Proposed Rules. Notice

Agency: Office of Policy Development and Research, Chief Data Officer, HUD
Action: Notice
Citation: FR Doc. 2023-27048 · Docket No. FR-7070-N-90

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 an additional 30 days of public comment.

Dates

Comments Due Date: January 10, 2024.

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 October 7, 2022 at 87 FR 61095. A. Overview of Information Collection Title of Information Collection: Mortgagor's Certificate of Actual Cost. OMB Approval Number: 2502-0112. Type of Request: Reinstatement, with change, of previously approved collection for which approval has expired. Form Number: HUD-92330. Description of the need for the information and proposed use: HUD uses form HUD-92330 to obtain data from a mortgagor relative to actual cost of a project. The mortgagor is required to certify to HUD the project's actual cost by submitting the form. HUD uses the cost information to determine the maximum insurable mortgage for final endorsement of an insured mortgage. Actual cost is defined in section 227c of National Housing Act. In addition, form HUD-92330 must be accompanied by an audited balance sheet certified by an accountant unless the project has less than 40 units, or if it is a refinancing or a purchase of an existing project under sections 207/223f or 232/223f of the National Housing Act. Estimated Number of Respondents: 1,168. Estimated Number of Responses: 1,168. Frequency of Response: 1. Average Hours per Response: 8. Total Estimated Burden: 9,344. 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. (5) ways to minimize the burden of the collection of information on those who are 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 Policy Development and Research, Chief Data Officer. [FR Doc. 2023-27048 Filed 12-8-23; 8:45 am]