97-26299. Submission for OMB Review: Comment Request  

  • [Federal Register Volume 62, Number 192 (Friday, October 3, 1997)]
    [Notices]
    [Pages 51879-51880]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-26299]
    
    
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    DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
    
    [Docket No. FR-4263-N-287]
    
    
    Submission for OMB Review: Comment Request
    
    AGENCY: Office of Administration, HUD.
    
    ACTION: Notice.
    
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    SUMMARY: 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 
    if soliciting public comments on the subject proposal.
    
    DATES: Comments due date: November 3, 1997.
    
    ADDRESSES: Interested persons are invited to submit comments regarding 
    this proposal. Comments must be received within thirty (30) days from 
    the date of this Notice. Comments should refer to the proposal by name 
    and/or OMB approval number and should be sent to: Joseph F. Lackey, 
    Jr., OMB Desk Officer, Office of Management and
    
    [[Page 51880]]
    
    Budget, Room 10235, New Executive Office Building, Washington, DC 
    20503.
    
    FOR FURTHER INFORMATION CONTACT: Kay F. Weaver, Reports Management 
    Officer, Department of Housing and Urban Development, 451 7th Street, 
    Southwest, Washington, DC 20410, telephone (202) 708-0050. This is not 
    a toll-free number. Copies of the proposed forms and other available 
    documents submitted to OMB may be obtained from Ms. Weaver.
    
    SUPPLEMENTARY INFORMATION: The Department has submitted the proposal 
    for the collection of information, as described below, to OMB for 
    review, as required by the Paperwork Reduction Act (44 U.S.C. Chapter 
    35).
        The Notice lists the following information: (1) The title of the 
    information collection proposal; (2) the office of the agency to 
    collect the information; (3) the OMB approval number, if applicable; 
    (4) the description of the need for the information and its proposed 
    use; (5) the agency form number, if applicable; (6) what members of the 
    public will be affected by the proposal; (7) how frequently information 
    submissions will be required; (8) an estimate of the total number of 
    hours needed to prepare the information submission including number of 
    respondents, frequency of response, and hours of response; (9) whether 
    the proposal is new, an extension, reinstatement, or revision of an 
    information collection requirement; and (10) the names and telephone 
    numbers of an agency official familiar with the proposal and of the OMB 
    Desk Officer for the Department.
    
        Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
    44 U.S.C. 35, as amended.
    
        Dated: September 26, 1997.
    David S. Cristy,
    Acting Director, Information Resources, Management Policy and 
    Management Division.
    
    Notice of Submission of Proposed Information Collection to OMB
    
        Proposal: Housing Finance Agency Risk Sharing Program.
        Office: Housing.
        OMB Approval Number: 2502-0500.
        Description of the Need for the Information and Its Proposed Use: 
    Section 542(c) of the Housing and Community Development Act of 1992 
    directs HUD to insure mortgages underwritten and serviced by Housing 
    Finance Agencies (HFAs). The HFAs will reimburse HUD a certain 
    percentage of any loss under an insured loan depending upon the level 
    of risk the HFA contracts to assume. The required information 
    collection requirements are divided into two categories: Category A 
    requirements relate to information required of the HFAs themselves; and 
    Category B requirements relate to specific projects or mortgagors. The 
    information collected is needed on the projects to insure the mortgages 
    meet statutory requirements and monitor the projects' stability.
        Form Number: None.
        Respondents: Business or other for-profit and not-for-profit 
    institutions.
        Frequency of Submission: Annually and recordkeeping.
        Reporting Burden:
    
    ----------------------------------------------------------------------------------------------------------------
                                          Number of          Frequency of           Hours per                       
                                         respondents    x      response      x       response      =   Burden hours 
    ----------------------------------------------------------------------------------------------------------------
    Category A.......................              33                    2                   4.0                 264
    Category B.......................              83                    1                  46.5               3,860
    Monitoring Reports...............             330                    1                  10.5               3,465
    ----------------------------------------------------------------------------------------------------------------
    
        Total Estimated Burden Hours: 7,589.
        Status: Reinstatement, with changes.
        Contact: Flossie Ellison, HUD, (202) 708-0743 x2472; Joseph F. 
    Lackey, Jr., OMB, (202) 395-7316.
    
        Dated: September 26, 1997.
    
    [FR Doc. 97-26299 Filed 10-2-97; 8:45 am]
    BILLING CODE 4210-01-M
    
    
    

Document Information

Published:
10/03/1997
Department:
Housing and Urban Development Department
Entry Type:
Notice
Action:
Notice.
Document Number:
97-26299
Pages:
51879-51880 (2 pages)
Docket Numbers:
Docket No. FR-4263-N-287
PDF File:
97-26299.pdf