Notice of Proposed Information Collection: Comment Request; Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary, 25854-25855 [E6-6545]

Download as PDF 25854 Federal Register / Vol. 71, No. 84 / Tuesday, May 2, 2006 / Notices 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: Applicant/Recipient Disclosure/Update Report. OMB Control Number, if applicable: 2510–0011. Description of the need for the information and proposed use: Section 102 of the Department of Housing and Urban Development Reform Act of 1989 (HUD Reform Act) requires the Department to ensure greater accountability and integrity in the provision of assistance administered by the Department. One feature of the statute requires certain disclosures by applicants seeking assistance from HUD, assistance from states and units of local government, and other assistance to be used with respect to the activities to be carried out with the assistance. The disclosure includes the financial interests of persons in the activities, and the sources of funds to be made available for the activities, and the proposed uses of the funds. Each applicant that submits an application for assistance, within the jurisdiction of the HUD, to a state or to a unit of general local government for a specific project or activity must disclose this information whenever the dollar threshold is met. This information must be kept updated during the application review process and while the assistance is being provided. Agency form numbers, if applicable: HUD 2880. Members of affected public: Applicants for HUD competitively funded assistance. 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 form, HUD 2880, must be submitted as part of an applicant’s application for competitively funded assistance. Number of respondents Burden hours Frequency of response Total burden hours 16,900 .......................................................................................................................................... 2.0 1.2 40,560 Status of the proposed information collection: Extension of a currently approved collection. Authority: The Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35, as amended. Dated: April 25, 2006. Camille E. Acevedo, Associate General Counsel for Legislation and Regulations. [FR Doc. E6–6544 Filed 5–1–06; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5052–N–04] Notice of Proposed Information Collection: Comment Request; Legal Instructions Concerning Applications for Full Insurance Benefits— Assignment of Multifamily Mortgages to the Secretary AGENCY: Office of the General Counsel, HUD. rmajette on PROD1PC67 with NOTICES 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: July 3, 2006. VerDate Aug<31>2005 15:18 May 01, 2006 Jkt 208001 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: Brenda M. Johnson, Reports Liaison Officer, Department of Housing and Urban Development, 451 Seventh Street, SW., Room 10276, Washington, DC 20410–0500. FOR FURTHER INFORMATION CONTACT: Millicent Potts, Assistant General Counsel for Multifamily Mortgage Division, Office of General Counsel, Department of Housing and Urban Development, 451 Seventh Street, SW., Room 9230, Washington, DC 20410– 0500, telephone (202) 708–4090 (this is not a toll-free number) for a copy of the instructions. 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 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, ADDRESSES: PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 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: Legal Instructions Concerning Applications for Full Insurance Benefits—Assignment of Multifamily Mortgage to the Secretary. OMB Control Number, if applicable: 2510–0006. Description of the need for the information and proposed use: Mortgagees of HUD-insured mortgages may receive mortgage insurance benefits upon assignment of mortgages to HUD. In connection with the assignment, legal documents (e.g., mortgage, mortgage note, security agreement, title insurance policiy) must be submitted to the Department. The instructions describe the documents to be submitted and the procedures for submission. Agency form numbers, if applicable: N/A. Members of affected public: Mortgagees when applying for insurance benefits from HUD. Estimation of the total number of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: E:\FR\FM\02MYN1.SGM 02MYN1 25855 Federal Register / Vol. 71, No. 84 / Tuesday, May 2, 2006 / Notices Number of respondents Burden hours Frequency of response Total burden hours 359 ............................................................................................................................................... 26 1 9,334 Status of the proposed information collection: Extension of a currently approved collection. Authority: The Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35, as amended. Dated: April 25, 2006. Camille E. Acevedo, Associate General Counsel Legislation and Regulations. [FR Doc. E6–6545 Filed 5–1–06; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–4964-N–02] Annual Indexing of Basic Statutory Mortgage Limits for Multifamily Housing Programs Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. rmajette on PROD1PC67 with NOTICES AGENCY: SUMMARY: In accordance with section 206A of the National Housing Act, HUD has adjusted the basic statutory mortgage limits for multifamily housing programs for calendar year 2006. EFFECTIVE DATE: January 1, 2006. FOR FURTHER INFORMATION CONTACT: Joseph E. Malloy, Acting Director, Office of Multifamily Development, Department of Housing and Urban Development, 451 Seventh Street, SW, Washington, DC 20410–8000, telephone (202) 708–1142 (this is not a toll-free number). Hearing-or speech-impaired individuals may access this number through TTY by calling the toll-free Federal Information Relay Service at (800) 877–8339. SUPPLEMENTARY INFORMATION: The FHA Downpayment Simplification Act of 2002 (Pub. L. 107–326, approved December 4, 2002) amended the National Housing Act by adding a new section 206A (12 U.S.C. 1712a). Under section 206A, the following are affected: (1) section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A)); (2) section 213(b)(2)(A) (12 U.S.C. 1715e(b)(2)(A)); (3) section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k(d)(3)(B)(iii)(I)); (4) section 221(d)(3)(ii)(I) (12 U.S.C. 1715l(d)(3)(ii)(I)); (5) section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I)); VerDate Aug<31>2005 15:18 May 01, 2006 Jkt 208001 (6) section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and (7) section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)). The dollar amounts in these sections, which are collectively referred to as the ‘Dollar Amounts,’ shall be adjusted annually (commencing in 2004) on the effective date of the Federal Reserve Board’s adjustment of the $400 figure in the Home Ownership and Equity Protection Act of 1994 (HOEPA) (Pub.L. 103–325, approved September 23, 1994). The adjustment of the Dollar Amounts shall be calculated using the percentage change in the Consumer Price Index for All Urban Consumers (CPI-U) as applied by the Federal Reserve Board for purposes of the above-described HOEPA adjustment. HUD has been notified of the percentage change in the CPI-U used for the HOEPA adjustment and the effective date of the HOEPA adjustment. The percentage change in the CPI-U is 3.51 percent and the effective date of the HOEPA adjustment is January 1, 2006. The Dollar Amounts have been adjusted correspondingly and have an effective date of January 1, 2006. The adjusted Dollar Amounts for calendar year 2006 are shown below: Basic Statutory Mortgage Limits for Calendar Year 2006 Multifamily Loan Program • Section 207—Multifamily Housing. • Section 207 pursuant to section 223(f)—Purchase or refinance housing. • Section 220—Housing in urban renewal areas. Nonelevator Bedrooms 0 ........................ 1 ........................ 2 ........................ 3 ........................ 4+ ...................... 0 ........................ 1 ........................ 2 ........................ 3 ........................ 4+ ...................... 47,486 53,183 65,213 81,675 92,349 Frm 00045 Fmt 4703 $44,597 51,420 62,015 79,378 88,431 Sfmt 4703 Elevator $45,507 52,470 63,279 80,998 90,235 47,890 54,897 66,755 86,358 94,795 • Section 221(d)(4)—Moderate income housing. Bedrooms 0 ........................ 1 ........................ 2 ........................ 3 ........................ 4+ ...................... Nonelevator Elevator $40,955 46,488 56,192 70,531 79,923 44,239 50,714 61,667 79,776 87,571 Section 231—Housing for the Elderly. Bedrooms 0 ........................ 1 ........................ 2 ........................ 3 ........................ 4+ ...................... Nonelevator Elevator $38,938 43,529 51,980 62,553 73,541 44,239 50,714 61,667 79,776 87,571 • Section 207—Manufactured Home Parks. Per Space—$18,895 Dated: April 19, 2006. Brian D. Montgomery, Assistant Secretary for Housing-Federal Housing Commissioner. [FR Doc. E6–6543 Filed 5–1–06; 8:45 am] BILLING CODE 4210–67–P Bureau of Land Management [ID–300–1020–PH] Notice of Public Meeting, Idaho Falls District Resource Advisory Council Meeting Bureau of Land Management, Interior. 47,486 ACTION: Notice of public meeting. Elevator 53,800 65,419 84,631 92,900 • Section 221(d)(3)—Moderate income housing. PO 00000 0 ........................ 1 ........................ 2 ........................ 3 ........................ 4+ ...................... Nonelevator DEPARTMENT OF THE INTERIOR $41,154 45,585 54,449 67,112 75,977 Nonelevator Bedrooms Elevator • Section 213—Cooperatives. Bedrooms • Section 234—Condominium housing. AGENCY: SUMMARY: In accordance with the Federal Land Policy and Management Act (FLPMA) and the Federal Advisory Committee Act of 1972 (FACA), the U.S. Department of the Interior, Bureau of Land Management (BLM) Idaho Falls E:\FR\FM\02MYN1.SGM 02MYN1

Agencies

[Federal Register Volume 71, Number 84 (Tuesday, May 2, 2006)]
[Notices]
[Pages 25854-25855]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-6545]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5052-N-04]


Notice of Proposed Information Collection: Comment Request; Legal 
Instructions Concerning Applications for Full Insurance Benefits--
Assignment of Multifamily Mortgages to the Secretary

AGENCY: Office of the General Counsel, 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: July 3, 2006.

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: Brenda M. Johnson, Reports 
Liaison Officer, Department of Housing and Urban Development, 451 
Seventh Street, SW., Room 10276, Washington, DC 20410-0500.

FOR FURTHER INFORMATION CONTACT: Millicent Potts, Assistant General 
Counsel for Multifamily Mortgage Division, Office of General Counsel, 
Department of Housing and Urban Development, 451 Seventh Street, SW., 
Room 9230, Washington, DC 20410-0500, telephone (202) 708-4090 (this is 
not a toll-free number) for a copy of the instructions.

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 
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: Legal Instructions Concerning Applications for 
Full Insurance Benefits--Assignment of Multifamily Mortgage to the 
Secretary.
    OMB Control Number, if applicable: 2510-0006.
    Description of the need for the information and proposed use: 
Mortgagees of HUD-insured mortgages may receive mortgage insurance 
benefits upon assignment of mortgages to HUD. In connection with the 
assignment, legal documents (e.g., mortgage, mortgage note, security 
agreement, title insurance policiy) must be submitted to the 
Department. The instructions describe the documents to be submitted and 
the procedures for submission.
    Agency form numbers, if applicable: N/A.
    Members of affected public: Mortgagees when applying for insurance 
benefits from HUD.
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

[[Page 25855]]



----------------------------------------------------------------------------------------------------------------
                                                                                  Frequency of     Total burden
                    Number of respondents                        Burden hours       response          hours
----------------------------------------------------------------------------------------------------------------
359..........................................................              26                1            9,334
----------------------------------------------------------------------------------------------------------------

    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: April 25, 2006.
Camille E. Acevedo,
Associate General Counsel Legislation and Regulations.
[FR Doc. E6-6545 Filed 5-1-06; 8:45 am]
BILLING CODE 4210-67-P