[Federal Register Volume 75, Number 94 (Monday, May 17, 2010)]
[Notices]
[Pages 27572-27573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-11637]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5376-N-34]


Monthly Report of Excess Income and Annual Report of Uses of 
Excess Income

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.
    Project owners are permitted to retain Excess Income for projects 
under terms and conditions established by HUD. Owners must request to 
retain some or all of their Excess Income. The request must be 
submitted through http://www.pay.gov at least 90 days before the 
beginning of each fiscal year, or 90 days before any other time during 
a fiscal year that the owner plans to begin retaining excess income for 
that fiscal year. HUD uses the information to ensure that required 
excess rents are remitted to the Department and/or retained by the 
owner.

DATES: Comments Due Date: June 16, 2010.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0086) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806.

FOR FURTHER INFORMATION CONTACT: Leroy McKinney Jr., Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Leroy McKinney Jr. at 
[email protected] or telephone (202) 402-5564. This is not a 
toll-free number. Copies of available documents submitted to OMB may be 
obtained from Mr. McKinney.

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: Monthly Report of Excess Income and Annual 
Report of Uses of Excess Income.
    OMB Approval Number: 2502-0086.
    Form Numbers: None--form HUD-93104 has been retired.
    Description of the Need for the Information and its Proposed Use: 
Project owners are permitted to retain Excess Income for projects under 
terms and conditions established by HUD. Owners must submit a written 
request to retain some or all of their Excess Income. The request must 
be submitted at least 90 days before the beginning of each fiscal year, 
or 90 days before any other time during a fiscal year that the owner 
plans to begin retaining excess income for that fiscal year. HUD uses 
the information to ensure that required excess rents are remitted to 
the

[[Page 27573]]

Department and/or retained by the owner.
    Frequency of Submission: Monthly, Annually.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................           2,506            8,049   ..           0.272   ..           5,493
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    Total Estimated Burden Hours: 5,493.
    Status: Extension of a currently approved collection.

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

    Dated: May 10, 2010.
Leroy McKinney, Jr.,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2010-11637 Filed 5-14-10; 8:45 am]
BILLING CODE 4210-67-P