Collection of Required
Information for CARES Act Quarterly Reporting
Reinstatement with change of a previously approved collection
No
Regular
03/02/2022
Requested
Previously Approved
36 Months From Approved
23,340
0
559,506
0
0
0
On March 27, 2020, the “Coronavirus
Aid, Relief, and Economic Security Act'' (CARES Act) was signed
into law. The CARES Act provided $12.4 billion in additional FY2020
funding for HUD to prevent, prepare for, and respond to COVID-19,
including providing additional resources to meet emerging needs,
support existing rental assistance programs, and to support
capacity and oversight. The award provides HUD recipients the
flexibility to meet evolving COVID-19 needs in their respective
communities, including extending operational hours, increasing
staffing hours, purchasing additional equipment, enhancing
workforce training and capacity development, and providing critical
housing services to people during this pandemic. The U. S.
Department of Housing and Urban Development requests a clearance of
this information collection request to allow for immediate outreach
to Large Covered Funds recipients, defined as recipients of CARES
Grant amounts over $150,000. This information collection request
will enable the U.S. Department of Housing and Urban Development
(HUD) to collect the quarterly information required to be in
compliance with the requirements outlined in section 15011 of the
CARES Act. Reporting provisions include that not later than 10 days
after the end of each calendar quarter, each covered recipient
shall submit to the agency and the committee a report that contains
(A) the total amount of large covered funds received from the
agency; (B) the amount of large covered funds received that were
expended or obligated for each project or activity; (C) a detailed
list of all projects or activities for which large covered funds
were expended or obligated, including (i) the name of the project
or activity; (ii) a description of the project or activity; and
(iii) the estimated number of jobs created or retained by the
project or activity. The Director of the Office of Management and
Budget, in consultation with the Secretary of the Treasury, the
Administrator of the Small Business Administration, and the
Chairperson of the Council of Economic Advisors, shall submit to
the appropriate congressional committees and publicly release on
the website established under section 15010(g) quarterly reports
that detail the impact of programs funded through large covered
funds on employment, estimated economic growth, and other key
economic indicators, including information about impacted
industries. This information will be reported by the grant
recipients to the program offices within HUD, then aggregated with
the related information already being captured today. This
aggregated information will form the required quarterly reporting
for CARES Act funds that HUD submits to the Pandemic Response
Accountability Committee (PRAC). For those programs where this
would be an increase in the frequency of the information currently
reported by moving from annual to quarterly reporting, the actual
use of the information currently collected is the quarterly
submission file to the PRAC. Respondents (i.e. affected public):
The respondents for this information collection request are the HUD
program recipients of large covered funds provided by the CARES
ACT, as defined in the above section.
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.