Budget-Based Rent Increase

Forms and Documents

Document Name	Status
Form HUD-92547-A Budget-Based Rent Increase Form and Instruction	Modified
2502-0324 30 Day FR.pdf Supplementary Document	2021-06-29
Regulatory Authority-2502-0324.docx Supplementary Document	2020-08-05
2502-0324 - PTA (Signed by Privacy Office).pdf Supplementary Document	2018-04-04
2502-0324 - Supporting Statement A (F).docx Supporting Statement A	2020-08-05

IC Document Collections

IC ID	Document Title	Status
44102	Budget-Based Rent Increase Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0324	ICR Reference No: 202008-2502-001
Status: Received in OIRA	Previous ICR Reference No: 201709-2502-002
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Budget-Based Rent Increase
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/29/2021

	Requested	Previously Approved
Expiration Date	36 Months From Approved	06/30/2021
Responses	974	974
Time Burden (Hours)	5,347	5,191
Cost Burden (Dollars)	0	0

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Abstract: Owners of certain cooperative and subsidized rental projects are required to submit a Budget Worksheet when requesting rent increases. HUD Field Office's review and evaluate the amount and reasonableness of the requested increase.

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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:
	85 FR 10710	02/25/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 34269	06/29/2021
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
Budget-Based Rent Increase	HUD-92547-A	Budget Worksheet

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ICR Summary of Burden

	Total Request	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	974	974	0	0	0	0
Annual Time Burden (Hours)	5,347	5,191	0	0	156	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: This is a revision of a currently approved collection to incorporate OMB 2502-0446. With this action, 2502-0446 will be eliminated. The combination now includes the estimate of yearly rent adjustment requests made by owners and the number of annual appeal actions taken to redress denials of such requests. Since two PRA packages have been combined into one, all data shown in items 12 and 14 have increased and show the summed total for data in both packages. The number of burden hours for rent adjustment requests represent the number of projects that make budget based rent adjustment requests across the portfolio and the aging out of old closed programs such as Section 236. HUD is also encouraging project owners to utilize a standardized set of rent tables provided by HUD to owners and managers annually.

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Annual Cost to Federal Government: $10,650

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? No

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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: 06/29/2021

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