[Federal Register Volume 63, Number 155 (Wednesday, August 12, 1998)]
[Notices]
[Page 43190]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21701]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4370-N-02]


Submission for OMB Review: Comment Request

AGENCY: Office of the Assistant Secretary for Housing, 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: August 19, 1998.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments must be received by the comments due 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., HUD 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, SW, Washington, DC 20410, telephone 
(202) 708-3055 (this is not a 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.
    Description of Need: This Notice informs the publication that the 
Department of Housing and Urban Development (HUD) has submitted to OMB, 
for emergency processing, an information collection package with 
respect to HUD's Mark-to-Market Request for Qualifications (RFQ) which 
specifies proposal submission requirements and subsequent HUD 
processing procedures. This approval is needed in order to issue the 
RFQ. The selection of qualified Participating Administrative Entities 
(PAEs) is authorized under the Multifamily Assisted Housing Reform and 
Affordability Act of 1997 (``FY 98 Appropriation Act'') (Pub. L. No. 
105-65; 111 Stat 1344, 1384, approved October 27, 1997).
    The basis for expedited processing request is that the Department 
is implementing the Mark-to-Market Program authorized by MAHRA. This 
program is a high priority to the Department as it will reduce the 
long-term costs of project-based assistance; preserve low-income rental 
housing and reduce the cost of insurance claims under the National 
Housing Act related to mortgages insured by the Secretary and used to 
finance eligible multifamily housing projects.
    Agency form numbers, if applicable: None.
    Members of affected public: public and non-public entities.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The estimated number of respondents 
are 150; 20 hours per response, and the frequency of responses is 1.

    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C. 35, is 
amended.

    Dated: August 7, 1998.
Wayne Eddins,
Director, IRM Policy and Management Division.
[FR Doc. 98-21701 Filed 8-11-98; 8:45 am]
BILLING CODE 4210-27-M