[Federal Register Volume 72, Number 140 (Monday, July 23, 2007)]
[Notices]
[Pages 40163-40164]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-14174]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5117-N-59]


Notice of Submission of Proposed Information Collection to OMB; 
Financial Standards for Housing Agency-Owned Insurance Entities

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.
    Public Housing Agencies (PHAs) can purchase insurance coverage from 
a nonprofit insurance entity owned and controlled by PHAs which are 
approved by HUD. PHA-owned insurance entities must submit certain 
documentation to HUD and also submit audit and actuarial reviews to 
HUD.

DATES: Comments Due Date: August 22, 2007.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval number (2577-0186) 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, Departmental 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://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

[[Page 40164]]

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: Financial Standards for Housing Agency-Owned 
Insurance Entities.
    OMB Approval Number: 2577-0186.
    Form Numbers: None.
    Description of the Need for the Information and Its Proposed Use: 
Public Housing Agencies (PHAs) can purchase insurance coverage from a 
nonprofit insurance entity owned and controlled by PHAs which are 
approved by HUD. PHA-owned insurance entities must submit certain 
documentation to HUD and also submit audit and actuarial reviews to 
HUD.
    Frequency of Submission: Annually.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting burden:...................              29                1   ..            6.55   ..             190
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    Total Estimated Burden Hours: 190.
    Status: Extension of a current collection.

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

    Dated: July 17, 2007.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
 [FR Doc. E7-14174 Filed 7-20-07; 8:45 am]
BILLING CODE 4210-67-P