Notice2026-04101
60-Day Notice of Proposed Information Collection: Survey of Market Absorption of New Multifamily Units
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
March 2, 2026
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 91 Issue 40 (Monday, March 2, 2026)</title>
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[Federal Register Volume 91, Number 40 (Monday, March 2, 2026)]
[Notices]
[Pages 10104-10105]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-04101]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7103-N-04; OMB Control No.: 2528-0013]
60-Day Notice of Proposed Information Collection: Survey of
Market Absorption of New Multifamily Units
AGENCY: Office of Policy Development and Research, 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.
DATES: Comments Due Date: May 1, 2026.
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. Comments should refer to
the proposal by name and/or OMB Control Number and should be sent to:
Jason Bladen, Department of Housing and Urban Development, 451 7th
Street SW, Room 8222, Washington, DC 20410. Comments may also be
submitted via email to <a href="/cdn-cgi/l/email-protection#feaebaacae8b9c92979dbd9193939b908a8dbe968b9ad0999188"><span class="__cf_email__" data-cfemail="114155434164737d7872527e7c7c747f6562517964753f767e67">[email protected]</span></a>.
FOR FURTHER INFORMATION CONTACT: Jason Bladen, Department of Housing
and Urban Development, 451 7th Street SW, Washington, DC 20410; email
<a href="/cdn-cgi/l/email-protection#04544056547166686d67476b6969616a7077446c71602a636b72"><span class="__cf_email__" data-cfemail="b2e2f6e0e2c7d0dedbd1f1dddfdfd7dcc6c1f2dac7d69cd5ddc4">[email protected]</span></a>, telephone (202) 402-7054. 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
Mr. Bladen.
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: 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.
Estimated Number of Respondents: 12,000 yearly (maximum).
Estimated Number of Responses: 48,000 yearly (maximum).
Frequency of Response: Four times (maximum).
Average Hours per Response: 15 minutes/initial interview and 5
minutes for any subsequent interviews (up to three additional, if
necessary).
Total Estimated Burdens: 6,000 (12,000 buildings x 30 minutes).
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Number of Frequency of Responses Annual burden Hourly cost Annual
Information collection respondents response per annum Burden hour per response hours per response cost
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SOMA................................... 12,000 4 48,000 0.125 (30 minutes total 6,000 $43.57 $261,420
divided by 4 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.
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.
John Gibbs,
Principal Deputy Assistant Secretary for Policy, Development and
Research.
[FR Doc. 2026-04101 Filed 2-27-26; 8:45 am]
BILLING CODE 4210-67-P
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