2013-26125. 30-Day Notice of Proposed Information Collection: Technical Processing Requirements for Multifamily Project Mortgage Insurance

AGENCY:

Office of the Chief Information Officer, HUD.

ACTION:

Correction, notice.

SUMMARY:

On October 25, 2013 at 78 FR 64146 HUD published a 30 day notice of proposed information collection. This notice replaces the notice published on October 25, 2013.

HUD has submitted the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, in accordance with the Paperwork Reduction Act. The purpose of this notice is to allow for an additional 30 days of public comment.

DATES:

Comments Due Date: December 2, 2013.

ADDRESSES:

Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: [phone]. Email: [e-mail].

FOR FURTHER INFORMATION CONTACT:

Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410; email Colette Pollard at [e-mail] or telephone [phone]. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at [phone]. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION:

This notice informs the public that HUD has submitted to OMB a request for approval of the information collection described in Section A. The Federal Register notice that solicited public comment on the information collection for a period of 60 days was published on August 27, 2013.

A. Overview of Information Collection

Title of Information Collection: Technical Processing Requirements for Multifamily Project Mortgage Insurance.

OMB Approval Number: 2502-0594.

Type of Request: Extension of currently approved .

Form Number: HUD-92415, HUD-92433, FHA 2455, FHA-2459, HUD-3305, HUD-92450, HUD-92403, HUD-2456, HUD2283, HUD-92433, HUD-92466, HUD-3306.

Description of the need for the information and proposed use: The information collection is analyzed by HUD during the four technical discipline phases of an application for mortgage insurance—underwriting, valuation, architectural, and mortgage credit analysis. HUD performs each phases during the application process to ensure the financial, physical, and environmental soundness of the project, as well as the potential insurance risk. Sponsors, mortgagors and contractors are required to undergo a thorough examination to determine their solvency, reliability, past experience, and dependability to develop, build, and operate the type of multifamily housing project they propose.

Respondents (i.e. affected public): Business and other for profit.

Estimated Annual Reporting and Recordkeeping Burden: The number of Estimated Number of Respondents: 9,250. Estimated Number of Responses: 11,050. Frequency of Response: Annual. Average Hours per Response: Total Estimated Burdens: 9,250.

B. Solicitation of Public Comment

This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:

(1) 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) The accuracy of the agency's estimate of the burden of the proposed collection of information; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) Ways to 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. HUD encourages interested parties to submit comment in response to these questions.

Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35.

Dated: October 29, 2013.

Colette Pollard,

Department Reports Management Officer, Office of the Chief Information Officer.