[Federal Register Volume 87, Number 38 (Friday, February 25, 2022)]
[Notices]
[Pages 10815-10816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03988]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7056-N-03]


60-Day Notice of Proposed Information Collection: Multifamily 
Housing Mortgage and Housing Assistance Restructuring Program (Mark-To-
Market); OMB Control No.: 2502-0533

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 26, 2022.

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: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

[[Page 10816]]

A. Overview of Information Collection

    Title of Information Collection: Multifamily Housing Mortgage and 
Housing Assistance Restructuring Program (Mark-to-Market).
    OMB Approval Number: 2502-0533.
    Type of Request: Extension of currently approved collection.
    Form Numbers: HUD-9624, HUD-9625, OPG 3.1, OPG 3.2, OPG 3.3, OPG 
3.4, OPG 4.1, OPG 4.2, OPG 4.3, OPG 4.4, OPG 4.7, OPG 4.8, OPG 4.10, 
OPG 4.11, OPG 4.12, OPG 5.4, OPG 5.5, OPG 6.5, OPG 7.4, OPG 7.6, OPG 
7.8, OPG 7.11, OPG 7.12, OPG 7.13, OPG 7.14, OPG 7.16, OPG 7.21, OPG 
7.22, OPG 7.23, OPG 7.25, OPG 9.10, OPG 9.11, OPG 11.1. In addition, 
the Post Mark-to-Market documents pending approval: (1) Accommodation 
Agreement Debt Assignment-TPA Post Restructuring, (2) Assumption 
Modification of Use Agreement, (3) Attachment 1: Assumption 
Modification Use Agreement--Term Extension--No M2M Debt and Not QNP, 
(4) Attachment 2: Subordinate Agreement--New Financing to M2M, (5) 
Attachment 3: Assuming of Use Agreement No Term Extension, (6) 
Attachment 4: Attachment 4--Modification of Use Agreement (Term 
Extension--Not QNP), (7) Attachment 5: Subordinate Agreement-New and 
Existing Financing to M2M Use Agreement, and (8) Release, Assumption 
and Modification of Accommodation Agreement.
    Description of the need for the information and proposed use: The 
Mark-to-Market Program is authorized under the Multifamily Assisted 
Housing Reform and Affordability Act of 1997, as modified and extended 
from time to time, including by the Market-to-Market Extension Act of 
2001. The information collection is required and will be used to 
determine the eligibility of FHA-insured or formerly insured 
multifamily properties for participation in the Mark-to-Market Program 
and the terms on which such participation should occur as well as to 
process eligible properties from acceptance into the program through 
closing of the mortgage restructure in accordance with program 
guidelines. The result of participation in the program is the 
refinancing and restructure of the property's FHA-insured mortgage and, 
generally the reduction of Section 8 rent payments and establishment of 
adequately funded accounts to fund required repair and rehabilitation 
of the property.
    Respondents: Contractors and Tenants.
    Estimated Number of Respondents: 60.
    Estimated Number of Responses: 1,346.
    Frequency of Response: On occasion.
    Average Hours per Response: 32.
    Total Estimated Burdens: 1,912.

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.

C. Authority

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

Janet M. Golrick,
Acting, Chief of Staff for the Office of Housing--Federal Housing 
Administration.
[FR Doc. 2022-03988 Filed 2-24-22; 8:45 am]
BILLING CODE 4210-67-P