APPROVED FOR 30
DAYS WITH THE CONDITION THAT HUD MEET WITH OMB AS SOON AS POSSIBLE
ON THIS INFORMATION COLLECTION REQUEST, PARTICULARLY ON: (1) WHY
THE DEPARTMENT IS PROPOSING TO REPLACE THE TREASURY REGION
DISBURSING OFFICE LETTER OF CREDIT SYSTEM FOR DISPERSING FUNDS,
INCLUDING A DISCUSSION OF THE SYSTEM'S PROBLEMS AND HOW HUD'S
PROPOSAL WOULD ALLEVIATE THESE PROBLEMS, AND (2) WHY THE DEPARTMENT
REQUIRES TH LEVEL OF DETAIL ON EXPENDITURE DATA REQUESTED,
INCLUDING A DISCUSSION OF HOW HUD USES THIS DATA.
Inventory as of this Action
Requested
Previously Approved
02/28/1986
02/28/1986
5,600
0
0
3,800
0
0
0
0
0
THESE THREE INSTRUMENTS FACILITATE
DISBURSEMENT OF FLEXIBLE SUBSIDY FUNDS AND VERIFYING USE OF FUNDS
IN ACCORDANCE WITH CONTRACT(S). THE FLEXIBLE SUBSIDY PROGRAM
PROVIDES OPERATING ASSISTANCE FOR RESTORATION AND MAINTENANCE OF
THE FINANCIAL SOUNDNESS IMPROVEMENT OF MANAGEMENT, AND MAINTENANCE
OF LOW/MODERATE INCOME CHARACTER OF CERTAIN MULTIFAMIL HOUSING
PROGRAMS.
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.