View RCF  - OIRA Conclusion

202504-2511-002CF 202310-2511-002CF
Active 06/30/2025
HUD/CFO
4040-0014 202307-4040-001
Election Assistance Commission Federal Financial Report
RCF No material or nonsubstantive change to a currently approved collection
 Approved without change   05/04/2025
Retrieve Notice of Action (NOA) 04/28/2025
Critical financial information needed for agency’s financial statements that are reported to OMB, Treasury, and Congress
None
 
Malik Hawkins 202 402-7211 malik.hawkins@hud.gov

IC Title Status Responses Hours Dollars Document Type Form No. Form Name
SF-425 Federal Financial Report 4040-0014 2,800 2,800 0 Form and Instruction 4040-0014 SF-425 Federal Financial Report
Other

  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 2,800 50 0 2,750 0 0
Annual Time Burden (Hours) 2,800 50 0 2,750 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0

Yes
Miscellaneous Actions
No
The increase in the number of respondents for the SF-425, Federal Financial Report, is primarily due to expanded programmatic financial reporting requirements to ensure that federal funds are not being used fraudulently, wasted, or abused per Executive Order(s) by the new administration. Participation and the implementation of grant initiatives issued by HUD require standardized financial reporting. As HUD continues to prioritize transparency and oversight of federal funds, more grant recipients—including subrecipients and newly eligible entities—are now required to submit the SF-425 to ensure consistent financial accountability across programs. This growth aligns with efforts to strengthen compliance with OMB guidance and improve the quality of financial data reported to federal agencies.