[Federal Register Volume 72, Number 171 (Wednesday, September 5, 2007)]
[Notices]
[Pages 50973-50974]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-17487]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5121-N-27]


Notice of Proposed Information Collection: Comment Request; 
Continuation of Interest Reduction Payments After Refinancing Section 
236 Projects

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: November 5, 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., L'Enfant Plaza Building, Room 8001, Washington, DC 
20410 or [email protected].

FOR FURTHER INFORMATION CONTACT: Kimberly R. Munson, Housing Program 
Manager, Office of Asset Management, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 
708-1320 (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: Continuation of Interest Reduction Payments 
after Refinancing Section 236 Projects.
    OMB Control Number, if applicable: 2502-NEW.
    Description of the need for the information and proposed use: The 
purpose of this information collection is to preserve low-income 
housing units. HUD uses the information to ensure that owners and 
mortgagees/public entities enter into binding agreements for 
continuation of Interest Reduction Payments (IRP) after refinancing 
certain Section 236 projects.
    Agency form numbers, if applicable: None.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of

[[Page 50974]]

respondents, frequency of response, and hours of response: The number 
of burden hours is estimated to be 1,343. The number of respondents is 
2,267, the frequency of response is based on the owner's request to 
refinance (averaged to date at 125 per year), the number of responses 
is 125, and the burden hour per response is 10.75.
    Status of the proposed information collection: This is a new 
collection.

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

    Dated: August 29, 2007.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
 [FR Doc. E7-17487 Filed 9-4-07; 8:45 am]
BILLING CODE 4210-67-P