[Federal Register Volume 79, Number 163 (Friday, August 22, 2014)]
[Notices]
[Pages 49793-49794]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-20023]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5758-N-13]


60 Day Notice of Proposed Information Collection: 2015 Rental 
Housing Finance Survey

AGENCY: Office of Policy Development and Research, HUD.

ACTION: Notice.

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SUMMARY: The Department of Housing and Urban Development (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: October 21, 2014.

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 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: HUD 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: 2015 Rental Housing Finance 
Survey.
    OMB Control Number: 2528-0276.
    Type of Review: Regular Submission.
    Description of the need for the information and proposed use: The 
Rental Housing Finance Survey (RHFS) provides a measure of financial, 
mortgage, and property characteristics of rental housing properties in 
the United States. The RHFS focuses on mortgage financing of rental 
housing properties, with emphasis on new originations for purchase-
money mortgages and refinancing, and the characteristics of these new 
originations.
    The 2015 RHFS will collect data on property values of residential 
structures, characteristics of residential structures, rental status 
and rental value of units within the residential structures, commercial 
use of space within residential structures, property management status, 
ownership status, a detailed assessment of mortgage financing, and 
benefits received from Federal, state, local, and non-governmental 
programs.
    Many of the questions are the same or similar to those found on the 
1995 Property Owners and Managers Survey, the rental housing portion of 
the 2001 Residential Finance Survey, and the 2012 RHFS. This survey 
does not duplicate work done in other existent HUD surveys or studies 
that deal with rental units financing.
    Policy analysts, program managers, budget analysts, and 
Congressional staff can use the survey's results to advise executive 
and legislative branches about the mortgage finance characteristics of 
the rental housing stock in the United States and the suitability of 
public policy initiatives. Academic researchers and private 
organizations will also be able to utilize the data to facilitate their 
research and projects.
    HUD needs the RHFS data for the following two reasons:
    1. This is the only source of information on the rental housing 
finance characteristics of rental properties.
    2. To gain a better understanding of the mortgage finance 
characteristics of the rental housing stock in the United States to 
evaluate, monitor, and design HUD programs.
    Members of affected public: For profit businesses (Owners and 
managers of rental properties)
    Estimated Number of Respondents: 9,313.
    Estimated Time per Response: 60 minutes.
    Frequency of Response: One time every two years.
    Estimated Total Annual Burden Hours: 6,486.
    Estimated Total Annual Cost: The only cost to respondents is that 
of their time. The total estimated cost is $6,900,000.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C. Section 9(a), and Title 12, 
U.S.C., Section 1701z-1 et seq.

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. 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.


[[Page 49794]]


    Date: August 15, 2014.
Katherine O'Regan,
Assistant Secretary for Office of Policy Development and Research.
[FR Doc. 2014-20023 Filed 8-21-14; 8:45 am]
BILLING CODE 4210-67-P