81 FR 4926 - Changes in Certain Multifamily Mortgage Insurance Premiums
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Federal Register Volume 81, Issue 18 (January 28, 2016)
Federal Register Volume 81, Issue 18 (January 28, 2016)
| Page Range | 4926-4930 | |
| FR Document | 2016-01511 |
[Federal Register Volume 81, Number 18 (Thursday, January 28, 2016)] [Notices] [Pages 4926-4930] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-01511] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-5876-N-02] Changes in Certain Multifamily Mortgage Insurance Premiums AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: On October 2, 2015, HUD published a notice in the Federal Register announcing the mortgage insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Health Care Facilities, and Hospital mortgage insurance programs that have commitments to be issued or reissued in Fiscal Year (FY) 2016. In the October 2, 2015, notice, HUD stated that the FY 2016 MIPs would be the same as those published for FY 2015. Today's notice announces proposed changes to the FY 2016 MIPs for certain FHA Multifamily Housing Insurance programs for commitments issued or reissued beginning April 1, 2016. MIP rates for mortgage insurance programs under FHA's Office of Healthcare Programs, including health care facilities and hospital insurance programs, will not change. These proposed MIP changes reflect the health of the FHA Multifamily portfolio, an effort to simplify the rate structure, and HUD's commitment to promote its mission initiatives. DATES: Comment Due Date: February 17, 2016. ADDRESSES: Interested persons are invited to submit comments regarding this Notice to the Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 7th Street SW., Room 10276, Washington, DC 20410-0500. Communications must refer to the above docket number and title and should contain the information specified in the ``Request for Comments'' section. There are two methods for submitting public comments. 1. Submission of Comments by Mail. Comments may be submitted by mail to the Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 [[Page 4927]] 7th Street SW., Room 10276, Washington, DC 20410-0500. Due to security measures at all federal agencies, however, submission of comments by mail often results in delayed delivery. To ensure timely receipt of comments, HUD recommends that comments submitted by mail be submitted at least two weeks in advance of the public comment deadline. 2. Electronic Submission of Comments. Interested persons may submit comments electronically through the Federal eRulemaking Portal at http://www.regulations.gov. HUD strongly encourages commenters to submit comments electronically. Electronic submission of comments allows the commenter maximum time to prepare and submit a comment, ensures timely receipt by HUD, and enables HUD to make them immediately available to the public. Comments submitted electronically through the http://www.regulations.gov Web site can be viewed by other commenters and interested members of the public. Commenters should follow instructions provided on that site to submit comments electronically. Note: To receive consideration as public comments, comments must be submitted through one of the two methods specified above. Again, all submissions must refer to the docket number and title of the notice. No Facsimile Comments. Facsimile (FAX) comments are not acceptable. Public Inspection of Public Comments. All properly submitted comments and communications regarding this notice submitted to HUD will be available for public inspection and copying between 8 a.m. and 5 p.m. weekdays at the above address. Due to security measures at the HUD Headquarters building, an advance appointment to review the public comments must be scheduled by calling the Regulations Division at 202- 708-3055 (this is not a toll-free number). Individuals with speech or hearing impairments may access this number through TTY by calling the Federal Relay Service at 800-877-8339. Copies of all comments submitted are available for inspection and downloading at http://www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Theodore Toon, Director, Office of Multifamily Production, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410-8000; telephone: 202-402-8386 (this is not a toll-free number). Hearing- or speech-impaired individuals may access these numbers through TTY by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number). SUPPLEMENTARY INFORMATION: I. Background Section 203(c)(1) of the National Housing Act authorizes the Secretary to set the premium charge for insurance of mortgages under the various programs in Title II of the National Housing Act. The range within which the Secretary may set such charges must be between one- fourth of one percent per annum and one percent per annum of the amount of the principal obligation of the mortgage outstanding at any time. (See 12 U.S.C. 1709(c)(1)). On October 2, 2015, HUD published a notice in the Federal Register (80 FR 59809) announcing the MIPs for FHA Multifamily, Health Care Facilities, and Hospital mortgage insurance programs that have commitments to be issued or reissued in FY 2016. Rate reductions are now proposed to promote two of HUD's mission priorities: Affordable housing, and energy efficiency. Multiple, recent studies, including the December, 2015, Harvard Joint Center for Housing Studies' ``America's Rental Housing'' report \1\, and the Center for American Progress report, ``An Opportunity Agenda for Renters'' from December, 2015 \2\, illustrate the unprecedented rental affordability crisis facing the country. In response, the proposed MIP rates will promote the preservation and production of affordable housing. In response to the President's Climate Action Plan, the recent global agreement to combat climate change, and in line with the Department's and Administration's goals to reduce energy consumption and utility costs throughout the building sector, rate reductions are also proposed to promote energy efficient housing. --------------------------------------------------------------------------- \1\ The America's Rental Housing'' report is available at: http://www.jchs.harvard.edu/americas-rental-housing. \2\ The An Opportunity Agenda for Renters report is available at https://www.americanprogress.org/issues/poverty/report/2015/12/16/126966/an-opportunity-agenda-for-renters/. --------------------------------------------------------------------------- HUD's Multifamily Housing Mortgage Insurance regulation at 24 CFR 207.254 provides as follows: Notice of future premium changes will be published in the Federal Register. The Department will propose MIP changes for multifamily mortgage insurance programs and provide a 30-day public comment period for the purpose of accepting comments on whether the proposed changes are appropriate. Pursuant to this 30-day comment procedure, this Notice announces proposed changes for FY 2016 in the MIP for certain programs authorized under the National Housing Act (the Act) (12 U.S.C. 1709(c)(1)), and certain other multifamily programs. These changes would be effective on April 1, 2016. II. This Notice HUD is proposing to change MIPs for FHA-insured loans on properties under specific Multifamily Mortgage Insurance programs. In FY 2013, FHA increased MIPs to compensate for increased risk to the FHA fund after the housing market crisis. Over the last several years, HUD has implemented underwriting standards for FHA insured mortgage insurance applications in an effort to mitigate risk to the FHA portfolio, and undertaken organizational changes to facilitate risk-based underwriting and asset management. These proposed MIP changes reflect the health of the FHA Multifamily portfolio, an effort to simplify the rate structure, and HUD's commitment to promote its mission initiatives. The proposed annual multifamily mortgage insurance rates will be structured as four categories, as follows, and as illustrated on the table below. This Notice proposes MIP reductions focused on strategic mission areas: Affordable housing, and green and energy efficient housing. Under this proposed rate structure, portfolio and actuarial analysis demonstrates that premium revenues will exceed losses for the foreseeable future. A. Market Rate Housing Upfront and annual MIP rates will remain unchanged for all FHA- insured multifamily loan types on market rate properties, except properties that meet the criteria for green and energy efficient housing, below. B. Broadly Affordable Housing Annual MIP will change from the current rates generally between 45 and 50 basis points,\3\ to 25 basis points for all multifamily FHA- insured loan types that meet the criteria in this section. --------------------------------------------------------------------------- \3\ Except in the case of a 207/223(f) refinance or purchase that has a current upfront capitalized MIP basis points of 100. --------------------------------------------------------------------------- All loans originated by Housing Finance Agencies under FHA's Section 542(c) Risk Share program, and by Qualified Participating Entities including Fannie Mae and Freddie Mac under FHA's Section 542(b) Risk Share program, will be eligible for this proposed 25 basis points rate, multiplied by the percentage risk assumed by FHA (see table below). For all others to qualify, the property must have Section 8 assistance or another [[Page 4928]] recorded affordability restriction, and/or Low Income Housing Tax Credits. These projects must either:Have at least 90 percent of units covered by a Section 8 Project Based Rental Assistance (PBRA) contract or other federal rental assistance program contract serving very low income residents, with a remaining term of at least 15 years; or Have at least 90 percent of its units covered by an affordability use restriction under the Low Income Housing Tax Credit program or similar state or locally sponsored program, with achievable and underwritten tax credit rents at least 10 percent below comparable market rents, and with a recorded regulatory agreement in effect for at least 15 years after final endorsement and monitored by a public entity. To ensure that the benefits of these MIP rates directly benefit the affordable housing properties and residents, lenders submitting applications for loans using this MIP rate are limited in the total loan fees they may charge on any loan greater than $2 million, to no more than 5 percent of the insured loan amount. Loan fees include (a) origination and placement fees as permitted by the Multifamily Accelerated Processing (MAP) Guide \4\, plus (b) trade profit, trade premium or marketing gain earned on the sale of the Government National Mortgage Association (GNMA) security at a value above par, even if the security sale is delayed until after endorsement, minus (c) loan fees applied by the Mortgagee to its legal expenses incurred in connection with loan closing. --------------------------------------------------------------------------- \4\ http://portal.hud.gov/hudportal/HUD?src=/program_offices/administration/hudclips/guidebooks/hsg-GB4430. --------------------------------------------------------------------------- C. Affordable Housing Annual MIP will change from current rates generally between 45 and 70 basis points,\5\ to 35 basis points for all multifamily FHA-insured loan types. To qualify, the property must provide a set-aside of affordable units as defined below, and agree to accept voucher holders: --------------------------------------------------------------------------- \5\ Except in the case of a 207/223(f) refinance or purchase that has a current upfront capitalized MIP basis points of 100. --------------------------------------------------------------------------- Inclusionary Zoning, Density Bonus Set-asides, and Other Local Affordability Restrictions: Property owners shall submit with the FHA mortgage insurance application evidence of a deed covenant or housing ordinance on ``inclusionary zoning'' at the subject property to evidence the requirement for affordable unit set-asides. A minimum of 10 percent of the units must be affordable to, at most, a family at 80 percent AMI, with rents sized to be affordable at 30 percent of the income at that level. The affordability set-aside must be on site, in effect for at least 30 years after final endorsement of the FHA-insured mortgage, be monitored by public authority, and be recorded in a regulatory agreement; or Project has between 10 percent and 90 percent of units covered by a Section 8 PBRA contract or other state or federal rental assistance program contract serving very low income residents, with a remaining term of at least 15 years; or Project has between 10 percent and 90 percent of its units covered by an affordability use restriction under the Low Income Housing Tax Credit program or similar state or locally sponsored program, with rents sized at no greater than 30 percent of the income eligible for occupancy under the Low Income Housing Tax Credit program, with a recorded regulatory agreement in effect for at least 15 years after final endorsement and monitored by a public entity. To qualify for this MIP rate: The project owner must also agree to accept voucher holders under the Section 8 Housing Choice Voucher program or other federal program voucher holders as residents for vacancies in units not covered by project based Section 8, and execute a Rider to the FHA regulatory agreement acceptable to HUD evidencing the owner's agreement to accept Section 8 vouchers for the life of the regulatory agreement. D. Green and Energy Efficient Housing Annual MIP will change from current rates generally between 45 and 70 basis points,\6\ to 25 basis points for all multifamily FHA-insured loan types. Projects will access this rate to encourage owners to adopt higher standards for construction, rehabilitation, repairs, maintenance, and property operations that are more energy efficient and sustainable than traditional approaches to such activities. The lower rate will incentivize owners to implement measures that result in projects with greater energy and water efficiency, reduced operating costs, improved indoor air quality and resident comfort, and reduced overall impact on the environment. It is anticipated that mortgage proceeds will be used to retrofit properties to meet the stringent efficiency standards required to access this lower MIP premium. For properties that have already achieved a green building standard and that are refinancing with this lower MIP premium, proceeds may be used to complete further efficiency upgrades, and/or to retrofit to the next-level green certification standards. To qualify: --------------------------------------------------------------------------- \6\ Except in the case of a 207/223(f) refinance or purchase that has a current upfront capitalized MIP basis points of 100. --------------------------------------------------------------------------- Upon application for FHA mortgage insurance, the owner must evidence that the project has achieved, or the owner must certify that it will pursue, achieve and maintain, an industry-recognized standard for green building. Acceptable, independently verified standards include the Enterprise Green Communities Criteria, U.S. Green Building Council's LEED-H, LEED-H Midrise, LEED-NC, ENERGY STAR Certification, EarthCraft House, EarthCraft Multifamily, Earth Advantage New Homes, Greenpoint Rated New Home, Greenpoint Rated Existing Home (Whole House or Whole Building label), and the National Green Building Standard (NGBS), or other industry-recognized green building standards in HUD's sole discretion. Further, the owner must certify that it has achieved, or will pursue and achieve a score of 75 or better on the 1-100 ENERGY STAR score, using EPA's Portfolio Manager (the minimum score required to be recognized as ENERGY STAR). The reasonableness of achieving and maintaining the specified, independent green building standard, and the score of 75 or better in Portfolio Manager, must be verified by the independent conclusion of the qualified assessor preparing the physical condition assessment, and supported by the physical condition assessment report and recommendations, ASHRAE level II energy audit, and plans for new construction, or rehabilitation, repairs, and operations and maintenance. The physical condition assessment report submitted with the mortgage insurance application must include a certification from the architect, engineer, energy auditor, or CNA provider that the planned scope of work is reasonably sufficient to achieve and maintain the specified certification. Additionally, the owner must submit to HUD evidence that the specified, independent green building standard has been achieved, and provide a copy of the Portfolio Manager report showing building performance at or above 75, when those standards have been achieved, and no more than 12 months after completion of new construction, substantial rehabilitation or renovations. If not achieved, HUD may impose protocols to ensure the owner brings the property into compliance, similar to protocols [[Page 4929]] used by REAC for unacceptable property standards. To ensure that the benefits of these MIP rates directly benefit the affordable housing properties and residents, lenders submitting applications for loans using this MIP rate are limited in the total loan fees they may charge on any loan greater than $2 million, to no more than 5 percent of the insured loan amount. Loan fees include (a) origination and placement fees as permitted by the MAP Guide, plus (b) trade profit, trade premium or marketing gain earned on the sale of the GNMA security at a value above par, even if the security sale is delayed until after endorsement, minus (c) loan fees applied by the Mortgagee to its legal expenses incurred in connection with loan closing. IV. MIPs for FHA's Multifamily Mortgage Insurance Programs for April 1, 2016 HUD is proposing to change MIPs for FHA-insured loans on properties under specific Multifamily Mortgage Insurance programs. The chart below details the proposed MIP rates for each rate category, and each type of FHA multifamily mortgage insurance covered under this Notice. These programs are administered by FHA's Office of Multifamily Housing Programs. This Notice does not change MIP rates for programs under FHA's Office of Healthcare Programs, including health care facilities and the hospital insurance programs. FHA Multifamily Mortgage Insurance Premiums by Rate Category ---------------------------------------------------------------------------------------------------------------- Proposed Apr Current 1, 2016 Proposed Apr upfront upfront Current annual 1, 2016 annual FHA Multifamily mortgage insurance program capitalized capitalized MIP basis MIP basis MIP * basis MIP * basis points points points points ---------------------------------------------------------------------------------------------------------------- MARKET RATE HOUSING .............. Unchanged .............. Unchanged 207 Multifamily New Constr/Sub Rehab w/o LIHTC.. 70 70 70 70 207 Manufactured Home Parks without LIHTC....... 70 70 70 70 221(d)(4) NC/SR without LIHTC................... 65 65 65 65 220 Urban Renewal Housing without LIHTC......... 70 70 70 70 213 Cooperative................................. 70 70 70 70 207/223(f) Refinance or Purchase for Apts w/o 100 100 60 60 LIHTC.......................................... 223(a)(7) Refinance of Apartments without LIHTC. 50 50 50 50 231 Elderly Housing without LIHTC............... 70 70 70 70 241(a) Supplemental Loans for Apts/coop w/o 95 95 95 95 LIHTC.......................................... BROADLY AFFORDABLE HOUSING .............. 25 .............. 25 207 New Constr/Sub Rehab w 90%+ LIHTC, or 90%+ 45 25 45 25 Section 8...................................... 207 Manufactured Home Parks with 90%+ LIHTC, or 45 25 45 25 90%+ Section 8................................. 221(d)(4) NC/SR with 90%+ LIHTC, or 90%+ Section 45 25 45 25 8.............................................. 220 Urban Renewal Housing with 90%+ LIHTC, or 45 25 45 25 90%+ Section 8................................. 207/223(f) Refi or Purchase with 90%+ LIHTC, or 100 25 45 25 90%+ Section 8................................. 223(a)(7) Refi with 90%+ LIHTC, or 90%+ Section 50 25 45 25 8.............................................. 231 Elderly Housing with 90%+ LIHTC, or 90%+ 45 25 45 25 Section 8...................................... 241(a) for Apartments/coop with 90%+ LIHTC, or 45 25 45 25 90%+ Section 8................................. Section 542(b) Risk Share **.................... 50 25 50 25 Section 542(c ) Risk Share **................... 50 25 50 25 AFFORDABLE: INCLUSIONARY/VOUCHERS .............. 35 .............. 35 207 New Constr/Sub Rehab with Inclusionary 45-70 35 45-70 35 Zoning, or 10%-90% LIHTC, or 10%-90% Section 8. 207 Manufactured Home Parks w Inclusionary 45-70 35 45-70 35 Zoning, or 10%-90% LIHTC, or 10%-90% Section 8. 221(d)(4) NC/SR with Inclusionary Zoning, or 10%- 45-65 35 45-65 35 90% LIHTC, or 10%-90% Section 8................ 220 Urban Renewal Housing with Inclusionary 45-70 35 45-70 35 Zoning, or 10%-90% LIHTC, or 10%-90% Section 8. 207/223(f) Refinance or Purchase with 100 35 45-60 35 Inclusionary Zoning, or 10%-90% LIHTC, or 10%- 90% Section 8.................................. 223(a)(7) Refinance of Apts with Inclusionary 50 35 45-50 35 Zoning, or 10%-90% LIHTC, or 10%-90% Section 8. 231 Elderly Housing with Inclusionary Zoning, or 45-70 35 45-70 35 10%-90% LIHTC, or 10%-90% Section 8............ 241(a) Supplementals for Apts/coop with 45-95 35 45-95 35 Inclusion Zoning, or 10%-90% LIHTC, or 10%-90% Section 8...................................... GREEN/ENERGY EFFICIENT HOUSING .............. 25 .............. 25 207 Multifamily New Construction/Sub Rehab with 45-70 25 45-70 25 Green.......................................... 207 Manufactured Home Parks with Green.......... 45-70 25 45-70 25 221(d)(4) NC/SR with Green...................... 45-65 25 45-65 25 220 Urban Renewal Housing with Green............ 45-70 25 45-70 25 207/223(f) Refinance or Purchase for Apts with 100 25 45-60 25 Green.......................................... 223(a)(7) Refinance of Apartments with Green.... 50 25 45-50 25 231 Elderly Housing with Green.................. 45-70 25 45-70 25 241(a) Supplemental Loans for Apts/coop with 45-95 25 45-95 25 Green.......................................... ---------------------------------------------------------------------------------------------------------------- * Proposed upfront premiums for Multifamily refinancing programs are capitalized and based on the first year's annual MIP. Upfront premiums for Multifamily new construction and substantial rehabilitation programs insuring advances are capitalized and based on the annual MIP for the entire construction period. [[Page 4930]] ** Under the Sections 542(b) and 542(c) Risk Share programs, the MIP collected by HUD is currently, and will continue to be under the proposed structure, proportionate to the percentage of risk assumed by FHA, as follows: ---------------------------------------------------------------------------------------------------------------- Proposed upfront Program FHA % of risk capitalized MIP basis Proposed annual MIP basis points share points ---------------------------------------------------------------------------------------------------------------- 542(b).......................... 50 12.5 (25 bps x 50%)..... 12.5 (25 bps x 50%). 542(c).......................... 50 12.5 (25 bps x 50%)..... 12.5 (25 bps x 50%). 75 18.75 (25 bps x 75%).... 18.75 (25 bps x 75%). 90 22.5 (25 bps x 90%)..... 22.5 (25 bps x 90%). ---------------------------------------------------------------------------------------------------------------- The proposed MIP rates would become effective for FHA firm commitments issued or reissued on or after April 1, 2016. MIP rates will not be modified for any loans that close or reach initial endorsement prior to March 31, 2016. Dated: January 8, 2016. Edward L. Golding, Principal Deputy Assistant Secretary for Housing. [FR Doc. 2016-01511 Filed 1-27-16; 8:45 am] BILLING CODE 4210-67-P
![4926 Federal Register / Vol. 81, No. 18 / Thursday, January 28, 2016 / Notices
review and modifications and that it We estimate that rodent and other This is an increase from our previous
takes 10 hours to complete this work. pest control records under estimate based on new registrations
Thus, the total annual burden for § 118.10(a)(3)(ii)) and biosecurity received. We estimate that it takes 20
prevention plan review and records under § 118.10(a)(3)(i) are kept hours to complete this work. Thus, the
modifications in the event of a positive weekly on a per layer house basis. We total annual burden for prevention plan
test result is calculated to be 3,310 assume that 4,731 layer houses maintain design is calculated to be 6,000 hours
hours (331 × 10 hours). a weekly record under each provision. (300 × 20 hours).
Thus, we estimate 9,462 recordkeepers Cleaning and disinfection
We estimate that chick and pullet recordkeeping under § 118.10(a)(3)(iii)
maintain 52 records each for a total of
procurement records under needs to be performed every time a
492,024 records. We estimate a
§ 118.10(a)(2) is kept roughly once house tests positive. We estimate that
recordkeeping burden of 0.5 hours per
annually per layer house basis. We record for a total of 246,012 burden 331 layer houses test positive requiring
estimate that 4,731 layer houses hours (492,024 × 0.5 hour). 1 record each and that it takes
maintain 1 record each and that it takes approximately 0.5 hour per
approximately 0.5 hour per New prevention plan design required
recordkeeping. Thus, the total annual
recordkeeping. Thus, the total annual by § 118.10(a)(1) is only undertaken by
burden for cleaning and disinfection
burden for chick and pullet new farms and records are kept on a per
recordkeeping in the event of a positive
farm basis. We estimate that there are
procurement recordkeeping is test result is calculated to be 166 hours
300 new farm registrations annually and
calculated to be 2,366 hours (4,731 × 0.5 (331 × 0.5 hour).
we assume that this reflects 300 new
hour).
farms requiring prevention plan design. Reporting Burden
TABLE 2—ESTIMATED ANNUAL REPORTING BURDEN 1
Number of Average
Number of Total annual
Description and 21 CFR section FDA Form number responses per burden per Total hours
respondents responses
respondent response
Registrations or Updates, § 118.11 ... Form FDA 3733 2 300 1 300 2.3 690
Cancellations, § 118.11 ...................... Form FDA 3733 ... 30 1 30 1 30
Total ............................................ .............................. ........................ ........................ ........................ ........................ 720
1 There are no capital costs or operating and maintenance costs associated with this collection of information.
2 The term ‘‘Form FDA 3733’’ refers to both the paper version of the form and the electronic system known as the Shell Egg Producer Reg-
istration Module, which is available at http://www.access.fda.gov per § 118.11(b)(1).
This estimate is based on the average Dated: January 25, 2016. Multifamily Housing Insurance
number of new shell egg producer Leslie Kux, programs for commitments issued or
registrations and cancellations received Associate Commissioner for Policy. reissued beginning April 1, 2016. MIP
in the past 3 years under § 118.11. We [FR Doc. 2016–01685 Filed 1–27–16; 8:45 am] rates for mortgage insurance programs
estimate that we will receive an average BILLING CODE 4164–01–P
under FHA’s Office of Healthcare
of 300 registrations or updates per year Programs, including health care
over the next 3 years. Based on the facilities and hospital insurance
number of cancellations previously DEPARTMENT OF HOUSING AND programs, will not change. These
received, we estimate that we will URBAN DEVELOPMENT proposed MIP changes reflect the health
receive approximately 30 cancellations of the FHA Multifamily portfolio, an
[Docket No. FR–5876–N–02] effort to simplify the rate structure, and
per year over the next 3 years.
HUD’s commitment to promote its
We estimate that it takes the average Changes in Certain Multifamily mission initiatives.
farm 2.3 hours to register taking into Mortgage Insurance Premiums
DATES: Comment Due Date: February 17,
account that some respondents 2016.
AGENCY: Office of the Assistant
completing the registration may not Secretary for Housing—Federal Housing ADDRESSES: Interested persons are
have readily available Internet access. Commissioner, HUD. invited to submit comments regarding
Thus, the total annual burden for new this Notice to the Regulations Division,
ACTION: Notice.
shell egg producer registrations or Office of General Counsel, Department
updates is calculated to be 690 hours SUMMARY: On October 2, 2015, HUD of Housing and Urban Development,
(300 × 2.3 hours). published a notice in the Federal 451 7th Street SW., Room 10276,
We estimate cancelling a registration, Register announcing the mortgage Washington, DC 20410–0500.
on average, requires a burden of insurance premiums (MIPs) for Federal Communications must refer to the above
approximately 1 hour, taking into Housing Administration (FHA) docket number and title and should
account that some respondents may not Multifamily, Health Care Facilities, and contain the information specified in the
have readily available Internet access. Hospital mortgage insurance programs ‘‘Request for Comments’’ section. There
wgreen on DSK2VPTVN1PROD with NOTICES
Thus, the total annual burden for that have commitments to be issued or are two methods for submitting public
cancelling shell egg producer reissued in Fiscal Year (FY) 2016. In the comments.
registrations is calculated to be 30 hours October 2, 2015, notice, HUD stated that 1. Submission of Comments by Mail.
the FY 2016 MIPs would be the same as Comments may be submitted by mail to
(30 cancellations × 1 hour).
those published for FY 2015. Today’s the Regulations Division, Office of
notice announces proposed changes to General Counsel, Department of
the FY 2016 MIPs for certain FHA Housing and Urban Development, 451
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![4930 Federal Register / Vol. 81, No. 18 / Thursday, January 28, 2016 / Notices
** Under the Sections 542(b) and 542(c) Risk Share programs, the MIP collected by HUD is currently, and will continue to be under the pro-
posed structure, proportionate to the percentage of risk assumed by FHA, as follows:
FHA % of risk Proposed annual MIP
Program Proposed upfront capitalized MIP basis points
share basis points
542(b) ........................................ 50 12.5 (25 bps × 50%) ................................................................... 12.5 (25 bps × 50%).
542(c) ........................................ 50 12.5 (25 bps × 50%) ................................................................... 12.5 (25 bps × 50%).
75 18.75 (25 bps × 75%) ................................................................. 18.75 (25 bps × 75%).
90 22.5 (25 bps × 90%) ................................................................... 22.5 (25 bps × 90%).
The proposed MIP rates would Diversion Control, Drug Enforcement Department of Justice is the Drug
become effective for FHA firm Administration; Mailing Address: 8701 Enforcement Administration, Office of
commitments issued or reissued on or Morrissette Drive, Springfield, Virginia Diversion Control.
after April 1, 2016. MIP rates will not be 22152; Telephone: (202) 598–6812. 4. Affected public who will be asked
modified for any loans that close or Written comments and/or suggestions
or required to respond, as well as a brief
reach initial endorsement prior to can also be directed to the Office of
Management and Budget, Office of abstract:
March 31, 2016.
Information and Regulatory Affairs, Affected public (Primary): Business or
Dated: January 8, 2016.
Attention Department of Justice Desk other for-profit.
Edward L. Golding,
Officer, Washington, DC 20530 or sent Affected public (Other): Not-for-profit
Principal Deputy Assistant Secretary for
to OIRA_submissions@omb.eop.gov. institutions; Federal, State, local, and
Housing.
SUPPLEMENTARY INFORMATION: Written tribal governments.
[FR Doc. 2016–01511 Filed 1–27–16; 8:45 am]
comments and suggestions from the
BILLING CODE 4210–67–P Abstract: This collection provides the
public and affected agencies concerning
the proposed collection of information Drug Enforcement Administration
are encouraged. Your comments should (DEA) with a national database on
DEPARTMENT OF JUSTICE address one or more of the following analyzed drug evidence from non-
[OMB Number 1117–0034] four points: federal laboratories. Information from
—Evaluate whether the proposed this database is combined with the other
Agency Information Collection collection of information is necessary existing databases to develop more
Activities; Proposed eCollection, for the proper performance of the accurate, up-to-date information on
eComments Requested; Extension functions of the agency, including abused drugs. This database represents
Without Change of a Previously whether the information will have a voluntary, cooperative effort on the
Approved Collection; Collection of practical utility; part of participating laboratories to
Laboratory Analysis Data on Drug —Evaluate the accuracy of the agency’s provide a centralized source of analyzed
Samples Tested by Non-Federal (State estimate of the burden of the drug data.
and Local Government) Crime proposed collection of information, 5. An estimate of the total number of
Laboratories including the validity of the respondents and the amount of time
methodology and assumptions used; estimated for an average respondent to
AGENCY: Drug Enforcement
—Evaluate whether and if so how the
Administration, Department of Justice. respond: The DEA estimates that 140
quality, utility, and clarity of the
ACTION: 30-Day notice. persons respond annually for this
information proposed to be collected
collection at 1.6 hours per respondent,
can be enhanced; and
SUMMARY: The Department of Justice for an annual burden of 218 hours.
—Minimize the burden of the collection
(DOJ), Drug Enforcement 6. An estimate of the total public
of information on those who are to
Administration (DEA), will be
respond, including through the use of burden (in hours) associated with the
submitting the following information
appropriate automated, electronic, proposed collection: The DEA estimates
collection request to the Office of
mechanical, or other forms of that this collection takes 218 annual
Management and Budget (OMB) for
information technology, e.g., burden hours.
review and approval in accordance with
permitting electronic submission of
the Paperwork Reduction Act of 1995. If additional information is required
responses.
This proposed information collection please contact: Jerri Murray, Department
was previously published in the Federal Overview of this information Clearance Officer, United States
Register at 80 FR 73834, November 25, collection: Department of Justice, Justice
2015, allowing for a 60-day comment 1. Type of Information Collection: Management Division, Policy and
period. Extension of a currently approved Planning Staff, Two Constitution
collection. Square, 145 N Street NE., Suite 3E.405B,
DATES: Comments are encouraged and 2. Title of the Form/Collection:
will be accepted for an additional 30 Washington, DC 20530.
Collection of Laboratory Analysis Data
days until February 29, 2016. on Drug Samples Tested by Non-Federal Dated: January 25, 2016.
FOR FURTHER INFORMATION CONTACT: If (State and Local Government) Crime Jerri Murray,
wgreen on DSK2VPTVN1PROD with NOTICES
you have comments on the estimated Laboratories. Department Clearance Officer for PRA, U.S.
public burden or associated response 3. The agency form number, if any, Department of Justice.
time, suggestions, or need a copy of the and the applicable component of the [FR Doc. 2016–01677 Filed 1–27–16; 8:45 am]
proposed information collection Department sponsoring the collection:
BILLING CODE 4410–09–P
instrument with instructions or There are no applicable forms
additional information, please contact associated with this collection. The
Barbara J. Boockholdt, Office of applicable component within the
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Document Created: 2018-02-02 12:41:04
Document Modified: 2018-02-02 12:41:04
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice. | |
| Dates | Comment Due Date: February 17, 2016. | |
| Contact | Theodore Toon, Director, Office of Multifamily Production, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410-8000; telephone: 202-402-8386 (this is not a toll-free number). Hearing- or speech-impaired individuals may access these numbers through TTY by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number). | |
| FR Citation | 81 FR 4926 |
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