Notice of Submission of Proposed Information Collection to OMB; Eligibility of a Nonprofit Corporation/Housing Consultant Certification

Résumé

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. Nonprofit organizations provide financial and other information so that HUD can determine that the sponsor and/or mortgagor is truly a nonprofit and demonstrates probably success in project development and continuing operation. A Housing Consultant hired by the nonprofit certifies to HUD that he/she has no other financial interest in the project and has no conflict of interest. The general contractor, subcontractors, equipment lessees, material and other suppliers, and management of the project certify to any direct or indirect contractual relationship they have with the sponsor or the mortgagor. HUD uses this information to assure compliance with regulations.