[Federal Register Volume 63, Number 79 (Friday, April 24, 1998)]
[Notices]
[Pages 20418-20419]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-10909]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4349-N-15]


Submission for OMB Review: Comment Request

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

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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 date: May 26, 1998.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments must be received within thirty (30) days from 
the date of this Notice. Comments should refer to the proposal by name 
and/or OMB approval number and should be sent to: Joseph F. Lackey, 
Jr., OMB Desk Officer, Office of Management and Budget, Room 10235, New 
Executive Office Building, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT:
Wayne Eddins, Reports Management Officer, Department of Housing and 
Urban Development, 451 7th Street, Southwest, Washington, DC 20410, 
telephone (202) 708-1305. This is not a

[[Page 20419]]

toll-free number. Copies of the proposed forms and other available 
documents submitted to OMB may be obtained from Mr. Eddins.

SUPPLEMENTARY INFORMATION: The Department has submitted the proposal 
for the collection of information, as described below, to OMB for 
review, as required by the paperwork Reduction Act (44 U.S.C. Chapter 
35).
    The Notice lists the following information: (1) the title of the 
information collection proposal; (2) the office of the agency to 
collect the information; (3) the OMB approval number, if applicable; 
(4) the description of the need for the information and its proposed 
use; (5) the agency form number, if applicable; (6) what members of the 
public will be affected by the proposal; (7) how frequently information 
submissions will be required; (8) an estimate of the total number of 
hours needed to prepare the information submission including number of 
respondents, frequency of response, and hours of response; (9) whether 
the proposal is new, an extension, reinstatement, or revision of an 
information collection requirement; and (10) the names and telephone 
numbers of an agency official familiar with the proposal and of the OMB 
Desk Officer for the Department.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: April 16, 1998.
David S. Cristy,
Director, IRM Policy and Management Division.

    Title of Proposal: Economic Development Initiative (EDI) Grant 
Program.
    Office: Community Planning and Development.
    OMB Approval Number: 2506-0153.
    Description of the Need for the Information and its Proposed Use: 
Economic Development Initiative (EDI) grants are used to enhance the 
security of the Section 108 guaranteed loan or to improve the 
feasibility of proposed projects through techniques such as interest 
rate subsidies, loan loss reserves, debt services reserves and write 
down of the cost of particular projects. Eligible applicants are 
Community Development Block Grant (CDBG) entitlement units of general 
local government, and non-entitlement units of general local government 
which are eligible to receive Section 108 loan guarantees. The 
information collection is required to assist HUD in selecting 
applicants to receive EDI grant funds and to document program 
compliance.
    Form Number: SR-424.
    Respondents: State, Local or Tribal Government.
    Frequency of Submission: Annually and Recordkeeping.
    Reporting Burden: 

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                                       Number of          Frequency of           Hours per                      
                                      respondents    x      response      x      response      =   Burden  hours
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Application.......................             150                    1                   40               6,000
LOCCS Access......................              60                   52                    1               3,120
Recordkeeping and Reporting.......              60                   52                    1               3,120
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    Total Estimated Burden Hours: 12,240.
    Status: Reinstatement, without changes.
    Contact: Paul D. Webster, HUD, (202) 708-1871; Joseph F. Lackey, 
Jr., OMB, (202) 395-7316.

    Dated: April 16, 1998.

[FR Doc. 98-10909 Filed 4-23-98; 8:45 am]
BILLING CODE 4210-01-M