HUD Multifamily Rental Project Closing Documents

Forms and Documents

Document Name	Status
MF Closing Docs - HUD Responses to Comments on 30-Day PRA Notice 04082011(2).docx Supplementary Document	2011-04-11
MF Closing Docs Comparison Matrix.xlsx Supplementary Document	2011-04-01
Supporting Statement A for Multifamily Closing Documents2.docx Supporting Statement A	2011-04-11
Laws & Regs for MF Closing Docs.zipx Supplementary Document	2010-12-20

IC Document Collections

IC ID	Document Title	Status
195722	HUD Multifamily Closing Documents Other-Forms and Instructions	New

ICR Details

OMB Control No: 2502-0598	ICR Reference No: 201012-2502-002
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: HUD Multifamily Rental Project Closing Documents
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 04/13/2011
	Date Received in OIRA: 01/06/2011
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	04/30/2014	36 Months From Approved
Responses	19,800	0	0
Time Burden (Hours)	13,350	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: HUD is seeking to ammend certain Federal Housing Administration(FHA)forms to reflect current HUD policy in the area of multifamily rental projects.

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Authorizing Statute(s): US Code: 12 USC 1702-1715z-21 Name of Law: null
   US Code: 42 USC 3535(d) Name of Law: null
  

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:
	75 FR 3544	01/21/2010
30-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 80517	12/22/2010
Did the Agency receive public comments on this ICR? Yes

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

IC Title	Form No.	Form Name
HUD Multifamily Closing Documents

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ICR Summary of Burden

	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	19,800	0	0	19,800	0	0
Annual Time Burden (Hours)	13,350	0	0	13,350	0	0
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: Changing Regulations

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

Burden Reduction Due to:

Short Statement: HUD is issuing a comprehensive set of revised closing documents for use in Federal Housing Administration (FHA) multifamily rental projects.

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Annual Cost to Federal Government: $547,350

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? 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? Uncollected

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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: 01/06/2011

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