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Notice

Notice of Submission of Proposed Information Collection to OMB; Public Housing Financial Management Template

Action

Notice. Correction.

Summary

The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal.

The Public Housing Assessment System requires public housing agencies to submit financial information annually to HUD. The Uniform Financial Reporting Standards for HUD housing programs requires that this information be submitted electronically, using generally accepted accounting principles, in a prescribed format. The Operating Fund Program regulation (24 CFR 990) requires PHAs to submit information at a project level. Correct the Burden Hour on the previously.

 

Table of Contents Back to Top

DATES: Back to Top

Comments Due Date: August 5, 2011.

ADDRESSES: Back to Top

Interested persons are invited to submit comments regarding this proposal.Comments should refer to the proposal by name and/or OMB approval Number (2535-0107) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive OfficeBuilding, Washington, DC 20503; e-mail OIRA-Submission@omb.eop.gov fax:202-395-5806.

FOR FURTHER INFORMATION CONTACT: Back to Top

Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW.,Washington, DC 20410; e-mail Colette Pollard at Colette.Pollard@hud.gov; or telephone(202) 402-3400. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION: Back to Top

This notice informs the public that the Department of Housing and Urban Development has submitted to OMB a request for approval of theInformation collection described below. This notice is soliciting comments from members of the public and affecting agencies concerning the proposed collection of information to: (1) Evaluate 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) Evaluate the accuracy of the agency's estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) 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.

This Notice Also Lists the Following Information Back to Top

Title of Proposal: Public Housing Financial Management Template.

OMB Approval Number: 2535-0107.

Form Numbers: None.

Description of the Need for the Information and Its Proposed Use Back to Top

The Public Housing Assessment System requires public housing agencies to submit financial information annually to HUD. The Uniform Financial Reporting Standards for HUD housing programs requires that this information be submitted electronically, using generally accepted accounting principles, in a prescribed format. The Operating Fund Program regulation(24 CFR 990) requires PHAs to submit information at a project level.

Frequency of Submission: Annually.

Number of respondents Annual responses × Hours per response = Burden hours
Reporting burden 7,763 1 5.49 42,619

Total Estimated Burden Hours: 42,619.

Status: Extension without change of a currently approved collection.

Authority: Back to Top

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

Dated: June 29, 2011.

Colette Pollard,

Departmental Reports Management Officer,Office of the Chief Information Officer.

[FR Doc. 2011-16891 Filed 7-5-11; 8:45 am]

BILLING CODE 4210-67-P

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