Application for Hospital Project Mortgage Insurance/Section 242

ICR 200805-2502-001

OMB: 2502-0518

Federal Form Document

Forms and Documents
IC Document Collections
ICR Details
2502-0518 200805-2502-001
Historical Active 200501-2502-001
HUD/OH
Application for Hospital Project Mortgage Insurance/Section 242
Revision of a currently approved collection   No
Regular
Approved without change 07/02/2008
Retrieve Notice of Action (NOA) 05/14/2008
  Inventory as of this Action Requested Previously Approved
07/31/2011 36 Months From Approved 07/31/2008
36 0 18
17,566 0 17,496
0 0 4,374,000

This information in the 92013 form is necessary (a) to determine the viability of a hospital applicant's proposal for mortgage insurance: basic eligibility criteria; underwriting standards; feasibility study; and adequacy of state and/or local certifications, approvals, or waivers and (b) to regulate and monitor hospitals with insured mortgage loans. The 93305 form is needed to insure proper recordation of project costs, identify and monitor identity of interests between the Mortgagor and General Contractor, subcontractors, suppliers, or equipment lessors and agree upon procedures when such identity of interests arise, and to insure conformity with the National Housing Act and its Regulations.

US Code: 12 USC 1715z-7 Name of Law: National Housing Act
  
None

Not associated with rulemaking

  73 FR 34 02/20/2008
73 FR 93 05/13/2008
No

1
IC Title Form No. Form Name
Application for Hospital Project Mortgage Insurance/Section 242 HUD 93305-M-H, HUD-92013-HOSP Application for Hospital Projet Mortage Insurance ,   Agreement and Certification

  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 36 18 0 18 0 0
Annual Time Burden (Hours) 17,566 17,496 0 70 0 0
Annual Cost Burden (Dollars) 0 4,374,000 0 0 -4,374,000 0
Yes
Miscellaneous Actions
No
Program changes and adjustments include the addition of one form. Section 242.41 requires that the mortgagor, the mortgagee, and HUD to enter into an agreement. HUD requests approval of new form HUD-93305-M-H, Agreement and Certification. The burden hours and annual costs of this new form are described in #12.

$810,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Paul Giaudrane 2027080614 ext. 5684

  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.
05/14/2008


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