[Federal Register Volume 71, Number 137 (Tuesday, July 18, 2006)]
[Notices]
[Pages 40732-40733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-11361]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5037-N-48]


Multifamily Housing Mortgage and Housing Assistance Restructuring 
Program (Mark to Market)

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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.
    Information to analyze and reduce rents to market and restructure 
mortgages on multifamily properties with FHA insurance and Section 8 
project-based assistance whose Section 8 rents exceed market rents. The 
program reduces Section 8 rents to market and restructures debt as 
necessary.

DATES: Comments Due Date: August 17, 2006.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0533) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-6974.

[[Page 40733]]


FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at [email protected] or telephone (202) 708-2374. This is not a toll free 
number. Copies of available documents submitted to OMB may be obtained 
from Ms. Deitzer or from HUD's Web site at http://www5.hud.gov:63001/po/i/icbts/collectionsearch.cfm.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate whether the proposed collection of information 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 through 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 Approval Number: 2502-0533.
    Form Numbers: HUD-9624, HUD-9625.
    Description of the Need for the Information and its Proposed Use: 
Information to analyze and reduce rents to market and restructure 
mortgages on multifamily properties with FHA insurance and Section 8 
project-based assistance whose Section 8 rents exceed market rents. The 
program reduces Section 8 rents to market and restructures debt as 
necessary.
    Frequency of Submission: On occasion, Annually.

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                                       Number of          Annual              Hours per
                                      respondents       responses      x       response      =     Burden hours
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Reporting Burden..................             104                6   ...            1.06   ...             663
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    Total Estimated Burden Hours: 663.
    Status: Extension of a currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: July 12, 2006.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E6-11361 Filed 7-17-06; 8:45 am]
BILLING CODE 4210-67-P