A BROKER CONTRACTING WITH HUD TO
MANAGE A HUD-HELD MULTIFAMILY. PROPERTY IS REQUIRED TO COLLECT
SECURITY DEPOSITS FROM TENANTS AS CONSISTANT WITH LOCAL CUSTOM AND
LAW. THE CONTRACTOR SHALL COLLECT, DEPOSIT, MAINTAIN, REFUND AND
KEEP RECORDS COVERING SUCH SECURITY DEPOSITS. THE QUARTERLY REPORT
IS REQUIRED AS A MEANS FOR HUD TO MONITOR THE CONTRACTOR'S HANDLING
OF THE SECURITY DEPOSITS ACCOUNT.
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.