[Federal Register Volume 86, Number 233 (Wednesday, December 8, 2021)]
[Notices]
[Page 69673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26556]



[[Page 69673]]

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7034-N-69]


30-Day Notice of Proposed Information Collection: Operating Fund 
Shortfall Program Financial Reporting and Monitoring, OMB Control No.: 
2577-New

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: January 7, 2022.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/Start Printed Page 
15501PRAMain. Find this particular information collection by selecting 
``Currently under 30-day Review--Open for Public Comments'' or by using 
the search function.

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. 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 September 17, 2021 at 86 FR 51011.

A. Overview of Information Collection

    Title of Information Collection: OpFund Shortfall Program Financial 
Reporting and Monitoring.
    OMB Control Number: 2577-New.
    Type of Request: New.
    Agency Form Numbers: HUD-XXXXX, HUD-XXXXX, HUD-XXXXX, HUD-XXXXX, 
HUD-52574.
    Description of the Need for the Information and Proposed Use:
    The Shortfall Program has been in operation for two years and was 
created through annual Appropriations laws providing a $25 million set-
aside in the Public Housing Fund to assist Public Housing Agencies 
(PHAs) experiencing or at risk of financial shortfalls. The program 
targets PHAs with the lowest Public Housing reserves. Funding is 
allocated to raise PHAs' reserves to two months of expenses. The 
calculation that determines this value is outlined in Section 4 of the 
Shortfall Notice: PIH-2021-12. Along with the infusion of funds, PHAs 
create Improvement Plans to improve their financial situation and 
address financial issues. However, without a Paperwork Reduction Act 
(PRA) approved information collection, it is difficult to monitor the 
PHAs financial changes and successes in an expeditious way. OMB 
requested that PIH begin to collect enough information from PHAs to 
evaluate the efficacy of the program in improving PHA's financial 
situation. This PRA information collection is being submitted to 
improve the effectiveness of the program (through monitoring and risk 
management) which ultimately helps the PHAs reach sustainable financial 
success. This PRA information collection will include a short-form 
budget for PHAs to report their budget and actuals through the year so 
that financial and operational performance can be evaluated; an Action 
Item Template, which will increase accountability towards making 
financial improvements; and Shortfall Program Application and Appeal 
forms. These forms will be accessible to PHA and HUD staff through a 
web-based portal to increase operational efficiency.
    Respondents (i.e. affected public): Public Housing Agencies.
    Estimated Number of Respondents: 3,300.
    Estimated Number of Responses: 4,274.
    Frequency of Response: Varies.
    Average Hours per Response: .55.
    Total Estimated Burdens: 537.5.
    Burden hours for form(s) showing zero burden hours in this 
collection are reflected in the OMB approval number cited or do not 
have a reportable burden.

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the pubic 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 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.
    (5) Ways to minimize the burden of the collection of information on 
those who are to respond, including the use of automated collection 
techniques or other forms of information technology.
    HUD encourages interested parties to submit comment in response to 
these questions.

C. Authority

    Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 
chapter 35.

Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2021-26556 Filed 12-7-21; 8:45 am]
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