HUD explained the number of burden hours increased because of the increased time it takes to explain expense line items (30-minutes) and utility allowance processing (15-minutes) for rent increase requests.
Inventory as of this Action
Requested
Previously Approved
12/31/2014
36 Months From Approved
12/31/2011
11,570
0
12,218
49,173
0
61,090
0
0
0
Owners of certain cooperative and subsidized rental projects are required to submit a Budget Worksheet when requesting rent increases. HUD Field Office's review and evaluate the amount and reasonableness of the requested increase.
"There are no program changes since the last request for approval of this information collection. The number of burden hours increased because of the increased time it takes to explain expense line items (30-minutes) and utility allowance processing (15-minutes) for rent increase requests."
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.