30-Day Notice of Proposed Information Collection: Low-Income Housing Tax Credit (LIHTC) Data Collection; OMB Control No.: 2528-0320

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7050-N-36]

30-Day Notice of Proposed Information Collection: Low-Income Housing Tax Credit (LIHTC) Data Collection; OMB Control No.: 2528-0320

AGENCY:

Office of Policy Development and Research, Chief Data Officer, 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:

September 22, 2022.

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: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202-395-5806. Email:

OIRA_Submission@omb.eop.gov.

Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT:

Anna P. Guido, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email her at

Anna.P.Guido@hud.gov

or telephone 202-402-5535. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Guido.

SUPPLEMENTARY INFORMATION:

This notice informs the public that HUD has submitted to OMB a request for approval of 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 March 25, 2022 at 87 FR 17098.

A. Overview of Information Collection

Title of Information Collection:

Low-Income Housing Tax Credit (LIHTC) Data Collection.

OMB Approval Number:

2528-0320.

Type of Request:

Revision of a currently approved collection.

Form Number:

HUD-52695; HUD-52697.

Description of the need for the information and proposed use:

Section 2835(d) of the Housing and Economic Recovery Act, or HERA, (Public Law 110-289, approved July 30, 2008) amends Title I of the U.S. Housing Act of 1937 (42 U.S.C. 1437

et seq.

) (1937 Act) to add a new section 36 (codified as 42 U.S.C. 1437z-8) that requires each state agency administering tax credits under section 42 of the Internal Revenue Code of 1986 (low-income housing tax credits or LIHTC) to furnish HUD, not less than annually, information concerning the race, ethnicity, family composition, age, income, use of rental assistance under section 8(o) of the U.S. Housing Act of 1937 or other similar assistance, disability status, and monthly rental payments of households residing in each property receiving such credits through such agency.

New section 36 requires HUD to establish standards and definitions for the information to be collected by state agencies and to provide states with technical assistance in establishing systems to compile and submit such information and, in coordination with other federal agencies administering housing programs, establish procedures to minimize duplicative reporting requirements for properties assisted under multiple housing programs.

Information collection

Number of

respondents

Frequency of response

Responses per annum

Burden hour per response

Annual burden hours

Hourly cost per response

Annual cost

Tenant Data Form HUD-52697

61

1.00

60.00

40.00

2,440

$47.60

$116,144

Project Data Form HUD-52695

61

1.00

60.00

8.00

488

47.60

23,229

Total

122

48.00

2,928

139,373

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) If the information will be processed and used in a timely manner;

(3) The accuracy of the agency's estimate of the burden of the proposed collection of information;

(4) Ways to enhance the quality, utility, and clarity of the information to be collected; and

(5) 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 comment in response to these questions.

C. Authority

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

Colette Pollard,

Department Reports Management Officer, Office of the Chief Data Officer.

[FR Doc. 2022-18163 Filed 8-22-22; 8:45 am]

BILLING CODE 4210-67-P