Request for Withdrawals from Replacements Reserves / Residual Receipts Funds

Forms and Documents

Document Name	Status
Form HUD 9250 Request for Withdrawals from Replacements Reserves / Residual Receipts Funds Form and Instruction	Modified
2502-0555 30 Day.pdf Supplementary Document	2024-08-28
2502-0555 - Laws and Regulations.docx Supplementary Document	2024-06-24
2502-0555 - Supporting Statement (f) 6-24-24.docx Supporting Statement A	2024-06-24

IC Document Collections

IC ID	Document Title	Status
27349	Request for Withdrawals from Replacements Reserves / Residual Receipts Funds Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0555	ICR Reference No: 202406-2502-001
Status: Received in OIRA	Previous ICR Reference No: 202101-2502-001
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Request for Withdrawals from Replacements Reserves / Residual Receipts Funds
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 08/28/2024

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	30,791	0
Time Burden (Hours)	8,314	0
Cost Burden (Dollars)	0	0

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Abstract: The purpose of this information collection is to ensure that the Department reviews and authorizes advances from the Reserve for Replacements and/or Residual Receipts Funds.

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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:
	89 FR 25894	04/12/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 65379	08/09/2024
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
Request for Withdrawals from Replacements Reserves / Residual Receipts Funds	HUD 9250	Funds Authorizations

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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	30,791	0	0	22,524	0	8,267
Annual Time Burden (Hours)	8,314	0	0	47	0	8,267
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Reinstatement, with change, of previously approved collection for which approval has expired. The non-substantial change in inventory in item 13 above reflects project owners that paid or prepaid their mortgage loan and no longer have a regulatory or Section 8 HAP contract requirement to HUD to maintain residual receipts or reserve for replacements escrows. The change in inventory also includes newly insured projects that have been added to the portfolio since the last report.

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Annual Cost to Federal Government: $186,484

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: 08/28/2024

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