Notice of Submission of Proposed Information Collection to OMB; Multifamily Project Applications and Construction Prior to Initial Endorsement

Zusammenfassung

The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. Information provided is the application for HUD/FHA multifamily mortgage insurance. The information from sponsors and general contractors, and submitted by a HUD-approved mortgage, is needed to determine project feasibility, mortgagor/contractor acceptability, and construction cost. Documentation from operators/manager of health care facilities is also Required as part of the application for firm commitment or mortgage insurance. Project owners/sponsors may apply for permission to commence construction prior to initial endorsement.