Rehabilitation Mortgage Insurance Underwriting Program Section 203(K)

Forms and Documents

Document Name	Status
Form HUD-92700-A Rehabilitation Mortgage Insurance Underwriting Program Section 203(K) Form	Modified
IPA 2017.docx Supplementary Document	2017-07-12
Supporting Statement - A (2).doc Supporting Statement A	2017-07-12

IC Document Collections

IC ID	Document Title	Status
27291	Rehabilitation Mortgage Insurance Underwriting Program Section 203(K) Form	Modified

ICR Details

OMB Control No: 2502-0527	ICR Reference No: 201706-2502-006
Status: Active	Previous ICR Reference No: 201402-2502-005
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Rehabilitation Mortgage Insurance Underwriting Program Section 203(K)
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/09/2018
	Date Received in OIRA: 11/08/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2021	36 Months From Approved
Responses	222,222	0	0
Time Burden (Hours)	15,871	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: This information collection covers application, qualification, and certification processes for participants in HUD-FHA's 203(K) Rehabilitation Mortgage Insurance Program.

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Authorizing Statute(s): US Code: 24 USC 1703 Name of Law: Insurance of Financial Institutions
  

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:
	82 FR 32196	07/12/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 45044	09/27/2017
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
Rehabilitation Mortgage Insurance Underwriting Program Section 203(K)	HUD-92700-A, HUD-9746-A, HUD-92700, HUD-92577	203 (k) Borrower's Acknowledgement ,   Maximum Mortgage Work sheet ,   Drew request Section 203(k) ,   Request for acceptance of changes in approved drawing and Specifications

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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	222,222	0	0	0	77,767	144,455
Annual Time Burden (Hours)	15,871	0	0	0	-106,020	121,891
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: The program is continually being reviewed to determine any impact from housing market conditions. Also, this is a revolving program with consultants being removed from and/or added to the approved list or voluntarily withdrawing from the list, therefore additional consultants are projected to apply for and be approved to perform inspection services under the 203(k) program on an annual basis.

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Annual Cost to Federal Government: $1,094,122

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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: 11/08/2017

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