This collection is necessary for HUD
to ensure that all properties owned by potential purchasers are in
compliance with the state and local housing codes that are in the
same locality as the project to be purchased.
The reduction in the number of
responses results from a program change. HUD no longer holds
projects after foreclosure longer than a day or so; therefore, the
HUD-owned inventory drastically decreased since the last
submission. Estimated Number of Respondents (Insured Inventory)
reflects the number of properties in HUDs inventory that will only
be affected if they go into foreclosure or become HUD-Held. The
possibility of receiving 14,758 respondents in one year would mean
all of HUDs insured portfolio would fail , which would be
extremely rare .
$42
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Angie Scott Hamilton
2024022601
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.