifications for Multifamily Accelerated Processing (MAP)
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
2,071
1,118
0
953
0
0
Annual Time Burden (Hours)
132,172
10,406
0
121,766
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:
This is the first amendment to the MAP Guide since the 2020 approval. Consistent with OMB’s approval at that time, HUD now proposes to amend and repost the MAP Guide each time it issues a Mortgagee Letter, Federal Register rule or notice, or Administrative Memorandum which amends the Guide. This is in lieu of the former approach of revising the entire MAP Guide on a triennial calendar consistent with the duration of an OMB number incorporating in one action all intervening Mortgagee Letters, Notices, etc. A key benefit of this approach is that HUD will obtain a new OMB number expiration date with each amendment and will not likely confront a pending expiration of its OMB approval for the MAP Guide. In addition, users will have an up to date MAP Guide.
Annual Cost to Federal Government:
$1,482,316
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]?
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?
No
Agency Contact:
Wendy Carter 202 708-2866 ext. 2546
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:
01/27/2023
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