[Federal Register Volume 77, Number 6 (Tuesday, January 10, 2012)]
[Notices]
[Pages 1497-1498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-252]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5610-N-01]


Notice of Proposed Information for Public Comment for: Public/
Private Partnerships for the Mixed-Finance Development of Public 
Housing Units

AGENCY: Office of the Chief Information Officer, 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.
    The 1998 Public Housing Reform Act allowed the Mixed-Finance 
development of public housing units. This meant that Public Housing 
Authorities (PHAs) could create public housing projects using public 
housing grant or capital funds and non-HUD sources of funds, subject to 
HUD's approval. This Information Collection pertains to the information 
that HUD collects to perform due diligence in order to approve the 
mixed-finance development of public housing prior to a financial 
closing and the start of construction or rehabilitation activities. 
Applicants describe ownership, the type, size, and number of units, 
construction schedule, construction and permanent financing, property 
management, how public housing operating subsidy will be provided to 
the project and other operation plans. New developments may be made up 
of a variety of housing types: rental, homeownership, private, 
subsidized, and public housing. These new communities are built for 
residents with a wide range of incomes, and are

[[Page 1498]]

designed to fit into the surrounding community.

DATES: Comments Due Date: March 12, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and OMB 
Control Number (2577-New) 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: Colette Pollard., Departmental Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 Seventh Street SW., Room 4176, Washington, DC 20410; telephone: 
(202) 402-3400, (this is not a toll-free number) or email Ms. Pollard 
at [email protected].

SUPPLEMENTARY INFORMATION: The Department will submit 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 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: Public/Private Partnerships for the Mixed-
Finance Development of Public Housing Units.
    OMB Control Number, if applicable: 2577-New.
    Description of the need for the information and proposed use: HUD 
is requesting a new, separate OMB Control Number for all existing 
information collection documents needed to perform due diligence before 
approving a Mixed-Finance financial closing and committing HUD public 
housing funds to the development of a Mixed-Finance project. Most of 
the information collection documents included in this request resolve 
PRA non-compliance issues. The documents are currently collected by 
HUD, have been standardized or modified to decrease burden hours. One 
new document automates existing manual financial calculations.
    Agency form numbers, if applicable: HUD-50030, HUD-50029, HUD-
50150, HUD-50151, HUD-50154, HUD-50155.
    Members of Affected Public: State and Local Governments, Public 
Housing Agencies, Real Estate Developers, Public Housing Residents.
    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 estimated number of respondents is 
130 annually, responding once with each housing development financial 
closing, with 920 annual responses. The total reporting burden is 
16,995 hours.
    Status of the proposed information collection: Existing collection 
pending an OMB control number.

    Authority: section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. chapter 35, as amended.

    Dated: December 28, 2011.
Merrie Nichols-Dixon,
Deputy Director for Office of Policy, Program and Legislative 
Initiatives.
[FR Doc. 2012-252 Filed 1-9-12; 8:45 am]
BILLING CODE 4210-67-P