Request for Information on the Uses of Survey of Market Absorption of New Multifamily Apartments (SOMA) Data; Extension of Comment Period
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Abstract
On September 9, 2025, the Department of Housing and Urban Development (HUD) published in the Federal Register a document titled, "Request for Information on the Uses of Survey of Market Absorption (SOMA) Data." (RFI) HUD is evaluating current needs for data from the Survey of Market Absorption of New Multifamily Units (SOMA). As part of this evaluation, HUD is soliciting information from the public on uses of SOMA data and other comments or concerns about the SOMA.
Full Text
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<title>Federal Register, Volume 90 Issue 239 (Tuesday, December 16, 2025)</title>
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[Federal Register Volume 90, Number 239 (Tuesday, December 16, 2025)]
[Notices]
[Page 58261]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-22959]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-6556-N-02]
Request for Information on the Uses of Survey of Market
Absorption of New Multifamily Apartments (SOMA) Data; Extension of
Comment Period
AGENCY: Office of the Assistant Secretary for Policy Development and
Research, Department of Housing and Urban Development (HUD).
ACTION: Extension of comment period for request for information.
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SUMMARY: On September 9, 2025, the Department of Housing and Urban
Development (HUD) published in the Federal Register a document titled,
``Request for Information on the Uses of Survey of Market Absorption
(SOMA) Data.'' (RFI) HUD is evaluating current needs for data from the
Survey of Market Absorption of New Multifamily Units (SOMA). As part of
this evaluation, HUD is soliciting information from the public on uses
of SOMA data and other comments or concerns about the SOMA.
DATES: The comment period for the request for comment published on
September 9, 2025, at 90 FR 43468, is extended to January 30, 2026.
Late-filed comments will be considered to the extent practicable.
ADDRESSES: Interested persons are invited to submit comments responsive
to the Request for Information as well as any other concerns about the
SOMA.
1. Electronic Submission of Comments. Interested persons may submit
comments electronically through the Federal eRulemaking Portal at
<a href="http://www.regulations.gov">http://www.regulations.gov</a>.
2. Submission of Comments by Mail.
Comments may be submitted by mail to the Regulations Division,
Office of General Counsel, Department of Housing and Urban Development,
451 7th Street SW, Room 10276, Washington, DC 20410-0500.
FOR FURTHER INFORMATION CONTACT: George Carter, Director, Housing and
Demographic Analysis Division, Office of Policy Development and
Research, 451 7th Street SW, Room 8222, Washington, DC 20410-0500,
telephone number 202-402-5873 (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>.
SUPPLEMENTARY INFORMATION: The purpose of the Survey of Market
Absorption of New Multifamily Units (SOMA) is to provide data on the
rate at which different types of new rental apartments and new
condominiums/cooperative apartments are absorbed, that is, taken off
the market, usually by being rented or sold, over the course of the
first twelve months following completion of a building. The SOMA uses
the Survey of Construction (SOC) as its sampling base. It provides data
on the time between completion and rental or sale of new multifamily
units and data on rents, sales prices, and size of apartments rented or
sold. It is an indicator of how multifamily construction responds to
consumer demand. SOMA data, tables, and documentation can be found
here: <a href="https://www.census.gov/programs-surveys/soma.html">https://www.census.gov/programs-surveys/soma.html</a>.
In furtherance of its efforts to evaluate current needs for data
from the SOMA, HUD published in the Federal Register a document titled
``Request for Information on the Uses of Survey of Market Absorption
(SOMA) Data''. The request for information solicits comment input to
improve HUD's understanding of how SOMA data is used and better
understand concerns about the SOMA. While the request for information
originally provided for a 30-day comment period, HUD has determined
that extending the public comment period by an additional 45 days will
better allow the public to submit comments that will help HUD gather
information necessary for its evaluation of data needs from the SOMA.
Thus, HUD is extending the date for public comment until January 30,
2026.
John Gibbs,
Principal Deputy Assistant Secretary for Policy Development and
Research.
[FR Doc. 2025-22959 Filed 12-15-25; 8:45 am]
BILLING CODE 4210-67-P
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