Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units

Forms and Documents

Document Name	Status
Form HUD-50029 Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units Form and Instruction	Modified
83i Mixed-Finance 1-26-12.docx Supporting Statement A	2012-03-08
Initial Privacy Assessment (2).docx Supplementary Document	2012-03-08

IC Document Collections

IC ID	Document Title	Status
195680	Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units Form and Instruction	Modified

ICR Details

OMB Control No: 2577-0275	ICR Reference No: 201112-2577-008
Status: Historical Active	Previous ICR Reference No: 201012-2577-002
Agency/Subagency: HUD/PIH	Agency Tracking No:
Title: Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units
Type of Information Collection: Existing collection in use without an OMB Control Number	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/08/2012
	Date Received in OIRA: 03/21/2012
Terms of Clearance: OMB notes the violation of the Papperwork Reduction Act.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2015	36 Months From Approved
Responses	920	0	0
Time Burden (Hours)	16,980	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The 1998 Public Housing Reform Act allowed the mixed-finance development of public housing units. This meant that Public Housing Authorities (PHAs) could create public housing projects using public housing capital funds and outside sources of funds, subject to HUD's approval. This Information Collection pertains to the information that HUD collects in order to approve the mixed-finance development of public housing prior to a financial closing and the start of construction or rehabilitation activities. Applicants describe ownership, the type, size, and number of units, construction schedule, construction and permanent financing, property management, how public housing operating subsidy will be provided to the project and other operation plans.

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Authorizing Statute(s): US Code: 42 USC 1437. Section 35 Name of Law: Housing Act of 1937
  

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:
	77 FR 1497	01/10/2012
30-day Notice:	Federal Register Citation:	Citation Date:
	77 FR 16048	03/19/2012
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
Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units	HUD-50030, HUD-50029, HUD-50150, HUD-50154, HUD-50155, HUD-50151	Homeownership Term Sheet ,   Mixed-Finance Rental Term Sheet ,   Term Sheet Fee Calculator ,   Mixed-Finance Certifications and Assurances ,   Homeownership Certifications and Assurances ,   Mixed-Finance and Homeownership Pre-Funding Certifications and Assurances

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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	920	0	0	0	920	0
Annual Time Burden (Hours)	16,980	0	0	0	16,980	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: 1. Program Changes: a. The information in the following ICs is currently being collected, but has never had a Control Number assigned. IC i., new form HUD 50150, combines several financial calculations that are currently manually performed by the respondents. The form has automated the calculations using MS Excel. HUD estimates that a total of 120 burden hours are being saved with the implementation of this form. Unfortunately, since the original burden hours never had a Control Number and were not previously reported, the burden hour savings is not included in the totals for this ICR. PRA information and form numbers have been assigned to three existing ICs, ii. Through iv., below. ICs v. through ix., below, are unique legal documents that must be submitted to HUD. The inclusion of these ICs in the new OMB Control Number will resolve some of HUD's Mixed-Finance non-compliance issues. These ICs have a total of 5,945 burden hours and a cost of $441,250. b. The following ICs are being moved from OMB 2577-0157 to the new Mixed-Finance Control Number. These documents summarize information that is included in other ICs included in this ICR. The burden hours for each of these forms has been increased from 8 hours to 16 hours. Form HUD-50030 has been updated to reflect the introduction of form HUD-50150, Term Sheet Calculator, and to delete items that are not needed in the summary. The original 8 hour burden for both of these ICs did not realistically take into account the research necessary to find the information in other ICs. These ICs have a total of 1,280 burden hours and a cost of $64,000. i. HUD-50030 Mixed-Finance Rental Term Sheet ii. HUD-50029 Mixed-Finance Homeownership Term Sheet c. Program Change Total The Program Changes in this ICR have a total of 7,225 burden hours and a cost of $505,250. 2. Adjustments: a. The following ICs had been inappropriately removed from other Control Numbers and are being reinstated. IC i., below, had been reported under OMB Number 2577-0033, but was accidentally removed when that and 12 other Numbers were consolidated into 2577-0157. ICs ii. through vi., below, had been reported under OMB Number 2577-0157. The inclusion of these ICs in the new OMB Control Number resolves the remainder of HUD's Mixed-Finance non-compliance issues. See the matrix in the answer to Question 2 for details of the Control Number histories. i. Mixed-Finance Evidentiaries: Supplementary Document: Unique Legal Document ii. Mixed-Finance Amendment to the Annual Contributions Contract: Supplementary Document: Unique Legal Document iii. Mixed-Finance Declaration of Restrictive Covenants: Supplementary Document: Unique Legal Document iv. Mixed-Finance Final Title Policy: Supplementary Document: Unique Legal Document v. Mixed-Finance Legal Opinion: Supplementary Document: Unique Legal Document vi. Mixed-finance Homeownership Addendum: Supplementary Document: Unique Legal Document b. Adjustments Total The Adjustments in this ICR have a total of 9,775 burden hours and a cost of $1,735,000.  3. The total increase in burden hours due to Program Changes is 7,225 hours at a cost of $505,250. The total increase in burden hours due to Adjustments is 9,770 hours at a cost of $1,735,000. The grand total increase in burden hours is 16,980 at a cost of $2,240,250.

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Annual Cost to Federal Government: $2,102,240

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]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

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: 03/21/2012

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