Notice2023-26690
60-Day Notice of Proposed Information Collection: Multifamily Project Construction Contract, Building Loan Agreement, and Construction Change Request (Form HUD-92437); OMB Control No.: 2502-0011
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
December 5, 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 60 days of public comment.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 232 (Tuesday, December 5, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 232 (Tuesday, December 5, 2023)]
[Notices]
[Pages 84347-84348]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-26690]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7071-N-28]
60-Day Notice of Proposed Information Collection: Multifamily
Project Construction Contract, Building Loan Agreement, and
Construction Change Request (Form HUD-92437); OMB Control No.: 2502-
0011
AGENCY: Office of the Assistant Secretary for Housing- Federal Housing
Commissioner, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
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 5, 2024.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection can be submitted within 60 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 60-
day Review--Open for Public Comments'' or by using the
[[Page 84348]]
search function. Interested persons are also invited to submit comments
regarding this proposal by name and/or OMB Control Number and can be
sent to: Colette Pollard, Reports Management Officer, REE, Department
of Housing and Urban Development, 451 7th Street SW, Room 8210,
Washington, DC 20410-5000 or email at
<a href="/cdn-cgi/l/email-protection#f1a190819483869e839aa39495849285989e9fb09285be9797989294b1998495df969e87"><span class="__cf_email__" data-cfemail="5d0d3c2d382f2a322f360f3839283e293432331c3e29123b3b343e381d352839733a322b">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, REE, Department of Housing and Urban Development, 451 7th
Street SW, Washington, DC 20410; email; <a href="/cdn-cgi/l/email-protection#a2e1cdcec7d6d6c78cf2cdcecec3d0c6e2cad7c68cc5cdd4"><span class="__cf_email__" data-cfemail="10537f7c756464753e407f7c7c716274507865743e777f66">[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.
A. Overview of Information Collection
Title of Information Collection: Request for Construction on
Project Mortgages.
OMB Approval Number: 2502-0011.
Type of Request: Reinstatement, with change, of previously approved
collection for which approval has expired.
Form Number: HUD-92437.
Description of the need for the information and proposed use:
The previous OMB collection reflects an accurate assessment of the
numbers submitted under this collection, which included two forms used
by OMAPO, formally Contract Administration, CA (HUD-92442-CA, HUD-
92442-A-CA). In addition, the specific forms, HUD-92441, HUD-92442, and
HUD-92442-A, have been deleted under this collection and placed under
the Closing documents, OMB control number 2502-0598. The current
numbers were based on the average of three fiscal years of initial
endorsements. Furthermore, the numbers under this collection reflect a
healthy housing industry since 2010 in which credit markets stabilized
and interest rates were low and Multifamily housing occupancy was very
strong. HUD plays a vital part in the housing industry and the
increased numbers reflect that strong demand. This form HUD-92437
serves as the project's change order involving changes to contact work,
contract price, or contract time. All on-site construction changes are
submitted on this form. The contractor, architect, mortgagor, and
mortgagee must approve the proposed changes before the request is
submitted to HUD for approval. The form ensures that viable projects
are developed.
Respondents: Individuals participating in HUD Multifamily mortgage
insurance programs as principals of sponsors, mortgagors, and general
contractors.
Estimated Number of Respondents: 1,174.
Estimated Number of Responses: 3,522.
Frequency of Response: 3.
Average Hours per Response: 2.
Total Estimated Burden: 7,044.
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, Office of Housing.
[FR Doc. 2023-26690 Filed 12-4-23; 8:45 am]
BILLING CODE 4210-67-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on December 5, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.