Skip to Content

Notice

Notice of Proposed Information Collection: Comment Request; Prepayment of Direct loans on Section 202 and 202/8 Projects with Inclusion of FHA Mortgage Insurance Guidelines

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Start Preamble

AGENCY:

Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD.

ACTION:

Notice.

SUMMARY:

The proposed information collection requirement described below will be 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.

DATES:

Comments Due Date: October 7, 2002.

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: Wayne Eddins, Reports Management Officer, Department of Housing and Urban Development, 451 7th Street, SW., L'Enfant Building, Room 8003, Washington, DC 20410.

Start Further Info

FOR FURTHER INFORMATION CONTACT:

Beverly J. Miller, Director, Office of Asset Management, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410, telephone number (202) 708-3730 (this is not a toll-free number) for copies of the proposed forms and other available information.

End Further Info End Preamble Start Supplemental Information

SUPPLEMENTARY INFORMATION:

The Department is submitting the proposed information collection to OMB for review, as required by the Paperwork Reduction Act of 1995 ( 44 U.S.C. Chapter 35, as amended).

This Notice is soliciting comments from members of the public and affected agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection 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 Start Printed Page 51597information; (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 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:

Title of Proposal: Prepayment of Direct Loans on Section 202 and 202/8 Projects with Inclusion of FHA Mortgage Insurance Guidelines.

OMB Control Number, if applicable: None.

Description of the need for the information and proposed use: This information is necessary to gather documents from owners of multifamily housing projects financed under Section 202 of the National Housing Act who voluntarily request to prepay the mortgage. HUD staff must review the documents submitted by the owner to determine if approval of the prepayment request should be granted.

Agency form numbers, if applicable: None.

Estimation of the total numbers of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: The number of respondents is 150 generating approximately 150 annual responses; the frequency of response is on occasion; the estimated time to gather and prepare the necessary documents is about 2 hours per submission, and the estimated total annual burden hours is estimated to be 300 hours.

Status of the proposed information collection: New Collection.

Start Authority

Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., Chapter 35, as amended.

End Authority Start Signature

Dated: July 30, 2002.

Sean G. Cassidy,

General Deputy Assistant Secretary for Housing-Deputy Federal Housing Commissioner.

End Signature End Supplemental Information

[FR Doc. 02-20024 Filed 8-7-02; 8:45 am]

BILLING CODE 4210-27-M