[Federal Register Volume 88, Number 209 (Tuesday, October 31, 2023)]
[Notices]
[Pages 74503-74504]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-23985]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7070-N-77]


30-Day Notice of Proposed Information Collection: Rental Housing 
Finance Survey (RHFS); OMB Control No.: 2528-0276

AGENCY: Office of Policy Development and Research, Chief Data Officer, 
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 an additional 30 days of 
public comment.

DATES: Comments Due Date: November 30, 2023.

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/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function. Interested 
persons are also invited to submit comments regarding this proposal and 
comments should refer to the proposal by name and/or OMB Control Number 
and should be sent to: Anna Guido, Clearance Officer, REE, Department 
of Housing and Urban Development, 451 7th Street SW, Room 8210, 
Washington, DC 20410-5000; email [email protected].

FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management 
Officer, REE, Department of Housing and Urban Development, 451 7th 
Street SW, Room 8210, Washington, DC 20410; email: 
[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.
    The Federal Register notice that solicited public comment on the 
information collection for a period of 60 days was published on July 
14, 2023 at 88 FR 45233.

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

[[Page 74504]]

policy initiatives. Academic researchers and private organizations also 
will 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.
    Respondents: Owners and managers of rental properties.

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                                                          Number of   Frequency of    Responses    Burden hour     Annual      Hourly cost
                Information collection                   respondents    response      per annum   per response  burden 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
    (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 comments in response to 
these questions.

C. Authority

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

Anna P. Guido,
Department Reports Management Office, Office of Policy Development and 
Research, Chief Data Officer.
[FR Doc. 2023-23985 Filed 10-30-23; 8:45 am]
BILLING CODE 4210-67-P