Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark to Market)
Reinstatement without change of a previously approved collection
No
Regular
12/17/2024
Requested
Previously Approved
36 Months From Approved
95,460
0
2,079
0
0
0
Information to analyze and reduce rents to market and restructure mortgages on multifamily properties with FHA insurance and Section 8 project-based assistance whose Section 8 rents exceed market rents. The program reduces section 8 rents to market rents. The program reduces Section 8 rents to market and restructures debt as necessary.
This is a reinstatement, with change, of previously approved collection for which approval has expired. Forms were updated and added for Post-Mark-to-Market (PM2M) per the publishing of new Notice H 2021-02, âGuidelines for Certain HUD Approvals Regarding Properties Encumbered by HUD-Held Mark-to-Market Program Debt and Portfolio Reengineering Demonstration Program Debt.â
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.