[Federal Register Volume 68, Number 76 (Monday, April 21, 2003)]
[Notices]
[Pages 19563-19564]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-9801]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-4820-N-18]


Notice of Proposed Information Collection: Comment Request; 
Request for Approval of Advance of Escrow Funds

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 20, 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 
Wayne--Eddins@hud,gov.

FOR FURTHER INFORMATION CONTACT: Michael McCullough, Director, Office 
of Multifamily Housing Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-1142 (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 Papework 
Reduction Act of 1995 (44 U.S.C. Chapter 35, as amended).
    This Notice is soliciting comments from members of the pubic 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., pertaining electronic submission of 
responses.
    This Notice also lists the following information:
    Title of Proposal: Request for Approval of Advance of Escrow Funds.
    OMB Control Number, if applicable: 2502-0018.
    Description of the need for the information and proposed use: The 
information needed from the ``Request for Approval of Advance of Escrow 
Funds'' form is to ensure that escrowed funds are disposed accurately 
for completion of offsite improvements, construction changes, non-
critical repairs pending completion or not paid at final endorsement, 
or mortgagor's unpaid construction cost at final endorsement. The 
mortgagor to request withdrawal of escrowed funds also uses the 
information collection.
    Agency form numbers, if applicable: HUD-92464.
    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 total number of burden 
hours needed to prepare the information collection is 1,050; the number 
of respondents is 525 generating approximately 525 annual responses; 
the frequency of response is on occasion; and the estimated time needed 
to prepared the response is 2 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.


[[Page 19564]]


    Dated: April 14, 2003.
Sean G. Cassidy,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
[FR Doc. 03-9801 Filed 4-18-03; 8:45 am]
BILLING CODE 4210-27-M