[Federal Register Volume 83, Number 40 (Wednesday, February 28, 2018)]
[Notices]
[Pages 8695-8696]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-04046]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7005-N-03]


60-Day Notice of Proposed Information Collection: Capital Needs 
Assessments-CNA e Tool

AGENCY: Office of the Assistant Secretary for Housing-Federal Housing 
Commissioner, 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: April 30, 2018.

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: Harry Messner, Office of Asset 
Management and Portfolio Oversight, Department of Housing and Urban 
Development, 451 7th Street SW, Washington, DC 20410; email Harry 
Messner at [email protected] or telephone (202) 402-2626. This is 
not a toll-free number. Persons with hearing or speech impairments may 
access this number through TTY by calling the toll-

[[Page 8696]]

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.

A. Overview of Information Collection

    Title of Information Collection: Capital Needs Assessment.
    OMB Approval Number: 2502-0505.
    Type of Request: Extension of a currently approved collection.
    Form Number: None.
    Description of the need for the information and proposed use: A 
Capital Needs Assessment is a detailed review of a property's expected 
capital expenditures over future years. It is needed to appropriately 
value a property, to determine financial sustainability, and to plan 
for funding of an escrow account to be used for capital repair and 
replacement needs during the estimate period. It is used by lenders, 
and property owners, developers, and HUD for valuation, underwriting, 
and asset management purposes.
    Respondents (i.e., affected public): Property owners, buyers, 
mortgage lenders, assisted housing providers, or those receiving rental 
assistance.
    Estimated Number of Respondents: 2,041.
    Estimated Number of Responses: 2,041.
    Frequency of Response: Once periodically.
    Average Hours per Response: 40 hours.
    Total Estimated Burden: 81,640 hours.

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: February 14, 2018.
Dana T. Wade,
General Deputy Assistant Secretary for Housing.
[FR Doc. 2018-04046 Filed 2-27-18; 8:45 am]
 BILLING CODE 4210-67-P