[Federal Register Volume 64, Number 97 (Thursday, May 20, 1999)]
[Notices]
[Pages 27594-27595]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-12764]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4445-N-14]


Notice of Proposed Information Collection: Comment Request; 
Applications for Transfer of Physical Assets

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.


[[Page 27595]]


DATES: Comments Due Date: July 19, 1999.

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: Wayne Eddins, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street, 
SW, Room 4176, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Willie Spearmon, Director, Office of 
Business Products, Department of Housing and Urban Development, 451 7th 
Street, SW, Washington, DC 20410, telephone (202) 708-3000 (this is not 
a toll free number) for copies of the proposed forms and other 
available information.

SUPPLEMENTARY INFORMATION: The Department is submitting 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 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 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: Applications for Transfer of Physical Assets.
    OMB Control Number, if applicable: 2502-0275.
    Description of the need for the information and proposed use: The 
form is completed and submitted to HUD by prospective purchasers of 
properties with mortgages either HUD-insured or HUD-held before the 
transfer. The information is needed by HUD for approval of a transfer 
of physical assets. HUD uses the information to ensure that the project 
is not placed in physical, financial, or managerial jeopardy by the 
transfer.
    Agency form numbers, if applicable: HUD-92266.
    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 is 
350, frequency of responses is 1, and the hours of response is 92 hours 
per response.
    Status of the proposed information collection: Reinstatement 
without change.

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

    Dated: May 12, 1999.
William C. Apgar,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 99-12764 Filed 5-19-99; 8:45 am]
BILLING CODE 4210-27-M