This collection is given a two-year approval, and HUD shall report on its use of e-signatures prior to the next submission.
Inventory as of this Action
Requested
Previously Approved
12/31/2015
36 Months From Approved
12/31/2013
22,296
0
15,600
133,776
0
93,600
0
0
0
Contractor's monthly application for distribution of insured mortgage proceeds for construction costs. Multifamily Hub Centers ensure that work is actually completed satisfactorily. The prevailing wages certification ensures compliance with prevailing wage rate.
US Code:
12 USC 1713
Name of Law: Rental Housing Insurance
US Code:
12 USC 1715c
Name of Law: Labor Standards
The increased numbers are a direct reflection of the economy and the fact that HUD is a major resource available in the housing industry therefore the result is more loans insured.
$5,484,816
No
No
No
No
No
Uncollected
Sylvia Chatman 2027080614 ext. 2994
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.