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

ICR 201507-2577-002

OMB: 2577-0275

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2015-10-20
Supplementary Document
2015-10-20
Supplementary Document
2015-10-20
Supporting Statement A
2015-10-20
ICR Details
2577-0275 201507-2577-002
Historical Active 201112-2577-008
HUD/PIH 2577-0275
Public/Private Partnerships for the Mixed-Finance Development of Public Housing Units
Reinstatement with change of a previously approved collection   No
Regular
Approved without change 01/14/2016
Retrieve Notice of Action (NOA) 11/10/2015
  Inventory as of this Action Requested Previously Approved
01/31/2019 36 Months From Approved
920 0 0
16,980 0 0
0 0 0

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 perform due diligence on and 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.

US Code: 42 USC 1437. Section 35 Name of Law: Housing Act of 1937
  
None

Not associated with rulemaking

  80 FR 45676 07/31/2015
80 FR 61222 10/09/2015
No

  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 0 920 0 0
Annual Time Burden (Hours) 16,980 0 0 16,980 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
1. Burden hours have not changed. The total dollars have increased with the increase of attorney costs related to the development of Unique Legal Documents. 2. Text in the forms has changed to reflect the new regulation at 24 CFR §905, subpart F (§905), “Development Requirements,” which has superseded 24 CFR §941, subpart F (§941). Both §941 and §905 state the information that has to be included in a Mixed-Finance Development Proposal. The major change to Mixed-Finance due diligence in §905 is that specific evidentiary documents are not called out. It is now up to HUD’s implementing policy to determine which documents are necessary. For the sake of standardization, at this time HUD has maintained the requirement to submit the basic forms and unique legal documents that were in the previous ICR and are still included in this ICR. In anticipation of the final publication of §905, various other evidentiary documents were removed with submission of the previous ICR. This remains unchanged. 3. Two of the HUD form numbers had to be changed due to a conflict. Other forms from a new program were given the same numbers. The rest of the forms received new numbers in order to keep all Mixed-Finance related form numbers together.

$107,325
No
No
No
No
No
Uncollected
Lawrence Gnessin 202 708-0614 ext. 2676

  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.
11/10/2015


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