This collection is necessary for HUD to ensure that all properties owned by potential purchasers are in compliance with the state and local housing codes that are in the same locality as the project to be purchased.
The reduction in the number of responses results from a program change. HUD no longer holds projects after foreclosure longer than a day or so; therefore, the HUD-owned inventory drastically decreased since the last submission.
Estimated Number of Respondents (Insured Inventory) reflects the number of properties in HUDÂs inventory that will only be affected if they go into foreclosure or become HUD-Held. The possibility of receiving 14,758 respondents in one year would mean all of HUDÂs insured portfolio would fail , which would be extremely rare .
$42
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Angie Scott Hamilton 2024022601
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.