[Federal Register Volume 68, Number 63 (Wednesday, April 2, 2003)]
[Notices]
[Pages 16077-16078]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-7852]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4820-N-14]


Notice of Proposed Information Collection: Comment Request; 
Application for the Transfer of Physical Assets

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: June 2, 2003.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB

[[Page 16078]]

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 J. Miller, Director, Office of 
Multifamily Asset Management, Department of Housing and Urban 
Develoopment, 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; information 
technology, e.g., permitting electronic submission of responses.
    This Notice also lists the following information:
    Title of Proposal: Application for the Transfer of Physical Assets.
    OMB Control Number, if applicable: 2502-0275.
    Description of the need for the information and proposed use: The 
information collection is completed and submitted to HUD by prospective 
purchasers of properties with mortgages either HUD-insured or HUD-held 
before the transfer. HUD needs the information for approval of a 
transfer of physical assets. HUD uses the information to ensure that 
the project is not placed in physical, financial, or managerial 
jeopardy by the transfer.
    Agency form numbers, if applicable: HUD-92266.
    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 32,200; the 
number of respondents is 350 generating approximately 350 annual 
responses; the frequency of response is on occasion; and the estimated 
time needed to prepare the response is 92 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: March 26, 2003.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing--Deputy Federal Housing 
Commissioner
[FR Doc. 03-7852 Filed 4-1-03; 8:45 am]
BILLING CODE 4210-27-M