[Federal Register Volume 71, Number 141 (Monday, July 24, 2006)]
[Notices]
[Page 41827]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-6434]



[[Page 41827]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5041-N-26]


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

AGENCY: Office of the Assistant Secretary for Housing, 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: September 22, 2006.

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: Lillian Deitzer, Reports 
Management Officer, Department of Housing and Urban Development, 451 
7th Street, SW., L'Enfant Building, Room 8001, Washington, DC 20410 or 
[email protected].

FOR FURTHER INFORMATION CONTACT: Kimberly R. Munson, Office of Asset 
Management, Department of Housing and Urban Development, 451 7th 
Street, SW., Room 6168, Washington, DC 20410, telephone number (202) 
708-3730 ext. 5122 (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: Application for Transfer of Physical Assets.
    OMB Control Number, if applicable: 2520-0275.
    Description of the need for the information and proposed use: The 
information collected is completed and submitted to HUD by prospective 
purchasers of properties with mortgages either HUD-insured or HUD-held 
prior to conveying the title. HUD uses the information submitted to 
determine the suitability of new owners and managers of multifamily 
projects and to ensure the legal and administrative sufficiency of the 
proposal.
    Agency form numbers, if applicable: HUD-92266.
    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 number of hours 
needed to prepare the information collection is 34,825; the number of 
respondents is estimated to be 350; the frequency of responses is 1; 
the estimated time to prepare the information is approximately 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: July 18, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing--Deputy Federal Housing 
Commissioner.
[FR Doc. 06-6434 Filed 7-21-06; 8:45 am]
BILLING CODE 4210-67-M