[Federal Register Volume 65, Number 137 (Monday, July 17, 2000)]
[Notices]
[Page 44066]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-17969]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4565-N-17]
Notice of Proposed Information Collection: Comment Request;
Monthly Reports for Establishing Net Income
AGENCY: Office of the Assistant Secretary for Housing, HUD.
ACTION: Notice.
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SUMMARY: The proposed information collection requirement described
below will be 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: September 15, 2000.
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: Wayne Eddins, Reports Management
Officer, Department of Housing and Urban Development, 451 7th Street,
SW, Washington, DC 20410, telephone (202) 708-5221 (this is not a toll-
free number) for copies of the proposed forms and other available
information.
FOR FURTHER INFORMATION CONTACT: Willie Spearmon, Department of Housing
and Urban Development, 451 7th Street, SW, Washington, DC 20410,
telephone (202) 708-3000, (this is not a toll-free number) for copies
of the proposed forms and other available.
SUPPLEMENTARY INFORMATION: The Department is submitting the proposed
information collection to OMB for review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
This Notice is soliciting comments from members of the public and
affected agencies concerning the proposed collection of information to:
(1) Evaluate whether the proposed collection is necessary for the
proper performance of the functions of the agency, including whether
the information will have practical utility; (2) Evaluate the accuracy
of the agency's estimate of the burden of the proposed collection of
information; (3) Enhance the quality, utility, and clarity of the
information to be collected; and (4) Minimize the burden of the
collection of information on those who are to respond; including the
use of appropriate automated collection techniques or other forms of
information technology, e.g., permitting electronic submission of
responses.
This Notice also lists the following information;
Title of Proposal: Monthly Reports for Establishing Net Income.
OMB Control Number, if applicable: 2502-0108.
Description of the need for the information and proposed use: Field
Office staff use Monthly Accounting Reports to assess the need for
remedial actions to correct project deficiencies or to prevent a
potential default of the project of the project mortgage. HUD Forms
93480 and 93481 are related to the project owners costs. When a project
is experiencing rent collection problems, expenses directly effect this
income. Loan Servicers are responsible for reviewing trends in a
project's expenses and income.
Agency form numbers, if applicable: HUD-93479, 93480, 93481.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response: The number of respondents for each
form (HUD-93479, 93480, and 93481) is 4,000, the frequency of responses
per form is one per month (12 yearly). The number of responses for the
3 forms is 48,000, for a total of 144,000 responses per year. The hours
per response is 1.50 hours for HUD-93479, 1 hour for forms HUD-93480
and HUD-93481, estimating the annual burden hours requested to be
168,000.
Status of the proposed information collection: Reinstatement,
without change, of previously approved collection for which approved
has expired.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35, as amended.
Dated: July 6, 2000.
William C. Apgar,
Assistant Secretary for Housing-FHC.
[FR Doc. 00-17969 Filed 7-14-00; 8:45 am]
BILLING CODE 4210-27-M