Operating Fund Subsidies Allocation Formula

ICR 200703-2577-001

OMB: 2577-0029

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2007-03-14
Supporting Statement A
0000-00-00
IC Document Collections
ICR Details
2577-0029 200703-2577-001
Historical Active 200509-2577-001
HUD/PIH
Operating Fund Subsidies Allocation Formula
Revision of a currently approved collection   No
Regular
Approved without change 05/29/2007
Retrieve Notice of Action (NOA) 03/14/2007
  Inventory as of this Action Requested Previously Approved
05/31/2010 36 Months From Approved 10/31/2008
15,631 0 6,306
11,723 0 4,730
0 0 0

Public Housing Agencies (PHAs) use this information in budget submissions which are reviewed and approved by HUD field offices as the basis for obligating operating subsidies. This information is necessary to calculate the eligibility for operating subsidies under the Operating Fund Program regulation, as amended. The Operating Fund Program is designed to provide the amount of operating subsidy that would be needed for well-managed PHAs.

PL: Pub.L. 105 - 276 9 Name of Law: Quality Housing and Work Responsibility Act of 1998
  
None

Not associated with rulemaking

  71 FR 234 12/06/2006
72 FR 43 03/06/2007
No

1
IC Title Form No. Form Name
Operating Fund Subsidies Allocation Formula HUD-53087, HUD-52723, HUD-52722 Calculation of Subsidies for Operations ,   Operating Fund Calculation of Operating Subsidy ,   Operating Fund Calculation of Utilities Expense Level

  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 15,631 6,306 0 9,325 0 0
Annual Time Burden (Hours) 11,723 4,730 0 6,993 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The change in the burden hours is due to a program change. Beginning July 1, 2007, PHAs will begin submitting their operating subsidy calculations by asset management properties rather than by PHAs. The total number of submissions increase from 3,141 PHAs to 7,807 asset management properties. There is a decrease in the number of Turnkey and Mutual Help properties from 24 (last PRA submission for the form HUD-53087) to 17. However, the increase in the number of asset management properties offsets the decrease in the Turnkey and Mutual Help properties for a net increase in burden hours.

$406,406
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Wanda Funk 202 755-7540

  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.
03/14/2007


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