[Federal Register Volume 76, Number 149 (Wednesday, August 3, 2011)]
[Notices]
[Pages 46831-46832]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-19585]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5480-N-75]


Notice of Submission of Proposed Information Collection to OMB 
Mortgagor's Certification of Actual Cost

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.
    The Mortgagor's Certificate of Actual Cost is submitted by the 
mortgagor to certify actual costs of development in order to make an 
informed determination of mortgage insurance acceptability and to 
prevent windfall profits. Its use provides a base for evaluating 
housing programs, labor costs, and physical improvements in connection 
with the construction of multifamily housing.

DATES: Comments Due Date: September 2, 2011.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal.
    Comments should refer to the proposal by name and/or OMB approval 
Number (2502-0112) and should be sent to: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; e-mail [email protected] fax: 202-395-5806.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Colette Pollard at 
[email protected]; or telephone (202) 402-3400. This is not a 
toll-free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Pollard.

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: Mortgagor's Certification of Actual Cost.
    OMB Approval Number: 2502-0112.
    Form Numbers: None.
    Description of the Need for the Information and its Proposed Use: 
The Mortgagor's Certificate of Actual Cost is submitted by the 
mortgagor to certify actual costs of development in order to make an 
informed determination of mortgage insurance acceptability and to 
prevent windfall profits. Its use provides a base for evaluating 
housing programs, labor costs, and physical improvements in connection 
with the construction of multifamily housing.
    Frequency of Submission: On occasion.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x     responses      =    Burden hours
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Reporting Burden....................             419                1   ..               8   ..           3,352
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[[Page 46832]]

    Total Estimated Burden Hours: 1,457.
    Status: Extension without change of a currently approved 
collection.

    Authority:  Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.
    Dated: July 27, 2011.

 Colette Pollard,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2011-19585 Filed 8-2-11; 8:45 am]
BILLING CODE 4210-67-P