For the next submission, HUD will consider automation of this information for easy HUD execution.
Inventory as of this Action
Requested
Previously Approved
05/31/2011
36 Months From Approved
113
0
0
1,300
0
0
0
0
0
Owners of Section 236 projects may submit information to HUD to request continuation of interest reduction payments after refinancing. As part of these refinancing transactions, HUD requires the execution of interest Reduction Payment Agreements and Use Agreements. HUD uses the information to ensure that projects are maintained as low-income housing resources.
Owners of Seciton 236 projects that prepay their mortgages may request a continuation of interest reduction payments.
$6,328
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Kimberly Munson 202 708-1320
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.