Notice2024-17987
60-Day Notice of Proposed Information Collection: Multifamily Project Applications and Construction Prior to Initial; OMB Control No.: 2502-0029
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
August 13, 2024
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 89 Issue 156 (Tuesday, August 13, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 156 (Tuesday, August 13, 2024)]
[Notices]
[Pages 65918-65919]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-17987]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7086-N-23]
60-Day Notice of Proposed Information Collection: Multifamily
Project Applications and Construction Prior to Initial; OMB Control
No.: 2502-0029
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: October 15, 2024.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection can be sent within 60 days of publication of
this notice to <a href="http://www.regulations.gov">www.regulations.gov</a>. Find this particular information
collection by selecting ``Currently under 60-day Review--Open for
Public Comments'' or by using the search function. Interested persons
are also invited to submit comments regarding this proposal by name
and/or OMB Control Number and should be sent to: Colette Pollard,
Reports Management Officer, REE, Department of Housing and Urban
Development, 451 7th Street SW, Room 8210, Washington, DC 20410;
telephone (202) 402-3400 (this is not a toll-free number) or email:
<a href="/cdn-cgi/l/email-protection#1a4a7b6a7f686d756871487f7e6f796e7375745b796e557c7c73797f5a726f7e347d756c"><span class="__cf_email__" data-cfemail="306051405542475f425b625554455344595f5e7153447f5656595355705845541e575f46">[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#edae828188999988c3bd8281818c9f89ad859889c38a829b"><span class="__cf_email__" data-cfemail="12517d7e776666773c427d7e7e736076527a67763c757d64">[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: Multifamily Project Applications
and Construction Prior to Initial Closing.
OMB Approval Number: 2502-0029.
Type of Request: Reinstatement of approved collection for which
approval has expired.
Form Number (s): HUD-92013, HUD-92013-SUPP, HUD-92013-A, HUD-92013-
B, HUD-92013-C, HUD-92013-D, HUD-92264, HUD-92264-A, HUD-92273, HUD-
92274, HUD-92326, HUD-92329, HUD-92331, HUD-92415, HUD-92447, HUD-
92452, HUD-92485, HUD-91708, HUD-92010, FM-1006, HUD-2880, HUD-92466,
(Rider Forms--HUD-92466-R1, -92466-R2, -92466-R3, -92466-R4, -92466-
R5), HUD-92466M, HUD-2408 HUD-95379 and HUD-2.
Description of the need for the information and proposed use: The
information collection is utilized during the processing of an
application for FHA insured mortgage. The respondents are owners/
sponsors, general contractors, lenders, and others involved in
multifamily housing projects/rehabs. One of the options used in
processing an application for FHA insured mortgage is Multifamily
Application Processing (MAP). Third party contractors for mortgage
insurance perform MAP. Mortgagors submit application for Multifamily
Projects, to an approved lender for a project to be insured by HUD. The
lender's underwriters will complete all processing forms and submit
them to HUD. The contractors involved are architects, cost analysts,
appraisers, and mortgage credit analysts. An environmental review is
also conducted, as well as a market analysis.
The information collection allows the multifamily staff to
determine the appropriate mortgage insurance premium to apply in the
underwriting of the loan for an FHA insured mortgage.
Respondents: FHA lenders, borrowers, participating in HUD
Multifamily mortgage insurance programs as principals of sponsors,
mortgagors, and general contractors.
Estimated Number of Respondents: 23,588.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Number of Frequency of Responses per Burden hour per Annual burden Hourly cost per
Information collection respondents response annum response hours response Annual cost
--------------------------------------------------------------------------------------------------------------------------------------------------------
26 Application Forms............. 23,588 1 34,588 9 383,056 $51.00 $19,543,856
--------------------------------------------------------------------------------------------------------------------------------------------------------
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;
[[Page 65919]]
(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.
Jeffrey D. Little,
General Deputy Assistant Secretary, Office of Housing.
[FR Doc. 2024-17987 Filed 8-12-24; 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 August 13, 2024.
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.