Department of Housing and Urban Development January 10, 2013 – Federal Register Recent Federal Regulation Documents
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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
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.
Notice of Proposed Information Collection for Public Comment: Notice of Funding Availability for the Transformation Initiative: Rental Assistance Demonstration Research Grant Program
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 U.S. Department of the Housing and Urban Development (HUD) intends to make funding available from the FY 2012 Transformation Initiative for Research Grants related to the Rental Assistance Demonstration. This information collection is for applications for funding, and reporting requirements for funded applications.
Notice of Proposed Information Collection for Public Comment: Neighborhood Stabilization Program Tracking Study
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.
Notice of Proposed Information Collection for Public Comment: 2013 American Housing Survey
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 of 1995, Public Law 104-13 (44 U.S.C. 3506 (c)(2)(A)). The Department is soliciting public comments on the subject proposal. The American Housing Survey (AHS) is a longitudinal survey that provides a periodic measure of the size and composition of the country's housing inventory. Like the previous surveys, the 2013 AHS will collect data on subjects such as the amount and types of changes in the inventory, the physical condition of the inventory, the characteristics of the occupants, housing costs, the persons eligible for and beneficiaries of assisted housing, and the number and characteristics of vacancies. A supplemental sample of housing units will be selected for approximately 25 metropolitan areas. The supplemental sample will be combined with existing sample in these areas in order to produce metropolitan estimates.
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