[Federal Register Volume 61, Number 110 (Thursday, June 6, 1996)]
[Notices]
[Page 28884]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14190]



=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-3917-N-90]


Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner; Notice of Proposed Information Collection for Public 
Comment

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The proposed information collection requirement described 
below will be submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments due: August 5, 1996.

ADDRESSES: Interested persons are 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: Oliver Walker, Housing, 
Department of Housing & Urban Development, 451--7th Street, SW, Room 
9116, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT:
 Barbara Hunter, Telephone number (202) 708-4162 (this is not a toll-
free number) for copies of the proposed forms and other available 
documents.

SUPPLEMENTARY INFORMATION: The Department will submit the proposed 
information collection to OMB for review, as required by the Paperwork 
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).

    The Notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate 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) 
Evaluate the accuracy of the agency's estimate of the burden of the 
proposed collection of information; (3) Enhance the quality, utility, 
and clarity of the information to be collected; and (4) 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.
    This Notice also lists the following information:
    Title of Proposal: Revised method for calculating Section 236 
Excess Income.
    OMB Control Number: 2502-0086.
    Description of the need for the information and proposed use: The 
Department's Fiscal year 1996 Budget amended Section 236(g) of the 
National Housing Act to require that Excess Income (rent collected in 
excess of Basic Rent) be computed on a unit-by-unit basis. The 
Department is implementing this requirement effective with rent 
collections for the month of June, 1996. The change in the way Excess 
Income is computed will result in increased cash remittances to HUD 
beginning with Excess Income that is required to be remitted by July 
10, 1996, for the June 1996 rent collections.
    Agency form numbers: HUD 93104.
    Members of affected public: All Section 236 project mortgagors.
    An estimation of the total numbers of hours needed to prepare the 
information collection is 22,642, the number of respondents is 3,126, 
frequency of response is 1, and the hours of response is 7,243.
    Status of the proposed information collection: Reinstatement, 
without change.

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.

    Dated: May 31, 1996.
Nicolas P. Retsinas,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 96-14190 Filed 6-5-96; 8:45 am]
BILLING CODE 4210-27-M