[Federal Register Volume 61, Number 220 (Wednesday, November 13, 1996)]
[Notices]
[Pages 58206-58207]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-28982]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-4086-N-72]


Notice of Proposed Information Collection for Public Comment

AGENCY: Office of the Assistant Secretary for Policy Development and 
Research, HUD.

ACTION: Notice.

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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 comment on the subject proposal.

DATES: Comments due: January 13, 1997.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name or OMB 
Control Number and should be sent to: Reports Liaison Officer, Office 
of Policy Development and Research, Department of Housing and Urban 
Development, 451 7th Street, SW, Room 8226, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT:
Todd Richardson, Economist and Social Science Analyst, Office of Policy 
Development and Research--telephone (313) 226-6896 (this is not a toll-
free number).

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).
    This Notice is soliciting comments from members of the public and 
affected 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 qualify, 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: A Survey of Rents, Vacancy, and Amenities in 
Multifamily Projects in Michigan.
    Description of the need for the information and proposed use: HUD 
has three primary needs for the information to be collected from this 
survey. The first is for our Portfolio Re-engineering Demonstration. 
Under that demonstration, the department is to explore ways to resolve 
the over-subsidization of HUD insured projects receiving project based 
Section 8. If Portfolio Re-engineering is to be implemented, it is 
crucial that HUD know what the appropriate market rent is for different 
unit sizes at individual developments.
    The second is HUD's annual adjustment factors for Section 8 project 
based subsidy. With this survey, we will know what are the appropriate 
adjustments.
    The third is to assist HUD in its overall underwriting process. The 
department insures mortgages for market rate multi-family developments. 
As part of its determination on whether HUD should insure the project, 
HUD conducts a market study and does an appraisal. This survey will 
greatly improve the accuracy and efficiency of this process.

[[Page 58207]]

    Members of affected public: We estimate that 3,000 housing managers 
in the state will be surveyed.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: Information will be collected from 
approximately 3,000 managers of multifamily rental developments in the 
State of Michigan. The 15 minute mail survey is planned to be conducted 
annually. The information being requested is information normally 
maintained by housing managers. The total annual burden for respondents 
is estimated at 750 hours.
    Status of the proposed information collection: Pending OMB 
approval.

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

    Dated: October 23, 1996.
Michael A. Stegman,
Assistant Secretary, Office of Policy Development and Research.
[FR Doc. 96-28982 Filed 11-12-96; 8:45 am]
BILLING CODE 4210-62-M