[Federal Register Volume 73, Number 37 (Monday, February 25, 2008)]
[Notices]
[Pages 10044-10045]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-3524]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5187-N-05]


Continuation of Interest Reduction Payments After Refinancing 
Section 236 Projects

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.
    Owners of section 236 projects may submit information to HUD to 
request continuation of interest reduction payments after refinancing. 
As part of these refinancing transactions, HUD requires the execution 
of interest Reduction Payment Agreements and Use Agreements. HUD uses 
the information to ensure that projects are maintained as low-income 
housing resources.

DATES: Comments Due Date: March 26, 2008.

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-NEW) 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

[[Page 10045]]

Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at [email protected] or telephone (202) 402-8048. This is not a toll-free 
number. Copies of available documents submitted to OMB may be obtained 
from Ms. Deitzer.

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: Continuation of Interest Reduction Payments 
after Refinancing Section 236 Projects.
    OMB Approval Number: 2502-NEW.
    Form Numbers: HUD-93173, HUD-93174, HUD-93175, HUD-93176.
    Description of the Need for the Information and Its Proposed Use: 
Owners of Section 236 projects may submit information to HUD to request 
continuation of interest reduction payments after refinancing. As part 
of these refinancing transactions, HUD requires the execution of 
interest Reduction Payment Agreements and Use Agreements. HUD uses the 
information to ensure that projects are maintained as low-income 
housing resources.
    Frequency of Submission: On occasion.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................           2,267            0.498   ..              11   ..           1,300
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    Total Estimated Burden Hours: 1,300.
    Status: New Collection.

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

    Dated: February 20, 2008.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
 [FR Doc. E8-3524 Filed 2-22-08; 8:45 am]
BILLING CODE 4210-67-P