[Federal Register Volume 78, Number 192 (Thursday, October 3, 2013)]
[Notices]
[Pages 61378-61379]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-24258]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5689-N-09]


60 Day Notice of Proposed Information Collection for Public 
Comment: Survey of Market Absorption of New Multifamily Units

AGENCY: Office of Policy Development and Research, HUD.

ACTION: Notice.

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SUMMARY: HUD is seeking approval from the Office of Management and 
Budget (OMB) for the information collection described below. In 
accordance with the Paperwork Reduction Act, HUD is requesting comment 
from all interested parties on the proposed collection of information. 
The purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: December 2, 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: Colette Pollard, Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 7th Street SW., Room 4176, Washington, DC 20410-5000, telephone 
(202) 402-3400 (this is not a toll-free number) or email

[[Page 61379]]

at [email protected] for a copy of the proposed forms or other 
available information. Persons with hearing or speech impairments may 
access this number through TTY by calling the toll-free Federal Relay 
Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW., Washington, DC 20410, email Colette Pollard at 
[email protected] or telephone (202) 402-3400. This is not a 
toll-free number. Persons with hearing or speech impairments may access 
this number through TTY by calling the toll-free Federal Relay Service 
at (800) 877-8339.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Pollard.

SUPPLEMENTARY INFORMATION: The Department of Housing and Urban 
Development will submit the proposed information collection package to 
OMB for review as required by the Paperwork Reduction Act of 1995 (44 
U.S.C. Chapter 35, as amended).

A. Overview of Information Collection

    Title of Information Collection: Survey of Market Absorption of New 
Multifamily Units.
    OMB Control Number: 2528-0013 (Expires 5/31/2014).
    Form Number: H-31.
    Type of Review: Regular Submission.
    Description of the need for the information and proposed use: The 
Survey of Market Absorption (SOMA) provides the data necessary to 
measure the rate at which new rental apartments and new condominium 
apartments are absorbed, that is, taken off the market, usually by 
being rented or sold, over the course of the first twelve months 
following completion of a building. The data are collected at quarterly 
intervals until the twelve months conclude, or until the units in a 
building are completely absorbed. The survey also provides estimates of 
certain characteristics, including asking rent/price, number of units, 
and number of bedrooms. The survey provides a basis for analyzing the 
degree to which new apartment construction is meeting the present and 
future needs of the public. Beginning April 2014, the survey will 
transition from paper questionnaire to Computer-Assisted Personal 
Interviewing (CAPI).
    Members of affected public: Rental Agents/Builders.
    Estimated Number of Respondents: 12,000 yearly (maximum).
    Estimated Time Per Response: 15 minutes/initial interview and 5 
minutes for any subsequent interviews (up to three additional, if 
necessary).
    Frequency of Response: Four times (maximum).
    Estimated Total Annual Burden Hours: 6,000 (12,000 buildings x 30 
minutes).
    Estimated Total Annual Cost: The only cost to respondents is that 
of their time. The total estimated cost in FY 2014 is $1,750,000.
    Respondent's Obligation: Voluntary .
    Legal Authority: The survey is taken under Title 12, United States 
Code, Section 1701Z.

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected parties concerning the collection of information described in 
Section A on the following:
    (1) 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) The accuracy of the agency's estimate of the burden of the 
proposed collection of information;
    (3) Ways to enhance the quality, utility, and clarity of the 
information to be collected; and
    (4) Ways to 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.
    HUD encourages interested parties to submit comments in response to 
these questions. Comments submitted in response to this notice will be 
summarized and/or included in the request for OMB approval of this 
information collection. Submitted comments will become a matter of 
public record.

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

    Dated: September 27, 2013.
Jean Lin Pao,
General Deputy Assistant Secretary, Office of Policy Development and 
Research.
[FR Doc. 2013-24258 Filed 10-2-13; 8:45 am]
BILLING CODE 4210-67-P