Federal Housing Administration (FHA) Healthcare Facility Documents: Proposed Revisions and Updates and Notice of Information Collection

 
CONTENT

Federal Register, Volume 77 Issue 86 (Thursday, May 3, 2012)

Federal Register Volume 77, Number 86 (Thursday, May 3, 2012)

Notices

Pages 26304-26314

From the Federal Register Online via the Government Printing Office www.gpo.gov

FR Doc No: 2012-10687

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Docket Number FR-5623-N-01

Federal Housing Administration (FHA) Healthcare Facility Documents: Proposed Revisions and Updates and Notice of Information Collection

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD.

ACTION: Notice.

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SUMMARY: Consistent with the Paperwork Reduction Act of 1995 (PRA), HUD is publishing for public comment a comprehensive set of closing and other documents used in connection with transactions involving healthcare facilities (excluding hospitals) that are insured pursuant to section 232 of the National Housing Act (Section 232). In addition to meeting PRA requirements, this notice seeks public comment for the purpose of enlisting input from the lending

Page 26305

industry and other interested parties in the development, updating, and adoption of a set of instruments (collectively, healthcare facility documents) that offer the requisite protection to all parties in these FHA-insured mortgage transactions, consistent with modern real estate and mortgage lending laws and practices. The healthcare facility documents, which are the subject of this notice, can be viewed on HUD's Web site: www.hud.gov/232forms. HUD is also publishing today a proposed rule that will submit for public comment certain revisions to FHA's Section 232 regulations for the purpose of ensuring consistency between the program regulations and the revised healthcare facility documents.

DATES: Comment Due Date: July 2, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding this proposed rule. Communications must refer to the above docket number and title. There are two methods for submitting public comments:

  1. Submission of Comments by Mail. Comments may be submitted by mail to the Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 7th Street SW., Room 10276, Washington, DC 20410-0500.

  2. Electronic Submission of Comments. Comments may be submitted electronically through the Federal eRulemaking Portal at www.regulations.gov. HUD strongly encourages commenters to submit comments electronically. Electronic submission of comments allows the commenter maximum time to prepare and submit a comment, ensures timely receipt by HUD, and enables HUD to make them immediately available to the public. Comments submitted electronically through the www.regulations.gov Web site can be viewed by other commenters and interested members of the public. Commenters should follow the instructions provided on that site to submit comments electronically.

Note: To receive consideration as public comments, comments must be submitted through one of the two methods specified above. Again, all submissions must refer to the docket number and title of the rule.

No Facsimile Comments. Facsimile (fax) comments are not acceptable.

Public Inspection of Public Comments. All properly submitted comments and communications submitted to HUD will be available for public inspection and copying between 8 a.m. and 5 p.m. weekdays at the above address. Due to security measures at the HUD Headquarters building, an appointment to review the public comments must be scheduled in advance by calling the Regulations Division at 202-708-

3055 (this is not a toll-free number). Individuals with speech or hearing impairments may access this number via TTY by calling the Federal Relay Service at 800-877-8339. Copies of all comments submitted are available for inspection and downloading at www.regulations.gov.

FOR FURTHER INFORMATION CONTACT: For policy questions contact: John M. Hartung, Director, Policy and Risk Management Division, Office of Residential Care Facilities, Office of Healthcare Programs, Office of Housing, U.S. Department of Housing and Urban Development, 1222 Spruce Street, Room 3.203, St. Louis, MO 63103-2836; telephone (314) 418-5238 (this is not a toll-free number). Persons with hearing or speech disabilities may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.

For legal questions contact: Millie Potts, Acting Associate General Counsel, Office of the General Counsel, Room 9230, Department of Housing and Urban Development, 451 Seventh Street SW., Washington, DC 20410-0500; telephone (202) 708-1274 (this is not a toll-free number). Persons with hearing or speech disabilities may access this number through TTY by calling the toll-free Federal Information Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION:

  1. Background and Overview

    The issuance of this notice is modeled on the public review and input process that HUD utilized in the updating of its multifamily rental project closing documents. On May 2, 2011, at 76 FR 24363, HUD published a notice announcing HUD's completion of the updates to the multifamily rental project closing documents. The update of HUD's multifamily rental project closing documents involved substantial review of proposed changes to those documents and the opportunity for considerable public comment. Building on the experience of that process, including the changes made to the multifamily rental project closing documents, HUD has revised its healthcare facility documents to utilize, as appropriate, the updated multifamily documents while also developing standardized healthcare facility-specific documents as necessary. This notice solicits comments on this revised set of healthcare facility documents.

    The revised healthcare facility documents can be viewed at: www.hud.gov/232forms. All of the documents that are the subject of this notice are listed in the Paperwork Reduction Act table found in Section III of this notice. Where healthcare facility documents are based on updated multifamily rental project closing documents, the healthcare facility documents, in addition to being presented in an unmarked format, are presented in redline/strikeout format so that the reviewer can see the changes proposed to be made to the multifamily rental project closing documents in order to make the documents applicable to healthcare facility transactions. Where proposed healthcare facility documents are based on existing healthcare facility documents, the proposed healthcare facility documents, in addition to being presented in an unmarked format, are also presented in redline/strikeout format so that the reviewer can see the changes proposed to the existing healthcare facility documents. Summaries of the major changes to some of the principal documents follow. Where capitalized terms are used, such terms refer to the titles of documents or defined terms in the documents.

    The requirements for commitment and endorsement of a mortgage note are provided in HUD's regulations primarily at 24 CFR part 200, subpart A; 24 CFR part 232, and including, in particular, cross-references to general eligibility requirements for the FHA multifamily housing insurance programs in 24 CFR part 207. HUD's regulations provide that where specific documents are referenced in the regulations such documents shall be in a form as prescribed by HUD. The regulations also specify other program requirements that are reflected in the proposed documents. In order to ensure consistency between applicable program regulations and the proposed updated documents, revisions to certain of these regulations will be the subject of a proposed rule that HUD will soon be publishing.

  2. Summary of Changes to Selected HUD Healthcare Facility Documents

    As detailed more fully below, the overall contractual framework, as set forth in the proposed revised documents, clarifies current policies, and strengthens HUD's oversight. For example, although HUD has always taken the position that an operator, like a borrower, would be subject to regulatory restrictions pursuant to the transaction's regulatory agreements, the revised documents clarify this policy and set forth more specific regulatory restrictions. The revised documents

    Page 26306

    propose to: maintain operators' currently broad discretion over the use of project funds, provided that quarterly and year-to-date financial reports demonstrate that the healthcare facility is maintaining sufficient working capital; give borrowers greater flexibility in the use of project funds, provided that semi-annual calculations demonstrate positive surplus cash; increase a healthcare facility's ability to weather financial downturns with a debt service reserve; expand information sharing with lenders; clarify requirements for multiple facility portfolios and master lease structures; update terms and standardize provisions across the nation. Although a summary of the revised provisions follows below, HUD encourages interested parties to review the proposed form documents, posted on its Web site at: www.hud.gov/232forms.

    Regulatory Agreements. The healthcare regulatory agreements are based on the Regulatory Agreement for Multifamily Projects, with three specific regulatory agreements proposed: (1) A borrower's regulatory agreement; (2) an operator's regulatory agreement; and for use where applicable, (3) a master tenant's regulatory agreement. The agreements are proposed to apply to multiple potential deal structures. For example, the operator's regulatory agreement will apply to any operator, whether such operator is a lessee or an operator pursuant to some other contractual arrangement; the borrower's regulatory agreement will apply whether or not the borrower is also the operator, and whether the borrower's operator leases the healthcare facility or operates the facility pursuant to some other contractual arrangement. Borrowers who also operate the healthcare facility will execute both the borrower's and the operator's regulatory agreements.

    Substantively, the regulatory agreements provide, without limitation, that: the healthcare facility shall only be used for approved uses and maintained in decent, safe, sanitary condition and good repair; borrowers must maintain a debt service reserve; borrowers may take distributions of project funds so long as semi-annual calculations demonstrate positive surplus cash; non-profit borrowers must maintain residual receipt accounts; project records must be adequately maintained and kept available for inspection; borrowers must submit audited annual financial statements; operators must submit quarterly and year-to-date financial statements; copies of certain notices, reports, surveys and other correspondence relating to the permits and approvals necessary to operate the healthcare facility must be provided to HUD and Lender; HUD's consent must be obtained prior to any change in the operator or management agent; if the healthcare facility's financial or operational viability is at risk, HUD may require the operator to engage an operational consultant; and HUD may terminate an operator's, master tenant's, or sublessee's rights to operate the healthcare facility upon an uncured default.

    Management Certification. HUD also invites comments regarding a newly created management certification (``Management Agent's and Owner's or Operator's Certification for Residential Care Facilities for Identity-of-Interest or Independent Management Agents''). HUD recognizes that in most instances the licensed operator, through a contractual relationship with the owner, handles the management activities of the facility. Sometimes, however, that operator (or even the owner itself as the licensed operator) contracts with another entity (``management agent'') to handle some management activities. HUD has determined that, in those instances, it is important that the management agent execute a controlling document whereby it makes key certifications/commitments directly to HUD, and through which HUD can directly pursue remedies in the event of noncompliance.

    Security Instrument and Security Agreements. The borrower, operator, and, if applicable, master tenant, all provide collateral to the lender as security for the loan. Operators and master tenants provide Uniform Commercial Code (UCC) collateral through security agreements; borrowers provide their interests in both UCC property and real property. Based on the revised multifamily security instrument, the borrower's security instrument is set up with alternative language that can be used as applicable in states where mortgages, deeds of trust, security deeds, or other instrument forms are used. State-

    specific addenda may be developed by HUD field counsel as required for the various jurisdictions and may need to be appended, comparable to the approach taken in the multifamily rental documents. Collectively, the borrower's security instrument and operator's and master tenant's security agreements provide the lender with security for the loan in all project-related assets. These security documents also incorporate the regulatory agreements and give the lenders rights to enforce the borrower's promises to provide lender with appropriate notices, correspondence, and other applicable reports. In addition to these security documents, borrowers and/or operators, as applicable, will be required to execute form deposit account control agreements, and related documents, to adequately perfect the lender's security interests in the project accounts. Where accounts receivable financing is utilized, the revised form intercreditor agreement sets forth the terms pursuant to which an accounts receivable lender's interest may take priority over the HUD-insured lender's interests.

    Healthcare Facility Note. The substantive provisions of the promissory note used for the healthcare facility transactions have not been substantially revised, but the form of note has been revised, adopting the revised multifamily note form. The loan remains a non-

    recourse loan, as set forth in the note. The borrower's personal assets are not at risk for the repayment of the loan. However, as with the multifamily note posted on HUD's Web site on May 2, 2011, to the extent an individual commits fraud, steals funds from the project, or is otherwise unjustly enriched through improper use of project funds, HUD will pursue recovery of such funds, and certain controlling entities and individuals will be asked to sign the regulatory agreement in acknowledgement of such potential liability.

    Master Lease documents. As multi-facility portfolio transactions increase in occurrence, the master lease structure is increasingly utilized. In response to this trend, HUD proposes several form documents to be used in master lease structured transactions. The documents proposed include an Addendum to the master lease which includes provisions protecting the Lender and HUD's interests, a Master Tenant Security Agreement, a Master Tenant Regulatory Agreement, a Subordination Agreement or Subordination Non-Disturbance Agreement, and a Cross-Default Guaranty of Subtenants. The master lease structure allows for any rental deficiencies at one facility to be supported by income from another facility under the master lease. It is important to note that a master lease does not pool the assets of all facilities for underwriting a single mortgage loan for multiple facilities. Each individual loan must meet HUD's underwriting standards on its own merit.

    Definitions. Several definitions have been clarified throughout the documents, and several new terms have been added. The terms ``Borrower,'' ``Lender,'' and ``Operator,'' have been added and apply when referencing the respective concepts of borrower/owner/

    Page 26307

    mortgagor/lessor, lender/mortgagee, and operator/lessee/sub-lessee/sub-

    tenant. Based on the multifamily concept, the term ``Mortgaged Property'' refers to all of the borrower's interests in any aspect of the project, and includes concepts and interests specific to healthcare programs. Although ``Mortgaged Property'' relates only to the Borrower's interests in the project, the operator's interests in project-related assets are separately conveyed as collateral through the operator's security agreement. In order to capture all of borrowers' and operators' interests and assets related to the development and operation of the healthcare facility, including those that, in the strictest legal interpretations may not be a part of the healthcare facility itself, the terms ``Healthcare Facility'' and ``Project'' have been set forth as very closely related but distinct concepts: ``Project'' has been defined as ``any and all assets of whatever nature or wherever situated related to the Loan, including without limitation, the Mortgaged Property, any Improvements, and any collateral owned by operators securing the Loan;'' whereas ``Healthcare Facility'' has been defined as ``any portions of the Project (both tangible, and intangible), operated on the Land as a Nursing Home, Intermediate Care Facility, Board and Care Home, Assisting Living Facility or any other healthcare facility authorized to receive mortgage insurance pursuant to Section 232 of the National Housing Act, as amended, or other applicable federal law.'' Several other definitions have been revised, added, or deleted, as appropriate.

    Finally, a decision was made to adopt more consistency in the numbering system for the program documents, e.g. HUD Form 9XXXX-OHP. Greater consistency should reduce confusion because the documents will appear in the same group wherever HUD publishes the documents, e.g. HUDCLIPS at http://www.hud.gov/hudclips.

  3. Paperwork Reduction Act

    The proposed new information collection requirements contained in this notice have been submitted to the Office of Management and Budget (OMB) for review under the Paperwork Reduction Act of 1995 (44 U.S.C. 3501- 3520). Under this Act, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection displays a valid control number. The public reporting burden for this new collection of information is estimated to include the time for reviewing the instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Information on the estimated public reporting burden is provided in the following table:

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    Avg. burden Annual Avg. hourly

    New form number Form name Number of Freq. of Resp. per per hour burden cost per Annual cost

    respondents resp. annum per resp. hours resp.

    --------------------------------------------------------------------------------------------------------------------------------------------------------

    HUD-901-OHP......................... Firm Application 30 2.5 75 0.67 50 $62 $3,083

    Checklist Section 232--

    223a7 Refinance.

    HUD-902-OHP......................... Firm Application 30 7.5 225 0.83 188 62 11,563

    Checklist Section 232--

    223f Refinance.

    HUD-903-OHP......................... Firm Application 4 1 4 0.83 3 62 206

    Checklist Section 232--

    241a Supplemental Loan.

    HUD-904-OHP......................... Firm Application 10 2 20 1.17 23 62 1,439

    Checklist Section 232--

    New Construction--

    Single Stage.

    HUD-905a-OHP........................ Firm Application 10 2 20 0.67 13 62 822

    Checklist Section 232--

    New Construction--2

    Stage--Final Submittal.

    HUD-905-OHP......................... Firm Application 10 2 20 0.83 17 62 1,028

    Checklist Section 232--

    New Construction--2

    Stage--Initial

    Submittal.

    HUD-906-OHP......................... Firm Application 4 1 4 1.17 5 62 288

    Checklist Section 232--

    Substantial

    Rehabilitation--Single

    Stage.

    HUD-907-OHP......................... Firm Application 4 1 4 0.83 3 62 206

    Checklist Section 232--

    Substantial

    Rehabilitation--2

    Stage--Initial

    Submittal.

    HUD-907a-OHP........................ Firm Application 4 1 4 0.83 3 62 206

    Checklist Section 232--

    Substantial

    Rehabilitation--2

    Stage--Final Submittal.

    HUD-908-OHP......................... Firm Application 4 1 4 0.83 3 62 206

    Checklist Section 232--

    Blended Rate--Single

    Stage.

    Page 26308

    HUD-909-OHP......................... Firm Application 5 2 10 0.67 7 62 411

    Checklist Section 232--

    232(i)--Fire Safety

    Protection Loan for

    Projects Not Currently

    Insured.

    HUD-9010-OHP........................ Firm Application 5 2 10 0.67 7 62 411

    Checklist Section 232--

    232(i)--Fire Safety

    Protection Loan for

    Projects Currently

    Insured.

    HUD-9011-OHP........................ Firm Application 1 2 2 0.67 1 62 82

    Checklist Section 232--

    223(d)--Operating Loss

    Loan.

    HUD-9012-OHP........................ Post-Commitment Early 7 1 7 0.50 4 62 216

    Start of Construction

    Checklist.

    HUD-9001-OHP........................ Lender Narrative 223a7-- 30 2.5 75 22.00 1650 75 123,750

    Main.

    HUD-9001a-OHP....................... Lender Narrative 223a7-- 30 2.5 75 1.50 113 75 8,438

    Addenda--PCNA.

    HUD-9001b-OHP....................... Lender Narrative 30 2.5 75 0.25 19 75 1,406

    223a7.223d.232i--Adden

    da--Survey.

    HUD-9001c-OHP....................... Lender Narrative 223a7-- 30 2.5 75 0.25 19 75 1,406

    Addenda--4128.

    HUD-9001d-OHP....................... Lender Narrative 223a7-- 30 2.5 75 0.25 19 75 1,406

    Addenda--Indebtedness.

    HUD-9001e-OHP....................... Lender Narrative 30 2.5 75 0.50 38 75 2,813

    223a7.223d.232i--Adden

    da--Principal of

    Mortgagor.

    HUD-9001f-OHP....................... Lender Narrative 20 2.5 50 0.50 25 75 1,875

    223a7.223d.232i--Adden

    da--Operator.

    HUD-9001g-OHP....................... Lender Narrative 12 2.5 30 0.50 15 75 1,125

    223a7.223d.232i--Adden

    da--Management Agent.

    HUD-9001h-OHP....................... Lender Narrative 30 2.5 75 0.50 38 75 2,813

    223a7.223d.232i--Adden

    da--Operating Lease.

    HUD-9001i-OHP....................... Lender Narrative 30 2.5 75 0.25 19 75 1,406

    223a7.223d.232i--Adden

    da--Management

    Agreement.

    HUD-9001j-OHP....................... Lender Narrative 15 2.5 37.5 0.50 19 75 1,406

    223a7.223d--Addenda--A

    R Financing.

    HUD-9002-OHP........................ Lender Narrative 223f.. 30 7.5 225 70.00 15750 75 1,181,250

    HUD-9003-OHP........................ Lender Narrative 241a-- 4 1 4 73.33 293 75 22,000

    Main.

    HUD-9003a-OHP....................... Lender Narrative 241a-- 4 1 4 4.00 16 75 1,200

    Addenda--Phase 1

    Environmental.

    HUD-9004-OHP........................ Lender Narrative New 10 2 20 86.67 1733 75 130,000

    Construction--Single

    Stage.

    HUD-9005a-OHP....................... Lender Narrative New 10 2 20 53.33 1067 75 80,000

    Construction 2 Stage

    Final Submittal.

    HUD-9005-OHP........................ Lender Narrative New 10 2 20 63.33 1267 75 95,000

    Construction 2 Stage

    Initial Submittal.

    Page 26309

    HUD-9006-OHP........................ Lender Narrative 4 1 4 93.33 373 75 28,000

    Substantial

    Rehabilitation--Single

    Stage.

    HUD-9007-OHP........................ Lender Narrative 4 1 4 70.00 280 75 21,000

    Substantial

    Rehabilitation 2 Stage

    Initial Submittal.

    HUD-9007a-OHP....................... Lender Narrative 4 1 4 70.00 280 75 21,000

    Substantial

    Rehabilitation 2 Stage

    Final Submittal.

    HUD-9008-OHP........................ Lender Narrative-- 4 1 4 70.00 280 62 17,267

    Blended Rate.

    HUD-9009-OHP........................ Lender Narrative 232(i) 5 2 10 0.67 7 62 411

    Not Currently Insured.

    HUD-90010-OHP....................... Lender Narrative 232(i) 5 2 10 0.67 7 62 411

    Currently Insured.

    HUD-90011-OHP....................... Lender Narrative 1 2 2 0.67 1 62 82

    223(d)--Main.

    HUD-9444-OHP........................ Lender Narrative Cost 2 2 4 6.67 27 75 2,000

    Certification

    Supplement.

    HUD-90001-OHP....................... Firm Commitment--223a7. 30 2.5 75 0.42 31 83 2,604

    HUD-90002-OHP....................... Firm Commitment--223f.. 30 7.5 225 0.42 94 83 7,813

    HUD-90003a-OHP...................... Firm Commitment--New 12 2 24 0.42 10 83 833

    Construction or

    Substantial

    Rehabilitation--2

    Stage--Final Submittal

    (Amended and Restated).

    HUD-90003-OHP....................... Firm Commitment--New 12 2 24 0.42 10 83 833

    Construction or

    Substantial

    Rehabilitation--2

    Stage--Initial

    Submittal.

    HUD-90004-OHP....................... Firm Commitment--New 12 2 24 0.42 10 83 833

    Construction or

    Substantial

    Rehabilitation--Single

    Stage.

    HUD-90005-OHP....................... Firm Commitment--241a.. 12 2 24 0.42 10 83 833

    HUD-90006-OHP....................... Firm Commitment--232(i) 5 2 10 0.67 7 62 411

    HUD-90007-OHP....................... Firm Commitment--223(d) 1 2 2 0.67 1 62 82

    HUD-90012-OHP....................... Consolidated 30 2.5 75 0.58 44 67 2,917

    Certification--Lender.

    HUD-90013-OHP....................... Consolidated 77 1 77 1.33 103 75 7,700

    Certification--Mortgag

    or.

    HUD-90014-OHP....................... Consolidated 38 2 76 1.33 101 75 7,600

    Certification--Princip

    al of the Mortgagor.

    HUD-90015-OHP....................... Consolidated 35 2 70 1.33 93 75 7,000

    Certification--Operato

    r.

    HUD-90016-OHP....................... Consolidated 35 2 70 1.33 93 75 7,000

    Certification--Parent

    of Operator.

    HUD-90017-OHP....................... Consolidated 35 2 70 1.33 93 75 7,000

    Certification--Managem

    ent Agent.

    Page 26310

    HUD-90018-OHP....................... Consolidated 4 1 4 1.33 5 75 400

    Certification--Contrac

    tors.

    HUD-90019-OHP....................... Auditor Certification 3 1 3 0.58 2 67 117

    223d.

    HUD-90021-OHP....................... Certification FHA 35 10 350 0.28 99 83 8,264

    Retyped Forms.

    HUD-90022-OHP....................... Certification for 35 10 350 0.28 99 67 6,611

    Electronic Submittal.

    HUD-9445-OHP........................ Certification of 35 10 350 1.25 438 83 36,458

    Outstanding

    Obligations.

    HUD-91118-OHP....................... Owner's Certification-- 240 1 240 0.58 140 75 10,500

    Completion of Critical

    Repairs.

    HUD-92434-OHP....................... Lender Certification... 35 10 350 0.75 263 75 19,688

    HUD-91130-OHP....................... Building Code 26 2 52 0.33 17 83 1,444

    Certification.

    HUD-91131-OHP....................... Zoning Certification... 30 11.7 351 0.67 234 75 17,550

    HUD-91123-OHP....................... Design Professional's 26 2 52 0.33 17 83 1,444

    Certification of

    Liability Insurance.

    HUD-91124-OHP....................... Design Architect 26 2 52 0.33 17 83 1,444

    Certification.

    HUD-91127-OHP....................... Financial Statement 26 2 52 0.37 19 67 1,271

    Certification GC.

    HUD-92408-OHP....................... HUD Amendment to B108.. 26 2 52 0.28 15 75 1,105

    HUD-95379-OHP....................... HUD Representative's 26 28 728 0.83 607 75 45,500

    Trip Report.

    HUD-91129-OHP....................... Lender Certification 10 5.2 52 3.33 173 75 13,000

    for New Construction

    Cost Certifications.

    HUD-9441-OHP........................ Lenders Preconstruction 10 5 50 4.67 233 75 17,500

    Conference Agenda.

    HUD-9442-OHP........................ Memo for Post- 3 2 6 0.70 4 75 315

    Commitment Early Start

    of Construction

    Request.

    HUD-92415-OHP....................... Request for Permission 3 2 6 0.30 2 83 150

    to Commence

    Construction Prior to

    Initial Endorsement

    for Mortgage Insurance

    (Post-Commitment Early

    Start of Construction).

    HUD-93305-OHP....................... Agreement and 10 5.2 52 0.50 26 75 1,950

    Certification.

    HUD-92441-OHP....................... Building Loan Agreement 10 5.2 52 1.00 52 75 3,900

    HUD-92441a-OHP...................... Building Loan Agreement 10 5.2 52 1.00 52 75 3,900

    Supplemental.

    HUD-92450-OHP....................... Completion Assurance... 10 5.2 52 0.50 26 75 1,950

    HUD-92442-OHP....................... Construction Contract.. 10 5.2 52 1.00 52 75 3,900

    Page 26311

    HUD-92554-OHP....................... Construction Contract 10 5.2 52 0.20 10 217 2,253

    Supplemental.

    HUD-92456-OHP....................... Escrow Agreement for 3 2 6 0.50 3 75 225

    Incomplete

    Construction.

    HUD-92479-OHP....................... Offsite Bond........... 5 3 15 0.50 8 75 563

    HUD-92452A-OHP...................... Payment Bond........... 5 5.2 26 0.50 13 75 975

    HUD-92452-OHP....................... Performance bond Dual 5 5.2 26 0.50 13 217 2,817

    Obligee.

    HUD-92455-OHP....................... Request for Endorsement 10 5.2 52 0.75 39 75 2,925

    HUD-92023-OHP....................... Request for Final 10 5.2 52 1.00 52 75 3,900

    Endorsement.

    HUD-92477-OHP....................... Sponsors Bond.......... 1 1 1 0.50 1 75 38

    HUD-92412-OHP....................... Working Capital Escrow. 10 5.2 52 0.50 26 75 1,950

    HUD-91125-OHP....................... Staffing Schedule...... 30 5.83 175 1.00 175 62 10,792

    HUD-91708-OHP....................... Agreement for Payment 1 1 1 0.67 1 83 56

    of Real Property Taxes.

    HUD-92576A-OHP...................... Certificate of Need for 3 2 6 0.30 2 83 150

    Health Facility.

    HUD-90023-OHP....................... Check Transmittal 30 11.7 351 0.28 99 62 6,133

    Letter Template.

    HUD-90024-OHP....................... Contact Sheet.......... 35 10 350 0.67 233 67 15,556

    HUD-91121-OHP....................... Deposit Account Control 30 5 150 3.67 550 217 119,167

    Agreement (DACA).

    HUD-91122-OHP....................... Deposit Account 30 5 150 3.50 525 217 113,925

    Instructions and

    Service Agreement

    (DAISA).

    HUD-91126-OHP....................... Financial Statement 150 7 1050 0.37 385 67 25,667

    Certification.

    HUD-92264-OHP....................... Healthcare Facility 26 2 52 41.33 2149 75 161,200

    Summary Appraisal

    Report.

    HUD-91116-OHP....................... Addendum to Operating 30 6.5 195 0.50 98 217 21,125

    Lease.

    HUD-941-OHP......................... Lenders FHA Number 30 11.7 351 0.37 129 62 7,937

    Request Form.

    HUD-92264a-OHP...................... Maximum Insurable 30 11.7 351 1.25 439 83 36562.5

    Mortgage.

    HUD-92477-OHP....................... Property Insurance 35 10 350 0.87 303 75 22,750

    Requirements.

    HUD-2-OHP........................... Request for Waiver of 20 8 160 1.00 160 75 12,000

    Housing Directive.

    HUD-91119-OHP....................... Schedule of Facilities 35 10 350 1.33 467 75 35,000

    Owned Operated or

    Managed.

    Page 26312

    HUD-91110-OHP....................... Subordination, Non- 30 11.7 351 2.33 819 233 191,100

    Disturbance and

    Attornment Agreement

    of Operating Lease

    (SNDA).

    HUD-91111-OHP....................... Survey Instructions and 180 1.5 270 0.53 144 83 12,000

    Owners Certification.

    HUD-91112-OHP....................... Request of Overpayment 15 5.13 76.95 0.50 38 67 2,565

    of Firm Application

    Exam Fee.

    HUD-9839-OHP........................ Management 5 1 5 0.50 3 75 188

    Certification--Residen

    tial Care Facility.

    HUD-92466-OHP....................... Regulatory Agreement-- 35 10 350 0.83 292 217 63,194

    Owner of Residential

    Care Facility.

    HUD-92466A-OHP...................... Regulatory Agreement-- 10 2 20 0.83 17 217 3,611

    Operator (non-lessee)

    of Residential Care

    Facility.

    HUD-94000-OHP....................... Security Instrument/ 35 10 350 1.00 350 217 75,833

    Mortgage/Deed of Trust.

    HUD-92070-OHP....................... Lease Addendum......... 2 1 2 0.50 1 217 217

    HUD-94001-OHP....................... Healthcare Facility 35 10 350 1.00 350 75 26,250

    Note.

    HUD-91710-OHP....................... Residual Receipts Note 5 2 10 0.50 5 75 375

    Non Profit Mortgagor.

    HUD-92420-OHP....................... Subordination Agreement 7 2 14 0.50 7 217 1,517

    HUD-9223-OHP........................ Surplus Cash Note...... 7 2 14 0.50 7 75 525

    HUD-91128-OHP....................... Initial Operating 11 5 55 1.25 69 83 5,729

    Deficit Escrow

    Calculation Template.

    HUD-92414-OHP....................... Latent Defects Escrow.. 20 12 240 0.50 120 75 9,000

    HUD-9443-OHP........................ Minor Moveable Escrow.. 26 2 52 0.92 48 83 3,972

    HUD-92476-OHP....................... Escrow Agreement 20 12 240 0.50 120 75 9,000

    Noncritical Deferred

    Repairs.

    HUD-92476A-OHP...................... Escrow Agreement 1 1 1 0.50 1 217 108

    Additional

    Contribution by

    Sponsors.

    HUD-92476B-OHP...................... Escrow Agreement for 12 4.8 57.6 0.50 29 75 2,160

    Operating Deficits.

    HUD-92464-OHP....................... Request Approval 35 15 525 1.00 525 75 39,375

    Advance of Escrow

    Funds.

    HUD-92266-OHP....................... Application for 25 2 50 1.17 58 83 4,861

    Transfer of Physical

    Assets (TPA).

    HUD-93331-OHP....................... Asset Management 25 2 50 1.17 58 83 4,861

    Submission Section 232

    Accounts Receivable

    Checklist.

    HUD-93332-OHP....................... Certification of 456 1 456 0.75 342 75 25,650

    Exigent Health &

    Safety (EH&S) Issues.

    HUD-93333-OHP....................... Certification Physical 208 1 208 0.50 104 83 8,667

    Condition in

    Compliance.

    Page 26313

    HUD-93486-OHP....................... Computation of Surplus 70 1 10 0.25 18 62 1,085

    Cash HUD 93486.

    HUD-9250-OHP........................ Funds Authorizations, 500 5.6 2800 1.00 2800 75 210,000

    HUD-9250.

    HUD-92114-OHP....................... Loan Modification 5 3 15 0.58 9 75 656

    Lender Submission

    Checklist.

    HUD-92228-OHP....................... Model Form Bill of Sale 20 2 40 0.67 27 83 2,222

    and Assignment.

    HUD-92115-OHP....................... Mortgagor Certification 15 2 30 1.00 30 75 2,250

    and Request Detail--

    Attach 1.

    HUD-92116-OHP....................... Modified Master Lease 15 2 30 1.00 30 75 2,250

    Checklist--Asset

    Management.

    HUD-92117-OHP....................... Owner's Certification-- 250 2 500 0.58 292 75 21,875

    Completion of Non-

    Critical Repairs.

    HUD-92417-OHP....................... Personal Financial and 175 6 1050 3.50 3675 83 306,250

    Credit Statement, form

    HUD-92417.

    HUD-92118-OHP....................... Partial Payment of 15 30 450 2.00 900 75 67,500

    Claim Model.

    HUD-93479-OHP....................... Schedule A Monthly 60 2 120 1.17 140 75 10,500

    Report for

    Establishing Net

    Income.

    HUD-93480-OHP....................... Schedule B Schedule of 60 12 720 1.00 720 75 54,000

    Disbursements.

    HUD-93481-OHP....................... Schedule C Schedule of 60 12 720 1.00 720 75 54,000

    Accounts Payable.

    HUD-92119-OHP....................... TPA Checklist (Full and 11 5 55 0.58 32 75 2,406

    Modified, Lessee

    Operator, Management

    Agent).

    HUD-90020-OHP....................... A/R Financing 50 3 150 0.67 100 217 21,667

    Certification.

    HUD-92321-OHP....................... Blocked Account 35 10 350 2.00 700 200 140,000

    Agreement.

    HUD-92322-OHP....................... Intercreditor Agreement 30 5 150 2.00 300 200 60,000

    (for AR Financed

    Projects).

    HUD-92323-OHP....................... Operator Security 30 6.5 195 2.00 390 200 78,000

    Agreement.

    HUD-92324-OHP....................... Rider to Intercreditor 30 5 150 2.00 300 200 60,000

    Agreement (for AR

    Financed Projects).

    HUD-92211-OHP....................... Master Lease Addendum.. 5 5 25 1.00 25 217 5,417

    HUD-92331-OHP....................... Subtenants Cross 30 5.83 175 1.00 175 217 37,895

    Guaranty.

    HUD-92333-OHP....................... Master Lease SNDA...... 30 5.83 175 1.00 175 217 37,895

    HUD-92334-OHP....................... Subordination 30 5.83 175 2.00 350 217 75,790

    Agreement--Operating

    Lease.

    HUD-92335-OHP....................... Master Tenants 30 5.83 175 1.00 175 217 37,895

    Attorneys Opinion.

    HUD-92337-OHP....................... Master Tenant 30 5.83 175 2.00 350 217 75,790

    Regulatory Agreement.

    Page 26314

    HUD-92339-OHP....................... Master Lease Estoppel 30 5.83 175 0.50 87 217 18,948

    Agreement.

    HUD-92340-OHP....................... Master Tenant Security 30 5.83 175 1.00 175 217 37,895

    Agreement.

    HUD-91117-OHP....................... Operator Estoppel 100 2 200 0.75 150 275 41,250

    Certificate.

    HUD-91725-INST-OHP.................. Counsels Opinion 35 10 350 2.00 700 217 151,667

    Instructions.

    HUD-91725-CERT-OHP.................. Opinion of Borrower's 35 10 350 2.00 700 217 151,667

    Counsel Certification--

    Exhibit A.

    HUD-91725-OHP....................... Guide for Opinion of 35 10 350 2.00 700 217 151,667

    Borrower's Counsel.

    HUD-92325-OHP....................... Guide for Opinion of 30 6.5 195 3.00 585 200 117,000

    Operator's Counsel and

    Certification.

    -------------------------------------------------------------------------------------------------------------------

    Totals.......................... ....................... 5115 708 23958 855 51,868 15,252 4,966,799

    --------------------------------------------------------------------------------------------------------------------------------------------------------

    In accordance with 5 CFR 1320.8(d)(1), HUD is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to:

    (1) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility;

    (2) Evaluate the accuracy of the agency's estimate of the burden of the proposed collection of information;

    (3) Enhance the quality, utility, and clarity of the information to be collected; and

    (4) Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated collection techniques or other forms of information technology, e.g., permitting electronic submission of responses.

    Interested persons are invited to submit comments regarding the information collection requirements in this proposal. Comments must be received by July 2, 2012. Comments must refer to the proposal by name and docket number (FR-5354-N-01) and must be sent to:

    HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503, Fax number: (202) 395-6947, and Colette Pollard, Office of the Chief Information Officer, Department of Housing and Urban Development, 451 Seventh Street SW., Room 4178, Washington, DC 20410.

  4. Solicitation of Public Comments

    HUD welcomes public comments from industry and other interested members of the public on this most recent issuance of revised documents, posted at: www.hud.gov/232forms.

    Dated: April 12, 2012.

    Carol J. Galante,

    Assistant Secretary for Housing--Federal Housing Commissioner.

    FR Doc. 2012-10687 Filed 5-2-12; 8:45 am

    BILLING CODE 4210-67-P