Notice2023-15383
30-Day Notice of Proposed Information Collection: Survey of Market Absorption of New Multifamily Units; OMB Control No.: 2528-0013
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
July 20, 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 138 (Thursday, July 20, 2023)</title>
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[Federal Register Volume 88, Number 138 (Thursday, July 20, 2023)]
[Notices]
[Pages 46806-46807]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-15383]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7070-N-40]
30-Day Notice of Proposed Information Collection: Survey of
Market Absorption of New Multifamily Units; OMB Control No.: 2528-0013
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: August 21, 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="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. Interested
persons are
[[Page 46807]]
also invited to submit comments regarding this proposal and comments
should refer to the proposal by name and/or OMB Control Number and
should be sent to: Anna Guido, Clearance Officer, REE, Department of
Housing and Urban Development, 451 7th Street SW, Room 8210,
Washington, DC 20410-5000; email <a href="/cdn-cgi/l/email-protection#db8bbaabbea9acb4a9b089bebfaeb8afb2b4b59ab8af94bdbdb2b8be9bb3aebff5bcb4ad"><span class="__cf_email__" data-cfemail="742415041106031b061f2611100117001d1b1a3517003b12121d1711341c01105a131b02">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management
Officer, REE, Department of Housing and Urban Development, 451 7th
Street SW, Room 8210, Washington, DC 20410; phone number 202-402-5535
or email: <a href="/cdn-cgi/l/email-protection#7f2f1e0f1a0d08100d142d1a1b0a1c0b1610113e1c0b301919161c1a3f170a1b51181009"><span class="__cf_email__" data-cfemail="d585b4a5b0a7a2baa7be87b0b1a0b6a1bcbabb94b6a19ab3b3bcb6b095bda0b1fbb2baa3">[email protected]</span></a>. 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: <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. Guido.
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 May 17,
2023 at 88 FR 31515.
A. Overview of Information Collection
Title of Information Collection: Survey of Market Absorption of New
Multifamily Units.
OMB Approval Number: 2528-0013.
Type of Request: Extension without change to a currently approved
collection.
Form Number: N/A.
Description of the need for the information and proposed use: The
Survey of Market Absorption (SOMA) provides the data necessary to
measure the rate at which new rental apartments and new condominium
apartments are absorbed; that is, taken off the market, usually by
being rented or sold, over the course of the first 12 months following
completion of a building. The data are collected at quarterly intervals
until the 12 months conclude, or until the units in a building are
completely absorbed. The survey also provides estimates of certain
characteristics, including asking rent/price, number of units, and
number of bedrooms. The survey provides a basis for analyzing the
degree to which new apartment construction is meeting the present and
future needs of the public.
Respondents: Rental Agents/Builders.
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Number of Frequency of Responses per Burden hour per Annual burden Hourly cost
Information collection respondents response annum response hours per response Cost
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SOMA.............................. 12,000 4 48,000 .125 (30 minutes 6,000 $40.51 $243,060
total divided by
four interviews).
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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 to respond, including the use of automated collection
techniques or other forms of information technology.
HUD encourages interested parties to submit comments in response to
these questions.
C. Authority
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C.
chapter 35.
Anna P. Guido,
Department Reports Management Office, Office of Policy Development and
Research, Chief Data Officer.
[FR Doc. 2023-15383 Filed 7-19-23; 8:45 am]
BILLING CODE 4210-67-P
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