Federal Register #2577-0265

HUD Requests Public Comment on Information Collection for Public Housing Mortgage Program and Section 30

HUD is seeking public input on its proposed information collection for the Public Housing Mortgage Program and Section 30. - Government Buyer: - Department of Housing and Urban Development (HUD) - Office of Public and Indian Housing - Purpose: - Collect information from Public Housing Agencies (PHAs) to approve mortgaging of public housing property or granting security interests for financing modernization or development of low-income housing - Documentation Required from PHAs: - Cover letters - Financing term sheets - Debt service schedules - Sources and uses statements - Construction cash flow schedules - Commitment letters - Fairness opinions - Title reports - Appraisals - Loan/bond documents - Legal opinions - Board resolutions - PHMP proposals - Quarterly reports - No OEMs or vendors are specified, as this is an information collection notice, not a procurement of products or services - HUD is requesting public comments on the necessity, accuracy, and burden of the proposed collection process - This is part of the Paperwork Reduction Act public comment process - Place of performance and contracting office: HUD Headquarters, 451 7th Street SW, Washington, DC 20410

Description

The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for the information collection related to the Public Housing Mortgage Program and Section 30. This program authorizes public housing agencies (PHAs) to mortgage public housing real property or grant a security interest in tangible personal property to secure loans or financing for modernization or development of low-income housing. PHAs must provide specific documentation to HUD for approval to grant such mortgages or security interests. The notice invites public comments on the proposed information collection for 60 days.

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