[Federal Register Volume 64, Number 135 (Thursday, July 15, 1999)]
[Notices]
[Page 38209]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-17980]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4445-N-18]


Notice of Proposed Information Collection: Comment Request; 
Budget-Based Rent Increase

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 this subject proposal.

DATES: Comments Due Date: September 13, 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: Veronica Lewis, Office of Multifamily 
Housing Programs, Office of Business Products, Department of Housing 
and Urban Development, 451 7th Street, SW, Washington, DC 20410, 
telephone (202) 708-2866 (this is not a toll free number) or 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: Budget-based Rent Increase.
    OMB Control Number, if applicable: 2502-0324.
    Description of the need for the information and proposed use: The 
Budget Worksheet allows certain owners of multifamily hosing projects 
to plan for expected increases in expenditures. Those owners are 
required to submit the Budget Worksheet when requesting a rent 
increase. The Department of Housing and Urban Development uses the 
Budget Worksheet as a tool for determining the reasonableness of 
expense increases.
    Agency form numbers, if applicable: HUD-92547-A.
    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 
12,500, frequency of responses is once a year, annual reporting hours 
are 15 minutes for project bookkeepers, and 1 hour for project managers 
for a total annual burden of 15,625 hours.
    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: July 9, 1999.
William C. Apgar,
Assistant Secretary for Housing-Federal Housing Commissioner.
[FR Doc. 99-17980 Filed 7-14-99; 8:45 am]
BILLING CODE 4210-27-M