Misuse of Federal Information through the HUD web site falls under the provisions of title 18,
United States Code, Section 1030. This law specifies penalties for exceeding authorized access,
alterations, damage, or destruction of information residing on Federal Computers.
Public Reporting Burden
Public reporting burden for this collection of
information is estimated to average 60 minutes per response, including the time for
reviewing instructions, searching existing data sources, gathering, and maintaining the data
needed, and submitting the information. This information is required to obtain benefits and
is mandatory. HUD may not collect this information, and you are not required to complete
this form, unless it displays a currently valid OMB control number.
The regulations at 24 CFR Section 200.210 to 200.222 authorizes the U.S. Department of
Housing and Urban Development (HUD) to request information from all principals applying to
participate in multifamily housing programs. The information will enable HUD to evaluate
whether or not principal participants will honor their legal, financial, and contractual
obligations and determine if they pose an unsatisfactory underwriting risk.