60-Day Notice of Proposed Information Collection: Nonprofit Application and Recertification for FHA Mortgage Insurance Programs; OMB Control No.: 2502-0540 - Insurance News | InsuranceNewsNet

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December 22, 2022 Newswires
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60-Day Notice of Proposed Information Collection: Nonprofit Application and Recertification for FHA Mortgage Insurance Programs; OMB Control No.: 2502-0540

Housing & Urban Development Department Documents & Publications

Agency: "Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD."

SUMMARY: HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: February 21, 2023.

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: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Room 4176, Washington, DC 20410-5000; telephone 202-402-3400 (this is not a toll-free number) or email at [email protected] for a copy of the proposed forms or other available information. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit: https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette Pollard at [email protected] or telephone 202-402-3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit: https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.

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

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A.

A. Overview of Information Collection

Title of Information Collection: Nonprofit Application and Recertification for Mortgage Insurance Programs.

OMB Approval Number: 2502-0540.

OMB Expiration Date: April 30, 2023.

Type of Request: Extension of currently approved collection.

Form Numbers: None.

Description of the need for the information and proposed use: Specific information and related documents are needed to determine the eligibility of Nonprofit organizations for the participation in FHA-insured mortgage transactions.

Respondents: Nonprofit organizations.

Estimated Number of Respondents: 173.

Estimated Number of Responses: 173.

Frequency of Response: Annually.

Average Hours per Response: 60.

Total Estimated Burden: 9,398.

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. 3507.

Jeffrey D. Little,

General Deputy Assistant Secretary for Housing.

Notice.

Citation: "87 FR 78704"

Document Number: "Docket No. FR-7056-N-58"

Federal Register Page Number: "78704"

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