This information collection is an application and/or re-certification criteria for nonprofit organizations seeking approval to participate as FHA insured mortgagors or provide down payment assistance to home buyers, which can be achieved by secondary financing. This information collection also provides standardized information and procedures to ensure equal treatment of applicant throughout the nation and gives HUD sufficient information to ascertain an organization's management and fiscal abilities.
US Code:
12 USC 1708
Name of Law: National Housing Act
Program adjustments reflect a reduction in respondents due to the elimination of double counting, which directly affects a reduction in cost of the collection requirement. Another adjustment is that HUD has established a better methodology for identifying and documenting the burden of program reporting requirements. As an outcome, this new process has yielded more real time data.
$221,130
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Tanya Gunn 202 402-2350
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.