Annual Adjustment Factors (AAF) Rent Increase Requirement

Forms and Documents

Document Name	Status
ICR 2502-0507.DOC Supporting Statement A	2008-06-04

IC Document Collections

IC ID	Document Title	Status
27245	Annual Adjustment Factors (AAF) Rent Increase Requirement Other-Certification	Modified

ICR Details

OMB Control No: 2502-0507	ICR Reference No: 200806-2502-001
Status: Historical Active	Previous ICR Reference No: 200503-2502-003
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Annual Adjustment Factors (AAF) Rent Increase Requirement
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/24/2008
	Date Received in OIRA: 06/12/2008
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2011	36 Months From Approved	09/30/2008
Responses	612	0	3,000
Time Burden (Hours)	918	0	4,950
Cost Burden (Dollars)	0	0	0

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Abstract: Owners of project-based section 8 contracts that utilize the AAF as the method of rent adjustment provide this information which is necessary to determine whether or not the subject properties' rents are to be adjusted and, if so, the amount of the adjustment.

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Authorizing Statute(s): None

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 69	04/09/2008
30-day Notice:	Federal Register Citation:	Citation Date:
	73 FR 112	06/10/2008
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Annual Adjustment Factors (AAF) Rent Increase Requirement	HUD-92273-S8, HUD 92273s8 Instructions	Completing the Rent Comparability Grid ,   Instructions for 92273 Form

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ICR Summary of Burden

	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	612	3,000	0	0	-2,388	0
Annual Time Burden (Hours)	918	4,950	0	0	-4,032	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The number of responses has decreases since the last submission and will continue to decrease over time because there are fewer owners who are using the AAF as the method of rent adjustment for their properties. The population of these properties is decreasing annually, and therefore the responses will decease annually. Beginning in FY1999, any project-based section 8 contract that expires must renew according to the requirements of the Multifamily Assisted Housing Reform and Affordability Act which do not use the AAF as the method of rent adjustment.

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Annual Cost to Federal Government: $10,263

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? Uncollected

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 06/12/2008

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