[Federal Register Volume 78, Number 207 (Friday, October 25, 2013)]
[Notices]
[Pages 64145-64146]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-25198]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5683-N-92]


30-Day Notice of Proposed Information Collection: Housing Finance 
Agency Risk-Sharing Program

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD has submitted the proposed information collection 
requirement described below to the Office of Management and Budget 
(OMB) for review, in accordance with the Paperwork Reduction Act. The 
purpose of this notice is to allow for an additional 30 days of public 
comment.

DATES: Comments Due Date: November 25, 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: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax: 202-395-5806. Email: [email protected].

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. Persons with hearing 
or speech impairments may access this number through TTY by calling the 
toll-free Federal Relay Service at (800) 877-8339. 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 HUD has 
submitted to OMB a request for approval of the information collection 
described in Section A. The Federal Register notice that solicited 
public comment on the information collection for a period of 60 days 
was published on August 27, 2013.

A. Overview of Information Collection

    Title of Information Collection: Housing Finance Agency Risk-
Sharing Program.
    OMB Approval Number: 2502-0500.
    Type of Request: Extension of currently approved.
    Form Number: HUD-94195, HUD-94196, HUD-94193, HUD-94194, HUD-94192.
    Description of the Need for the Information and Proposed Use: 
Section

[[Page 64146]]

542 of the Housing and Community Development Act of 1992 directs the 
Secretary to implement risk sharing with State and local housing 
finance agencies (HFAs). Under this program, HUD provides full mortgage 
insurance on multifamily housing projects whose loans are underwritten, 
processed, and serviced by HFAs. The HFAs will reimburse HUD a certain 
percentage of any loss under an insured loan depending upon the level 
of risk the HFA contracts to assume. The Department requires 
information collection of loan origination, loan closing, loan 
management, and servicing in accordance with 25 CFR 266 and HUD 
Handbook 4590.01. This information must be available to the Department 
to assess participating HFAs compliance with program.
    Respondents (i.e. affected public): Business and other for profit.
    Estimated Annual Reporting and Recordkeeping Burden: The number of 
Estimated Number of Respondents: 915. Estimated Number of Responses: 
14,808. Frequency of Response: Annually, Semi-annually, and on 
Occasion. Average Hours per Response: 30 minutes to 35. Total Estimated 
Burden: 28,919.

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 comment in 
response to these questions.

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

    Dated: October 17, 2013.
Colette Pollard,
Department Reports Management Officer Office of the Chief Information 
Officer.
[FR Doc. 2013-25198 Filed 10-24-13; 8:45 am]
BILLING CODE 4210-67-P