Survey of Participating Jurisdictions in ADDI/HOME Programs

ICR 200711-2528-001

OMB: 2528-0253

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2007-11-08
Supporting Statement B
2007-11-08
Supporting Statement A
2008-01-07
ICR Details
2528-0253 200711-2528-001
Historical Active
HUD/PD&R
Survey of Participating Jurisdictions in ADDI/HOME Programs
New collection (Request for a new OMB Control Number)   No
Regular
Approved with change 01/18/2008
Retrieve Notice of Action (NOA) 11/08/2007
  Inventory as of this Action Requested Previously Approved
01/31/2011 36 Months From Approved
116 0 0
1,392 0 0
0 0 0

Information collected will provide HUD data on the default and delinquency rate of households who receive downpayment assistance from ADDI. Since ADDI is of relatively recent vintage (i.e., 2003) and so may not have been in existence long enough to provide a complete picture of defaults and delinquencies, the research at hand will also attempt to ascertain the default and delinquency rates for that portion of the HOME program, which like its younger sibling, dispenses downpayment assistance. Information related to defaults and delinquencies will be collected from state and local agencies that dispense downpayment assistance through ADDI and/or HOME.

US Code: 12 USC 1701z1 Name of Law: National Housing Act
  
None

Not associated with rulemaking

  72 FR 41 03/02/2007
72 FR 148 08/02/2007
No

1
IC Title Form No. Form Name
Survey of Participating Jurisdicitons in ADDI/HOME Programs

  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 116 0 0 116 0 0
Annual Time Burden (Hours) 1,392 0 0 1,392 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The U.S. Senate Committee Report of the FY 2006 Transportation, Treasury and HUD Appropriations Act directed the U.S. Department of Housing and Urban Development (HUD) to report on the default and delinquency rate of households who receive downpayment assistance through the American Dream Downpayment Initiative (ADDI). The primary objective of this study is to provide an estimate of the delinquency and default rate among homebuyers assisted through both ADDI and the HOME Investment Partnerships Program (HOME). HOME is a pre-existing formula grant program which is similar to ADDI (also a formula grant program) in that it provides downpayment assistance (DPA), but also provides a number of other forms of housing assistance as well. Both the ADDI and HOME Programs are administered by State governments as well as agencies of local government.

$150,691
Yes Part B of Supporting Statement
No
Uncollected
Uncollected
Uncollected
Uncollected
Harold Holzman 2027083700 ext. 5709

  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.
11/08/2007


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