Notice2023-01622
30-Day Notice of Proposed Information Collection: Lender Qualifications for Multifamily Accelerated Processing (MAP) Guide (MAP Guide, 4430.G), OMB Control No: 2502-0541
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
January 27, 2023
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 an additional 30 days of public comment.
Full Text
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<title>Federal Register, Volume 88 Issue 18 (Friday, January 27, 2023)</title>
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[Federal Register Volume 88, Number 18 (Friday, January 27, 2023)]
[Notices]
[Page 5371]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-01622]
[[Page 5371]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7070-N-03]
30-Day Notice of Proposed Information Collection: Lender
Qualifications for Multifamily Accelerated Processing (MAP) Guide (MAP
Guide, 4430.G), OMB Control No: 2502-0541
AGENCY: Office of Policy Development and Research, Chief Data Officer,
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 an additional 30 days of
public comment.
DATES: Comments Due Date: February 27, 2023.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to <a href="/cdn-cgi/l/email-protection#a7e8eef5e6f8d4d2c5caced4d4cec8c9e7c8cac589c2c8d789c0c8d1"><span class="__cf_email__" data-cfemail="3976706b78664a4c5b54504a4a5056577956545b175c5649175e564f">[email protected]</span></a> or <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find this particular information collection by selecting
``Currently under 30-day Review--Open for Public Comments'' or by using
the search function.
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
<a href="/cdn-cgi/l/email-protection#89cae6e5ecfdfdeca7d9e6e5e5e8fbedc9e1fceda7eee6ff"><span class="__cf_email__" data-cfemail="a7e4c8cbc2d3d3c289f7c8cbcbc6d5c3e7cfd2c389c0c8d1">[email protected]</span></a> 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 and communication disabilities. To learn more about how to
make an accessible telephone call, please visit <a href="https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs">https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs</a>.
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.
The Federal Register notice that solicited public comment on the
information collection for a period of 60 days was published on
September 12, 2022 at 87 FR 55836.
A. Overview of Information Collection
Title of Information Collection: Lender Qualifications for
Multifamily Accelerated Processing (MAP).
OMB Approval Number: 2502-0541.
OMB Expiration Date: December 31, 2023.
Type of Request: Revision of a currently approved collection.
Form Number: Guidebook 4430.G.
Description of the need for the information and proposed use:
Multifamily Accelerated Processing (MAP) is designed to establish
uniform national standards for Federal Housing Administration (FHA)
approved lenders to prepare, process and submit loan applications for
FHA multifamily mortgage insurance. The MAP Guide provides--in one
volume with appendices--guidance for HUD staff, lenders, third party
consultants, borrowers, and other industry participants. Topics include
mortgage insurance program descriptions, borrower and lender
eligibility requirements, application requirements, underwriting
standards for all technical disciplines and construction loan
administration requirements. The MAP Guide applies only to FHA
multifamily mortgage insurance programs. Except to the extent lender
monitoring or enforcement activities overlap, Section 232 and other
programs administered by the Office of Healthcare Programs are not
addressed by the MAP Guide.
HUD now proposes to amend the MAP Guide by deleting Appendices
A.5.10 and A.5.11 and substituting therefore a new Appendix A.5.10 and
renumbering the existing A.5.12 as A.5.11. The new Appendix A.5.10
describes a revised and significantly simplified and shortened
methodology for calculation of the Statutory per unit maximum mortgage
amount. The proposed new appendix, the deletions of the two existing
appendices and the multiple conforming edits to other portions of the
MAP Guide necessary to maintain consistent instruction are detailed in
a proposed Mortgagee Letter 2022-##, which will be published following
OMB approval of this amended collection. Soon thereafter, HUD will
repost the amended MAP Guide with each of the edits completed as
detailed in the Mortgagee Letter. The goal of MAP is to provide a
consistent, expedited mortgage insurance application process at each
HUD Multifamily Regional Center or Satellite Office. All MAP eligible
projects must be submitted using MAP processing unless a waiver is
granted to process under Traditional Application Processing (TAP). Such
waiver approval authority is retained by HUD Headquarters' Director of
Multifamily Production.
Respondents: FHA Approved MAP Lenders.
Estimated Number of Respondents: 86.
Estimated Number of Responses: 2,071.
Frequency of Response: Per each multifamily mortgage transaction.
Average Hours per Response: 24.08 hours.
Average # of Responses per Transaction: 4.93.
Total Estimated Burden: 132,172 hours for 1,114 transactions.
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.
(5) ways to minimize the burden of the collection of information on
those who are respond, including the use of automated collection
techniques or other forms of information technology.
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.
Colette Pollard,
Department Reports Management Officer, Office of Policy Development and
Research, Chief Data Officer.
[FR Doc. 2023-01622 Filed 1-26-23; 8:45 am]
BILLING CODE 4210-67-P
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