[Federal Register Volume 62, Number 169 (Tuesday, September 2, 1997)]
[Notices]
[Pages 46367-46368]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-23134]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4263-N-12]


Notice of Proposed Information Collection for Public Comment

AGENCY: Office of the Assistant Secretary for Housing, 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 comments on the subject proposal.

DATES: Comments due: November 3, 1997.

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:
Georgia Yeck, telephone number (202) 708-2866 (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: Supplement to Subscription Agreement for 
Cooperative Housing Applicants under Section 213 and 221(d)(3).
    OMB Control Number: 2502-0058.
    Description of the need for the information and proposed use:
    This proposed information collection is required under section 213 
and 221(d)(3) of the National Housing Act authorizing the Secretary to 
insure mortgages covering property held by a non-profit cooperative 
ownership housing corporation. To determine the capacity of the 
borrower corporation and the individual members to meet the statutory 
requirement for repayment, HUD must review information as to the 
applicant's financial and credit history.
    Form numbers: HUD-93232A.
    Members of affected public: Non-profit cooperative housing 
corporations.
    An estimation of the total numbers of hours needed to prepare the 
information collection is 3.500, the number of respondents is 5,000, 
frequency of response is 1, and the hours of response is .7 hours.
    Status of the proposed information collection: Reinstatement 
without change.

    Authority: Section 236 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35, as amended.


[[Page 46368]]


    Dated: August 25, 1997.
Nicolas P. Retsinas,
Assistant Secretary for Housing--Federal Housing Commissioner.
[FR Doc. 97-23134 Filed 8-29-97; 8:45 am]
BILLING CODE 4210-27-M