[Federal Register Volume 66, Number 210 (Tuesday, October 30, 2001)]
[Notices]
[Page 54774]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-27315]



[[Page 54774]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4655-N-23]


Notice of Proposed Information Collection: Comment Request; 
Mortgagor's Certificate of Actual Cost

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.

DATES: Comments Due Date: December 31, 2001.

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., L'Enfant Building, Room 8202, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT: Michael McCullough, Director, Office 
of Multifamily Development, U.S. Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410, telephone 
number (202) 708-2866 (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 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 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: Mortgagor's Certificate of Actual Cost.
    OMB Control Number, if applicable: 2502-0112.
    Description of the need for the information and proposed use: HUD 
Form-92330 is used to obtain data from the mortgagor relative to the 
actual cost of the project. The mortgagor is required by law to create 
and maintain records necessary to audit project costs at final 
endorsement. The actual data is reviewed by HUD staff to determine that 
the mortgagor's originally endorsed mortgage is supported by the 
applicable percentage of approved costs. Failure to receive and review 
the cost certification data would result in the Department's over 
insurance of the mortgage in violation of the law.
    Agency form numbers, if applicable: HUD-92330.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: An estimation of the total number of 
hours needed to prepare the information collection is 4,000. The number 
of respondents is 500. The number of hours per response is 8. The form 
is submitted only once during the final endorsement period of the 
mortgage.
    Status of the proposed information collection: Reinstatement, 
without change, of previously approved collection for which approval 
has expired.

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

    Dated: October 12, 2001.
Sean Cassidy,
General Deputy Assistant Secretary for Housing, Federal Housing 
Commissioner.
[FR Doc. 01-27315 Filed 10-29-01; 8:45 am]
BILLING CODE 4210-27-M