OMB has approved
this information collection under the following conditions: 1) In
the next printing of HUD Form 92290, HUD shall clarify the
Instructions for Questions 1-7. Questions 1-3 are self explanatory,
as is question #7. Questions 4-6 are to be completed by HUD, and
this should be stated in the instructions. 2) In its next
submission, HUD shall provide greater detail on the actual number
of loan applications for Section 102(b) assistance, to verify that
the loan applications have been in a "downward trend".
Inventory as of this Action
Requested
Previously Approved
03/31/1994
03/31/1994
03/31/1991
200
0
300
100
0
150
0
0
0
FORM HUD-92290 IS THE ONLY FORM USED
BY NONPROFIT BORROWER CORPORATION PARTICIPATING IN HUD'S SECTION
202 PROGRAM FOR HOUSING THE ELDERLY AND HANDICAPPED TO MAKE AN
APPLICATION FOR A SECTION 106(B) "SEED MONEY" LOAN. THIS FORM
ENABLES BORROWERS TO RECEIVE CONSIDERATION FOR A NON-INTEREST
FEDERAL LOAN OF UP TO $50,000. THE PROCEEDS OF THE LOAN MAY BE USED
TO HELP DEFRAY THE BORROWER'S PRECONSTRUCTION COSTS OF
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.