Notice2025-04270
60-Day Notice of Proposed Information Collection: Operating Fund Shortfall Program Financial Reporting and Monitoring; OMB Control No.: 2577-0300
Primary source
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Published
March 17, 2025
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 90 Issue 50 (Monday, March 17, 2025)</title>
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[Federal Register Volume 90, Number 50 (Monday, March 17, 2025)]
[Notices]
[Pages 12335-12336]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-04270]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7104-N-01]
60-Day Notice of Proposed Information Collection: Operating Fund
Shortfall Program Financial Reporting and Monitoring; OMB Control No.:
2577-0300
AGENCY: Office of the Assistant Secretary for Public and Indian
Housing, 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.
[[Page 12336]]
DATES: Comments Due Date: May 16, 2025.
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>. Interested persons are 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.
FOR FURTHER INFORMATION CONTACT: Anna Guido, Clearance Officer, REE,
Department of Housing and Urban Development, 451 7th Street SW,
Washington, DC 20410; email Anna Guido at <a href="/cdn-cgi/l/email-protection#15547b7b743b52607c717a557d60713b727a63"><span class="__cf_email__" data-cfemail="afeec1c1ce81e8dac6cbc0efc7dacb81c8c0d9">[email protected]</span></a>, telephone
(202) 402-5535. 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.
A. Overview of Information Collection
Title of Information Collection: OpFund Shortfall Program Financial
Reporting and Monitoring.
OMB Approval Number: 2577-0300.
Type of Request: Revision of currently approved collection.
Form Number: HUD-50093, HUD-50094, HUD-50095, HUD-50096, SF-425.
Description of the need for the information and proposed use:
The Shortfall Program has been in operation since FY 2021 and was
created through annual Appropriations laws providing a $25 million set-
aside in the Public Housing Fund to assist Public Housing Agencies
experiencing or at risk of financial shortfalls. The program is
targeted to PHAs with the lowest Public Housing reserves. Funding is
allocated to raise PHAs' reserves to two months of expenses. Along with
the infusion of funds, PHAs create Improvement Plans to improve their
financial situation and address financial issues. OMB requested that
PIH collect information from PHAs to evaluate the efficacy of the
program in improving PHA's financial situation. This PRA is being
submitted to improve the effectiveness of the program (through
monitoring and risk management) which ultimately helps the PHAs reach
sustainable financial success. This PRA will include a short-form
budget for PHAs to report on their budget and actuals through the year
so that financial and operational performance can be evaluated; an
Improvement Plan, which will increase accountability towards making
financial improvements; and Shortfall Program Application and Appeal
forms. These forms will be accessible to PHA and HUD staff through a
web-based portal to increase operational efficiency.
Respondents: Public Housing Agencies.
The estimated burden hours and the cost for the respondents is
below:
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Number of Total Burden
Information collection Number of reponses per annual hours per Total Hourly Total
respondents respondent responses response hours cost annual cost
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HUD-50093 (Shortfall Improvement Plan)....................... 187 1 187 1 187 $46.37 $8,671.19
HUD-50094 (Shortfall Budget)................................. 187 3 561 0.5 280.5 46.37 13,006.79
HUD-50095 (Shortfall Application)............................ 187 1 187 0.25 46.75 46.37 2,167.80
HUD-50096 (Shortfall Appeal)................................. 4 1 4 1 4 46.37 185.48
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Totals................................................... 565 .............. 939 .......... 518.25 .......... 24,031.26
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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.
HUD encourages interested parties to submit comment in response to
these questions.
C. Authority
Section 2 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507.
Sylvia Whitlock,
Acting Chief, Office of Policy, Programs, and Legislative Initiatives.
[FR Doc. 2025-04270 Filed 3-14-25; 8:45 am]
BILLING CODE 4210-67-P
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