[Federal Register Volume 75, Number 27 (Wednesday, February 10, 2010)]
[Notices]
[Page 6683]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-2834]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5380-N-07]


Notice of Proposed Information Collection: Comment Request; 
Technical Processing Requirements for Multifamily Project Mortgage 
Insurance

AGENCY: Office of the Assistant Secretary for Housing, 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: April 12, 2010.

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 or the number for 
the Federal Information Relay Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Joyce Allen, 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: Technical Processing Requirements for 
Multifamily Project Mortgage Insurance.
    OMB Control Number, if applicable: 2502-New.
    Description of the need for the information and proposed use: The 
information collection is analyzed by HUD during the four technical 
discipline phases of an application for mortgage insurance--
underwriting, valuation, architectural, and mortgage credit analysis. 
HUD performs each phase during the application process to ensure the 
financial, physical, and environmental soundness of the project, as 
well as the potential insurance risk. Sponsors, mortgagors and 
contractors are required to undergo a thorough examination to determine 
their solvency, reliability, past experience, and dependability to 
develop, build, and operate the type of multifamily housing project 
they propose.
    Agency form numbers, if applicable: HUD-92466, HUD-2456, HUD-92450, 
HUD-92443, HUD-3305, HUD-3306, HUD-92403.1, FHA-2415, HUD-92283, FHA-
2455, FHA-1710, HUD-92433, and FHA 2459.
    Estimation of the total number 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 9,250. 
The number of respondents is 9,250. The estimated number of annual 
responses is 11,050. The frequency of each response is once for each 
application submitted for mortgage insurance.
    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: February 4, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2010-2834 Filed 2-9-10; 8:45 am]
BILLING CODE 4210-67-P