There are two project approval processing options available â the HUD Review and Approval Process (HRAP) or the Direct Endorsement Lender Review and Approval Process (DELRAP). Condominium project approval packages are submitted, processed and reviewed under one of the available options to determine eligibility of projects for insurance of a single unit condominium to be under an FHA mortgage. Condominiums have complex legal, financial and other documents that require review to assure FHA that the condominium project is stable with the expectation that the status will remain unchanged.
EO: EO 13878 Name/Subject of EO: Establishing a White House Council on Eliminating Regulatory Barriers to Affordable Housing
The change in the total burden hours and an increase of approximately 55 minutes. The change in the total burden hours estimate is due to the increase in the burden hours for Form HUD-92541 (OMB 2502-0496) Builders Certification of Plans, Specifications and Form HUD-92544 (OMB 2502-0059) Warranty of Completion of Construction. Significant changes were made to shorten the Form HUD-9991 and Form HUD-9992 and make them more user-friendly in response to public comments from the 60-Day Notice.
$1,034,865
No
No
No
Yes
No
No
No
Kristen Stierwalt-Huff 202 402-4352
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.