Survey of Market Absorption of New Apartment Buildings

ICR 201312-2528-005

OMB: 2528-0013

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2013-12-16
Supporting Statement B
2013-12-16
Supporting Statement A
2014-03-24
IC Document Collections
ICR Details
2528-0013 201312-2528-005
Historical Active 201012-2528-003
HUD/PD&R
Survey of Market Absorption of New Apartment Buildings
Revision of a currently approved collection   No
Regular
Approved with change 03/31/2014
Retrieve Notice of Action (NOA) 01/23/2014
Previous terms of clearance remain in effect. HUD shall update the advance letter and include a introductory script.
  Inventory as of this Action Requested Previously Approved
03/31/2017 36 Months From Approved 05/31/2014
12,000 0 12,000
6,000 0 4,000
0 0 0

The Department of Housing and Urban Development conducts this survey in order to determine if the supply of rental housing is keeping pace with current and future needs. Additional information such as asking rent (or price for condominium unites) and number of bedrooms is also collected. We will now also asking availability of assisted living for "senior" (55+ restricted) buildings.

US Code: 12 USC 170z-2 Name of Law: United States Housing Act of 1970
   US Code: 12 USC 1701z-1 Name of Law: United States Housing Act of 1970
  
None

Not associated with rulemaking

  78 FR 192 10/03/2013
79 FR 3848 01/23/2014
Yes

1
IC Title Form No. Form Name
Survey of Market Absorption of New Apartment Buildings

  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 12,000 12,000 0 0 0 0
Annual Time Burden (Hours) 6,000 4,000 0 2,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
Due to the flexibility afforded by the electronic collection instrument, we are able to increase the asking rent and price range categories, allowing us to collect data that are more accurate. We will expand these ranges from seven each, to ten ranges for rental units and twelve ranges for condominium and cooperative units. These additional ranges may increase interviewing time (burden) for those buildings with a wider variety of units at different price points. For the amenities question (H-31 item 8), no additional options were added, however, we revised the list by eliminating: heat, hot water, air conditioning, range, refrigerator, and dishwasher. In their place we substituted: water, sewer, cable, Internet, and laundry facilities. SOMA will now include a new verification question taken from the Survey of Construction regarding the laundry facilities in the building. The government programs question (H-31 item 5) has an additional option – "Federal Tax Exempt Multifamily Bond Financing." The senior services (H-31 item 12) will have five answer categories. What had been item 12a was made into the three separate parts it currently includes. What had been item 12b was revised to only include "managing finances"; item 12c is unchanged.

$1,750,000
Yes Part B of Supporting Statement
No
No
No
No
Uncollected
Shawn Bucholtz 202 402-5538

  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.
01/23/2014


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