60-Day Notice of Proposed Information Collection: Housing Finance Agency Risk-Sharing Program, 34459-34460 [2020-12076]

Download as PDF Federal Register / Vol. 85, No. 108 / Thursday, June 4, 2020 / Notices 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: August 3, 2020. 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: Anna P. Guido, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, Room 4176, Washington, DC 20410–5000; telephone (202) 402–5534 (this is not a toll-free number) or email at Anna.P.Guido@hud.gov for a copy of the proposed forms or other available information. Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. FOR FURTHER INFORMATION CONTACT: Anna P. Guido, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410–5000; email Anna P. Guido at Anna.P.Guido@ hud.gov or telephone (202) 402–5535 (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. Copies of available documents submitted to OMB may be obtained from Ms. Guido. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the proposed collection of information described in Section A. khammond on DSKJM1Z7X2PROD with NOTICES A. Overview of Information Collection Title of Information Collection: 2021 Rental Housing Finance Survey. OMB Approval Number: 2528–0276. Type of Request: Revision. Form Number: None. Description of the need for the information and proposed use: The Rental Housing Finance Survey (RHFS) provides a measure of financial, mortgage, and property characteristics of rental housing properties in the United States. RHFS focuses on mortgage financing of rental housing properties, with emphasis on new originations for purchase-money mortgages and refinancing, and the characteristics of these new originations. VerDate Sep<11>2014 17:24 Jun 03, 2020 Jkt 250001 The RHFS will collect data on property values of residential structures, characteristics of residential structures, rental status and rental value of units within the residential structures, commercial use of space within residential structures, property management status, ownership status, a detailed assessment of mortgage financing, and benefits received from Federal, state, local, and nongovernmental programs. Many of the questions are the same or similar to those found on the 1995 Property Owners and Managers Survey, the rental housing portion of the 2001 Residential Finance Survey, and previous collections of the Rental Housing Finance Survey. This survey does not duplicate work done in other existent HUD surveys or studies that deal with rental units financing. Policy analysts, program managers, budget analysts, and Congressional staff can use the survey’s results to advise executive and legislative branches about the mortgage finance characteristics of the rental housing stock in the United States and the suitability of public policy initiatives. Academic researchers and private organizations will also utilize the data to facilitate their research and projects. The Department of Housing and Urban Development (HUD) needs the RHFS data for the following two reasons: 1. This is the only source of information on the rental housing finance characteristics of rental properties. 2. HUD needs this information to gain a better understanding of the mortgage finance characteristics of the rental housing stock in the United States to evaluate, monitor, and design HUD programs. Members of affected public: Owners and managers of rental properties. Estimated number of respondents: 10,000. Estimated time per response: 60 minutes. Frequency of response: One time every three years. Estimated total annual burden hours: 10,000. Estimated total annual cost: The only cost to respondents is that of their time. Respondent’s obligation: Voluntary. Legal authority: This survey is conducted under Title 13, U.S.C., Section 8b and Title 12, U.S.C., Section 1701z–1 et seq. B. Solicitation of Public Comment This notice is soliciting comments from members of the public and affected parties concerning the collection of PO 00000 Frm 00063 Fmt 4703 Sfmt 4703 34459 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. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. The Assistant Secretary for Policy Development and Research, Seth Appleton, having reviewed and approved this document, is delegating the authority to electronically sign this document to submitter, Nacheshia Foxx, who is the Federal Register Liaison for HUD, for purposes of publication in the Federal Register. Dated: June 1, 2020. Nacheshia Foxx, Federal Liaison for the Department of Housing and Urban Development. [FR Doc. 2020–12079 Filed 6–3–20; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7027–N–19; OMB Control No.: 2502–0500] 60-Day Notice of Proposed Information Collection: Housing Finance Agency Risk-Sharing Program Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Notice. AGENCY: 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: August 3, 2020. SUMMARY: E:\FR\FM\04JNN1.SGM 04JNN1 34460 Federal Register / Vol. 85, No. 108 / Thursday, June 4, 2020 / Notices 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: Colette 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 (this is not a toll-free number) or email at Colette.Pollard@hud.gov for a copy of the proposed forms or other available information. Persons with hearing or speech impairments may access this number through TTY by calling the tollfree Federal Relay Service at (800) 877– 8339. 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 at Colette.Pollard@ hud.gov or telephone 202–402–3400. 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. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for the information collection described in Section A. ADDRESSES: khammond on DSKJM1Z7X2PROD with NOTICES A. Overview of Information Collection Title of Information Collection: Housing Finance Agency Risk-Sharing Program. OMB Approval Number: 2502–0500. OMB Expiration Date: 4/30/2020. Type of Request: Revision of a currently approved collection. Form Numbers: HUD–94192, HUD– 94193, HUD–94194, HUD–94195, HUD– 94196. Description of the need for the information and proposed use: Section 542 of the Housing and Community Development Act of 1992 directs the Secretary to implement risk sharing with State and local housing finance agencies (HFAs). Under this program, HUD provides full mortgage insurance on multifamily housing projects whose loans are underwritten, processed, and serviced by HFAs. The HFAs will reimburse HUD a certain percentage of any loss under an insured loan depending upon the level of risk the HFA contracts to assume. Respondents (i.e., affected public): Business and other for profit. Estimated Number of Respondents: 6,530. Estimated Number of Responses: 22,374. VerDate Sep<11>2014 17:24 Jun 03, 2020 Jkt 250001 Frequency of Response: Annually, semi-annually, and on-occasion. Average Hours per Response: 1 hour to 40 hours. Total Estimated Burden: 43,023. 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. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35. The General Deputy Assistant Secretary for Housing, John L. Garvin, having reviewed and approved this document, is delegating the authority to electronically sign this document to submitter, Nacheshia Foxx, who is the Federal Register Liaison for HUD, for purposes of publication in the Federal Register. Mortgage Limits for Multifamily Housing Programs for Calendar Year 2020. DATES: Applicable Date: January 1, 2020. FOR FURTHER INFORMATION CONTACT: Patricia M. Burke, Acting Director, Office of Multifamily Development, Department of Housing and Urban Development, 451 Seventh Street SW, Washington, DC 20410–8000, telephone (202) 402–5693 (this is not a toll-free number). Hearing or speech-impaired individuals may access this number through TTY by calling Federal Relay Service at (800) 877–8339 (this is a tollfree number). SUPPLEMENTARY INFORMATION: The FHA Down Payment 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: I. Section 207(c)(3)(A) (12 U.S.C. 1713(c)(3)(A)); II. Section 213(b)(2)(A) (12 U.S.C. 1715e(b)(2)(A)); III. Section 220(d)(3)(B)(iii)(I) (12 U.S.C. 1715k(d)(3)(B)(iii)(I)); IV. Section 221(d)(4)(ii)(I) (12 U.S.C. 1715l(d)(4)(ii)(I)); V. Section 231(c)(2)(A) (12 U.S.C. 1715v(c)(2)(A)); and VI. Section 234(e)(3)(A) (12 U.S.C. 1715y(e)(3)(A)). The Dollar Amounts in these sections are the base per unit statutory limits for Federal Housing Administration’s (FHA) multifamily mortgage programs collectively referred to as the ‘Dollar Amounts.’ They are adjusted annually (commencing in 2004) on the effective date of the Consumer Financial Protection Bureau’s (CFPB’s) adjustment Dated: June 1, 2020. of the $400 figure in the Home Nacheshia Foxx, Federal Liaison for the Department of Housing Ownership and Equity Protection Act of 1994 (HOEPA) (Pub. L. 103–325, and Urban Development. approved September 23, 1994). The [FR Doc. 2020–12076 Filed 6–3–20; 8:45 am] adjustment of the Dollar Amounts shall BILLING CODE 4210–67–P be calculated using the percentage change in the Consumer Price Index for All Urban Consumers (CPI–U) as DEPARTMENT OF HOUSING AND applied by the CFPB for purposes of the URBAN DEVELOPMENT above-described HOEPA adjustment. [Docket No. FR–6212–N–01] The percentage change in the CPI–U used for the HOEPA adjustment is 2.3 Annual Indexing of Basic Statutory percent and the effective date of the Mortgage Limits for Multifamily HOEPA adjustment is January 1, 2020. Housing Programs The Dollar Amounts under Section 206A have been adjusted AGENCY: Office of the Assistant Secretary for Housing—Federal Housing correspondingly and have an effective date of January 1, 2020. Commissioner, HUD. These revised statutory limits, high ACTION: Notice. cost areas and per unit cost thresholds for substantial rehabilitation may be SUMMARY: In accordance with Section 206A of the National Housing Act, HUD applied to FHA multifamily mortgage insurance applications submitted or has adjusted the Basic Statutory PO 00000 Frm 00064 Fmt 4703 Sfmt 4703 E:\FR\FM\04JNN1.SGM 04JNN1

Agencies

[Federal Register Volume 85, Number 108 (Thursday, June 4, 2020)]
[Notices]
[Pages 34459-34460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12076]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7027-N-19; OMB Control No.: 2502-0500]


60-Day Notice of Proposed Information Collection: Housing Finance 
Agency Risk-Sharing Program

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, 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: August 3, 2020.

[[Page 34460]]


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: Colette 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 (this is not a toll-free number) or email at 
[email protected] for a copy of the proposed forms or other 
available 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.

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 at 
[email protected] or telephone 202-402-3400. 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.

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: Housing Finance Agency Risk-
Sharing Program.
    OMB Approval Number: 2502-0500.
    OMB Expiration Date: 4/30/2020.
    Type of Request: Revision of a currently approved collection.
    Form Numbers: HUD-94192, HUD-94193, HUD-94194, HUD-94195, HUD-
94196.
    Description of the need for the information and proposed use: 
Section 542 of the Housing and Community Development Act of 1992 
directs the Secretary to implement risk sharing with State and local 
housing finance agencies (HFAs). Under this program, HUD provides full 
mortgage insurance on multifamily housing projects whose loans are 
underwritten, processed, and serviced by HFAs. The HFAs will reimburse 
HUD a certain percentage of any loss under an insured loan depending 
upon the level of risk the HFA contracts to assume.
    Respondents (i.e., affected public): Business and other for profit.
    Estimated Number of Respondents: 6,530.
    Estimated Number of Responses: 22,374.
    Frequency of Response: Annually, semi-annually, and on-occasion.
    Average Hours per Response: 1 hour to 40 hours.
    Total Estimated Burden: 43,023.

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.

    Authority:  Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35.

    The General Deputy Assistant Secretary for Housing, John L. Garvin, 
having reviewed and approved this document, is delegating the authority 
to electronically sign this document to submitter, Nacheshia Foxx, who 
is the Federal Register Liaison for HUD, for purposes of publication in 
the Federal Register.

    Dated: June 1, 2020.
Nacheshia Foxx,
Federal Liaison for the Department of Housing and Urban Development.
[FR Doc. 2020-12076 Filed 6-3-20; 8:45 am]
 BILLING CODE 4210-67-P