[Federal Register Volume 78, Number 59 (Wednesday, March 27, 2013)]
[Notices]
[Page 18622]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-07068]


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

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5687-N-13]


Notice of Proposed Information Collection; Comment Request: 
Monthly Report of Excess Income and Annual Report of Uses of Excess 
Income

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. HUD is 
soliciting public comments on the subject proposal.

DATES: Comments Due Date: May 28, 2013.

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: Reports Liaison Officer, 
Department of Housing and Urban Development, 451 7th Street SW., 
L'Enfant Plaza Building, Room 9120, Washington, DC 20410 or the number 
for the Federal Relay Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Eric Ramsey, Director, Business 
Relationships and Special Initiatives Division, Office of Asset 
Management, Department of Housing and Urban Development, 451 7th Street 
SW., Washington, DC 20410, telephone (202) 708-3944 (this is not a toll 
free number) for copies of the proposed forms and other available 
information.
    Harry Messner, Project Manager, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
402-2626 (this is not a toll free number) for copies of the proposed 
forms and other available information.

SUPPLEMENTARY INFORMATION: HUD 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: Monthly Report of Excess Income and Annual 
Report of Uses of Excess Income.
    OMB Control Number, if applicable: 2502-0086.
    Description of the need for the information and 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 Department and/or retained by the owner for project use.
    Agency form numbers, if applicable: Web form e-93104 Monthly Report 
of Excess Income.
    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 5,585. 
The number of respondents is 834, the number of responses is 19,361, 
the frequency of response is monthly, and the burden hour per response 
is three-quarters of an hour for the annual report of uses of excess 
income, and one-quarter hour for the monthly report of excess income.
    Status of the proposed information collection: This is an extension 
of a previous clearance.

    Authority:  The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: March 21, 2013.
Laura M. Marin,
Acting General Assistant Secretary for Housing-Acting General Deputy 
Federal Housing Commissioner.
[FR Doc. 2013-07068 Filed 3-26-13; 8:45 am]
BILLING CODE 4210-67-P