Nonprofit organizations provide
financial and other information so that HUD can determine that the
sponsor and/or mortgagor is truly a nonprofit and demonstrates
probably success in project development and continuing operation. A
Housing Consultant hired by the nonprofit certifies to HUD that
he/she has no other financial interest in the project and has no
conflict of interest. The general contractor, subcontractors,
equipment lessees, material and other suppliers, and management of
the project certify to any direct or indiret contractual
relationship they have with the sponsor or the mortgagor. HUD uses
this information to assure compliance with regulations.
The number of applicants have
declined due to the Program's suspension of the product (221d(3).
This has resulted in a decrease in burden responses and burden
hours.
$1,452
No
No
No
No
No
Uncollected
Sylvia Chatman 2027080614 ext.
2994
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.