Notice of Proposed Information Collection: Comment Request; Section 8 Renewal Policy Guide, 28833-28834 [E8-11076]
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Federal Register / Vol. 73, No. 97 / Monday, May 19, 2008 / Notices
DATES:
Comments Due Date: July 18,
2008.
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:
Lillian Deitzer, Departmental Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410; e-mail
Lillian_L._Deitzer@HUD.gov or
telephone (202) 402–8048.
FOR FURTHER INFORMATION CONTACT:
Leslie Bromer, Office of Single Family
Asset Management and Disposition
Division, Department of Housing and
Urban Development, 451 7th Street,
SW., Washington, DC 20410, telephone
(202) 402–2309 (this is not a toll free
number) for copies of the proposed
forms and other available information.
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 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: Request for Credit
Approval of Substitute Mortgagor.
OMB Control Number, if applicable:
2502–0036.
Description of the need for the
information and proposed use: A buyer
may assume an FHA-insured mortgage
by becoming the substitute mortgagor
through the credit approval process.
Prior to releasing a seller from liability
on the mortgage note or for mortgages
after December 15, 1989, HUD or a
Direct Endorsement (DE) lender must
review the credit of the assumer and
record the approval.
Agency form numbers, if applicable:
HUD–92210 and HUD–92210.1.
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ADDRESSES:
VerDate Aug<31>2005
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Jkt 214001
Estimation of the total number 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 4,800. The number of
respondents is 600, the number of
responses is 4, the frequency of
response is on occasion, and the burden
hour per response is .50–1.00.
Status of the proposed information
collection: This is an extension to a
previous collection.
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C., Chapter 35, as amended.
Dated: May 12, 2008.
Frank L. Davis,
General Deputy Assistant Secretary for
Housing—Deputy Federal Housing
Commissioner.
[FR Doc. E8–11075 Filed 5–16–08; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5191–N–13]
Notice of Proposed Information
Collection: Comment Request; Section
8 Renewal Policy Guide
Office of the Assistant
Secretary for Housing, HUD.
ACTION: Notice.
AGENCY:
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. The Guide represents
contract renewal policy which is
consistent with current statutes and
existing regulations.
DATES: Comments Due Date: July 18,
2008.
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:
Lillian L. Deitzer, Reports Management
Officer, Department of Housing and
Urban Development, 451 7th Street,
SW., L’Enfant Plaza Building, Room
8202, Washington, DC 20410.
FOR FURTHER INFORMATION CONTACT: Gail
Williamson, Director, Housing
Assistance and Policy Division,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410, telephone (202)
708–3000, extension 2473, for copies of
the proposed forms and other available
information.
PO 00000
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Fmt 4703
Sfmt 4703
28833
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: Section 8 Renewal
Policy Guide.
OMB Control Number, if applicable:
2502–New.
Description of the need for the
information and proposed use: The
modifications of the Section 8 renewal
policy and recent legislation are
implemented to address the essential
requirement to preserving low income
rental housing affordability and
availability. The Section 8 Renewal
Policy Guide will include recent
legislation modifications for renewing of
expiring Section 8 policy(ies)
Guidebook, as authorized by the Code of
Federal Regulations 24 CFR Part 401
and 24 CFR Part 402.
The Multifamily Housing Reform and
Affordability Act of 1997 (MAHRA) for
fiscal year 1998 (Public Law 105–65,
enacted on October 27, 1997), required
that expiring Section 8 project-based
assistance contracts be renewed under
MAHRA. Established in the MAHRA
policies renewal of Section 8 projectbased contracts rents are based on
market rents instead of the Fair Market
Rent (FMR) standard.
MAHRA renewals submission should
include a Rent Comparability Study
(RCS). If the RCS indicated rents were
at or below comparable market rents,
the contract was renewed at current
rents adjusted by Operating Cost
Adjustment Factor (OCAF), unless the
Owner submitted documentation
justifying a budget-based rent increase
or participation in Mark-Up-To-Market.
The case is that no renewal rents could
exceed comparable market rents. If the
SUPPLEMENTARY INFORMATION:
E:\FR\FM\19MYN1.SGM
19MYN1
28834
Federal Register / Vol. 73, No. 97 / Monday, May 19, 2008 / Notices
pwalker on PROD1PC71 with NOTICES
RCS indicated rents were above
comparable market rents, the contract
was referred to the Office of Affordable
Housing Preservation (OAHP) for debt
restructuring and/or rent reduction.
The Preserving Affordable Housing
for Senior Citizens and Families Into the
21st Century Act of 1999 (Pub. L. 106–
74, enacted on October 20, 1999),
modified MAHRA.
The Section 8 Renewal Policy Guide
sets forth six renewal options from
which a project owner may choose
when renewing their expiring Section 8
contract: Option One—Mark-Up-ToMarket, Option Two—Other Contract
Renewal with Current Rents at or Below
Comparable Market Rents, Option
Three—Referral to the Office of
Affordable Housing Preservation
(OAHP), Option Four—Renewal of
Projects Exempted From OMHAR,
Option Five—Renewal of Portfolio
Reengineering Demonstration or
Preservation Projects, and Option Six—
Opt Outs.
Owners should select one of six
options which are applicable to their
project and should submit contract
renewal on an annual basis to renew
contract.
The Section 8 Renewal Guide sets
forth six renewal options from which a
project owner may choose when
renewing their expiring Section 8
contracts.
Option One (Mark-Up-To-Market)
Option Two (Other Contract Renewals
with Current Rents at or Below
Comparable Market Rents
Option Three (Referral to the Office of
Multifamily Housing Assistance
Restructuring—OHAP)
Option Four (Renewal of Projects
Exempted from OHAP)
Option Five (Renewal of Portfolio
Reengineering Demonstration or
Preservation Projects)
Option Six (Opt-Outs)
Agency form numbers, if applicable:
Contract Renewal Request Form (HUD–9624)
OCAF Rent Adjustment Worksheet (HUD–
9625)
Initial Eligibility Worksheet Comparability
Study Comparison Worksheet (HUD–9626)
Section 236, Section 515 and Section
221(d)(3) BMIR Worksheet (HUD–9627)
Other New Construction and Sub-Rehab
Worksheet (HUD–9628)
Appraiser Certification (HUD–9629)
Rent Comparability Grid (HUD–9630)
One Year Notification Owner Does Not
Intend to Renew (HUD–9631)
One Year Notification Letter Owner Intends
to Renew (HUD–9632)
Use Agreement (HUD–9633)
Addendum to Agreement to Enter Into
Housing Assistance Payments Contract
(HUD–9634)
VerDate Aug<31>2005
17:18 May 16, 2008
Jkt 214001
Appendix 15–3 Project Capital Needs
Assessments and Replacement Reserve
Escrow (HUD–9635)
Projects Preparing a Budget-Based Rent
Increase (HUD–9636)
Basic Renewal Contract—One Year Term
(HUD–9637)
Basic Renewal Contract—Multi-Year Term
(HUD–9638)
Renewal Contract for Mark-Up-To-Market
Project (HUD–9639)
Housing Assistance Payments Preservation
Renewal Contract (HUD–9640)
Interim (Full) Mark-To-Market Renewal
Contract (HUD–9641)
Interim (Lite) Mark-To-Market Renewal
Contract (HUD–9642)
Full Mark-To-Market Renewal Contract
(HUD–9643)
Watch List Renewal Contract (HUD–9644)
Project Based Assistance Payments
Amendment Contract Moderate
Rehabilitation (HUD–9645)
Project Based Section Housing Assistance
Payments Extension of Renewal Contract
(HUD–9646)
Extension Amendment to Old Regulation
State Agency Housing Payment Contract
(HUD–9647)
Consent to Assignment of HAP Contract as
Security for Freddie MAC Financing
(HUD–9648)
Consent to Assignment of HAP Contract as
Security for Financing (HUD–9649)
Consent to Assignment of HAP Contract as
Security for FNMA Financing (HUD–9651)
Request to Renew Using Non-Section 8 Units
in the Section 8 Project as a Market Rent
Ceiling (HUD–9652)
Request to Renew Using FMR’s as Market
Ceiling (HUD–9653)
Addendum to Renewal Contract (HUD–9654)
Rent Comparability Study (HUD–9655)
Rent Comparability Grid (HUD–9656)
Completing the Rent Comparability Grid
(HUD–9657)
Required Contents for Rent Comparability
Study (HUD–9658)
Estimation of the total number 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 46,040. The number of
respondents is 46,040, the number of
responses is 46,040, the frequency of
response is on occasion, and the burden
hour per response is 1.
Status of the proposed information
collection: This is a new collection.
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C., Chapter 35, as amended.
Dated: May 12, 2008.
Frank L. Davis,
General Deputy Assistant Secretary for
Housing—Deputy Federal Housing
Commissioner.
[FR Doc. E8–11076 Filed 5–16–08; 8:45 am]
BILLING CODE 4210–67–P
PO 00000
Frm 00041
Fmt 4703
Sfmt 4703
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5191–N–20]
Notice of Proposed Information
Collection: Comment Request; Energy
Efficient Mortgages
Office of the Assistant
Secretary for Housing, HUD.
ACTION: Notice.
AGENCY:
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 18,
2008.
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:
Lillian Deitzer, Departmental Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410; e-mail
Lillian_L._Deitzer@HUD.gov or
telephone (202) 402–8048.
FOR FURTHER INFORMATION CONTACT:
Margaret E. Burns, 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.
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 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
ADDRESSES:
E:\FR\FM\19MYN1.SGM
19MYN1
]]>Agencies
[Federal Register Volume 73, Number 97 (Monday, May 19, 2008)]
[Notices]
[Pages 28833-28834]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-11076]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5191-N-13]
Notice of Proposed Information Collection: Comment Request;
Section 8 Renewal Policy Guide
AGENCY: Office of the Assistant Secretary for Housing, 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. The Guide
represents contract renewal policy which is consistent with current
statutes and existing regulations.
DATES: Comments Due Date: July 18, 2008.
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: Lillian L. Deitzer, Reports
Management Officer, Department of Housing and Urban Development, 451
7th Street, SW., L'Enfant Plaza Building, Room 8202, Washington, DC
20410.
FOR FURTHER INFORMATION CONTACT: Gail Williamson, Director, Housing
Assistance and Policy Division, Department of Housing and Urban
Development, 451 7th Street, SW., Washington, DC 20410, telephone (202)
708-3000, extension 2473, for copies of the proposed forms and other
available information.
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
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: Section 8 Renewal Policy Guide.
OMB Control Number, if applicable: 2502-New.
Description of the need for the information and proposed use: The
modifications of the Section 8 renewal policy and recent legislation
are implemented to address the essential requirement to preserving low
income rental housing affordability and availability. The Section 8
Renewal Policy Guide will include recent legislation modifications for
renewing of expiring Section 8 policy(ies) Guidebook, as authorized by
the Code of Federal Regulations 24 CFR Part 401 and 24 CFR Part 402.
The Multifamily Housing Reform and Affordability Act of 1997
(MAHRA) for fiscal year 1998 (Public Law 105-65, enacted on October 27,
1997), required that expiring Section 8 project-based assistance
contracts be renewed under MAHRA. Established in the MAHRA policies
renewal of Section 8 project-based contracts rents are based on market
rents instead of the Fair Market Rent (FMR) standard.
MAHRA renewals submission should include a Rent Comparability Study
(RCS). If the RCS indicated rents were at or below comparable market
rents, the contract was renewed at current rents adjusted by Operating
Cost Adjustment Factor (OCAF), unless the Owner submitted documentation
justifying a budget-based rent increase or participation in Mark-Up-To-
Market. The case is that no renewal rents could exceed comparable
market rents. If the
[[Page 28834]]
RCS indicated rents were above comparable market rents, the contract
was referred to the Office of Affordable Housing Preservation (OAHP)
for debt restructuring and/or rent reduction.
The Preserving Affordable Housing for Senior Citizens and Families
Into the 21st Century Act of 1999 (Pub. L. 106-74, enacted on October
20, 1999), modified MAHRA.
The Section 8 Renewal Policy Guide sets forth six renewal options
from which a project owner may choose when renewing their expiring
Section 8 contract: Option One--Mark-Up-To-Market, Option Two--Other
Contract Renewal with Current Rents at or Below Comparable Market
Rents, Option Three--Referral to the Office of Affordable Housing
Preservation (OAHP), Option Four--Renewal of Projects Exempted From
OMHAR, Option Five--Renewal of Portfolio Reengineering Demonstration or
Preservation Projects, and Option Six--Opt Outs.
Owners should select one of six options which are applicable to
their project and should submit contract renewal on an annual basis to
renew contract.
The Section 8 Renewal Guide sets forth six renewal options from
which a project owner may choose when renewing their expiring Section 8
contracts.
Option One (Mark-Up-To-Market)
Option Two (Other Contract Renewals with Current Rents at or Below
Comparable Market Rents
Option Three (Referral to the Office of Multifamily Housing Assistance
Restructuring--OHAP)
Option Four (Renewal of Projects Exempted from OHAP)
Option Five (Renewal of Portfolio Reengineering Demonstration or
Preservation Projects)
Option Six (Opt-Outs)
Agency form numbers, if applicable:
Contract Renewal Request Form (HUD-9624)
OCAF Rent Adjustment Worksheet (HUD-9625)
Initial Eligibility Worksheet Comparability Study Comparison
Worksheet (HUD-9626)
Section 236, Section 515 and Section 221(d)(3) BMIR Worksheet (HUD-
9627)
Other New Construction and Sub-Rehab Worksheet (HUD-9628)
Appraiser Certification (HUD-9629)
Rent Comparability Grid (HUD-9630)
One Year Notification Owner Does Not Intend to Renew (HUD-9631)
One Year Notification Letter Owner Intends to Renew (HUD-9632)
Use Agreement (HUD-9633)
Addendum to Agreement to Enter Into
Housing Assistance Payments Contract (HUD-9634)
Appendix 15-3 Project Capital Needs Assessments and Replacement
Reserve Escrow (HUD-9635)
Projects Preparing a Budget-Based Rent Increase (HUD-9636)
Basic Renewal Contract--One Year Term (HUD-9637)
Basic Renewal Contract--Multi-Year Term (HUD-9638)
Renewal Contract for Mark-Up-To-Market Project (HUD-9639)
Housing Assistance Payments Preservation Renewal Contract (HUD-9640)
Interim (Full) Mark-To-Market Renewal Contract (HUD-9641)
Interim (Lite) Mark-To-Market Renewal Contract (HUD-9642)
Full Mark-To-Market Renewal Contract (HUD-9643)
Watch List Renewal Contract (HUD-9644)
Project Based Assistance Payments Amendment Contract Moderate
Rehabilitation (HUD-9645)
Project Based Section Housing Assistance Payments Extension of
Renewal Contract (HUD-9646)
Extension Amendment to Old Regulation State Agency Housing Payment
Contract (HUD-9647)
Consent to Assignment of HAP Contract as Security for Freddie MAC
Financing (HUD-9648)
Consent to Assignment of HAP Contract as Security for Financing
(HUD-9649)
Consent to Assignment of HAP Contract as Security for FNMA Financing
(HUD-9651)
Request to Renew Using Non-Section 8 Units in the Section 8 Project
as a Market Rent Ceiling (HUD-9652)
Request to Renew Using FMR's as Market Ceiling (HUD-9653)
Addendum to Renewal Contract (HUD-9654)
Rent Comparability Study (HUD-9655)
Rent Comparability Grid (HUD-9656)
Completing the Rent Comparability Grid (HUD-9657)
Required Contents for Rent Comparability Study (HUD-9658)
Estimation of the total number 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 46,040.
The number of respondents is 46,040, the number of responses is 46,040,
the frequency of response is on occasion, and the burden hour per
response is 1.
Status of the proposed information collection: This is a new
collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.,
Chapter 35, as amended.
Dated: May 12, 2008.
Frank L. Davis,
General Deputy Assistant Secretary for Housing--Deputy Federal Housing
Commissioner.
[FR Doc. E8-11076 Filed 5-16-08; 8:45 am]
BILLING CODE 4210-67-P
