[Federal Register Volume 68, Number 15 (Thursday, January 23, 2003)]
[Notices]
[Pages 3265-3266]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-1412]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4820-N-03]


Notice of Proposed Information Collection: Comment Request; 
Multifamily Housing Mortgage and Housing Assistance Restructuring 
Program (Mark-to-Market)

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, 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: March 24, 2003.

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 Plaza Building, Room 8003, Washington, DC 20410 or 
[email protected].

FOR FURTHER INFORMATION CONTACT: Barbara Chiapella, Deputy Director, 
Office of Multifamily Housing Assistance Restructuring, Department of 
Housing and Urban Development, 1280 Maryland Avenue, SW., Suite 4000, 
Washington, DC 20410; e-mail [email protected], telephone 
(202) 708-0001 (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 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: Multifamily Housing Mortgage and Housing 
Assistance Restructuring Program (Mark-to-Market).
    OMB Control Number, if applicable: 2502-0533.
    Description of the need for the information and proposed use: The 
Mark-to-Market Program is authorized under the Multifamily Assisted 
Housing Reform and Affordability Act of 1997. The information 
collection is required and will be used to determine the eligibility of 
FHA-insured multifamily properties for participation in the Mark-to-
Market program and the terms on which participation should occur. The 
program reduces Section 8 rents to market and restructures debt as 
necessary.
    Agency form numbers, if applicable: None.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The estimated total

[[Page 3266]]

number of hours needed to prepare the information collection is 
125,947; the number of respondents is 438 generating approximately 438 
annual responses; the frequency of response is on occasion and 
annually; and the estimated time needed to prepare each response varies 
from 99 hours to 320 hours.
    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: January 16, 2003.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing--Deputy Federal Housing 
Commissioner.
[FR Doc. 03-1412 Filed 1-22-03; 8:45 am]
BILLING CODE 4210-27-M