30-Day Notice of Proposed Information Collection: Operating Fund Shortfall Program Financial Reporting and Monitoring, OMB Control No.: 2577-New, 69673 [2021-26556]
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Federal Register / Vol. 86, No. 233 / Wednesday, December 8, 2021 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7034–N–69]
30-Day Notice of Proposed Information
Collection: Operating Fund Shortfall
Program Financial Reporting and
Monitoring, OMB Control No.: 2577New
Office of the Chief Information
Officer, HUD.
ACTION: Notice.
AGENCY:
HUD has submitted the
proposed information collection
requirement described below to the
Office of Management and Budget
(OMB) for review, in accordance with
the Paperwork Reduction Act. The
purpose of this notice is to allow for an
additional 30 days of public comment.
DATES: Comments Due Date: January 7,
2022.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
Start Printed Page 15501PRAMain. Find
this particular information collection by
selecting ‘‘Currently under 30-day
Review—Open for Public Comments’’ or
by using the search function.
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. Copies of
available documents submitted to OMB
may be obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD has
submitted to OMB a request for
approval of the information collection
described in Section A. The Federal
Register notice that solicited public
comment on the information collection
for a period of 60 days was published
on September 17, 2021 at 86 FR 51011.
jspears on DSK121TN23PROD with NOTICES1
SUMMARY:
A. Overview of Information Collection
Title of Information Collection:
OpFund Shortfall Program Financial
Reporting and Monitoring.
OMB Control Number: 2577-New.
Type of Request: New.
Agency Form Numbers: HUD–
XXXXX, HUD–XXXXX, HUD–XXXXX,
HUD–XXXXX, HUD–52574.
Description of the Need for the
Information and Proposed Use:
The Shortfall Program has been in
operation for two years and was created
VerDate Sep<11>2014
16:53 Dec 07, 2021
Jkt 256001
through annual Appropriations laws
providing a $25 million set-aside in the
Public Housing Fund to assist Public
Housing Agencies (PHAs) experiencing
or at risk of financial shortfalls. The
program targets PHAs with the lowest
Public Housing reserves. Funding is
allocated to raise PHAs’ reserves to two
months of expenses. The calculation
that determines this value is outlined in
Section 4 of the Shortfall Notice: PIH–
2021–12. Along with the infusion of
funds, PHAs create Improvement Plans
to improve their financial situation and
address financial issues. However,
without a Paperwork Reduction Act
(PRA) approved information collection,
it is difficult to monitor the PHAs
financial changes and successes in an
expeditious way. OMB requested that
PIH begin to collect enough information
from PHAs to evaluate the efficacy of
the program in improving PHA’s
financial situation. This PRA
information collection is being
submitted to improve the effectiveness
of the program (through monitoring and
risk management) which ultimately
helps the PHAs reach sustainable
financial success. This PRA information
collection will include a short-form
budget for PHAs to report their budget
and actuals through the year so that
financial and operational performance
can be evaluated; an Action Item
Template, which will increase
accountability towards making financial
improvements; and Shortfall Program
Application and Appeal forms. These
forms will be accessible to PHA and
HUD staff through a web-based portal to
increase operational efficiency.
Respondents (i.e. affected public):
Public Housing Agencies.
Estimated Number of Respondents:
3,300.
Estimated Number of Responses:
4,274.
Frequency of Response: Varies.
Average Hours per Response: .55.
Total Estimated Burdens: 537.5.
Burden hours for form(s) showing
zero burden hours in this collection are
reflected in the OMB approval number
cited or do not have a reportable
burden.
B. Solicitation of Public Comment
This notice is soliciting comments
from members of the pubic 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;
PO 00000
Frm 00063
Fmt 4703
Sfmt 4703
69673
(2) The accuracy of the agency’s
estimate of 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.
(5) Ways to minimize the burden of
the collection of information on those
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
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.
Colette Pollard,
Department Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2021–26556 Filed 12–7–21; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7046–C–06]
Privacy Act of 1974; System of
Records: Correction
Office of the Chief Financial
Officer, HUD.
ACTION: Notice of a modified system of
records; correction.
AGENCY:
Line of Credit Controls
System (LOCCS), an Office of the Chief
Financial Officer (OCFO) system, is a
disbursement and cash management
system that services the funding needs
of HUD’s grant, loan, and subsidy
clients. Under the Privacy Act of 1974,
the Department of Housing and Urban
Development, the Office of the Chief
Financial Officer proposes to update the
system of records titled, Line of Credit
Controls System. This system of records
allows the Department of Housing and
Urban Development OCFO’s LOCCS to
collect and maintain records on
grantees. Because of a review of this
system, information has been updated
within the System Location section of
the SORN and the authorities to collect
information for LOCCS has been
updated. This notice replaces the notice
HUD published on November 18, 2021
at 86 FR 64511.
SUMMARY:
E:\FR\FM\08DEN1.SGM
08DEN1
]]>Agencies
[Federal Register Volume 86, Number 233 (Wednesday, December 8, 2021)]
[Notices]
[Page 69673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26556]
[[Page 69673]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7034-N-69]
30-Day Notice of Proposed Information Collection: Operating Fund
Shortfall Program Financial Reporting and Monitoring, OMB Control No.:
2577-New
AGENCY: Office of the Chief Information Officer, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: HUD has submitted the proposed information collection
requirement described below to the Office of Management and Budget
(OMB) for review, in accordance with the Paperwork Reduction Act. The
purpose of this notice is to allow for an additional 30 days of public
comment.
DATES: Comments Due Date: January 7, 2022.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/Start Printed Page
15501PRAMain. Find this particular information collection by selecting
``Currently under 30-day Review--Open for Public Comments'' or by using
the search function.
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. Copies of available documents submitted to OMB may be
obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD has
submitted to OMB a request for approval of the information collection
described in Section A. The Federal Register notice that solicited
public comment on the information collection for a period of 60 days
was published on September 17, 2021 at 86 FR 51011.
A. Overview of Information Collection
Title of Information Collection: OpFund Shortfall Program Financial
Reporting and Monitoring.
OMB Control Number: 2577-New.
Type of Request: New.
Agency Form Numbers: HUD-XXXXX, HUD-XXXXX, HUD-XXXXX, HUD-XXXXX,
HUD-52574.
Description of the Need for the Information and Proposed Use:
The Shortfall Program has been in operation for two years and was
created through annual Appropriations laws providing a $25 million set-
aside in the Public Housing Fund to assist Public Housing Agencies
(PHAs) experiencing or at risk of financial shortfalls. The program
targets PHAs with the lowest Public Housing reserves. Funding is
allocated to raise PHAs' reserves to two months of expenses. The
calculation that determines this value is outlined in Section 4 of the
Shortfall Notice: PIH-2021-12. Along with the infusion of funds, PHAs
create Improvement Plans to improve their financial situation and
address financial issues. However, without a Paperwork Reduction Act
(PRA) approved information collection, it is difficult to monitor the
PHAs financial changes and successes in an expeditious way. OMB
requested that PIH begin to collect enough information from PHAs to
evaluate the efficacy of the program in improving PHA's financial
situation. This PRA information collection is being submitted to
improve the effectiveness of the program (through monitoring and risk
management) which ultimately helps the PHAs reach sustainable financial
success. This PRA information collection will include a short-form
budget for PHAs to report their budget and actuals through the year so
that financial and operational performance can be evaluated; an Action
Item Template, which will increase accountability towards making
financial improvements; and Shortfall Program Application and Appeal
forms. These forms will be accessible to PHA and HUD staff through a
web-based portal to increase operational efficiency.
Respondents (i.e. affected public): Public Housing Agencies.
Estimated Number of Respondents: 3,300.
Estimated Number of Responses: 4,274.
Frequency of Response: Varies.
Average Hours per Response: .55.
Total Estimated Burdens: 537.5.
Burden hours for form(s) showing zero burden hours in this
collection are reflected in the OMB approval number cited or do not
have a reportable burden.
B. Solicitation of Public Comment
This notice is soliciting comments from members of the pubic 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 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.
(5) Ways to minimize the burden of the collection of information on
those who are to respond, including the use of automated collection
techniques or other forms of information technology.
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.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information
Officer.
[FR Doc. 2021-26556 Filed 12-7-21; 8:45 am]
BILLING CODE 4210-67-P
