Condominium Project Approval Document Collection

Forms and Documents

Document Name	Status
Form HUD-92544 Condominium Project Form	Modified
Condo Handbook Version, (Clean) 8-8-19.pdf Supplementary Document	2019-08-21
Published Final Rule (Project Approval for Single-Family Condos), 8-15-2019.pdf Supplementary Document	2019-08-15
2502-0610 Supporting Statement A Condo Rule (8-13-19) v1.docx Supporting Statement A	2019-08-15
Published Proposed Rule (Project Approval for Single Family Condos), 9-28-2016.pdf Supplementary Document	2019-08-14
Executive Order 13878.pdf Supplementary Document	2019-08-14
CFR 234 references.pdf Supplementary Document	2019-08-14
CFR 206 references.pdf Supplementary Document	2019-08-14
CFR 203 references.pdf Supplementary Document	2019-08-14

IC Document Collections

IC ID	Document Title	Status
208827	Condominium Project Form	Modified

ICR Details

OMB Control No: 2502-0610	ICR Reference No: 201908-2502-001
Status: 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

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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.

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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

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

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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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	Warranty of Completion of Construction ,   Builder's Certification of Plans, Specifications, & Site ,   Condominium Rider ,   FHA Condo Loan Level – Single-Unit Approval Questionnaire ,   FHA Condo Project Approval Questionnaire

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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	120,000	159,710	0	-39,710	0	0
Annual Time Burden (Hours)	64,325	90,660	0	-26,335	0	0
Annual Cost Burden (Dollars)	0	0	0	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.

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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

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Common Form ICR:  No

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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: 08/15/2019

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