[Federal Register Volume 87, Number 149 (Thursday, August 4, 2022)]
[Notices]
[Pages 47781-47782]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-16644]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7050-N-44]


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

AGENCY: Office of Policy Development and Research, Chief Data Officer, 
HUD.

ACTION: Notice.

-----------------------------------------------------------------------

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 an additional 30 days of 
public comment.

DATES: Comments Due Date: September 6, 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 [email protected] or www.reginfo.gov/public/do/PRAMain. 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, REE, 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 April 
4, 2022 at 87 FR 19521.

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.

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


[[Page 47782]]

    Estimated Number of Respondents: 875.
    Estimated Number of Responses: 1,750.
    Frequency of Response: 2.
    Average Hours per Response: 0.50 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.
    (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 Policy Development and 
Research, Chief Data Officer.
[FR Doc. 2022-16644 Filed 8-3-22; 8:45 am]
BILLING CODE 4210-67-P