[Federal Register Volume 77, Number 180 (Monday, September 17, 2012)]
[Notices]
[Pages 57104-57105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-22904]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5603-N-63]


Notice of Submission of Proposed Information Collection to OMB; 
Loan Guarantees for Indian Housing

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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 required by section 184 of the Housing and 
Community Development Act of 1994, as amended by section 701 of the 
Native American Housing Assistance and Self- Determination Act of 1996 
and implementing regulations at 24 CFR part 1005. HUD has the authority 
to guarantee loans for the construction, acquisition, rehabilitation or 
refinance of 1- to 4-family homes to be owned by Native Americans in 
restricted Indian lands or service areas. Mortgage lenders approved by 
HUD provide borrower and lender information to HUD for guarantee of the 
loan. If the information was not provided then HUD would be unable to 
guarantee loans and as a result lenders would be unable to provide 
financing to Native Americans.

DATES: Comments Due Date: October 17, 2012.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2577-0200) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806. Email: [email protected] fax: 202-395-5806.

FOR FURTHER INFORMATION CONTACT: Colette Pollard., Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
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 the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate 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) 
Evaluate the accuracy of the agency's estimate of the burden of the 
proposed collection of information; (3) Enhance the quality, utility, 
and clarity of the information to be collected; and (4) 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.
    This notice also lists the following information:
    Title of Proposal: Loan Guarantees for Indian Housing.
    OMB Approval Number: 2577-0200.
    Form Numbers: IRA/FNMA Universal forms, Fannie Mae Form 1003A, 
Fannie Mae Form 1006, Fannie Mae Form 1005.

Description of the Need for the Information and Its Proposed Use

    The information is required by section 184 of the Housing and 
Community Development Act of 1994, as amended by section 701 of the 
Native American Housing Assistance and Self- Determination Act of 1996 
and implementing regulations at 24 CFR part 1005. HUD has the authority 
to guarantee loans for the construction, acquisition, rehabilitation or 
refinance of 1- to 4-family homes to be owned by Native Americans in 
restricted Indian lands or service areas. Mortgage lenders approved by 
HUD provide borrower and lender information to HUD for guarantee of the 
loan. If the information was not provided then HUD would be unable to 
guarantee loans and as a result lenders would be unable to provide 
financing to Native Americans.

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                                            Number of          Annual              Hours per
                                           respondents       responses      x       response       Burden hours
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Reporting Burden.......................           3,000           19.366                 0.358           20,805
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[[Page 57105]]

    Total Estimated Burden Hours: 20,805.
    Status: Reinstatement with change of previously approved 
collection.

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

    Dated: September 11, 2012.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2012-22904 Filed 9-14-12; 8:45 am]
BILLING CODE 4210-67-P