OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

NOT-149251-11 (Notice 2011-XX) Iowa Low-Income Housing Credit Disaster Relief

ICR 201112-1545-004 · OMB 1545-2223 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Iowa 2011 Disaster Relief Notice (2).doc Supplementary Document Uploaded 2011-12-02 Available
iowa Iowa 2011 Disaster Relief Notice Supporting Statement (2).doc Supporting Statement A Uploaded 2011-12-02 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
200313 NOT-149251-11 (Notice 2011-XX) Iowa Low-Income Housing Credit Disaster Relief New
ICR Details
1545-2223 201112-1545-004
Historical Active
TREAS/IRS ah-XXXX-004
NOT-149251-11 (Notice 2011-XX) Iowa Low-Income Housing Credit Disaster Relief
New collection (Request for a new OMB Control Number)   No
Emergency 12/08/2011
Approved without change 12/20/2011
Retrieve Notice of Action (NOA) 12/05/2011
  Inventory as of this Action Requested Previously Approved
06/30/2012 6 Months From Approved
500 0 0
125 0 0
0 0 0
This notice provides guidance to Iowa housing credit agencies 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 flooding in Iowa.
The notice is effective notice is effective June 27, 2011 (the date of the President’s major disaster declaration for devastation caused by flooding during the period of May 25, 2011 to August 1, 2011). Displaced and homeless individuals, property owners, and the Iowa Finance Authority urgently need the guidance in this notice. On October 18, 2011, the Federal Emergency Management Agency (FEMA) designated jurisdictions for Individual Assistance resulting from the flooding during the period of May 25, 2011 to August 1, 2011. The state has informed us that there are quite a number of families who need the shelter this notice will provide.
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-149251-11 (Notice 2011-XX) Iowa 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 500 0 0 500 0 0
Annual Time Burden (Hours) 125 0 0 125 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
This is a new collection. The information will be used to enable the Service and the Iowa housing credit agencies to verify whether displaced individuals warrant temporary housing in vacant low-income housing credit projects in accordance with existing requirements under section 42 of the Internal Revenue Code. This results in a burden increase of 125 total 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.
12/05/2011