[Federal Register Volume 75, Number 215 (Monday, November 8, 2010)]
[Notices]
[Pages 68615-68616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-28168]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5376-N-101]


Notice of Submission of Proposed Information Collection to OMB; 
Public Housing Capital Fund Financing

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.
    Each year Congress appropriates funds to approximately 3,200 Public 
Housing Authorities (PHAs) for modernization, development, financing, 
and management improvements. The funds are allocated based on a complex 
formula. The forms in this collection are used to appropriately 
disburse and utilize the funds provided to PHAs. Additionally, these 
forms provide the information necessary to approve a financing 
transaction in addition to any Mixed-Finance and Capital Fund Financing 
transactions. Respondents include the approximately 3,200 PHA receiving 
Capital Funds and any other PHAs wishing to pursue financing.

DATES: Comments Due Date: December 8, 2010.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2577-0157) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806. E-mail: [email protected].

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail 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 
affected 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: Public Housing Capital Fund Financing.
    OMB Approval Number: 2577-0157.
    Form Numbers: HUD-50029, HUD-50030, HUD-5084, HUD-5087, HUD-51000, 
HUD-51001, HUD-51002.
    http://portal.hud.gov/portal/page/portal/HUD/program_offices/administration/hudclips/forms.
    Description of the Need for the Information and Its Proposed Use:
    Each year Congress appropriates funds to approximately 3,200 Public 
Housing Authorities (PHAs) for modernization, development, financing, 
and management improvements. The funds are allocated based on a complex 
formula. The forms in this collection are

[[Page 68616]]

used to appropriately disburse and utilize the funds provided to PHAs. 
Additionally, these forms provide the information necessary to approve 
a financing transaction in addition to any Mixed-Finance and Capital 
Fund Financing transactions. Respondents include the approximately 
3,200 PHA receiving Capital Funds and any other PHAs wishing to pursue 
financing.
    Frequency of Submission: On occasion, Monthly, Annually, Other per 
Transaction.

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                                       Number of          Annual              Hours per
                                      respondents       responses      x       response      =     Burden hours
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Reporting Burden..................           3,105           23.460   ...           4.497   ...         327,590
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    Total Estimated Burden Hours: 327,590.
    Status: Revision of a currently approved collection.

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

    Dated: November 2, 2010.
Colette Pollard,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2010-28168 Filed 11-5-10; 8:45 am]
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