[Federal Register Volume 80, Number 196 (Friday, October 9, 2015)]
[Notices]
[Pages 61222-61224]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-25824]



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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5831-N-48]


30-Day Notice of Proposed Information Collection: 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: 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 9, 2015.

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, QMAC, 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: This notice informs the public that HUD is 
seeking approval from OMB for 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 July 
31, 2015 at 80 FR 45676.

A. Overview of Information Collection

    Title of Information Collection: Public/Private Partnerships for 
the Mixed-Finance Development of Public Housing Unit.
    OMB Approval Number: 2577-0275.
    Type of Request: Reinstatment with change of a previously approved 
collection.
    Form Number: HUD-50156, HUD-50157, HUD-50158, HUD-50159, HUD-50160 
and HUD-50161.
    Description of the need for the information and proposed use: The 
Quality Housing and Work Responsibility Act of 1998 (Pub. L. 195-276, 
approved October 21, 1998), also known as the Public Housing Reform 
Act, created Section 35 of the U.S. Housing Act of 1937, 42 U.S.C. 
1437. Section 35 allows PHAs to own, operate, assist or otherwise 
participate in the development and operation of mixed-finance projects. 
Mixed-finance development refers to the development or rehabilitation 
of public housing, where the public housing units are owned in whole or 
in part by an entity other than a PHA. Prior to this, all public 
housing had to be developed and owned by a Public Housing Authority 
(PHA).
    However, Section 35 allowed PHAs to provide Section 9 capital and 
operating assistance to mixed-finance projects, which are also 
financially assisted by private and other resources. Private and other 
resources include tax credit equity, private mortgages and other 
federal, state or local funds. Section 35 also allows non-PHA owner 
entities to own and operate mixed-finance projects that contain both 
public housing and non-public housing units, or only public housing 
units. Along with public housing unit development, mixed-finance real 
estate development or rehabilitation transactions are used to extend 
public housing appropriations in housing development and to develop 
mixed-income housing, where public housing residents are anonymously 
mixed in with affordable and market rate housing residents.
    In order to approve the development of mixed-finance projects, HUD 
collects certain information from each PHA/Ownership Entity. Under 
current regulations, HUD collects and reviews the essential documents 
included in this ICR in order to determine whether or not approval 
should be given. After approval is given and the documents are recorded 
by the associated county, HUD collects the recorded versions of the 
documents in this ICR, along with all financing and legal agreements 
that the PHA/owner entity has with HUD and with third-parties in 
connection with that mixed-finance project. This includes unique legal 
documents along with standardized forms and ``Certifications and 
Assurances,'' which are not exempted under PRA. Regulations for the 
processing of mixed-finance public housing projects are at 24 CFR part 
905 subpart F (Sec.  905). Sec.  905 has replaced 24 CFR part 941 
Subpart F, which was cited in the supporting statement for the previous 
OMB approval of this information collection.
    This information is collected to ensure that the mixed-finance 
development effort has sufficient funds to reach completion, remain 
financially viable, and follow HUD legal and programmatic guidelines 
for housing project development or rehabilitation, ownership and use 
restrictions, as well as preserving HUD's rights to the project.
    PHAs must provide information to HUD before a proposal can be 
approved for mixed-finance development. Information on HUD-prescribed 
forms and in HUD-prescribed contracts and agreements provides HUD with 
sufficient information to enable a determination that funds should or 
should not be reserved or a contractual commitment made. Regulations at 
24 CFR part 905.606, ``Development Proposal'' states that a Mixed-
finance Development Proposal (Proposal) must be submitted to HUD in 
order to facilitate approval of the development of public housing. The 
subpart also lists the information that is required in the Proposal. 
The documentation required is submitted using the collection documents 
(ICs) in this ICR.
    Members of affected public: Public Housing Agencies, Developers.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

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                                                        Number of                         Total         Hours per                                    Total
                                     Form/ document    respondents      Frequency       responses       response       Total hours    Cost per hour   cost
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1. HUD-50157 Mixed-Finance                       60               1              60              16             960             $50         $48,000
 Development Proposal..............

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2. Supplementary Document: Unique                60               1              60              24           1,440              50          72,000
 Legal Document, Mixed-Finance
 Amendment to the Annual
 Contributions Contract............
3. Supplementary Document: Unique                60               1              60            0.25              15             225           3,375
 Legal Document, Mixed-Finance
 Declaration of Restrictive
 Covenants.........................
4. Supplementary Document: Unique                60               1              60              16             960             225         216,000
 Legal Document, Mixed-Finance
 Final Title Policy................
5. Supplementary Document: Unique                60               1              60               1              60             225          13,500
 Legal Document, Mixed-Finance
 Legal Opinion.....................
6. Supplementary Document: Unique                60               1              60             116           6,960             225       1,566,000
 Legal Documents, Mixed-Finance
 Evidentiaries.....................
7. Supplementary Document: Unique                60               1              60               8             480             225         108,000
 Legal Document, Regulatory and
 Operating Agreement...............
8. Supplementary Document: Unique                60               1              60               8             480             225         108,000
 Legal Document, Transition Plan...
9. HUD-50161 Mixed-Finance                       60               1              60            0.25              15              50             750
 Certifications and Assurances.....
10. Supplementary Document: Unique              110               1             110               8             880              50          44,000
 Legal Document, Site Acquisition
 Proposal..........................
11. Supplementary Document: Unique               50               1              50              80           4,000              50         200,000
 Legal Document, Development
 Proposal..........................
12. HUD-50156 Mixed-Finance                      60               1              60               1              60              50           3,000
 Development Proposal Calculator...
13. HUD-50059 Mixed-Finance                      20               1              20              16             320              50          16,000
 Homeownership Term Sheet..........
14. Supplementary Document: Unique               20               1              20              16             320             225          72,000
 Legal Document, Mixed-Finance
 Homeownership Addendum............
15. HUD-50158 Mixed-Finance                      20               1              20            0.25               5              50             250
 Homeownership Certifications and
 Assurances........................
16. HUD-50160 Mixed-Finance and                  80               1              80            0.25              20              50           1,000
 Homeownership Pre-Funding
 Certifications and Assurances.....

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17. Supplementary Document: Unique               20               1              20            0.25               5              50             250
 Legal Document, Mixed-Finance
 Homeownership Declaration of
 Restrictive Covenants.............
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    Totals.........................             130  ..............             920  ..............          16,980  ..............       2,472,125
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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:  12 U.S.C. 1701z-1 Research and Demonstrations.

    Dated: October 1, 2015.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2015-25824 Filed 10-8-15; 8:45 am]
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