1. This information collection is approved through the end of September 30, 2014 to match the sunset date for the statutory authority for this collection.
2. If the pertinent statutory authority is extended, the agency should begin implementing an electronic submission process for this collection.
Inventory as of this Action
Requested
Previously Approved
09/30/2014
36 Months From Approved
04/30/2013
1,922
0
360
2,412
0
240
0
0
0
Information to analyze and reduce rents to market and restructure mortgages on multifamily properties with FHA insurance and Section 8 project-based assistance whose Section 8 rents exceed market rents. The program reduces section 8 rents to market rents. The program reduces Section 8 rents to market and restructures debt as necessary.
The increase in responses and burden hours is due to the continued participation in the program resulting from the program being extended beyond its sunset of September 30, 2011, as well as an adjustment based on inclusion of information collected by PAEs, as instructed by guidance from OMB. Furthermore, updated data has allowed for more accurate calculations of burden hours.
$51,894
No
No
No
No
No
Uncollected
Patricia Casey 2024028385
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:
(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;
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.