60-Day Notice of Proposed Information Collection; Comprehensive Transactional Forms Supporting FHA's Section 242 Mortgage Insurance Program for Hospitals, 24167-24169 [2019-10932]
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Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices
this notice. The statement should include the
name, address, telephone number and when
applicable, the business or professional
affiliation of the interested person.
Information is also available on the
Institute’s/Center’s home page: https://
deainfo.nci.nih.gov/advisory/ctac/ctac.htm,
where an agenda and any additional
information for the meeting will be posted
when available.
(Catalogue of Federal Domestic Assistance
Program Nos. 93.392, Cancer Construction;
93.393, Cancer Cause and Prevention
Research; 93.394, Cancer Detection and
Diagnosis Research; 93.395, Cancer
Treatment Research; 93.396, Cancer Biology
Research; 93.397, Cancer Centers Support;
93.398, Cancer Research Manpower; 93.399,
Cancer Control, National Institutes of Health,
HHS)
Dated: May 21, 2019.
Melanie J. Pantoja,
Program Analyst, Office of Federal Advisory
Committee Policy.
[FR Doc. 2019–10944 Filed 5–23–19; 8:45 am]
BILLING CODE 4140–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
National Institutes of Health
National Institute on Minority Health
and Health Disparities; Amended
Notice of Meeting
Notice is hereby given of a change in
the meeting of the National Institute on
Minority Health and Health Disparities
Special Emphasis Panel, which was
published in the Federal Register on
May 10, 2019, 91FR20644.
This Federal Register Notice is being
amended to correct the Contact Person’s
phone number and email address from
(301) 451–2432, ismonddr@mail.nih.gov
to (301) 451–9536, mlaudesharp@
nih.gov. The meeting is closed to the
public.
Dated: May 21, 2019.
Ronald J. Livingston, Jr.,
Program Analyst, Office of Federal Advisory
Committee Policy.
[FR Doc. 2019–10947 Filed 5–23–19; 8:45 am]
BILLING CODE 4140–01–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
khammond on DSKBBV9HB2PROD with NOTICES
[Docket No. FR–7014–N–07]
60-Day Notice of Proposed Information
Collection; Comprehensive
Transactional Forms Supporting FHA’s
Section 242 Mortgage Insurance
Program for Hospitals
Office of the Assistant
Secretary for Housing, HUD.
AGENCY:
VerDate Sep<11>2014
18:10 May 23, 2019
Jkt 247001
ACTION:
Notice.
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 comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 60 days of public
comment.
DATES: Comments Due Date: July 23,
2019.
ADDRESSES: Interested persons are
invited to submit comments regarding
this notice.
Comments should refer to the
proposal by name and/or OMB Control
Number and should be sent to: Collette
Pollard, Reports Management Officer,
QDAM, Department of Housing and
Urban Development, 451 7th Street SW,
Room 4176, Washington, DC 20410–
5000; telephone (202) 402–3400 or
email at Colette.Pollard@hud.gov for
information. Persons with hearing or
speech impairments may access this
number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339. Facsimile (fax) comments are not
acceptable.
FOR FURTHER INFORMATION CONTACT: Paul
A Giaudrone, Office of Healthcare
Programs, Office of Hospital Facilities,
Department of Housing and Urban
Development, 451 7th Street SW,
Washington, DC 20410; telephone (202)
708–0599 (this is not a toll free number).
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
Facsimile (fax) comments are not
acceptable.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
Section A.
SUMMARY:
A. Overview of Information Collection
Title of Information Collection:
Comprehensive Transactional Forms
Supporting FHA’s Section 242 Mortgage
Insurance Program for Hospitals.
OMB Approval Number: 2502–0602.
Type of Request: Revision of a
currently approved collection.
Form Numbers: HUD–91070–OHF,
HUD–91071–OHF, HUD–91073–OHF,
HUD–91111–OHF, HUD–91725–OHF,
HUD–92013–OHF, HUD–92023–OHF,
HUD–92070–OHF, HUD–92080–OHF,
HUD–92117–OHF, HUD–92205–OHF,
HUD–92223–OHF, HUD–92266–OHF,
HUD–92322–OHF, HUD–92330–OHF,
HUD–92330A–OHF, HUD–92403–OHF,
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24167
HUD–92403A–OHF, HUD–92415–OHF,
HUD–92422–OHF, HUD–92434–OHF,
HUD–92441–OHF, HUD–92442–OHF,
HUD–92448–OHF, HUD–92452A–OHF,
HUD–92452–OHF, HUD–92455–OHF,
HUD–92456–OHF, HUD–92464–OHF,
HUD–92466–OHF, HUD–92476–OHF,
HUD–92476A–OHF, HUD–92476B–
OHF, HUD–92479–OHF, HUD–92554–
OHF, HUD–92576–OHF, HUD–93305–
OHF, HUD–94000–OHF, HUD–94001–
OHF, HUD–94128–OHF.
Description of the Need for the
Information and Proposed Use
This collection of information is
required specifically for the application
and administration of the Department of
Housing and Urban Development,
Federal Housing Administration Section
242 Hospital Mortgage Insurance
Program pursuant to 24 CFR 242, 241,
223(f), and 223(a)(7). The collection is a
comprehensive set of HUD documents
that are critically needed for processing
applications and loan endorsements for
FHA mortgage insurance under the
Section 242 Hospital Mortgage
Insurance Program, for ongoing asset
management of such facilities, and other
information related to these facilities for
loan modifications, construction
projects, and physical and
environmental reviews. This
information is requested and is used by
the Office of Healthcare Facilities (OHF)
and Office of Architecture and
Engineering (OAE) within FHA’s Office
of Healthcare Programs (OHP).
The purpose for which the
information is being collected by HUD
is to review Section 242 applications to
determine the eligibility of applicant
hospitals for FHA mortgage insurance,
underwrite insured hospital loans,
ensure that the collateral securing each
loan is adequate, capture administrative
data, process initial/final endorsement,
and manage FHA’s hospital portfolio.
Additional information related to loan
modifications, construction projects,
and physical and environmental
reviews is collected if applicable.
The information being collected
consists of various HUD forms that
program participants complete with
project specifications, technical
descriptions, details, and/or signatures
that are utilized by HUD during various
stages of the application, underwriting,
commitment, closing, and asset
management processes involved with
the administration of FHA’s Section 242
mortgage insurance program.
The information is used by HUD staff
for internal review of applications to
determine if projects qualify for Section
242 hospital mortgage insurance and to
manage and monitor the application,
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24168
Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices
commitment, initial/final endorsement,
asset management, and administration
processes needed to support hospital
projects insured by FHA. Agreements
and legal documents are used by HUD
staff, lenders, borrowers, construction
managers, and depository institutions,
when applicable, to process initial/final
endorsement of loans. Information
reported for ongoing asset management
of FHA-insured facilities will be used by
HUD staff to monitor and manage risk
within the FHA portfolio and ensure
ongoing compliance with HUD Program
Obligations. Information is also be used
by HUD staff to determine whether the
Program meets its stated goals and
management objectives. The
information is collected from lenders/
mortgage bankers, borrowers/hospital
management officials, attorneys, general
contractors/construction managers,
architects/engineers, agents and others
involved in hospital projects, which
may, at times include local government
entities and other third parties, as well
as HUD staff to allow OHF to manage
and monitor the application,
commitment, initial/final endorsement,
asset management, and administration
processes needed to support hospital
projects insured by FHA.
This collection is needed to update
and renew the current collection that
was approved for a 36-month period by
OMB on August 19, 2016, with an
expiration date of August 31, 2019.
Where changes have been made to
existing OHF forms, the proposed
versions are also presented in both
redline/strikeout and unmarked formats.
New or unchanged forms are presented
in unmarked format. The revised
hospital documents can be viewed at:
https://portal.hud.gov/hudportal/
HUD?src=/federal_housing_
administration/healthcare_facilities/
section_242/additional_resources/242_
docs_2019renewal.
Two new forms are being added to
this collection: HUD–92266–OHF
(Application for Transfer of Physical
Assets) and HUD–92476B–OHF (Escrow
Agreement for Proceeds from Partial
Release of Collateral). The HUD–92266–
OHF form is based on an existing Office
of Multifamily form, modified for
Section 242-insured hospitals. The
application collects the information
required for OHF staff to review
requests to transfer insured physical
assets to new purchasers that will
continue to hold the FHA-insured loan.
The HUD–92476B–OHF is being added
to provide an escrow agreement
template for infrequent instances when
a borrower sells and requests to release
HUD-insured collateral. Both
documents are based on existing
VerDate Sep<11>2014
18:10 May 23, 2019
Jkt 247001
versions used by the Office of Housing
in other mortgage insurance programs
but modified to appropriately reflect
Section 242 program needs.
HUD–9250–OHF (Funds
Authorizations) will be removed from
the collection. The document was added
to Collection 2502–0602 in a prior
submission and was based upon a
similar form used for OHP’s residential
care facility program. The form has
proven to be unnecessary for the Section
242 hospital program and will be
removed.
Thirty-five of the forty documents
within the collection are being renewed
with no operational content changes,
except for updated burden hour
estimates and additional language
added to the burden statements to
ensure that requirements under 5 CFR
1320.8(b)(3) are met. Additional
language (specifically, the phrase
‘‘under penalty of perjury’’) was also
added to clarify fraud warnings and
certification for forms with
certifications. Revisions are proposed
for the HUD–92466–OHF (Regulatory
Agreement), HUD–92422–OHF
(Financial and Statistical Data for HUD
Reporting), and HUD–94000–OHF
(Security Instrument) to include edits
that were made to clarify current
policies and definitions, reflect updated
general accepted accounting standards,
or to address minor inconsistencies
across documents. A summary of the
specific changes made to the revised
documents is provided below.
Summary of Changes to Documents
HUD–92476B–OHF Escrow Agreement
for Proceeds From Partial Release of
Collateral. New document used to
establish an escrow agreement and
escrow account as part of the approval
process for the partial release of FHAinsured collateral. Document defines
permitted uses of escrowed proceeds,
including usage for collateralized
property improvements, purchase of
equipment, or principal payments of the
FHA-insured mortgage. Requires
approval of all advances in writing by
HUD and the Lender.
HUD–92266–OHF Application for
Transfer of Physical Assets. New
document based on an existing Office of
Multifamily Housing application form
for Transfer of Physical Assets
transactions, modified for Section 242insured hospitals.
HUD–92422–OHF Financial and
Statistical Data for HUD Reporting.
Definitions were updated to be
consistent with account names, and a
definition for ‘‘Allowances for
Contractual Deductions and Bad Debt’’
was added. ‘‘Deferred Financing Costs’’
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Fmt 4703
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was moved from the ‘‘Limited Use
Assets’’ to the ‘‘Long Term Debt and
Leases’’ (previously ‘‘Long Term Debt
and Capital Leases’’) account. ‘‘Right of
Use Assets’’ was added to the ‘‘Net PPE’’
account. Some restricted and
unrestricted net asset accounts were
combined and account names and
definitions were updated. A note was
added to clarify that ‘‘Bad Debt
Expense’’ can be recorded as a separate
line item, depending on the accounting
reporting standards being used.
HUD–94000–OHF Security
Instrument/Mortgage/Deed of Trust. In
Section 1 (Definitions), the definition of
Patient Accounts Receivables was
clarified in the definition of Accounts
Receivables. The definition of
Personalty and Mortgaged Property was
revised to add the income or sales
distributed from a joint venture.
HUD–92466–OHF Hospital Regulatory
Agreement—Borrower. Changes were
made to sections of the Regulatory
Agreement as follows:
• Section 1 and Section 49
(Definitions). Revised to include
definitions found in 24 CFR 242.1 and
Handbook 4615.1 to provide clarity.
Definitions section from Appendix D
was moved to Section 49. Definition of
Patient Accounts Receivables was added
for Distribution of Assets in Section 18
and Additional Indebtedness in Section
20.
• Section 11—Property and
Operations; Encumbrances. Added new
item (g) regarding Borrower notification
to HUD.
• Section 17—Transactions With
Affiliates. Clarified transactions with
Affiliates regarding lower of fully
allocated cost or market value.
• Section 18—Distribution of Assets.
Changed Section 18(b)(v) to reflect
financial requirements per 24 CFR 242.1
for the Surplus Cash definition.
Included definitions and ratios in
Section 49.
• Section 19—Board Review/Business
Plan/Consultants’ Report. Added
‘‘BOARD REVIEW’’ to title for clarity. In
Section 19(c)(iv), removed ‘‘pro forma
balance sheet’’ as a deliverable and
clarified Business Plan deliverables to
HUD for income statement and cash
flow analysis. Combined the roles of
‘‘Review Consultant’’ and ‘‘Independent
Consultant’’ into one consultant to
allow for more timely review and cost
savings for Borrower.
• Section 20—Additional
Indebtedness. Under Long Term Debt,
clarified when HUD consent is needed
versus notification and timing; added
CEO to parties eligible to submit
documentation for notification; and
added new section 20(a)(vi) to specify
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Federal Register / Vol. 84, No. 101 / Friday, May 24, 2019 / Notices
Borrower agreement to assets becoming
part of the Mortgaged Property at HUD’s
discretion upon release of a lien. Under
Unsecured Short-Term Debt, clarified
when HUD consent is needed versus
notification and timing and added CEO
to parties eligible to submit
documentation for notification. Added
Section 20(c) for Lines of Credit to apply
to short-term and long-term lines of
credits secured by accounts receivable.
• Section 21—Successor Clause.
Removed Section 21(a). Clarified
successor clauses and definitions to
emphasize HUD’s option for approval.
• Section 29—Permits and Approvals.
Added new Section 29(e) regarding
Borrower’s responsibility to report
accrediting organization or entity
findings to HUD upon occurrence, along
with action plan requirements.
• Section 36—Actions Requiring Prior
Written Approval of HUD. Revised 36(g)
to clarify when HUD approval is
required for actions impacting collateral
under the FHA-insured mortgage.
Added new item 36(q) for establishing,
developing, or organizing a joint
venture.
Respondents (i.e., affected public):
Business or other for pro-fit; Not-forprofit institutions.
Estimated Number of Respondents:
485.
Estimated Number of Responses:
1,069.
Frequency of Response: 2.2.
Average Hours per Response: 74.
Total Estimated Burdens: $79,426.
khammond on DSKBBV9HB2PROD with NOTICES
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.
VerDate Sep<11>2014
18:10 May 23, 2019
Jkt 247001
C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C.
Chapter 35.
Dated: May 13, 2019.
Vance T. Morris,
Special Assistant to the Assistant Secretary
for Housing—Federal Housing Commissioner.
[FR Doc. 2019–10932 Filed 5–23–19; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket Number: FR–6146–N–06]
Privacy Act of 1974; Matching Program
Office of Administration, HUD.
Notice of a new matching
program.
AGENCY:
ACTION:
Pursuant to the Privacy Act of
1974, as amended by the Computer
Matching and Privacy Protection Act
(CMPPA) of 1988, HUD is providing
notice of its intent to execute a new
computer matching agreement with the
U.S. Department of Veterans Affairs
(VA). The matching agreement covers
the exchange of data obtained by VA
pertaining to delinquent debt. The
purpose of the match is to update the
Credit Alert Verification Reporting
System (CAIVRS), which is maintained
by HUD.
DATES: The period of this matching
program is estimated to cover the 18month period from June 15, 2019
through December 15, 2020. However,
the computer matching agreement
(CMA) will become applicable at the
later of the following two dates: June 15,
2019 or 30 days after the publication of
this notice, unless comments have been
received from interested members of the
public requiring modification and
republication of the notice.
ADDRESSES: Interested persons are
invited to submit comments regarding
this notice at www.regulations.gov or to
the Rules Docket Clerk, Office of
General Counsel, Department of
Housing and Urban Development, 451
Seventh Street SW, Room 10110,
Washington, DC 20410.
Communications should refer to the
above docket number. A copy of each
communication submitted will be
available for public inspection and
copying between 8:00 a.m. and 5:00
p.m. weekdays at the above address.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Relay service at (800) 877–8339.
FOR FURTHER INFORMATION CONTACT:
Contact the ‘‘Recipient Agency’’ John
SUMMARY:
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24169
Bravacos, Senior Agency Official for
Privacy, Department of Housing and
Urban Development, 451 Seventh Street
SW, Room 10139, Washington, DC
20410, telephone number (202) 708–
3054.
This
notice supersedes a similar notice
published in the Federal Register on
April 15, 2016, at 81 FR 22292. The
Computer Matching program seeks to
set forth the terms and conditions
governing disclosures of records,
information, or data (collectively
referred to herein as ‘‘data’’) made by
VA to HUD. This data is obtained by VA
and pertains to delinquent debt that
individuals owe to VA. The purpose of
its transmittal is to update the Credit
Alert Verification Reporting System
(CAIVRS), which is a computer
information system maintained by HUD.
The data match will allow for the
prescreening of applicants for Federal
direct loans or federally guaranteed
loans, for the purpose of determining
the applicant’s credit worthiness, by
ascertaining whether the applicant is
delinquent or in default on a loan owed
directly to or guaranteed by the Federal
Government. The terms and conditions
of this Agreement ensure that VA makes
such disclosures of data, and that HUD
uses such disclosed data, in accordance
with the requirements of the Privacy Act
of 1974, as amended by the Computer
Matching and Privacy Protection Act
(CMPPA) of 1988, 5 U.S.C. 552a.
Participating Agencies: The U.S.
Department of Veterans Affairs is the
source agency and the Department of
Housing and Urban Development is the
recipient agency.
Authority for Conducting the
Matching Program: HUD and VA are
authorized to participate in the
matching program under Title 31,
United States Code, Section 3720B;
Office of Management and Budget
(OMB) Circulars A–129 (Managing
Federal Credit Programs) and A–70
(Policies and Guidelines for Federal
Credit Programs); the Budget and
Accounting Acts of 1921 and 1950, as
amended; the Debt Collection Act of
1982, as amended; the Deficit Reduction
Act of 1984, as amended; and the Debt
Collection Improvement Act of 1996, as
amended.
Purpose: The purpose of CAIVRS is to
give participating federal agencies and
authorized private lenders acting on the
government’s behalf, access to a
database of delinquent federal debtors
for the purpose of pre-screening the
credit worthiness of applicants for
direct loans and federally guaranteed
loans. The use of CAIVRS will allow
SUPPLEMENTARY INFORMATION:
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Agencies
[Federal Register Volume 84, Number 101 (Friday, May 24, 2019)]
[Notices]
[Pages 24167-24169]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10932]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7014-N-07]
60-Day Notice of Proposed Information Collection; Comprehensive
Transactional Forms Supporting FHA's Section 242 Mortgage Insurance
Program for Hospitals
AGENCY: Office of the Assistant Secretary for Housing, 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 comment
from all interested parties on the proposed collection of information.
The purpose of this notice is to allow for 60 days of public comment.
DATES: Comments Due Date: July 23, 2019.
ADDRESSES: Interested persons are invited to submit comments regarding
this notice.
Comments should refer to the proposal by name and/or OMB Control
Number and should be sent to: Collette Pollard, Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 7th
Street SW, Room 4176, Washington, DC 20410-5000; telephone (202) 402-
3400 or email at [email protected] for information. Persons with
hearing or speech impairments may access this number through TTY by
calling the toll-free Federal Relay Service at (800) 877-8339.
Facsimile (fax) comments are not acceptable.
FOR FURTHER INFORMATION CONTACT: Paul A Giaudrone, Office of Healthcare
Programs, Office of Hospital Facilities, Department of Housing and
Urban Development, 451 7th Street SW, Washington, DC 20410; telephone
(202) 708-0599 (this is not a toll free number). Persons with hearing
or speech impairments may access this number through TTY by calling the
toll-free Federal Relay Service at (800) 877-8339. Facsimile (fax)
comments are not acceptable.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is
seeking approval from OMB for the information collection described in
Section A.
A. Overview of Information Collection
Title of Information Collection: Comprehensive Transactional Forms
Supporting FHA's Section 242 Mortgage Insurance Program for Hospitals.
OMB Approval Number: 2502-0602.
Type of Request: Revision of a currently approved collection.
Form Numbers: HUD-91070-OHF, HUD-91071-OHF, HUD-91073-OHF, HUD-
91111-OHF, HUD-91725-OHF, HUD-92013-OHF, HUD-92023-OHF, HUD-92070-OHF,
HUD-92080-OHF, HUD-92117-OHF, HUD-92205-OHF, HUD-92223-OHF, HUD-92266-
OHF, HUD-92322-OHF, HUD-92330-OHF, HUD-92330A-OHF, HUD-92403-OHF, HUD-
92403A-OHF, HUD-92415-OHF, HUD-92422-OHF, HUD-92434-OHF, HUD-92441-OHF,
HUD-92442-OHF, HUD-92448-OHF, HUD-92452A-OHF, HUD-92452-OHF, HUD-92455-
OHF, HUD-92456-OHF, HUD-92464-OHF, HUD-92466-OHF, HUD-92476-OHF, HUD-
92476A-OHF, HUD-92476B-OHF, HUD-92479-OHF, HUD-92554-OHF, HUD-92576-
OHF, HUD-93305-OHF, HUD-94000-OHF, HUD-94001-OHF, HUD-94128-OHF.
Description of the Need for the Information and Proposed Use
This collection of information is required specifically for the
application and administration of the Department of Housing and Urban
Development, Federal Housing Administration Section 242 Hospital
Mortgage Insurance Program pursuant to 24 CFR 242, 241, 223(f), and
223(a)(7). The collection is a comprehensive set of HUD documents that
are critically needed for processing applications and loan endorsements
for FHA mortgage insurance under the Section 242 Hospital Mortgage
Insurance Program, for ongoing asset management of such facilities, and
other information related to these facilities for loan modifications,
construction projects, and physical and environmental reviews. This
information is requested and is used by the Office of Healthcare
Facilities (OHF) and Office of Architecture and Engineering (OAE)
within FHA's Office of Healthcare Programs (OHP).
The purpose for which the information is being collected by HUD is
to review Section 242 applications to determine the eligibility of
applicant hospitals for FHA mortgage insurance, underwrite insured
hospital loans, ensure that the collateral securing each loan is
adequate, capture administrative data, process initial/final
endorsement, and manage FHA's hospital portfolio. Additional
information related to loan modifications, construction projects, and
physical and environmental reviews is collected if applicable.
The information being collected consists of various HUD forms that
program participants complete with project specifications, technical
descriptions, details, and/or signatures that are utilized by HUD
during various stages of the application, underwriting, commitment,
closing, and asset management processes involved with the
administration of FHA's Section 242 mortgage insurance program.
The information is used by HUD staff for internal review of
applications to determine if projects qualify for Section 242 hospital
mortgage insurance and to manage and monitor the application,
[[Page 24168]]
commitment, initial/final endorsement, asset management, and
administration processes needed to support hospital projects insured by
FHA. Agreements and legal documents are used by HUD staff, lenders,
borrowers, construction managers, and depository institutions, when
applicable, to process initial/final endorsement of loans. Information
reported for ongoing asset management of FHA-insured facilities will be
used by HUD staff to monitor and manage risk within the FHA portfolio
and ensure ongoing compliance with HUD Program Obligations. Information
is also be used by HUD staff to determine whether the Program meets its
stated goals and management objectives. The information is collected
from lenders/mortgage bankers, borrowers/hospital management officials,
attorneys, general contractors/construction managers, architects/
engineers, agents and others involved in hospital projects, which may,
at times include local government entities and other third parties, as
well as HUD staff to allow OHF to manage and monitor the application,
commitment, initial/final endorsement, asset management, and
administration processes needed to support hospital projects insured by
FHA.
This collection is needed to update and renew the current
collection that was approved for a 36-month period by OMB on August 19,
2016, with an expiration date of August 31, 2019. Where changes have
been made to existing OHF forms, the proposed versions are also
presented in both redline/strikeout and unmarked formats. New or
unchanged forms are presented in unmarked format. The revised hospital
documents can be viewed at: https://portal.hud.gov/hudportal/HUD?src=/federal_housing_administration/healthcare_facilities/section_242/additional_resources/242_docs_2019renewal.
Two new forms are being added to this collection: HUD-92266-OHF
(Application for Transfer of Physical Assets) and HUD-92476B-OHF
(Escrow Agreement for Proceeds from Partial Release of Collateral). The
HUD-92266-OHF form is based on an existing Office of Multifamily form,
modified for Section 242-insured hospitals. The application collects
the information required for OHF staff to review requests to transfer
insured physical assets to new purchasers that will continue to hold
the FHA-insured loan. The HUD-92476B-OHF is being added to provide an
escrow agreement template for infrequent instances when a borrower
sells and requests to release HUD-insured collateral. Both documents
are based on existing versions used by the Office of Housing in other
mortgage insurance programs but modified to appropriately reflect
Section 242 program needs.
HUD-9250-OHF (Funds Authorizations) will be removed from the
collection. The document was added to Collection 2502-0602 in a prior
submission and was based upon a similar form used for OHP's residential
care facility program. The form has proven to be unnecessary for the
Section 242 hospital program and will be removed.
Thirty-five of the forty documents within the collection are being
renewed with no operational content changes, except for updated burden
hour estimates and additional language added to the burden statements
to ensure that requirements under 5 CFR 1320.8(b)(3) are met.
Additional language (specifically, the phrase ``under penalty of
perjury'') was also added to clarify fraud warnings and certification
for forms with certifications. Revisions are proposed for the HUD-
92466-OHF (Regulatory Agreement), HUD-92422-OHF (Financial and
Statistical Data for HUD Reporting), and HUD-94000-OHF (Security
Instrument) to include edits that were made to clarify current policies
and definitions, reflect updated general accepted accounting standards,
or to address minor inconsistencies across documents. A summary of the
specific changes made to the revised documents is provided below.
Summary of Changes to Documents
HUD-92476B-OHF Escrow Agreement for Proceeds From Partial Release
of Collateral. New document used to establish an escrow agreement and
escrow account as part of the approval process for the partial release
of FHA-insured collateral. Document defines permitted uses of escrowed
proceeds, including usage for collateralized property improvements,
purchase of equipment, or principal payments of the FHA-insured
mortgage. Requires approval of all advances in writing by HUD and the
Lender.
HUD-92266-OHF Application for Transfer of Physical Assets. New
document based on an existing Office of Multifamily Housing application
form for Transfer of Physical Assets transactions, modified for Section
242-insured hospitals.
HUD-92422-OHF Financial and Statistical Data for HUD Reporting.
Definitions were updated to be consistent with account names, and a
definition for ``Allowances for Contractual Deductions and Bad Debt''
was added. ``Deferred Financing Costs'' was moved from the ``Limited
Use Assets'' to the ``Long Term Debt and Leases'' (previously ``Long
Term Debt and Capital Leases'') account. ``Right of Use Assets'' was
added to the ``Net PPE'' account. Some restricted and unrestricted net
asset accounts were combined and account names and definitions were
updated. A note was added to clarify that ``Bad Debt Expense'' can be
recorded as a separate line item, depending on the accounting reporting
standards being used.
HUD-94000-OHF Security Instrument/Mortgage/Deed of Trust. In
Section 1 (Definitions), the definition of Patient Accounts Receivables
was clarified in the definition of Accounts Receivables. The definition
of Personalty and Mortgaged Property was revised to add the income or
sales distributed from a joint venture.
HUD-92466-OHF Hospital Regulatory Agreement--Borrower. Changes were
made to sections of the Regulatory Agreement as follows:
Section 1 and Section 49 (Definitions). Revised to include
definitions found in 24 CFR 242.1 and Handbook 4615.1 to provide
clarity. Definitions section from Appendix D was moved to Section 49.
Definition of Patient Accounts Receivables was added for Distribution
of Assets in Section 18 and Additional Indebtedness in Section 20.
Section 11--Property and Operations; Encumbrances. Added
new item (g) regarding Borrower notification to HUD.
Section 17--Transactions With Affiliates. Clarified
transactions with Affiliates regarding lower of fully allocated cost or
market value.
Section 18--Distribution of Assets. Changed Section
18(b)(v) to reflect financial requirements per 24 CFR 242.1 for the
Surplus Cash definition. Included definitions and ratios in Section 49.
Section 19--Board Review/Business Plan/Consultants'
Report. Added ``BOARD REVIEW'' to title for clarity. In Section
19(c)(iv), removed ``pro forma balance sheet'' as a deliverable and
clarified Business Plan deliverables to HUD for income statement and
cash flow analysis. Combined the roles of ``Review Consultant'' and
``Independent Consultant'' into one consultant to allow for more timely
review and cost savings for Borrower.
Section 20--Additional Indebtedness. Under Long Term Debt,
clarified when HUD consent is needed versus notification and timing;
added CEO to parties eligible to submit documentation for notification;
and added new section 20(a)(vi) to specify
[[Page 24169]]
Borrower agreement to assets becoming part of the Mortgaged Property at
HUD's discretion upon release of a lien. Under Unsecured Short-Term
Debt, clarified when HUD consent is needed versus notification and
timing and added CEO to parties eligible to submit documentation for
notification. Added Section 20(c) for Lines of Credit to apply to
short-term and long-term lines of credits secured by accounts
receivable.
Section 21--Successor Clause. Removed Section 21(a).
Clarified successor clauses and definitions to emphasize HUD's option
for approval.
Section 29--Permits and Approvals. Added new Section 29(e)
regarding Borrower's responsibility to report accrediting organization
or entity findings to HUD upon occurrence, along with action plan
requirements.
Section 36--Actions Requiring Prior Written Approval of
HUD. Revised 36(g) to clarify when HUD approval is required for actions
impacting collateral under the FHA-insured mortgage. Added new item
36(q) for establishing, developing, or organizing a joint venture.
Respondents (i.e., affected public): Business or other for pro-fit;
Not-for-profit institutions.
Estimated Number of Respondents: 485.
Estimated Number of Responses: 1,069.
Frequency of Response: 2.2.
Average Hours per Response: 74.
Total Estimated Burdens: $79,426.
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 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35.
Dated: May 13, 2019.
Vance T. Morris,
Special Assistant to the Assistant Secretary for Housing--Federal
Housing Commissioner.
[FR Doc. 2019-10932 Filed 5-23-19; 8:45 am]
BILLING CODE 4210-67-P