30-Day Notice of Proposed Information Collection: Survey of Market Absorption of New Multifamily Units

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7107-N 14; OMB Control No.: 2528-0013]

30-Day Notice of Proposed Information Collection: Survey of Market Absorption of New Multifamily Units

AGENCY:

Office of Policy Development and Research, Chief Data Officer, HUD.

ACTION:

Notice.

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 comments from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 30 days of public comment.

DATES:

Comments Due Date:

August 24, 2026.

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.

FOR FURTHER INFORMATION CONTACT:

Dr. John L. Murphy, Clearance Officer, Paperwork Reduction Act Division, PRAD, Department of Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410; email at

PaperworkReductionActOffice@hud.gov,

ATTN: Dr. John L. Murphy telephone (202) 402-8084. email at

John.L.Murphydo@hud.gov,

telephone (202) 402-8084. 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 Dr. John L. Murphy.

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 March 2, 2026 at 91 FR 10104.

A. Overview of Information Collection

Title of Information Collection:

Survey of Market Absorption of New Multifamily Units.

OMB Approval Number:

2528-0013.

Type of Request:

Extension of a currently approved collection.

Form Number:

HUD Form SOMA.

Description of the need for the information and proposed use:

The Survey of Market Absorption (SOMA) provides the data necessary to measure the rate at which new rental apartments and new condominium apartments are absorbed; that is, taken off the market, usually by being rented or sold, over the course of the first 12 months following completion of a building. The data are collected at quarterly intervals until the 12 months conclude, or until the units in a building are completely absorbed.

The survey also provides estimates of certain characteristics, including asking rent/price, number of units, and number of bedrooms. The survey provides a basis for analyzing the degree to which new apartment construction is meeting the present and future needs of the public.

Information collection

Number of

respondents

Frequency of

response

Responses per annum

Burden hour per response

Annual burden hours

Hourly cost per response

Annual cost

SOMA

12,000

4

48,000

0.125 (30 minutes total divided by 4 interviews

6,000

$44.50

$267,000

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.

HUD encourages interested parties to submit comment in response to these questions.

C. Authority

Section 2 of the Paperwork Reduction Act of 1995, 44 U.S.C. 3507.

John Murphy,

Compliance Officer, Department PRA Compliance Officer, Office of Policy Development and Research.

[FR Doc. 2026-14873 Filed 7-22-26; 8:45 am]

BILLING CODE 4210-67-P