02-23760. Notice of Submission of Proposed Information Collection to OMB; Multifamily Financial Management Template

AGENCY:

Office of the Chief Information Officer, HUD.

ACTION:

Notice.

SUMMARY:

The proposed 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 is soliciting public comments on the subject proposal.

DATES:

Comments Due Date: October 21, 2002.

ADDRESSES:

Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and should be sent to: Lauren Wittenberg, OMB Desk Officer, Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503; Fax number [phone]; E-mail [e-mail].

FOR FURTHER INFORMATION CONTACT:

Wayne Eddins, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, Southwest, Washington, DC 20410; e-mail [e-mail]; telephone [phone]. This is not a toll-free number. Copies of the proposed forms and other available documents submitted to OMB may be obtained from Mr. Eddins.

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 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 name and telephone number of an agency official familiar with the proposal and of the OMB Desk Officer for the Department.

This Notice also lists the following information:

Title of Proposal: Multifamily Financial Management Template.

OMB Approval Number: 2502—pending OMB approval.

Form Numbers: None.

Description of the Need for the Information and Its Proposed Use: The Uniform Financial Reporting Standards (UFRS) regulations requires HUD's multifamily housing program participants to submit financial data electronically, using the Generally Accepted Accounting Principles (GAAP), in a prescribed format. Electronic submissions of this data will require the use of a template. This information was previously collected with the Public Housing Financial Management Template approved under OMB control number 2535-0107.

Respondents: Individuals or households, Business or other for-profit, Not-for-profit institutions, Federal Government.

Frequency of Submission: On occasion.

	Number of respondents	×	Annual responses	×	Hours per response	=	Burden hours
Reporting Burden	20,774		1		2.5		53,784

Total Estimated Burden Hours: 53,784.

Status: Extension of a currently approved collection under a new approval number. Submitted as a new collection.

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

Dated: September 11, 2002.

Wayne Eddins,

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