[Federal Register Volume 68, Number 53 (Wednesday, March 19, 2003)]
[Notices]
[Page 13320]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-6607]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4820-N-08]


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

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: May 19, 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: Beverly Miller, Director, Office of 
Multifamily Asset Management, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-3730 (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: Budget-Based Rent Increase.
    OMB Control Number, if applicable: 2502-0324.
    Description of the need for the information and proposed use: This 
information is necessary to allow certain owners of multifamily housing 
projects to plan for expected increases in expenditures. The 
information will be used to determine 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 generating approximately 25,000 annual responses; the frequency 
of response is annually; the estimated time needed to prepare the 
response varies from 15 minutes to 1 hour; and the estimated total 
number of hours needed to prepare the information collection is 15,625.
    Status of the proposed information collection: Extension of a 
currently approved collection.

    Authority: The Paperwork Reduction Act of 1955, 44 U.S.C., 
Chapter 35, as amended.

    Dated: March 12, 2003.
John C. Weicher,
Assistant Secretary for Housing-Federal Housing Commissioner.

Sean G. Cassidy,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. 03-6607 Filed 3-18-03; 8:45 am]
BILLING CODE 4210-27-M