Notice of Proposed Information Collection for Public Comment: Neighborhood Stabilization Program Tracking Study, 2279-2280 [2013-00296]
Download as PDF
<![CDATA[
2279
Federal Register / Vol. 78, No. 7 / Thursday, January 10, 2013 / Notices
[Docket No. FR–5683–N–02]
Notice of Proposed Information
Collection for Public Comment:
Neighborhood Stabilization Program
Tracking Study
Office of the Chief Information
Officer, HUD.
ACTION: Notice.
AGENCY:
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 information is
being collected by telephone and on-site
interviews to assess program design,
implementation, inputs and outcomes at
the local level. This is the second wave
of interviews for the same study and has
the same structure.
DATES: Comment Due Date: February 11,
2013.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
Control Number (2577–XXXX) and
should be sent to: HUD Desk Officer,
Office of Management and Budget, New
Executive Office Building, Washington,
DC 20503; Email:
OIRAlSubmission@omb.eop.gov fax:
202–395–5806.
FOR FURTHER INFORMATION CONTACT:
Colette Pollard, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Washington, DC 20410; email
Colette.Pollard@hud.gov; telephone
(202) 402–3400. This is not a toll-free
number. Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard. email.
SUMMARY:
The
Department of Housing and Urban
Development will submit the proposed
extension of 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 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: Site Visit Protocols
for Neighborhood Stabilization Program
(NSP2) Evaluation; Second Round.
OMB Control Number: 2577–XXXX.
Description of the Need for the
Information and Proposed Use: The U.S.
Department of Housing and Urban
Development (HUD) is conducting an
important national study of the
Neighborhood Stabilization Program
(NSP), with a particular focus on the
round of funding from the American
Recovery and Reinvestment Act
(ARRA), known as ‘‘NSP2.’’ This
information collection will constitute
the second round of site visits and
interviews of NSP2 grantees, as well as
collection of grantees’ property-level
data on NSP2 activities conducted. The
information collected will be used to
describe how program implementation
SUPPLEMENTARY INFORMATION:
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Number of
entities
wreier-aviles on DSK5TPTVN1PROD with
Interviews: Local NSP grantees ......................................................................
Interviews: Local Partner agencies ..................................................................
Interviews: National NSP2 grantees ................................................................
Providing Access to Records ...........................................................................
Compiling Records ..........................................................................................
VerDate Mar<15>2010
15:22 Jan 09, 2013
Jkt 229001
PO 00000
Frm 00029
Fmt 4703
Sfmt 9990
occurred in practice, gather views of
what program outcomes and impacts
have occurred, and explore factors that
contributed to program outcomes.
Agency Form Numbers:
Members of the Affected Public: A
total of 29 NSP2 grantees (25 local and
4 national) and 50 partner agencies will
be part of the study. Staff of these
grantees will be asked to participate in
interviews with HUD’s contractor and to
provide HUD’s contractor with access to
their records for tracking program
activity. Local interviews will take
approximately 2 hours per person and
will be administered to approximately 4
staff per NSP2 grantee and 4 additional
staff among partner agencies. Interviews
with national grantees will be
administered to approximately 2 staff
per NSP2 grantee.
Property-level data will be compiled
either by grantee representatives or by a
HUD contractor. Approximately onehalf of the 29 grantees (or 14 grantees)
and 25 partner organizations will likely
chose to report the required data
themselves via the study’s preformatted
spreadsheet. HUD estimates that each
spreadsheet will take one person about
1.5 working days (12 hours) to
complete, on average.
For the remaining 15 grantees and 25
partner organizations, the data will be
compiled by the research team with the
support of local representatives. The
majority of this effort will be conducted
by the researcher. HUD estimates that it
will take approximately two hours per
grantee and partner organization to
provide access to records during this
time (e.g., pulling the appropriate files).
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 following chart
details the respondent burden on a
quarterly and annual basis:
Responses
per entity
25
50
4
40
39
E:\FR\FM\10JAN1.SGM
Hours per
response
4
4
2
1
1
10JAN1
Total hours
2
2
2
2
12
200
400
16
80
468
2280
Federal Register / Vol. 78, No. 7 / Thursday, January 10, 2013 / Notices
Status of the proposed information
collection: Pending OMB approval.
Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35,
as amended.
Dated: January 2, 2013.
Colette Pollard,
Department Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2013–00296 Filed 1–9–13; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5410–N–03]
Federal Housing Administration (FHA)
First Look Sales Method Under the
Neighborhood Stabilization Program
(NSP): Increased Discount on Sales
Price for Certain Properties and
Clarification of Effective Dates
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice.
AGENCY:
On July 15, 2010, HUD
published a Federal Register notice
establishing the process by which
eligible purchasers under the
Neighborhood Stabilization Program
(NSP) are provided a preference to
acquire real-estate owned (REO)
properties of FHA under the temporary
Federal Housing Administration (FHA)
First Look Sales Method. Under the
First Look Sales Method, eligible NSP
purchasers have the opportunity to
purchase REO properties at a discount
of 10 percent below their appraised
value, less the cost of any applicable
listing and sales commission. This
notice announces an increase in the
discount to 15 percent for properties
that do not meet the applicable
minimum property standards to be
eligible for FHA mortgage insurance.
Additionally, HUD has taken the
opportunity afforded by this notice to
clarify that the First Look Sales Method
will be in effect until the conclusion of
the NSP.
DATES: The FHA First Look Sales
Method shall be in effect until the
conclusion of the NSP.
FOR FURTHER INFORMATION CONTACT:
Ivery Himes, Director, Office of Single
Family Asset Management, Office of
Housing, Department of Housing and
Urban Development, 451 7th Street SW.,
Room 9172, Washington, DC 20410;
telephone number 202–708–1672 (this
is not a toll-free number). Persons with
hearing or speech impairments may
access this number via TTY by calling
wreier-aviles on DSK5TPTVN1PROD with
SUMMARY:
VerDate Mar<15>2010
15:22 Jan 09, 2013
Jkt 229001
the toll-free Federal Information Relay
Service at 800–877–8339.
SUPPLEMENTARY INFORMATION:
I. Background
On July 15, 2010, at 75 FR 41225,
HUD published a Federal Register
notice establishing the process by which
certain governmental entities, nonprofit
organizations, and subrecipients
participating in the NSP (eligible NSP
purchasers) are provided a preference to
acquire REO properties under the
temporary FHA First Look Sales
Method. This temporary REO sales
method furthers the goals of both NSP,
to aid in the redevelopment of
abandoned and foreclosed homes, and
of HUD’s REO sales program, to expand
homeownership opportunities and
strengthen communities. Through the
FHA First Look Sales Method, HUD
provides eligible NSP purchasers with a
preference (a ‘‘first look’’) to acquire
FHA REO properties that are available
for purchase within NSP areas. Eligible
NSP purchasers may acquire such REO
properties with the assistance of NSP
funds for any eligible uses under the
NSP, including rental or
homeownership. Interested persons
should refer to the July 15, 2010, notice
for additional details regarding the FHA
First Look Sales Method.
II. This Notice—Increased Discount on
Sales Price for Certain REO Properties
Purchased Under the FHA First Look
Sales Method
REO properties purchased through the
FHA First Look Sales Method are sold
at a discount of 10 percent below the
appraised value, less any applicable
costs, including commissions. The
minimum discounted purchase price of
a property is one percent off of the
appraised property value; in no case
may the discounted purchase price
exceed 99 percent of the appraised
property value. (See, Section II.F. of the
July 15, 2010, notice, at 75 FR 41227).
The ten percent discount has proved
insufficient for REO properties that do
not meet the minimum property
standards to be eligible for FHA
mortgage insurance because the
property is in need of extensive repairs.1
The necessary rehabilitation or flood
insurance expenses, coupled with the
lack of FHA financing, have the
potential to make the costs of acquiring
these properties prohibitive to otherwise
eligible home purchasers. This lack of
affordability impedes the goal of the
1 The FHA minimum property standards for
existing dwellings are found in HUD Handbook
4905.1 REV 1, available at https://portal.hud.gov/
hudportal/HUD?src=/program_offices/
administration/hudclips/handbooks/hsgh/4905.1.
PO 00000
Frm 00030
Fmt 4703
Sfmt 4703
FHA First Look Sales Method to aid in
the revitalization of communities
through expanded homeownership. To
address this concern, HUD announces
an increase in the discount to 15 percent
for properties that do not meet the
applicable FHA minimum property
standards. As is currently true, the 15
percent discount shall be subject to any
applicable costs, including
commissions, but in no case will the
total discounted amount be less than
one percent off of the appraised
property value. The discount for REO
properties eligible for FHA mortgage
insurance remains at 10 percent of the
appraised value of the home.
In addition to the increase in the sales
price discount, this notice clarifies that
the First Look Sales Method will be in
effect until the conclusion of the NSP.
HUD’s July 15, 2010, notice announced
that the First Look Sales Method would
be in effect until May 31, 2013. This
date was based on the expected
conclusion of the NSP, and was not
intended to provide for conclusion of
the First Look Sales Method prior to the
close of the NSP.
III. Findings and Certifications
Paperwork Reduction Act
The information collection
requirements for the FHA First Look
Sales Method have been approved by
the Office of Management and Budget
(OMB) under the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501–3520) and
assigned OMB Control Number 2502–
0589. In accordance with the Paperwork
Reduction Act, HUD may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection displays a
currently valid OMB Control Number.
Environmental Impact
A Finding of No Significant Impact
(FONSI) with respect to the
environment for the FHA First Look
Sales Method was made at the time of
the July 15, 2010, Federal Register
notice in accordance with HUD
regulations at 24 CFR part 50, which
implement section 102(2)(C) of the
National Environmental Policy Act of
1969 (42 U.S.C. 4332(2)(C)). The FONSI
is available for public inspection
between 8 a.m. and 5 p.m. weekdays in
the Regulation Division, Office of
General Counsel, Department of
Housing and Urban Development, 451
Seventh Street SW., Room 10276,
Washington, DC 20410–0500. Due to
security measures at the HUD
Headquarters building, and advance
appointment to review the FONSI must
be scheduled by calling the Regulations
E:\FR\FM\10JAN1.SGM
10JAN1
]]>Agencies
[Federal Register Volume 78, Number 7 (Thursday, January 10, 2013)]
[Notices]
[Pages 2279-2280]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-00296]
[[Page 2279]]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5683-N-02]
Notice of Proposed Information Collection for Public Comment:
Neighborhood Stabilization Program Tracking Study
AGENCY: Office of the Chief Information 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. The information
is being collected by telephone and on-site interviews to assess
program design, implementation, inputs and outcomes at the local level.
This is the second wave of interviews for the same study and has the
same structure.
DATES: Comment Due Date: February 11, 2013.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control Number (2577-XXXX) and should be sent to: HUD Desk Officer,
Office of Management and Budget, New Executive Office Building,
Washington, DC 20503; Email: OIRA_Submission@omb.eop.gov fax: 202-395-
5806.
FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 7th
Street SW., Washington, DC 20410; email Colette.Pollard@hud.gov;
telephone (202) 402-3400. This is not a toll-free number. Copies of
available documents submitted to OMB may be obtained from Ms. Pollard.
email.
SUPPLEMENTARY INFORMATION: The Department of Housing and Urban
Development will submit the proposed extension of 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 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: Site Visit Protocols for Neighborhood
Stabilization Program (NSP2) Evaluation; Second Round.
OMB Control Number: 2577-XXXX.
Description of the Need for the Information and Proposed Use: The
U.S. Department of Housing and Urban Development (HUD) is conducting an
important national study of the Neighborhood Stabilization Program
(NSP), with a particular focus on the round of funding from the
American Recovery and Reinvestment Act (ARRA), known as ``NSP2.'' This
information collection will constitute the second round of site visits
and interviews of NSP2 grantees, as well as collection of grantees'
property-level data on NSP2 activities conducted. The information
collected will be used to describe how program implementation occurred
in practice, gather views of what program outcomes and impacts have
occurred, and explore factors that contributed to program outcomes.
Agency Form Numbers:
Members of the Affected Public: A total of 29 NSP2 grantees (25
local and 4 national) and 50 partner agencies will be part of the
study. Staff of these grantees will be asked to participate in
interviews with HUD's contractor and to provide HUD's contractor with
access to their records for tracking program activity. Local interviews
will take approximately 2 hours per person and will be administered to
approximately 4 staff per NSP2 grantee and 4 additional staff among
partner agencies. Interviews with national grantees will be
administered to approximately 2 staff per NSP2 grantee.
Property-level data will be compiled either by grantee
representatives or by a HUD contractor. Approximately one-half of the
29 grantees (or 14 grantees) and 25 partner organizations will likely
chose to report the required data themselves via the study's
preformatted spreadsheet. HUD estimates that each spreadsheet will take
one person about 1.5 working days (12 hours) to complete, on average.
For the remaining 15 grantees and 25 partner organizations, the
data will be compiled by the research team with the support of local
representatives. The majority of this effort will be conducted by the
researcher. HUD estimates that it will take approximately two hours per
grantee and partner organization to provide access to records during
this time (e.g., pulling the appropriate files).
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 following chart details the
respondent burden on a quarterly and annual basis:
----------------------------------------------------------------------------------------------------------------
Number of Responses per Hours per
entities entity response Total hours
----------------------------------------------------------------------------------------------------------------
Interviews: Local NSP grantees.................. 25 4 2 200
Interviews: Local Partner agencies.............. 50 4 2 400
Interviews: National NSP2 grantees.............. 4 2 2 16
Providing Access to Records..................... 40 1 2 80
Compiling Records............................... 39 1 12 468
----------------------------------------------------------------------------------------------------------------
[[Page 2280]]
Status of the proposed information collection: Pending OMB
approval.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. Chapter 35, as amended.
Dated: January 2, 2013.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information
Officer.
[FR Doc. 2013-00296 Filed 1-9-13; 8:45 am]
BILLING CODE 4210-67-P
