[Federal Register Volume 87, Number 64 (Monday, April 4, 2022)]
[Notices]
[Pages 19521-19522]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-07012]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7056-N-02]


60-Day Notice of Proposed Information Collection: Continuation of 
Interest Reduction Payments After Refinancing Section 236 Projects, OMB 
Control No.: 2502-0572

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

[[Page 19522]]

(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: June 3, 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.

A. Overview of Information Collection

    Title of Information Collection: Continuation of Interest Reduction 
Payments after Refinancing Section 236 Projects.
    OMB Approval Number: 2502-0572.
    Type of Request: Reinstatement, without change, of previously 
approved collection for which approval has expired.
    Form Number:

 HUD-93173 Agreement for Interest Reduction Payments (Sec.  
236(e)(2)).
 HUD-93175 Agreement for Interest Reduction Payments (Sec.  
236(b)).
 HUD-93174 Use Agreement (Sec.  236(e)(2)).
 HUD-93176 Use Agreement (Sec.  236(b)).

    Description of the need for the information and proposed use: The 
purpose of this information collection is to preserve low-income 
housing units. HUD uses the information to ensure that owners, 
mortgagees and or public entities enter into binding agreements for the 
continuation of Interest Reduction Payments (IRP) after refinancing 
eligible Section 236 projects. HUD has created an electronic 
application for eligible projects to retain the IRP benefits after 
refinancing.
    Respondents: Profit Motivated or Non-Profit Owners of Section 236 
projects.

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                                                                                                                                            Total annual
                    Form No.                                    Form                  Number of   Frequency of  Total annual    Hours per       burden
                                                                                     respondents     response     responses     response        hours
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Form HUD-93173.................................  Agreement for Interest Reduction            870             1           870           0.5           435
                                                  Payments (Sec.   236(e)(2)).
Form HUD-93175.................................  Agreement for Interest Reduction            870             1           870           0.5           435
                                                  Payments (Sec.   236(b)).
Form HUD-93174.................................  Use Agreement (Sec.   236(e)(2)).             5             1             5           0.5             3
Form HUD-93176.................................  Use Agreement (Sec.   236(b))....             5             1             5           0.5             3
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    Total......................................  .................................           875  ............         1,750             1           875
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    Estimated Number of Respondents: 875.
    Estimated Number of Responses: 1,750.
    Frequency of Response: 1.
    Average Hours per Response: 1 hour.
    Total Estimated Burdens: 875.

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. 2022-07012 Filed 4-1-22; 8:45 am]
BILLING CODE 4210-67-P