[Federal Register Volume 88, Number 134 (Friday, July 14, 2023)]
[Notices]
[Pages 45233-45234]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-14950]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7075-N-09]


60-Day Notice of Proposed Information Collection: 2024 Rental 
Housing Finance Survey; OMB Control No.: 2528-0276

AGENCY: Office of Policy Development and Research, 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: September 12, 2023.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection can be submitted within 60 days of publication 
of this notice to www.reginfo.gov/public/do/PRAMain. Find this 
particular information collection by selecting ``Currently under 60-day 
Review--Open for Public Comments'' or by using the search function. 
Interested persons are also invited to submit comments regarding this 
proposal by name and/or OMB Control Number and can be sent to: Anna 
Guido, Reports Management Officer, REE, Department of Housing and Urban 
Development, 451 7th Street SW, Room 8210, Washington, DC 20410-5000 or 
email at [email protected].

FOR FURTHER INFORMATION CONTACT: Anna Guido, Reports Management 
Officer, Department of Housing and Urban Development, 451 7th Street 
SW, Washington, DC 20410; email Anna Guido at [email protected], 
telephone 202-402-5535 (this is not a toll-free number). HUD welcomes 
and is prepared to receive calls from individuals who are deaf or hard 
of hearing, as well as individuals with speech or communication 
disabilities. To learn more about how to make an accessible telephone 
call, please visit https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Guido.

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: 2024 Rental Housing Finance 
Survey.
    OMB Approval Number: 2528-0276.
    Type of Request: Revision of a currently approved collection.
    Form Number: N/A.
    Description of the need for the information and proposed use: The 
Rental Housing Finance Survey (RHFS) provides a measure of financial, 
mortgage, and property characteristics of rental housing properties in 
the United States. RHFS focuses on mortgage financing of rental housing 
properties, with emphasis on new originations for purchase-money 
mortgages and refinancing, and the characteristics of these new 
originations.
    The RHFS will collect data on property values of residential 
structures, characteristics of residential structures, rental status 
and rental value of units within the residential structures, commercial 
use of space within residential structures, property management status, 
ownership status, a detailed assessment of mortgage financing, and 
benefits received from Federal, state, local, and non-governmental 
programs.
    Many of the questions are the same or similar to those found on the 
1995 Property Owners and Managers Survey, the rental housing portion of 
the 2001 Residential Finance Survey, and previous collections of the 
Rental Housing Finance Survey. This survey does not duplicate work done 
in other existent HUD surveys or studies that deal with rental units 
financing.
    Policy analysts, program managers, budget analysts, and 
Congressional staff can use the survey's results to advise executive 
and legislative branches about the mortgage finance characteristics of 
the rental housing stock in the United States and the suitability of 
public policy initiatives. Academic researchers and private 
organizations will also utilize the data to facilitate their research 
and projects.
    The Department of Housing and Urban Development (HUD) needs the 
RHFS data for the following two reasons:
    1. This is the only source of information on the rental housing 
finance characteristics of rental properties.
    2. HUD needs this information to gain a better understanding of the 
mortgage finance characteristics of the rental housing stock in the 
United States to evaluate, monitor, and design HUD programs.
    Members of affected public: Owners and managers of rental 
properties.
    Estimated number of respondents: 10,000.
    Estimated time per response: 60 minutes.
    Frequency of response: One time every three years
    Estimated total annual burden hours: 10,000.
    Estimated total annual cost: The only cost to respondents is that 
of their time.
    Respondent's obligation: Voluntary.
    Legal authority: This survey is conducted under Title 13, U.S.C., 
Section 8b and Title 12, U.S.C., Section 1701z-1 et seq.

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                                      Number of       Frequency of    Responses per   Burden hour per   Annual burden     Hourly cost
      Information collection         respondents        response          annum           response          hours         per response     Annual cost
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RHFS.............................          10,000                1           10,000                1           10,000           $40.51         $405,100
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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

[[Page 45234]]

    (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 comments in response to 
these questions.

C. Authority

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

Todd M. Richardson,
General Deputy Assistant Secretary for Policy, Development and 
Research.
    v
[FR Doc. 2023-14950 Filed 7-13-23; 8:45 am]
BILLING CODE 4210-67-P