Multifamily Project Construction Contract, Building Loan Agreement, & Construction Change Request

Forms and Documents

Document Name	Status
Form 92437 Multifamily Project Construction Contract, Building Loan Agreement, & Construction Change Request Form and Instruction	Modified
2502-0011 30 day.pdf Supplementary Document	2024-06-12
2502-0011 - Laws and Regulations.docx Supplementary Document	2024-03-27
2502-0011 - Supporting Statement (f) 9-4-24.docx Supporting Statement A	2024-10-07

IC Document Collections

IC ID	Document Title	Status
26974	Multifamily Project Construction Contract, Building Loan Agreement, & Construction Change Request Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0011	ICR Reference No: 202001-2502-001
Status: Received in OIRA	Previous ICR Reference No: 201609-2502-005
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Multifamily Project Construction Contract, Building Loan Agreement, & Construction Change Request
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: 12/26/2024

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	3,522	0
Time Burden (Hours)	7,044	0
Cost Burden (Dollars)	0	0

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Abstract: Contractors, mortgagors, and mortgagees submit the information to HUD to obtain approval of the changes in approved contract drawings and/or specifications. The forms are needed by HUD to obtain compliance with the construction contract.

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Authorizing Statute(s): PL: Pub.L. 479 - 48 207(b) Name of Law: National Housing Act
  

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:
	88 FR 84347	12/05/2023
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 43868	05/20/2024
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
Multifamily Project Construction Contract, Building Loan Agreement, & Construction Change Request	92437	Request for Construction changes on Project Mortgages

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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	3,522	0	0	2,437	0	1,085
Annual Time Burden (Hours)	7,044	0	0	4,482	0	2,562
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: The previous OMB collection reflects an accurate assessment of the numbers submitted under this collection, which once included three forms. The specific forms: HUD-92441, HUD-92442, and HUD-2442-A were removed from this collection and placed under the Multifamily Closing control number 2502-0598. Forms HUD-92442, and HUD-92442-A were combined into one document HUD-92442M. The current numbers are based on the average of three fiscal years of initial endorsements. Under this collection number, these forms must be removed from ROCIS.

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Annual Cost to Federal Government: $142,676

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: 12/26/2024

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