[Federal Register Volume 65, Number 73 (Friday, April 14, 2000)]
[Notices]
[Pages 20185-20186]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-9288]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4561-N-27]


Notice of Submission of Proposed Information Collection to OMB; 
Advance of Escrow Funds

AGENCY: Office of the Chief Information Officer, 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 15, 2000.

ADDRESSES: Interested pesons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2502-0018) 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, Q, Department of Housing and Urban Development, 451 Seventh 
Street, Southwest, Washington, DC 20410; e-mail Wayne__Eddins@HUD. gov; 
telephone (202) 708-2374. 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

[[Page 20186]]

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 name and telephone number of an 
agency official familiar with the proposal and of the OMB Desk Officer 
for the Department.
    This Notice also lists the following information:
    Title of Proposal: Advance of Escrow Funds.
    OMB Approval Number: 2502-0018.
    Form Numbers: HUD-92464.
    Description of the Need for the Information and Its Proposed Use: 
Building loan agreements executed between a mortgagor and mortgagee 
provide for the advancement of progress payments during construction. 
The information collected here facililtates such advances of escrow 
funds upon approval of the Commissioner and architect's and inspector's 
certification.
    Respondents: Business or other for-profit entities and not-for-
profit entities.
    Frequency of Submission: On occasion.

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                                     Number of           Frequency of          Hours per
                                    respondents     x      response      x      response      =    Burden hours
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                                             525                    1                    2                1,050
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    Total Estimated Burden Hours: 1,050.
    Status: Reinstatement of previously approved collection.

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

    Dated: April 10, 2000.
Wayne Eddins,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 00-9288 Filed 4-13-00; 8:45 am]
BILLING CODE 4210-01-M