80 FR 54579 - Retrospective Review-Improving the Previous Participation Reviews of Prospective Multifamily Housing and Healthcare Program Participants Informational Conference Call

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 80, Issue 175 (September 10, 2015)

Page Range54579-54580
FR Document2015-22762

Through this notice, HUD announces that it will be holding a conference call on September 16, 2015, to discuss HUD's previous participation review process and solicit feedback on how this process can be improved. On August 10, 2015, HUD published a proposed rule to revise its regulations governing the previous participation review process that is applied to certain entities seeking to take part in multifamily housing and healthcare programs administered by HUD's Office of Housing. HUD's goal in revising the regulations is to simplify the process by which HUD currently reviews the previous participation of participants that have decision-making authority over their projects as one component of HUD's responsibility to assess financial and operational risk to the projects in these programs.

Federal Register, Volume 80 Issue 175 (Thursday, September 10, 2015)
[Federal Register Volume 80, Number 175 (Thursday, September 10, 2015)]
[Notices]
[Pages 54579-54580]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-22762]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

24 CFR Part 200

[Docket No. FR-5850-N-02]


Retrospective Review--Improving the Previous Participation 
Reviews of Prospective Multifamily Housing and Healthcare Program 
Participants Informational Conference Call

AGENCY: Office of the Assistant Secretary for Housing--Federal Housing 
Commissioner, HUD.

ACTION: Notice.

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SUMMARY: Through this notice, HUD announces that it will be holding a 
conference call on September 16, 2015, to discuss HUD's previous 
participation review process and solicit feedback on how this process 
can be improved. On August 10, 2015, HUD published a proposed rule to 
revise its regulations governing the previous participation review 
process that is applied to certain entities seeking to take part in 
multifamily housing and healthcare programs administered by HUD's 
Office of Housing. HUD's goal in revising the regulations is to 
simplify the process by which HUD currently reviews the previous 
participation of participants that have decision-making authority over 
their projects as one component of HUD's responsibility to assess 
financial and operational risk to the projects in these programs.

DATES: The teleconference call will be held on September 16, 2015, 
commencing at 11:30 a.m., EDT.

ADDRESSES: Because this is a conference call, there is no meeting 
venue. Current and prior multifamily housing and healthcare programs' 
participants interested in participating in the conference call can 
register for the call at HUD's Web site at www.hud.gov/emarc as can 
other interested members of the public.

FOR FURTHER INFORMATION CONTACT: Aaron Hutchinson, Office of Housing, 
Department of Housing and Urban Development, 451 7th Street SW., Room 
6178, Washington, DC 20410; telephone number 202-708-3994 (this is not 
a toll-free number). Individuals with speech or hearing impairments may 
access this number through TTY by calling the toll-free Federal Relay 
Service at 800-877-8339 (this is not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    HUD's regulations governing the assessment of previous 
participation are codified in 24 CFR part 200, subpart H (Subpart 
H),\1\ and require applicants to complete a very detailed and lengthy 
certification form (HUD Form 2530).\2\ The 2530 form currently requires 
disclosure of all principals to be involved in the proposed project, a 
list of projects in which those principals have previously participated 
or currently participate in, a detailed account of the principals' 
involvement in the listed project(s), and assurances that the 
principals have upheld their responsibilities while participating in 
those programs. The regulations govern not only the content of the 
certification submitted by applicants, but the types of parties that 
must certify, and the process for submitting the certification.
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    \1\ See http://www.thefederalregister.org/fdsys/pkg/CFR-2014-title24-vol2/pdf/CFR-2014-title24-vol2-part200-subpartH.pdf.
    \2\ See http://portal.hud.gov/hudportal/documents/huddoc?id=2530.pdf.
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    Participants in HUD's multifamily housing and healthcare programs 
have long complained about the delays with HUD's previous participation 
review process because of the number of required principals that must 
complete the form and the overly detailed information required to be 
submitted, and HUD is committed to improving the process. HUD has 
commenced steps to strive to improve the previous participation process 
and on August 10, 2015, at 80 FR 47874, HUD published a proposed rule, 
entitled ``Retrospective Review--Improving the Previous Participation 
Reviews of Prospective Multifamily Housing and Healthcare Programs 
Participants.'' \3\
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    \3\ See http://www.thefederalregister.org/fdsys/pkg/FR-2015-08-10/pdf/2015-19529.pdf.
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Conference Call

    To aid HUD in the goal to revise the previous participation 
regulations so that the review process is effective but also expedient 
and less burdensome, HUD seeks input in the form of public comment on 
how the process can be

[[Page 54580]]

simplified but protects the Federal Housing Administration from undue 
financial risk.

Opportunity for Additional Feedback

    Comments on HUD's proposed rule can be submitted through the 
www.regulations.gov portal at http://www.regulations.gov/#!docketDetail;D=HUD-2015-0068. HUD encourages all interested parties, 
including those participating in the conference call to submit comments 
to HUD through this portal. Comments submitted are publicly available 
to the public.

    Dated: September 2, 2015.
Genger Charles,
General Deputy Assistant Secretary for Housing.
[FR Doc. 2015-22762 Filed 9-9-15; 8:45 am]
 BILLING CODE 4210-67-P


Current View
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesThe teleconference call will be held on September 16, 2015, commencing at 11:30 a.m., EDT.
ContactAaron Hutchinson, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 6178, Washington, DC 20410; telephone number 202-708-3994 (this is not a toll-free number). Individuals with speech or hearing impairments may access this number through TTY by calling the toll-free Federal Relay Service at 800-877-8339 (this is not a toll-free number).
FR Citation80 FR 54579 

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