Office of the Assistant Secretary for HousingFederal Housing Commissioner; Notice of Proposed Information Collection for Public Comment

[[Page 15106]]

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-3917-N-58]

Office of the Assistant Secretary for Housing--Federal Housing

Commissioner; Notice of Proposed Information Collection for Public

Comment

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing

Commissioner, HUD.

ACTION: Notice.

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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 June 3, 1996.

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: Oliver Walker, Housing,

Department of Housing & Urban Development, 451 7th Street, SW, Room

9116, Washington, DC 20410.

FOR FURTHER INFORMATION CONTACT:

Barbara Hunter, Telephone number (202) 708-3944 (this is not a toll-

free number) for copies of the proposed forms and other available

documents.

SUPPLEMENTARY INFORMATION: The Department will submit 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).

The 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:

Title of Proposal: Monthly Reports for Establishing Net Income.

OMB Control Number: 2502-0108.

Descripton of the need for the information and proposed use: Forms

HUD-93479, 93480 and 93481, Monthly Reports for Establishing Net Income

(hereafter collectively called Monthly Accounting Reports) provides HUD

with financial data necessary to monitor the financial conditions of

the project and to review contractual compliance during selected

periods of a project's operation. The authority for collection of

monthly reports is contained in 24 CFR Chapter 11 (4/1/91 edition),

Section 207.19, page 316, and Section 221.530, page 479.

Agency form numbers: HUD-93479, 93480, 93481.

Members of affected public: Property Owners and Property Management

Agents.

An estimation of the total numbers of hours needed to prepare the

information collection is 172,000, the number of respondents is 4,000,

frequency of response is 48,000, and the hours of response is 3.5.

Status of the proposed information collection: Extension with

change.

Authority: Section 3506 of the Paperwork Reduction Act of 1995,

44 U.S.C. Chapter 35, as amended.

Dated: March 15, 1996.

Stephanie A. Smith,

Acting General Deputy Assistant Secretary for Housing--Federal Housing

Commissioner.

[FR Doc. 96-8286 Filed 4-3-96; 8:45 am]

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