[Federal Register Volume 71, Number 173 (Thursday, September 7, 2006)]
[Notices]
[Pages 52814-52815]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-14754]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5037-N-59]


Notice of Submission of Proposed Information Collection to OMB; 
Request for Approval of Advance of Escrow Funds

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.
    The information is collected to ensure that escrowed funds are 
disposed of correctly for completion of offsite facilities, 
construction changes, construction cost not paid at final endorsement, 
non-critical repairs and capital needs assessment. The mortgagor uses 
the data to request withdrawal of escrowed funds for each item through 
a depository (mortgagee), and the HUD staff must use the information to 
approve the withdrawal of escrowed funds for each item.

DATES: Comments Due Date: October 10, 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 (2502-0018) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-6974.

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 [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://hlannwp031.hud.gov/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: Request for Approval of Advance of Escrow Funds.
    OMB Approval Number: 2502-0018.
    Form Numbers: HUD-92464.
    Description of the Need for the Information and Its Proposed Use: 
The information is collected to ensure that escrowed funds are disposed 
of correctly for completion of offsite facilities, construction 
changes, construction cost not paid at final endorsement, non-critical 
repairs and capital needs assessment. The mortgagor uses the data to 
request withdrawal of escrowed funds for each item through a depository 
(mortgagee), and the HUD staff must use the information to approve the 
withdrawal of escrowed fund for each item.
    Frequency of Submission: Monthly.

 
Reporting Burden:...................             624                3   ..            0.43   ..             819
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[[Page 52815]]

    Total Estimated Burden Hours: 819.
    Status: Reinstatement, with change, of previously approved 
collection.

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

    Dated: August 31, 2006.
Lillian L. Deitzer,
Department Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
 [FR Doc. E6-14754 Filed 9-6-06; 8:45 am]
BILLING CODE 4210-67-P