OMB 83-C PRA Change Worksheet

83C.doc

Submission Requirements for the Capital Advance Program Section 202/811

OMB 83-C PRA Change Worksheet

OMB: 2502-0470

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PAPERWORK REDUCTION ACT

CHANGE WORKSHEET

Agency/Subagency


U.S. Department of Housing and Urban Development


Office of Housing Assistance and Grant Administration

OMB Control Number


2502-0470

Enter only items that change

Current record New record

Agency form number(s)


HUD-90167-CA

Annual reporting and recordkeeping hour burden




Number of respondents

0

0


Total annual responses

0

0



Percent of these responses collected electronically

0

0


Total annual hours

0

0


Difference




Explanation of difference




Program change




Adjustment


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




Total annualized Capital/Startup costs

0



Total annual costs (O&M)

0



Total annualized cost requested

0



Difference




Explanation of difference




Program change




Adjustment


Other changes**

There are two changes to the form. First is the recognition that capital advance mortgage no longer has to be a valid first lien on the property. HUD will accept other liens being placed in a superior position to HUD’s capital advance mortgage.


Secondly, the form recognizes in a mixed-finance transaction that the sponsor may keep the capital advance funds and lend them to the mixed-finance owner rather than assigning the capital advance funds to the mixed-finance owner.



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/msword
File TitlePAPERWORK REDUCTION ACT
AuthorHUD
Last Modified ByPreferred User
File Modified2007-11-01
File Created2007-10-31

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