[Federal Register Volume 71, Number 228 (Tuesday, November 28, 2006)]
[Notices]
[Pages 68825-68826]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-20040]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5041-N-48]


Notice of Proposed Information Collection: Comment Request; 
Application for Mortgage Insurance for Cooperative and Condominium 
Housing

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: January 29, 2007.

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 Dietzer, Reports 
Management Officer, Department of Housing and Urban Development, 451 
7th Street, SW., Room 4178, Washington, DC 20410 or [email protected].

FOR FURTHER INFORMATION CONTACT: Joseph Malloy, Deputy Director, Office 
of Multifamily 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 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 Mortgage Insurance for 
Cooperative and Condominium Housing.
    OMB Control Number, if applicable: 2502-0141.
    Description of the need for the information and proposed use: HUD 
uses the information collected to analyze specific project information 
including financial data, cost data, drawings, and specifications to 
determine whether a cooperative or condominium project is eligible for 
FHA mortgage insurance. HUD technical specialists in appraisal, cost, 
architecture, and mortgage credit determine if the project is eligible 
for mortgage insurance and analyze information provided. If the 
information were not collected and analyzed, the Department would have 
to rely solely on a sponsor's undocumented request, and the Department 
could expect to sustain substantial losses to the FHA Insurance Fund.
    Agency form numbers, if applicable: HUD-93201.
    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 hours 
needed to prepare the information collection is 90 hours; the number of 
respondents is 15; the frequency of response is on occasion; and the 
number of hours per response is 4 hours for reporting and 2 hours for 
recordkeeping.
    Status of the proposed information collection: This is a 
reinstatement of collection 2502-0141.


    Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.


[[Page 68826]]


    Dated: November 20, 2006.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
 [FR Doc. E6-20040 Filed 11-27-06; 8:45 am]
BILLING CODE 4210-67-P