Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD.
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.
Comments Due Date: October 11, 2005.
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 Plaza Building, Room 8001, Washington, DC 20410 or Wayne_Eddins@hud.gov.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Margaret Burns, (Acting) Director, Office of Single Family Program Development, Department of Housing and Urban Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 708-2121 (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
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 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 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: Local Appeals to Single-Family Mortgage Limits.
OMB Control Number, if applicable: 2502-0302.
Description of the need for the information and proposed use: The National Housing Act permits HUD to raise the maximum mortgage amount up to eighty-seven percent of the Federal Home Loan Mortgage Corporation (Freddie Mac) loan limits in areas with high prevailing sales prices to reflect regional differences in the cost of housing. Any party who believes that the present limit does not accurately reflect the higher sales price in that area may request an increase. The request must be accompanied by sufficient housing sales price data to support the request. The data should be a listing of all the one- or nearly all the one-family sales in the area for a prescribed period of time, depending on the volume of sales. HUD will use the information Start Printed Page 46535collected to determine whether an increase is warranted.
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 burden hours is 5,600. The number of respondents is 140, the frequency of response is on occasion, and the burden hour per response is 40 hours.
Status of the proposed information collection: This is an extension of a currently approved collection.Start Signature
Dated: August 1, 2005.
Frank L. Davis,
General Deputy Assistant Secretary for Housing-Deputy Federal Housing Commissioner.
[FR Doc. E5-4332 Filed 8-9-05; 8:45 am]
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