OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

NOT-141829-11 (2011-XX), New York Low-Income Housing Credit Disaster Relief

ICR 201110-1545-051 · OMB 1545-2220 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
New York Disaster Relief Notice (10-06-2011.doc Supplementary Document Uploaded 2011-10-18 Repair queued
New York Disaster Relief Notice 2011 83-I Supporting Statement.doc Supporting Statement A Uploaded 2011-10-18 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
199767 NOT-141829-11 (2011-XX), New York Low-Income Housing Credit Disaster Relief New
ICR Details
1545-2220 201110-1545-051
Historical Active
TREAS/IRS ah-xxxx-051
NOT-141829-11 (2011-XX), New York Low-Income Housing Credit Disaster Relief
New collection (Request for a new OMB Control Number)   No
Emergency 10/18/2011
Approved without change 10/18/2011
Retrieve Notice of Action (NOA) 10/18/2011
  Inventory as of this Action Requested Previously Approved
04/30/2012 6 Months From Approved
1,200 0 0
300 0 0
0 0 0
The Internal Revenue Service is suspending certain requirements under § 42 of the Internal Revenue Code for low-income housing credit projects to provide emergency housing relief needed as a result of the devastation in New York caused by either Hurricane Irene during the period of August 26, 2011 to September 5, 2011, or the remnants of Tropical Storm Lee during the period of September 7, 2011 to September 11, 2011.
This notice is effective August 31, 2011 (the date of the President’s major disaster declaration) for devastation caused by Hurricane Irene in Pennsylvania during the period of August 26, 2011 to September 5, 2011. This notice is effective September 13, 2011 (the date of the President’s major disaster declaration) for devastation caused by the remnants of Tropical Storm Lee in New York during the period of September 7, 2011 to September 11, 2011. Displaced and homeless individuals, property owners, and the New York State Homes and Community Renewal Agency urgently need the guidance in this notice.
US Code: 26 USC 42 Name of Law: Low income housing credit
  
None
Not associated with rulemaking
No
1
IC Title Form No. Form Name
NOT-141829-11 (2011-XX), New York Low-Income Housing Credit Disaster Relief
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,200 0 0 1,200 0 0
Annual Time Burden (Hours) 300 0 0 300 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
This notice provides guidance to the New York State Homes and Community Renewal Agency regarding the suspension of certain income limitation requirements under section 42 of the Internal Revenue Code for certain low-income housing tax credit properties as a result of the devastation caused by Hurricane Irene or the remnants of Tropical Storm Lee in New York. It results in a net burden increase of 300 hours.
$0
No
No
No
No
No
Uncollected
David Selig 202 622-3040
  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.
10/18/2011