APPROVED WITH
CONDITION. HUD MUST PROVIDE OMB, NO LATER THAN APRIL 15, 1985, WITH
AN UPDATED SCHEDULE THAT DELINERATES ACTIONS REQUIRED TO IMPLEMENT
THE LETTER OF CREDIT CONTROL SYSTEM.
Inventory as of this Action
Requested
Previously Approved
12/31/1985
12/31/1985
3,500
0
0
7,000
0
0
0
0
0
LOCAL HUD FIELD OFFICES ARE
RESPONSIBLE FOR SELECTING THE PROJECTS WHICH WILL RECEIVE BENEFITS
UNDER FLEXIBLE SUBSIDY PROGRAM (SECTION 201 OF HCDA OF 1978, P.L.
95-557 APPROVED OCTOBER 31, 1978, 92 STAT 2084). THESE INSTRUMENTS
FACILITATE THE ANALYSES THAT ARE NECESSARY TO DETERMINE ELIGIBLE
PROJECTS' PROBLEMS AND NEEDS AND ASSUR BEST USE OF FUNDS.
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.