COVID19 HUD Contingency Plan for HUD Multifamily Rental Project Closing Documents

ICR 202011-2502-002

OMB: 2502-0618

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2020-12-15
Supporting Statement A
2020-11-12
Supplementary Document
2020-05-28
Supplementary Document
2020-05-28
ICR Details
2502-0618 202011-2502-002
Received in OIRA 202005-2502-006
HUD/OH
COVID19 HUD Contingency Plan for HUD Multifamily Rental Project Closing Documents
Revision of a currently approved collection   No
Regular 12/15/2020
  Requested Previously Approved
36 Months From Approved 01/31/2021
942 942
1,389 1,389
0 0

This is a revision request of a currently approved information collection. This collection was established in response to the current COVID19 pandemic. The collection will serve the purpose of addressing situational conditions to accommodate collections for multifamily programs impacted by unforeseen circumstances associated with COVID19 and other related situations in the future as the need may be. The collection involves two new temporary closing forms to conduct electronic closings on all closing types and to set up a debt service escrow for FHA-insured mortgage closings for Section 223(f) market rate refinances. This relates to the current COVID-19 Coronavirus outbreak and the Presidential declaration that declared a national emergency.

None
None

Not associated with rulemaking

  85 FR 55315 09/04/2020
85 FR 8035 12/11/2020
No

  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 942 942 0 0 0 0
Annual Time Burden (Hours) 1,389 1,389 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$70,839
No
    No
    No
No
No
No
No
Wendy Houston 202 402-2546 wendy.n.houston@hud.gov

  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.
12/15/2020


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