60-Day Notice of Proposed Information Collection: Electronic Closing and Continued First Lien Priority Certificates for FHA-Insured Commercial Mortgage Transactions; OMB Control No.: 2502-0618, 85904-85905 [2023-27046]

Download as PDF 85904 Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices This notice informs the public that HUD is seeking approval from OMB for 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 May 10, 2023, at 88 FR 30152. SUPPLEMENTARY INFORMATION: A. Overview of Information Collection Title of Information Collection: Consolidated Public Housing Certification of Completion. Certification ............................................................................... Total ................................................................................... 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 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. lotter on DSK11XQN23PROD with NOTICES1 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 Policy Development and Research, Chief Data Officer. [FR Doc. 2023–27060 Filed 12–8–23; 8:45 am] BILLING CODE 4210–67–P VerDate Sep<11>2014 17:35 Dec 08, 2023 Jkt 262001 Frequency of response Number of respondents Information collection B. Solicitation of Public Comment HUD that contract requirements have been satisfied for a specific project. Respondents: Public Housing Agencies. Estimated Number of Respondents: 58. Estimated Number of Responses: 58. Frequency of Response: 1 per project. Average Hours per Response: 1 hr. Total Estimated Burdens: 58 hrs. OMB Approval Number: 2577–0021. Type of Request: Reinstatement, without change, of previously approved collection for which approval has expired. Form Number: None. Description of the need for the information and proposed use: Public Housing Agencies (PHAs) certify to HUD that contract requirements and standards have been satisfied in a project development and HUD may authorize payment of funds due the contractor/developer. The Certification is submitted by a PHA to indicate to 58 I 58 Responses per annum 1 I 1 Burden hour per response 58 I 58 1.0 I DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7071–N–14] 60-Day Notice of Proposed Information Collection: Electronic Closing and Continued First Lien Priority Certificates for FHA-Insured Commercial Mortgage Transactions; OMB Control No.: 2502–0618 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: February 9, 2024. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Written comments and recommendations for the proposed information collection can be submitted within 60 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 60-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal by name and/or OMB Control Number and can be sent to: Colette Pollard, Reports Management Officer, REE, Department of Housing SUMMARY: PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 Annual burden hours 1.0 Hourly cost per response 58 I 58 Annual cost $40 I 40 $2,320 I 2,320 and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000 or email at PaperworkReductionActOffice@ hud.gov. FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, 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. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech and communication disabilities. To learn more about how to make an accessible telephone call, please visit https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. 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. A. Overview of Information Collection Title of Information Collection: Electronic Closing and Continued First Lien Priority Certificates for FHAInsured Commercial Mortgage Transactions. OMB Approval Number: 2502–0618. OMB Expiration Date: 03/31/2024. Type of Request: Revision of currently approved collection. Form Numbers: HUD–5985L, HUD– 5985B, and HUD–5985IRR. Description of the need for the information and proposed use: E:\FR\FM\11DEN1.SGM 11DEN1 85905 Federal Register / Vol. 88, No. 236 / Monday, December 11, 2023 / Notices HUD is adding to the collection two (2) documents (HUD–5985L and HUD– 5985B) that will be used to facilitate uniform electronic closings of FHAinsured commercial mortgage closings, allow for the use of digital signatures and digital records where they are consistent with program obligations, and determine the parties’ compliance with applicable legal requirements and therefore ensure protection of the FHA insurance fund; and one (1) document (HUD–5985IRR) that will be used by the FHA Lender to certify to HUD certain conditions required as part of a request to reduce the interest rate of an existing FHA-insured commercial mortgage (often due to market fluctuations that lower the interest rate and save the project money by making this reduction). In addition, the name of this collection is being changed from COVID19 HUD Contingency Plan for HUD Multifamily Rental Project Closing Documents to Electronic Closing and Continued First Lien Priority Certificates for FHA-Insured Commercial Mortgage Transactions. Respondents: Business or other forprofit, Not-for-profit institutions, State, Local or Tribal Government. Estimated Number of Respondents: 3,094. Estimated Number of Responses: 3,217. Frequency of Response: 1.033 per annum. Average Hours per Response: 0.833 hour. Total Estimated Burden: 2,900. lotter on DSK11XQN23PROD with NOTICES1 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 Jeffrey D. Little, General Deputy Assistant Secretary, Office of Housing. [FR Doc. 2023–27046 Filed 12–8–23; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–7070–N–91] 30-Day Notice of Proposed Information Collection: Floodplain Management and Protection of Wetlands, OMB Control No.: 2506–0151 Office of Policy Development and Research, Chief Data Officer, 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 an additional 30 days of public comment. DATES: Comments Due Date: January 10, 2024. 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/ PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. Interested persons are also invited to submit comments regarding this proposal and comments should refer to the proposal by name and/or OMB Control Number and should be sent to: Colette Pollard, Clearance Officer, REE, Department of SUMMARY: Information collection/form number Estimated number of respondents Frequency of response 275 1 ICR#: 2506–0151 24 CFR 55.20 .............................................. VerDate Sep<11>2014 17:35 Dec 08, 2023 Jkt 262001 PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 Responses per annum Housing and Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410–5000; email PaperworkReductionActOffice@ hud.gov. FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management Officer, REE, Department of Housing and Urban Development, 451 7th Street SW, Washington, DC 20410; email Colette.Pollard@hud.gov or telephone 202–402–3400. This is not a toll-free number. HUD welcomes and is prepared to receive calls from individuals who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. To learn more about how to make an accessible telephone call, please visit: https:// www.fcc.gov/consumers/guides/ telecommunications-relay-service-trs. Copies of available documents submitted to OMB may be obtained from Ms. Pollard. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is seeking approval from OMB for 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 15, 2023 at 88 FR 63596. A. Overview of Information Collection Title of Information Collection: 24 CFR 55, Floodplain Management and Protection of Wetlands. OMB Approval Number: 2506–0151. Type of Request: Extension of currently approved collection: Description of the need for the information and proposed use: 24 CFR 55 implements decision-making procedures prescribed by Executive Order 11988 with which applicants must comply before HUD financial assistance can be approved for projects that are located within floodplains. Records of compliance must be kept. Respondents: 575. Information Collection/Form Number: N/A. Estimated Number of Respondents: 575. Frequency of Response: 1. Responses per Annum: 575. Average Burden Hours per Response: Varies. Total Estimated Burdens: 2,500 hours. Average burden hour per response 275 E:\FR\FM\11DEN1.SGM Annual burden hours 8 11DEN1 2,200 Hourly cost per response 44.00 Annual cost 96,800

Agencies

[Federal Register Volume 88, Number 236 (Monday, December 11, 2023)]
[Notices]
[Pages 85904-85905]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-27046]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7071-N-14]


60-Day Notice of Proposed Information Collection: Electronic 
Closing and Continued First Lien Priority Certificates for FHA-Insured 
Commercial Mortgage Transactions; OMB Control No.: 2502-0618

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: February 9, 2024.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Written comments and recommendations for the proposed 
information collection can be submitted within 60 days of publication 
of this notice to www.reginfo.gov/public/do/PRAMain. Find this 
particular information collection by selecting ``Currently under 60-day 
Review--Open for Public Comments'' or by using the search function. 
Interested persons are also invited to submit comments regarding this 
proposal by name and/or OMB Control Number and can be sent to: Colette 
Pollard, Reports Management Officer, REE, Department of Housing and 
Urban Development, 451 7th Street SW, Room 8210, Washington, DC 20410-
5000 or email at [email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, REE, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email [email protected] ; 
telephone 202-402-3400. This is not a toll-free number. HUD welcomes 
and is prepared to receive calls from individuals who are deaf or hard 
of hearing, as well as individuals with speech and communication 
disabilities. To learn more about how to make an accessible telephone 
call, please visit https://www.fcc.gov/consumers/guides/telecommunications-relay-service-trs.
    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.

A. Overview of Information Collection

    Title of Information Collection: Electronic Closing and Continued 
First Lien Priority Certificates for FHA-Insured Commercial Mortgage 
Transactions.
    OMB Approval Number: 2502-0618.
    OMB Expiration Date: 03/31/2024.
    Type of Request: Revision of currently approved collection.
    Form Numbers: HUD-5985L, HUD-5985B, and HUD-5985IRR.
    Description of the need for the information and proposed use:

[[Page 85905]]

    HUD is adding to the collection two (2) documents (HUD-5985L and 
HUD-5985B) that will be used to facilitate uniform electronic closings 
of FHA-insured commercial mortgage closings, allow for the use of 
digital signatures and digital records where they are consistent with 
program obligations, and determine the parties' compliance with 
applicable legal requirements and therefore ensure protection of the 
FHA insurance fund; and one (1) document (HUD-5985IRR) that will be 
used by the FHA Lender to certify to HUD certain conditions required as 
part of a request to reduce the interest rate of an existing FHA-
insured commercial mortgage (often due to market fluctuations that 
lower the interest rate and save the project money by making this 
reduction). In addition, the name of this collection is being changed 
from COVID19 HUD Contingency Plan for HUD Multifamily Rental Project 
Closing Documents to Electronic Closing and Continued First Lien 
Priority Certificates for FHA-Insured Commercial Mortgage Transactions.
    Respondents: Business or other for-profit, Not-for-profit 
institutions, State, Local or Tribal Government.
    Estimated Number of Respondents: 3,094.
    Estimated Number of Responses: 3,217.
    Frequency of Response: 1.033 per annum.
    Average Hours per Response: 0.833 hour.
    Total Estimated Burden: 2,900.

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

Jeffrey D. Little,
General Deputy Assistant Secretary, Office of Housing.
[FR Doc. 2023-27046 Filed 12-8-23; 8:45 am]
BILLING CODE 4210-67-P
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