[Federal Register Volume 62, Number 101 (Tuesday, May 27, 1997)]
[Notices]
[Pages 28725-28726]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-13731]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4238-N-02]
Submission for OMB Review; Comment Request
AGENCY: Office of the Assistant Secretary for Community Planning and
Development, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The proposed information collection requirement described
below has been submitted to the Office of Management and Budget (OMB)
for emergency review and approval, as required by the Paperwork
Reduction Act. The Department is soliciting public comments on the
subject proposal.
DATES: The due date for comments is: June 3, 1997.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments must be received within seven (7) days from the
date of this Notice. Comments should refer to the proposal by name and
should be sent to: Joseph F. Lackey, Jr., HUD Desk Officer, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT:
Kay F. Weaver, Reports Management Officer, Department of Housing and
Urban Development, 451, Seventh Street, SW, Washington, DC 20410,
telephone (202) 708-0050. This is not a toll-free number. Copies of
available documents submitted to OMB may be obtained from Ms. Weaver.
SUPPLEMENTARY INFORMATION: This Notice informs the public that the
Department of Housing and Urban Development (HUD) has submitted to OMB,
for emergency processing, a proposed Notice of Fund Availability (NOFA)
for the Homeownership Zone Program. HUD seeks to implement this by May
30, 1997.
Under the Homeownership Zone Program, HUD will provide
approximately $20 million to promote large scale development of
distressed areas. This program promotes homeownership as a foundation
for physical, social and economic revitalization of impoverished
neighborhoods. The eligible expenses for program funds are land
acquisition, site preparation, housing construction, housing
rehabilitation, direct assistance to homebuyers, homeownership
counseling, homebuyer education, relocation project marketing, and
project related soft costs as defined under 24 CFR 92.206(d) of (HUD's
Home regulations). Also, up to five percent of Homeownership Zone grant
funds can be used for administrative costs as defined under 24 92.207
(of HUD's HOME regulations). Eligible applicants are any units of
general local government as defined in Title I, Section 102(a)(1) of
the Housing and Community Development Act of 1974.
The information collection is essential so that HUD Staff may
determine the eligibility, qualifications and capability of applicants
to carry our Homeownership Zone activities. HUD will review the
information provided by the applicants against the selection criteria
contained in the NOFA in order to rate and rank the applications and
select the best and most qualified individual applications for funding.
The selection criteria are: (1) Quality of Homeownership Zone; (2)
Distress; (3) Financial Soundness; (4) Leveraging of Nonfederal
Resources; (5) Capacity to Successfully Carry Out the Plan; and (6)
Affirmatively Furthering Fair Housing Practices.
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):
(1) Title of the information collection proposal: NOFA:
Homeownership Zone Program.
(2) Summary of the collection of information: Each applicant for
Homeownership Zone funds would be required to submit current
information, as listed below:
a. Form S.F. 424--Application for Federal Assistance;
b. Certification--Concerning Use of Federal Funds for Lobbying;
c. An Executive Summary of the proposal;
d. Narratives for each of the selection criteria;
e. A map of the Homeownership Zone.
(3) Description of the need for the information and its proposed
use: The information collection is essential so that HUD staff may
determine the eligibility, qualifications and capability of applicants
to carry out Homeownership Zone activities. HUD will review the
information provided by the applicants against the selection criteria
contained in the NOFA in order to rate and rank the applications and
select the best and most qualified individual applications for funding.
(4) Description of the likely respondents, including the estimated
number of likely respondents, and proposed frequency of response to the
collection of information: Eligible
[[Page 28726]]
applicants are units of general local government. The estimated number
of respondents is 70. The proposed frequency of the response to the
collection of information is one-time. The application need only be
submitted once.
(5) Estimate of the total reporting and record keeping burden that
will result from the collection of information:
Reporting Burden:
Number of Respondents: 70.
Total Burden Hours (@100 hours per response): 7000.
Total Estimated Burden Hours: 7000.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. Chapter 35, as amended.
Dated: May 19, 1997.
David S. Cristy,
Director, IRM Policy and Management Division.
[FR Doc. 97-13731 Filed 5-23-97; 8:45 am]
BILLING CODE 4210-29-M
