[Federal Register Volume 73, Number 53 (Tuesday, March 18, 2008)]
[Notices]
[Page 14477]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-5366]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5191-N-05]


Notice of Proposed Information Collection: Comment Request; 
Disposition of HUD-Owned Single Family Assets in Asset Control Areas

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

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: May 19, 2008.

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 Deitzer, Departmental 
Reports Management Officer, QDAM, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410; e-mail 
[email protected] or telephone (202) 402-8048.

FOR FURTHER INFORMATION CONTACT: Vance T. Morris, Director, Office of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-2121 (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: Single Family Housing--Disposition of HUD-Owned 
Single Family Assets in Asset Control Areas.
    OMB Control Number, if applicable: 2502-NEW.
    Description of the need for the information and proposed use:
    The proposed rule would promulgate regulations for HUD's ``Asset 
Control Areas'' (ACA) program. The ACA program permits the sale of HUD-
held single-family homes and mortgage assets available for sale at a 
discount to units of general local government, states, Indian tribes, 
nonprofit organizations and for-profit entities to provide 
homeownership opportunities and to promote neighborhood revitalization.
    The information requested is required for the administration and 
oversight of the ACA program. Specifically, HUD will be able to 
ascertain whether ACA participants are adhering to eligible purchaser, 
rehabilitation, resale price, etc. requirements imposed by HUD as a 
condition of receiving ACA properties at a discount.
    Agency form numbers, if applicable: None.
    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 number of burden hours is 2,091. 
The number of respondents is 18, the total number of annual responses 
is 360, the frequency of response is on occasion, and the average 
burden hour per response is 6.
    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: March 12, 2008.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing 
Commissioner.
 [FR Doc. E8-5366 Filed 3-17-08; 8:45 am]
BILLING CODE 4210-67-P