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

Notice.

Citation: "82 FR 41975"

Document Number: "Docket No. FR-5997-N-47"

Page Number: "41975"

"Notices"

SUMMARY: HUD 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 30 days of public comment.

   DATES: Comments Due Date: October 5, 2017.

   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: 202-395-5806, Email: OIRA_Submission@omb.eop.gov.

   FOR FURTHER INFORMATION CONTACT: Inez C. Downs, Reports Management Officer, QMAC, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410; email Inez. C. Downs@hud.gov, or telephone 202-402-8046. This is not a toll-free number. Person with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.

   Copies of available documents submitted to OMB may be obtained from Ms. Downs.

   SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for 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 June 20, 2017 at 82 FR 28085.

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: Reinstatement with change of a previously approved collection.

   Form Number: HUD-92466, HUD-2456, HUD-92450, HUD-92443, HUD-3305, HUD-3306, HUD-92403.1, FHA-2415, HUD-92283, FHA-2455, FHA-1710, HUD-92433, and FHA-2459.

   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 phase 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 non-profit.

   Estimated Number of Respondents: 2,700,895.

   Estimated Number of Responses: 9,250.

   Frequency of Response: Annually.

   Average Hours per Response: 1.

   Total Estimated Burden: 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.

C. Authority

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

   Dated: August 25, 2017.

Inez C. Downs,

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

[FR Doc. 2017-18741 Filed 9-1-17; 8:45 am]

BILLING CODE 4210-67-P