The ICR should be submitted in concurrence with the submission of the Final Rule to OMB for OMB review.
Inventory as of this Action
Requested
Previously Approved
36 Months From Approved
0
0
0
0
0
0
0
0
0
The information is being collected to ascertain compliance with regulatory and/or program requirements. (Acquisition price, rehabilitation cost, resale date, release of enforcement note, sale to eligible buyers, etc). The respondents are ACA participants. ACA participants are generally nonprofits and units of local governments.
PL:
Pub.L. 105 - 276 602
Name of Law: Department of Veteran's Affairs and HUD and Independent Agencies Appropriations Act
The purpose of the program is to make HUD-owned single family homes and formerly insured mortgages on single family properties, referred to as Âeligible assets, available for sale in a manner that promotes the revitalization, through expanded homeownership opportunities, of revitalization areas. Under the statute, an eligible purchaser (nonprofit or unit of local government) makes a commitment to purchase categories of single family assets in a specific area, known as an asset control area (ACA) where there is need for increased homeownership opportunities.
$80,883
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Sandy Krems 202 708-2676
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.
ICR 2502-ACA.doc
Single Family Housing--Disposition of HUD-Owned Single Family Assets in Asset Control Areas