Lender Qualifications for Multifamily Accelerated Processing (MAP)

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
MAP_Guide_December2020_Final.pdf	Supplementary Document	Uploaded 2020-12-17	Repair queued
Signed OMB-83C_2020 MAP Guide 2502-0541.pdf	Justification for No Material/Nonsubstantive Change	Uploaded 2020-12-17	Repair queued
30 Day FR 2502-0541.pdf	Supplementary Document	Uploaded 2020-10-09	Repair queued
2502-0541 - MAP Guide Laws and Regs.pdf	Supplementary Document	Uploaded 2020-09-28	Repair queued
2502-0541 - Supporting Statement A_FINAL AMENDED.docx	Supporting Statement A	Uploaded 2020-12-15	Missing upstream

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
27323	Lender Qualifications for Multifamily Accelerated Processing (MAP)	Instruction	Unchanged

ICR Details

OMB Control No: 2502-0541	ICR Reference No: 202012-2502-002
Status: Received in OIRA	Previous ICR Reference No: 202006-2502-003
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Lender Qualifications for Multifamily Accelerated Processing (MAP)
Type of Information Collection: No material or nonsubstantive change to a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 12/17/2020

table that charts list comparision

	Requested	Previously Approved
Expiration Date	12/31/2023	12/31/2023
Responses	1,118	1,118
Time Burden (Hours)	10,406	10,406
Cost Burden (Dollars)	0	0

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Abstract: To participate in MAP, lenders will be required to show that they have an experienced multifamily underwriter on staff, a satisfactory record on lending on multifamily housing properties, and an acceptable Quality Control Plan. Qualified lenders can then take advantage of a mortgage application-procesing plan that will take substantially less processing time than traditional processing.

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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 39928	07/02/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 62318	10/02/2020
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Lender Qualifications for Multifamily Accelerated Processing (MAP)

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ICR Summary of Burden

table that charts list 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	1,118	1,118	0	0	0	0
Annual Time Burden (Hours)	10,406	10,406	0	0	0	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 for the approval of the MAP Lender requirements. There are no changes to the way the program is administered. However, this collection reports a reduction in the burden hours from the previous collection. This collection requests 10,406 burden hours, the previous collection burden hours were 52,107.50, which is a difference of (41,701.50). Department implemented the follow factors to improve efficiency in lender approval and loan underwriting approval process to reduce the burden hours in this collection by: risk mitigation in underwriting requirements, standardization of processing procedures and forms, and the elimination of duplication in procedures, and forms. In addition to these existing mitigations, per our HUD Departmental guidance we were informed that we were to only list the burden numbers for “Standard Practice” items and not to include these numbers in Number 12’s matrix. HUD had previously counted the burden hours of the “Standard Practice” items the same as the submission of forms and documents. These are forms and documents which are already being collected under other approved OMB collections. The Standard Practice disclosed in this collection are the same procedures, practices, compliances, and authorities that are also required in the industry. Based on this guidance this will drastically reduce the total annual burden hours. A list of the other OMB collections included in Section 1 of this Supporting Statement.

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Annual Cost to Federal Government: $1,482,316

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: 12/17/2020

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