[Federal Register Volume 83, Number 159 (Thursday, August 16, 2018)]
[Notices]
[Pages 40780-40781]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-17673]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7005-N-13]
60-Day Notice of Proposed Information Collection: Multifamily
Financial Management Template
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: HUD is seeking approval from the Office of Management and
Budget (OMB) for the information collection described below. In
accordance with the
[[Page 40781]]
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: October 15, 2018.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control Number and should be sent to: Colette Pollard, Reports
Management Officer, QDAM, Department of Housing and Urban Development,
451 7th Street SW, Room 4176, Washington, DC 20410-5000; telephone 202-
402-3400 (this is not a toll-free number) or email at
[email protected] for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Harry Messner, Housing Program
Manager, Office of Asset Management and Portfolio Oversight, Department
of Housing and Urban Development, 451 7th Street SW, Washington, DC
20410, telephone (202) 708-2626. This is not a toll-free number.
Persons with hearing or speech impairments may access this number
through TTY by calling the toll-free Federal Relay Service at (800)
877-8339.
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.
A. Overview of Information Collection
Title of Information Collection: Multifamily Financial Management
Template.
OMB Approval Number: 2502-0551.
Type of Request: Reinstatement, without change, of previously
approved collection expiring. (OMB Expiration Date: September 30,
2018).
Form Number: None.
Description of the Need for the Information and Proposed Use:
Owners of certain HUD-insured and HUD-assisted properties are required
to submit annual financial statements to HUD via the internet in the
HUD-prescribed format and chart of accounts, and in accordance with the
generally accepted accounting principles (GAAP). Most owners of
multifamily housing (MFH) properties are required to submit annual
financial statements to HUD. In accordance with the Department's
Uniform Financial Reporting Standards (UFRS) regulation, 24 CFR part 5,
owners of certain HUD-insured and HUD-assisted properties are required
to submit annual financial statements electronically to HUD via the
internet in the HUD-prescribed format and chart of accounts, and in
accordance with the generally accepted accounting principles (GAAP).
The Department uses this information to monitor the owner's compliance
with regulatory requirements and to assess fiscal performance.
Respondents: Business or other for profit.
Estimated Number of Respondents: 26,995.
Estimated Number of Responses: 26,995.
Frequency of Response: Annually.
Average Hours per Response: 14.
Total Estimated Burden: 377,930.
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.
Authority: Section 3507 of the Paperwork Reduction Act of 1995,
44 U.S.C. Chapter 35.
Dated: July 25, 2018.
Vance T. Morris,
Special Assistant to the Assistant Secretary for Housing, Federal
Housing Commissioner, H.
[FR Doc. 2018-17673 Filed 8-15-18; 8:45 am]
BILLING CODE 4210-67-P