OMB 83-C Change Worksheet

83C for Section 223 f (2).docx

Application for Hospital Project Mortgage Insurance/Section 242

OMB 83-C Change Worksheet

OMB: 2502-0518

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PAPERWORK REDUCTION ACT

CHANGE WORKSHEET

Agency/Subagency


U.S. Department of Housing and Urban Development

Office of Housing, Office of Multifamily Housing Development

OMB Control Number


2502-0518

Enter only items that change

Current record New record

Agency form number(s)


HUD-92013-HOSP, HUD-93305-M-H



Annual reporting and recordkeeping hour burden




Number of respondents

18

50


Total annual responses

36

100



Percent of these responses collected electronically

0

0


Total annual hours

17,566

48,794


Difference




Explanation of difference




Program change

+31,228



Adjustment


Annual reporting and recordkeeping cost burden (in thousands of dollars)




Total annualized Capital/Startup costs




Total annual costs (O&M)




Total annualized cost requested




Difference




Explanation of difference




Program change




Adjustment


Other changes: The current downturn in the economy, which has reduced the availability of private financing, has not only adversely affected the housing industry but has had a serious impact on hospitals across the nation. At a time when the demand for health care services are on the rise, the lack of access to capital has made it difficult for hospitals to obtain financing for facility, equipment, and technology needs, as well as meet obligations on existing debt. By expanding FHA’s Hospital Mortgage Insurance Program to allow for refinancing of existing debt without conditioning such refinancing on new construction or renovation, HUD believes it can contribute to alleviating financial stress on hospitals, and maintaining the availability of hospitals in many communities. HUD estimates that 32 additional respondents with their associated two responses per annum would submit information on the above referenced forms if provided the opportunity under the Section 223(f) program.



Signature of Senior Official or designee:

Date:

For OIRA Use

_______________

______________


**This form cannot be used to extend an expiration date.

OMB FORM 83-C 10/95

File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
File TitlePAPERWORK REDUCTION ACT
AuthorHUD
File Modified0000-00-00
File Created2021-02-03

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