There are two project approval
processing options available – the HUD Review and Approval Process
(HRAP) or the Direct Endorsement Lender Review and Approval Process
(DELRAP). Condominium project approval packages are submitted,
processed and reviewed under one of the available options to
determine eligibility of projects for insurance of a single unit
condominium to be under an FHA mortgage. Condominiums have complex
legal, financial and other documents that require review to assure
FHA that the condominium project is stable with the expectation
that the status will remain unchanged.
FHA has collected this
information in part in previous collections. Changes in #13 and #14
on form 83i are due to reductions in the number of condominium
projects reviewed as well as the number of condominium loans
insured.
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.