Notice2022-03988
60-Day Notice of Proposed Information Collection: Multifamily Housing Mortgage and Housing Assistance Restructuring Program (Mark-To-Market); OMB Control No.: 2502-0533
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
February 25, 2022
Issuing agencies
Housing and Urban Development Department
Abstract
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.
Full Text
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<title>Federal Register, Volume 87 Issue 38 (Friday, February 25, 2022)</title>
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[Federal Register Volume 87, Number 38 (Friday, February 25, 2022)]
[Notices]
[Pages 10815-10816]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03988]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7056-N-03]
60-Day Notice of Proposed Information Collection: Multifamily
Housing Mortgage and Housing Assistance Restructuring Program (Mark-To-
Market); OMB Control No.: 2502-0533
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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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: April 26, 2022.
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, QDAM, 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
<a href="/cdn-cgi/l/email-protection#0744686b627373622957686b6b667563476f726329606871"><span class="__cf_email__" data-cfemail="ffbc90939a8b8b9ad1af9093939e8d9bbf978a9bd1989089">[email protected]</span></a> for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 7th
Street SW, Washington, DC 20410; email Colette Pollard at
<a href="/cdn-cgi/l/email-protection#480b27242d3c3c2d6618272424293a2c08203d2c662f273e"><span class="__cf_email__" data-cfemail="d192bebdb4a5a5b4ff81bebdbdb0a3b591b9a4b5ffb6bea7">[email protected]</span></a> or telephone 202-402-3400. This is not a toll-
free number. Persons 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. Pollard.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is
seeking approval from OMB for the information collection described in
Section A.
[[Page 10816]]
A. Overview of Information Collection
Title of Information Collection: Multifamily Housing Mortgage and
Housing Assistance Restructuring Program (Mark-to-Market).
OMB Approval Number: 2502-0533.
Type of Request: Extension of currently approved collection.
Form Numbers: HUD-9624, HUD-9625, OPG 3.1, OPG 3.2, OPG 3.3, OPG
3.4, OPG 4.1, OPG 4.2, OPG 4.3, OPG 4.4, OPG 4.7, OPG 4.8, OPG 4.10,
OPG 4.11, OPG 4.12, OPG 5.4, OPG 5.5, OPG 6.5, OPG 7.4, OPG 7.6, OPG
7.8, OPG 7.11, OPG 7.12, OPG 7.13, OPG 7.14, OPG 7.16, OPG 7.21, OPG
7.22, OPG 7.23, OPG 7.25, OPG 9.10, OPG 9.11, OPG 11.1. In addition,
the Post Mark-to-Market documents pending approval: (1) Accommodation
Agreement Debt Assignment-TPA Post Restructuring, (2) Assumption
Modification of Use Agreement, (3) Attachment 1: Assumption
Modification Use Agreement--Term Extension--No M2M Debt and Not QNP,
(4) Attachment 2: Subordinate Agreement--New Financing to M2M, (5)
Attachment 3: Assuming of Use Agreement No Term Extension, (6)
Attachment 4: Attachment 4--Modification of Use Agreement (Term
Extension--Not QNP), (7) Attachment 5: Subordinate Agreement-New and
Existing Financing to M2M Use Agreement, and (8) Release, Assumption
and Modification of Accommodation Agreement.
Description of the need for the information and proposed use: The
Mark-to-Market Program is authorized under the Multifamily Assisted
Housing Reform and Affordability Act of 1997, as modified and extended
from time to time, including by the Market-to-Market Extension Act of
2001. The information collection is required and will be used to
determine the eligibility of FHA-insured or formerly insured
multifamily properties for participation in the Mark-to-Market Program
and the terms on which such participation should occur as well as to
process eligible properties from acceptance into the program through
closing of the mortgage restructure in accordance with program
guidelines. The result of participation in the program is the
refinancing and restructure of the property's FHA-insured mortgage and,
generally the reduction of Section 8 rent payments and establishment of
adequately funded accounts to fund required repair and rehabilitation
of the property.
Respondents: Contractors and Tenants.
Estimated Number of Respondents: 60.
Estimated Number of Responses: 1,346.
Frequency of Response: On occasion.
Average Hours per Response: 32.
Total Estimated Burdens: 1,912.
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.
Janet M. Golrick,
Acting, Chief of Staff for the Office of Housing--Federal Housing
Administration.
[FR Doc. 2022-03988 Filed 2-24-22; 8:45 am]
BILLING CODE 4210-67-P
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