REQUISITION FOR FUNDS - ADVANCE LOANS

ICR 198701-2577-002

OMB: 2577-0043

Federal Form Document

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Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
145878 Migrated
ICR Details
2577-0043 198701-2577-002
Historical Active 198607-2577-005
HUD/PIH
REQUISITION FOR FUNDS - ADVANCE LOANS
Extension without change of a currently approved collection   No
Regular
Approved without change 02/12/1987
Retrieve Notice of Action (NOA) 01/20/1987
APPROVED WITH THE UNDERSTANDING THAT HUD IS PROGESSING IN THE IMPLEMENTATION OF A PAYMENT SYSTEM BASED ON REIMBURSING IHAs AND PHAs BASED ON INVOICES ON HAND, RATHER THAN THE CURRENT ADVANCE LOAN PROCEDURES. FURTHER, OMB UNDERSTANDS THAT ALL IHAs ARE CURRENTLY UNDER THIS NEW SYSTEM AND THAT HUD WILL SUBMIT TO OMB, BY THE CLOSE OF THIS FISCAL YEAR, A DETAILED WORKPLAN (INCLUDING MILESTONES AND TIMETABLES) TO IMPLEMENT THIS NEW PAYMENT SYSTEM FOR ALL PHAs. WE HOPE THAT ALL PHAs WILL BE INCLUDED IN THIS NEW PAYMENT SYSTEM BY THE CLOSE OF FY 1988. IF HUD DISCERNS THAT THERE WILL BE DELAYS IN IMPLEMENTATION OF THE NEW SYSTEM FOR PHAs, OR THAT THE WORKPLAN WILL NOT BE AVAILABLE TO OMB BY THE CLOSE OF THIS FISCAL YEAR, IT IS TO INFORM OMB AS SOON AS POSSIBLE AND ARRANGE A BRIEFING OF OMB STAFF ON THE REASONS FOR THE DELAY AND THE NEW SCHEDULE FOR IMPLEMENTATION.
  Inventory as of this Action Requested Previously Approved
01/31/1988 01/31/1988 01/31/1987
6,000 0 6,000
9,000 0 9,000
0 0 0

UNDER THE U.S. HOUSING ACT OF 1937 AS AMENDMENT, HUD IS EMPOWERED TO MAKE LOANS PHAS TO ASSIST IN FINANCING THEIR PROJECT NOTES. THESE ADVANCE LOANS MAY BE OBTAINED BY THE PHA SUBMITTING TO HUD AN APPROVED REQUISITION FOR FUNDS (HUD-5420) TO FINANCE DEVELOPMENT AND MODERNIZATION CONSTRUCTION.

None
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No

1
IC Title Form No. Form Name
REQUISITION FOR FUNDS - ADVANCE LOANS HUD-5402

  Total Approved 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 6,000 6,000 0 0 0 0
Annual Time Burden (Hours) 9,000 9,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
01/20/1987


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