Multifamily Project Monthly Accounting Reports

Forms and Documents

Document Name	Status
Form HUD-93480 Multifamily Project Monthly Accounting Reports Form and Instruction	Modified
Supporting Statement A.docx Supporting Statement A	2014-01-20
200.105.doc Supplementary Document	2014-01-16

IC Document Collections

IC ID	Document Title	Status
27034	Multifamily Project Monthly Accounting Reports Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0108	ICR Reference No: 201310-2502-005
Status: Historical Active	Previous ICR Reference No: 201008-2502-001
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Multifamily Project Monthly Accounting Reports
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 04/11/2014
	Date Received in OIRA: 01/31/2014
Terms of Clearance: As shown by the changes to this collection, HUD shall accurately display the burden of each reporting requirement.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2017	36 Months From Approved	04/30/2014
Responses	491,256	0	123,228
Time Burden (Hours)	24,563	0	143,766
Cost Burden (Dollars)	0	0	0

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Abstract: This information is necessary to access the need for remedial actions to correct project deficiencies or head off potential default of a project mortgage. HUD monitors compliance with contractual agreements and analyzes cash flow trends as well as occupancy and rent collection levels.

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Authorizing Statute(s): None

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:
	78 FR 66041	11/04/2013
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 5445	01/31/2014
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
Multifamily Project Monthly Accounting Reports	93481, HUD-93479, HUD-93480	Schedule of Disbursements - Schedule B ,   Monthly Report for Establishing Net Income - Schedule A ,   Schedule of Accounts Payable/Schedule C

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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	491,256	123,228	0	0	368,028	0
Annual Time Burden (Hours)	24,563	143,766	0	0	-119,203	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: An adjustment was made to reflect the current number of respondents, which grew with the increase in the size of HUD's portfolio, and responses based on the current number of HUD insured and HUD-held project records available in HUD systems. Decreased burden hours reflects the fact that HUD accepts owners' electronic submissions of reports generated by their own financial systems. Owners are not required to transfer their electronic files into the forms provided by HUD, although the forms continue to be available for those without automated means to generate the information.

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Annual Cost to Federal Government: $3,546,868

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: 01/31/2014

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