Emergency Homeowners' Loan Program –Required Data Elements Collection

Forms and Documents

Document Name	Status
Emerg Ltr.docx Supplementary Document	2011-01-20
Supporting Statement A.docx Supporting Statement A	2011-01-20

IC Document Collections

IC ID	Document Title	Status
195998	Screenshots Other-Screenshots	New

ICR Details

OMB Control No: 2502-0597	ICR Reference No: 201101-2502-004
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Emergency Homeowners' Loan Program –Required Data Elements Collection
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Emergency	Approval Requested By: 02/28/2011
OIRA Conclusion Action: Approved without change	Conclusion Date: 02/23/2011
	Date Received in OIRA: 01/31/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2011	6 Months From Approved
Responses	36,264	0	0
Time Burden (Hours)	108,792	0	0
Cost Burden (Dollars)	0	0	0

---

Abstract: HUD is implementing a mortgage relief program entitled the Emergency Homeowners Loan Program. The program will offer a declining balance, deferred payment “bridge loan” (non-recourse, subordinate loan with zero interest) for up to $50,000 to assist eligible homeowners with payments of arrearages, including mortgages, delinquent taxes, insurance premiums, condominium or homeowners association fees; late fees; and certain foreclosure-related attorney’s fee. In addition to payment of arrearages, EHLP funds may also be used to assist eligible homeowners to make up to 24 months of mortgage payments on their mortgage principal, interest, taxes and insurance (PITI), as well as condominium/homeowner association fees, as applicable.

Emergency Justfication: The emergency review is necessary to enable to HUD to facilitate the collection of required data from potential program applicants to determine their eligibility to receive mortgage relief assistance through EHLP. The collection of this data is vital to program implementation and evaluation. Without the required data, the Department would be unable to assess applicant eligibility and distribute loan funds to assist borrowers in need. The funding appropriated for EHLP is limited year funding and is scheduled to expire by statute on September 30, 2011. If the Department is required to obtain PRA approval through the traditional process we will be unable to obligate all monies appropriated to support borrowers before the end of the fiscal year. Emergency approval is consistent with Congressional intent to provide the much needed relief to homeowners facing foreclosure. The Department contends that it is critical to implement this initiative and provide assistance to borrowers who are desperately in need. The emergency review will enable HUD to provide mortgage relief assistance available to homeowners as quickly as possible. The program is of limited duration, which supports the need for prompt implementation of the program.

---

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

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
Screenshots

---

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	36,264	0	0	36,264	0	0
Annual Time Burden (Hours)	108,792	0	0	108,792	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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: Essential for the immediate implementation of the Emergency Homeowners’ Loan Program (EHLP), which HUD was directed to establish by Congress in the Dodd-Frank Wall Street Reform and Consumer Protection Act, 2010.

---

Annual Cost to Federal Government: $5,222,016

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]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

---

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: 01/31/2011

---