81 FR 61709 - Single Family Mortgage Insurance: Revision of Section 203(k) Consultant Fee Schedule-Solicitation of Comment
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Federal Register Volume 81, Issue 173 (September 7, 2016)
Federal Register Volume 81, Issue 173 (September 7, 2016)
| Page Range | 61709-61712 | |
| FR Document | 2016-21226 |
[Federal Register Volume 81, Number 173 (Wednesday, September 7, 2016)] [Notices] [Pages 61709-61712] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-21226] ----------------------------------------------------------------------- DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-5875-N-01] Single Family Mortgage Insurance: Revision of Section 203(k) Consultant Fee Schedule--Solicitation of Comment AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice; solicitation of comment. ----------------------------------------------------------------------- SUMMARY: The Section 203(k) Program is HUD's primary program for the rehabilitation and repair of single family properties. The Section 203(k) mortgage program enables homebuyers and homeowners to finance the purchase, or refinance of a home and include the rehabilitation costs through a single mortgage. There are two types of 203(k) rehabilitation mortgages: Standard 203(k) and Limited 203(k). The Standard 203(k) mortgage may be used for remodeling, rehabilitation and repairs that may have structural components, involve more complex work and the total rehabilitation costs must be greater than $5,000. The Limited 203(k) mortgage may only be used for minor remodeling and non-structural repairs. The total rehabilitation cost may not exceed $35,000 and there is no minimum cost. As part of the Section 203(k) program requirements, the Federal Housing Administration (FHA) maintains a list of approved 203(k) Consultants on the FHA 203(k) Consultant Roster in FHA Connection. An FHA-approved 203(k) Consultant is required for all Standard 203(k) mortgages. A 203(k) Consultant is not required under the Limited 203(k) program, but may be used. FHA-approved 203(k) Consultants are required to perform responsibilities during the processing and rehabilitation phase of the 203(k) program. FHA-approved 203(k) Consultants who are placed on FHA's 203(k) Consultant Roster are deemed qualified to complete these duties and therefore permitted to collect a fee for this service. In 1995, HUD issued its current Section 203(k) Consultant Fee Schedule and now seeks to update the Section 203(k) Fee Schedule to align with similarly performed services and the corresponding fees collected for such services. As a result, this notice seeks public comment on revising the current structure of the fee and the maximum amount of fees a 203(k) Consultant would be permitted to charge on a Section 203(k) mortgage. DATES: Comment Due Date: November 7, 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. There are two methods for submitting public comments. All submissions must refer to the above docket number and title. 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 7th Street SW., Room 10276, Washington, DC 20410-0500. 2. Electronic Submission of Comments. Interested persons may submit comments electronically through the Federal eRulemaking Portal at 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 www.regulations.gov Web site can be viewed by other commenters and interested members of the public. Commenters should follow the 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 submitted to HUD will be available for public inspection and copying between 8 a.m. and 5 p.m. weekdays at the above [[Page 61710]] address. Due to security measures at the HUD Headquarters building, an appointment to review the public comments must be scheduled in advance 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 via TTY by calling the Federal Relay Service at 1- 800-877-8339 (this is a toll-free number). Copies of all comments submitted are available for inspection and downloading at www.regulations.gov. FOR FURTHER INFORMATION CONTACT: Kevin L. Stevens, Director, Home Mortgage Insurance Division, Office of Single Family Program Development, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 9266, Washington, DC 20410-9000, telephone number 202-402-4137 (this is not a toll-free number). Persons with hearing or speech impairments may access this number by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number). SUPPLEMENTARY INFORMATION: I. Background Section 203(k) of the National Housing Act (12 U.S.C. 1709(k)) authorizes HUD to insure a purchase or a refinance mortgage on an existing 1-4 unit single family structure and include the rehabilitation costs through a single mortgage. The Section 203(k) Program is HUD's primary program for the rehabilitation and repair of single family properties. The Section 203(k) program is important for neighborhood revitalization and homeownership opportunities. The regulations implementing the Section 203(k) Program are codified at 24 CFR 203.50. The Section 203(k) Program fills a unique and important role for homebuyers. In the conventional loan market, a homebuyer who purchases a home that is in need of repair or modernization usually has to follow a complicated and costly process. The homebuyer must obtain financing to purchase the dwelling, additional financing for the rehabilitation work, and a permanent mortgage after rehabilitation is completed to pay off the interim loans. The interim acquisition and improvement loans often have relatively high interest rates and short repayment terms. The Section 203(k) Program addresses this by permitting a homebuyer to obtain a single loan, at a long-term fixed or variable rate, to finance both the acquisition and rehabilitation of the property. There are two types of 203(k) rehabilitation mortgages: Standard 203(k) and Limited 203(k). The Standard 203(k) mortgage may be used for remodeling, rehabilitation and repairs that may have structural components involve complex work and must have a total rehabilitation costs greater than $5,000. The Limited 203(k) mortgage may only be used for minor remodeling and non-structural repairs, the total rehabilitation cost may not exceed $35,000 and there is no minimum rehabilitation cost. The extent of the rehabilitation covered by the Section 203(k) mortgage may range from relatively minor to virtual reconstruction. For example, a home that will be demolished as part of rehabilitation is eligible, provided that the existing foundation remains in place. In addition to typical home rehabilitation projects, the Section 203(k) Program can be used to convert a property of any size to a one- to four-unit dwelling. Section 203(k) mortgage insurance can also be used to augment Energy Efficient Mortgages, Section 203(h) Mortgage Insurance for Victims of a Presidentially-Declared Major Disaster Area, and Mortgage Insurance for Solar and Wind Technologies. All improvements, renovations, or repairs undertaken with Section 203(k) mortgage insurance must comply with the HUD Minimum Property Requirements, HUD Minimum Property Standards and all local codes and ordinances. II. Section 203(k) Consultants An FHA-approved 203(k) Consultant is required for all Standard 203(k) mortgages and may be used for Limited 203(k) mortgages. As part of the Section 203(k) program requirements, the Federal Housing Administration (FHA) maintains a list of approved 203(k) Consultants on the FHA 203(k) Consultant Roster from which the Mortgagee must select a 203(k) Consultant and assign the 203(k) Consultant to the transaction, if required. When a Section 203(k) Consultant is required, the Consultant will enter into a written agreement with the Borrower that outlines the services that the Consultant will perform. In some cases, the Mortgagee or Borrower may require the Consultant to conduct a Feasibility Study to determine if the 203(k) mortgage is achievable, based on the costs of the rehabilitation project. The 203(k) Consultant conducts a Feasibility Study by completing a preliminary inspection of the property, and estimates the material and labor costs for the project. The 203(k) Consultant must inspect the property to ensure:There are no rodents, dry rot, termites and other infestation the property; there are no defects that will affect the health and safety of the occupants; there exists adequate structural, heating, plumbing, electrical and roofing systems; and there are upgrades to the structure's thermal proportion (when necessary). The Consultant must prepare a report on the current condition of the property that categorically examines the structure utilizing a 35 point checklist. The Consultant must determine the repairs/improvements that are required to meet the U.S. Department of Housing and Urban Development (HUD's) Minimum Property Requirements, Minimum Property Standards and local requirements. The report must address any deficiencies that exist. The Consultant is responsible for identifying all required architectural exhibits. The Consultant must prepare the exhibits, or, if not qualified to prepare all of the necessary exhibits, must obtain the exhibits from a qualified subcontractor. The Consultant must prepare an unbiased Work Write-up and Cost Estimate without using a contractor's estimate. The Work Write-Up and Cost Estimate must be detailed as to the work being performed based on the project proposal, including all required reports. The Consultant must physically inspect the work for completion, quality of workmanship, conformity to local codes and ordinances, and ensure that all building permits are onsite for the work that was performed at each draw request. At the Borrower's or Mortgagee's request, the Consultant must review proposed changes to the Work Write-Up and prepare a Change Order Form HUD-95277. The Consultant must inform the Mortgagee of the progress of the rehabilitation and of any problems that arise, including: Work stoppages for more than 30 consecutive days or work not progressing; significant deviations from the Work Write-Up without the Consultant's approval; any issues that could affect adherence to the program requirements or property eligibility; or any issues that could affect the health and safety of the occupants or the security of the structure. The Borrower is responsible for the fee charged by the Section 203(k) Consultant. Under the Standard 203(k) program, the Consultant fee charged for [[Page 61711]] the Feasibility Study, Work Write-Up, Mileage (not associated with a Draw inspection) and Architectural Exhibit preparation, may be included in the mortgage as a part of the cost of rehabilitation. III. Section 203(k) Consultants Fee Schedule Under the existing structure, the fee is based on a range of repair costs, recognizing that more extensive repairs would require more time and are costlier for the Consultant to complete. It also allows for some level of change over time as repair costs increase. HUD establishes and monitors the maximum fees that a Section 203(k) Consultant may charge a Borrower to prepare the Work Write-Up for repairs associated with the Section 203(k) mortgage. The Work Write-Up includes the initial inspection, Architectural Exhibit Review and Cost Estimate. The current fee schedule, which HUD issued in 1995, is as follows: ------------------------------------------------------------------------ Maximum amount Maximum consultant fee Cost of repairs that can be financed ------------------------------------------------------------------------ 203(k) Consultant Fee Schedule for preparing the Work Write-up ------------------------------------------------------------------------ $400........................... Less than $7,500....... $400 $500........................... Between $7,501 and 500 $15,000. $600........................... Between $15,001 and 600 $30,000. $700........................... Between $30,001 and 700 $50,000. $800........................... Between $50,001 and 800 $75,000. $900........................... Between $75,001 and 900 $100,000. $1,000......................... Above $100,000......... 1,000 ------------------------------------------------------------------------ Plus an additional $25 for each additional Dwelling Unit, not to exceed $75 ------------------------------------------------------------------------ The 203(k) Roster Consultant may charge a fee for additional services listed below ------------------------------------------------------------------------ $100........................... Feasibility Study (if 100 one is performed). $100........................... For Preparing a Change 100 Order Request. $50............................ For each Re-Inspection 50 requested. ------------------------------------------------------------------------ The 203(k) Roster Consultant may also charge a reasonable and customary fee, not to exceed $350 for each draw inspection request plus mileage at the current Internal Revenue Service mileage rate when the place of business is more than 15 miles from the property. HUD has determined that the existing fee structure may discourage Consultant participation in the Section 203(k) Program and has the potential to limit access to credit. Between 2012 and 2015, the volume of loans requiring the use of a Consultant fell from 6,753 to 5,359. Based on the first two quarters of 2016, the projected volume of loans requiring the use of a Consultant is 5,132, while the projected volume of loans not requiring the use of a Consultant is 14,224. This data suggests that Borrowers are choosing the less complicated repair work, not requiring a Consultant. HUD believes that establishing a fee structure that is more in alignment with market rates would increase Consultants' participation in the Section 203(k) program and expand access to credit by encouraging and enabling more Borrowers to purchase properties that require substantial rehabilitation. The willingness and ability of Borrowers to purchase properties involving substantial rehabilitation would contribute to the reduction in build-up of HUD's Real Estate Owned inventories, result in an increase in energy efficient homes and assist in the stabilization of the housing market. As part of its policy consolidation effort, HUD posted on the Single Family Housing Policy Drafting Table \1\ its draft 203(k) Consultant Product Sheet section of the Single Family Policy Handbook 4000.1 and requested comments.\2\ The feedback that HUD received was that the fee schedule is not in alignment with current market rates and needs to be revised. Most commenters stated that the fee schedule was out-of-date and did not reflect the current cost of business. For example, some commenters stated that Consultants are dealing with issues like mold, radon, and other environmental hazards that were not widely recognized as issues in 1995 when HUD issued the current fee schedule. In addition, the feedback questioned the structure of the current fee schedule. For example, one commenter stated that the Consultant is limited to charging the same fee whether the home is 4,100 square feet with a crawlspace or 1,200 square feet on a slab. --------------------------------------------------------------------------- \1\ See, http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/SFH_policy_drafts. \2\ See, http://portal.hud.gov/hudportal/documents/huddoc?id=SFH_POLI_203K_CSL.PDF. --------------------------------------------------------------------------- IV. Request for Public Comments on Updating the Section 203(k) Consultant Fee Schedule In order to better inform HUD, this notice seeks public comment on ways to revise the fee schedule for 203(k) Consultants. HUD is specifically seeking information to determine whether Consultant fees should continue to be based on the total cost of repairs or on some other metric. While all comments on updating the Consultant fee schedule are welcome, HUD is soliciting specific comments on the following options: 1. Retain the current fee structure but update maximum fees. Under this option, HUD would continue to base Consultant fees on the total cost of repairs and continue to allow Borrowers the ability to finance all fees into the 203(k) mortgage. If HUD uses this option, should it continue to use the current ranges for cost of repair, and if not, how should HUD set these thresholds and why? What should be the maximum Consultant fee at each threshold and why? Should the fees be tied to Consumer Price Index to account for regional differences in the cost of services? 2. Allow Consultants to charge fees that are reasonable and customary. Under this option, Consultants would be allowed to charge fees that are reasonable and customary in the market [[Page 61712]] for similar work performed by professionals with similar qualifications. If HUD uses this option, how can it manage risk associated with this concept? Should HUD continue to permit all fees to be financed or should it establish a maximum amount that can be financed in the 203(k) loan? If HUD uses this option what should be used to establish the financeable portion of the fee? Would requiring the Borrower to pay the excess fees adversely limit the number of Section 203(k) loan origination? Would this method of setting fees lead to an increase in the number of loans with negative equity? Would this method of setting fees lead to an increase in the number of loans with negative equity and how could HUD protect against this? 3. Develop a different metric on which to base Consultant fees. Under this option, Consultants' fees would be based on a metric other than cost of repairs. For example, HUD could set fees based on a straight percentage of the repair amount or a fixed fee plus a percentage of the repair amount. If HUD uses this option, at what level should HUD set the amount? Would this option allow for regional differences in the cost of services or in the variation and complexity of services provided in a specific loan transaction? Are there other metrics upon which HUD could base Consultant fees? If so, what are the pros and cons of each metric? 4. Index Section 203(k) Consultant fees to another measure. Under this option, Consultant fees could be tied to Consumer Price Index or the Annual Rate of Inflation. HUD could then revise the fees under such measure and alert the public by Mortgagee Letter or Handbook publication. What are the pros and cons of tying the 203(k) Consultant fee schedule to either of these two measures? Are there other measures that would more accurately establish maximum fees? Would there be any reason for HUD to establish a maximum amount of the fee that can be financed into the 203(k) mortgage using either of these measures? Dated: August 26, 2016. Edward L. Golding, Principal Deputy Assistant Secretary for Housing. [FR Doc. 2016-21226 Filed 9-6-16; 8:45 am] BILLING CODE 4210-67-P
![Federal Register / Vol. 81, No. 173 / Wednesday, September 7, 2016 / Notices 61709
A. Overview of Information Collection submit comment in response to these these duties and therefore permitted to
Title of Information Collection: questions. collect a fee for this service. In 1995,
Application and Recertification HUD issued its current Section 203(k)
C. Authority
Packages for Approval of Nonprofit Consultant Fee Schedule and now seeks
Section 3507 of the Paperwork to update the Section 203(k) Fee
Organizations in FHA Activities.
Reduction Act of 1995, 44 U.S.C. Schedule to align with similarly
OMB Approval Number: 2502–0540.
Chapter 35. performed services and the
Type of Request: Extension without
change of a currently approved Dated: September 1, 2016. corresponding fees collected for such
collection. Colette Pollard, services. As a result, this notice seeks
Form Number: None. Department Reports Management Officer,
public comment on revising the current
Description of the need for the Office of the Chief Information Officer. structure of the fee and the maximum
information and proposed use: In order [FR Doc. 2016–21482 Filed 9–6–16; 8:45 am]
amount of fees a 203(k) Consultant
for nonprofit organizations to would be permitted to charge on a
BILLING CODE 4210–67–P
participate in FHA Nonprofit and Section 203(k) mortgage.
Government Entity Programs they must DATES: Comment Due Date: November 7,
submit an application and be approved DEPARTMENT OF HOUSING AND 2016.
by FHA. The FHA Nonprofit programs URBAN DEVELOPMENT ADDRESSES: Interested persons are
include: HUD Homes where a nonprofit invited to submit comments regarding
[Docket No. FR–5875–N–01] this notice to the Regulations Division,
may be able to buy a FHA REO property
at the discount; FHA Mortgagor where Single Family Mortgage Insurance: Office of General Counsel, Department
a nonprofit can qualify for an FHA Revision of Section 203(k) Consultant of Housing and Urban Development,
insured loan; and Secondary Financing Fee Schedule—Solicitation of 451 7th Street SW., Room 10276,
where a nonprofit can provide financial Comment Washington, DC 20410–0500.
assistance to low to-moderate- income Communications must refer to the
family in the purchase of a home. Once AGENCY: Office of the Assistant above docket number and title. There
a Nonprofit submits and application Secretary for Housing—Federal Housing are two methods for submitting public
that is approved, the Nonprofit is placed Commissioner, HUD. comments. All submissions must refer
on the FHA Nonprofit Organization ACTION: Notice; solicitation of comment. to the above docket number and title.
Roster. The Nonprofit must recertify 1. Submission of Comments by Mail.
every two years and maintain SUMMARY: The Section 203(k) Program is Comments may be submitted by mail to
documentation for reporting purposes HUD’s primary program for the the Regulations Division, Office of
and to permit FHA to monitor their rehabilitation and repair of single family General Counsel, Department of
activities to ensure compliance with properties. The Section 203(k) mortgage Housing and Urban Development, 451
program requirements. program enables homebuyers and 7th Street SW., Room 10276,
Respondents: Nonprofit homeowners to finance the purchase, or Washington, DC 20410–0500.
Organizations. refinance of a home and include the 2. Electronic Submission of
Estimated Number of Respondents: rehabilitation costs through a single Comments. Interested persons may
395. mortgage. There are two types of 203(k) submit comments electronically through
Estimated Number of Responses: 731. rehabilitation mortgages: Standard the Federal eRulemaking Portal at
Frequency of Response: 1 to 4. 203(k) and Limited 203(k). www.regulations.gov. HUD strongly
Average Hours per Response: 24.25. The Standard 203(k) mortgage may be encourages commenters to submit
Total Estimated Burdens: 8692. used for remodeling, rehabilitation and comments electronically. Electronic
repairs that may have structural submission of comments allows the
B. Solicitation of Public Comment components, involve more complex commenter maximum time to prepare
This notice is soliciting comments work and the total rehabilitation costs and submit a comment, ensures timely
from members of the public and affected must be greater than $5,000. The receipt by HUD, and enables HUD to
parties concerning the collection of Limited 203(k) mortgage may only be make them immediately available to the
information described in Section A on used for minor remodeling and non- public. Comments submitted
the following: structural repairs. The total electronically through the
(1) Whether the proposed collection rehabilitation cost may not exceed www.regulations.gov Web site can be
of information is necessary for the $35,000 and there is no minimum cost. viewed by other commenters and
proper performance of the functions of As part of the Section 203(k) program interested members of the public.
the agency, including whether the requirements, the Federal Housing Commenters should follow the
information will have practical utility; Administration (FHA) maintains a list of instructions provided on that site to
(2) The accuracy of the agency’s approved 203(k) Consultants on the submit comments electronically.
estimate of the burden of the proposed FHA 203(k) Consultant Roster in FHA Note: To receive consideration as public
collection of information; Connection. An FHA-approved 203(k) comments, comments must be submitted
(3) Ways to enhance the quality, Consultant is required for all Standard through one of the two methods specified
utility, and clarity of the information to 203(k) mortgages. A 203(k) Consultant is above. Again, all submissions must refer to
be collected; and not required under the Limited 203(k) the docket number and title of the notice.
(4) Ways to minimize the burden of program, but may be used. FHA- No Facsimile Comments. Facsimile
mstockstill on DSK3G9T082PROD with NOTICES
the collection of information on those approved 203(k) Consultants are (fax) comments are not acceptable.
who are to respond; including through required to perform responsibilities Public Inspection of Public
the use of appropriate automated during the processing and rehabilitation Comments. All properly submitted
collection techniques or other forms of phase of the 203(k) program. FHA- comments and communications
information technology, e.g., permitting approved 203(k) Consultants who are submitted to HUD will be available for
electronic submission of responses. placed on FHA’s 203(k) Consultant public inspection and copying between
HUD encourages interested parties to Roster are deemed qualified to complete 8 a.m. and 5 p.m. weekdays at the above
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![61712 Federal Register / Vol. 81, No. 173 / Wednesday, September 7, 2016 / Notices
for similar work performed by financed into the 203(k) mortgage using Service at (800) 877–8339. Copies of
professionals with similar either of these measures? available documents submitted to OMB
qualifications. If HUD uses this option, Dated: August 26, 2016. may be obtained from Ms. Guido.
how can it manage risk associated with Edward L. Golding, SUPPLEMENTARY INFORMATION: This
this concept? Should HUD continue to Principal Deputy Assistant Secretary for notice informs the public that HUD is
permit all fees to be financed or should Housing. seeking approval from OMB for the
it establish a maximum amount that can [FR Doc. 2016–21226 Filed 9–6–16; 8:45 am] information collection described in
be financed in the 203(k) loan? If HUD BILLING CODE 4210–67–P Section A.
uses this option what should be used to The Federal Register notice that
establish the financeable portion of the solicited public comment on the
fee? Would requiring the Borrower to DEPARTMENT OF HOUSING AND information collection for a period of 60
pay the excess fees adversely limit the URBAN DEVELOPMENT days was published on February 4, 2016
number of Section 203(k) loan at 81 FR 6036.
origination? Would this method of [Docket No. FR–5909–N–67]
setting fees lead to an increase in the A. Overview of Information Collection
30-Day Notice of Proposed Information
number of loans with negative equity? Collection: ConnectHome Use and Title of Information Collection:
Would this method of setting fees lead Benefits Telephone Survey ConnectHome Use and Benefits
to an increase in the number of loans Telephone Survey.
with negative equity and how could AGENCY: Office of the Chief Information OMB Approval Number: 2528–New.
HUD protect against this? Officer, HUD. Type of Request: New collection.
3. Develop a different metric on which ACTION: Notice. Form Number: Survey.
to base Consultant fees. Under this Description of the need for the
SUMMARY: HUD has submitted the information and proposed use:
option, Consultants’ fees would be proposed information collection
based on a metric other than cost of President Barack Obama and Secretary
requirement described below to the Julián Castro announced ConnectHome
repairs. For example, HUD could set Office of Management and Budget
fees based on a straight percentage of on July 15, 2015, as the next step in the
(OMB) for review, in accordance with Obama Administration’s efforts to
the repair amount or a fixed fee plus a the Paperwork Reduction Act. The
percentage of the repair amount. If HUD increase access to high-speed Internet
purpose of this notice is to allow for an access for all Americans. Through
uses this option, at what level should additional 30 days of public comment. public-private partnerships, nonprofits,
HUD set the amount? Would this option DATES: Comments Due Date: October 7, businesses, and Internet service
allow for regional differences in the cost 2016. providers (ISPs) ConnectHome will offer
of services or in the variation and ADDRESSES: Interested persons are high-speed Internet service, devices,
complexity of services provided in a invited to submit comments regarding technical training, and digital literacy
specific loan transaction? Are there this proposal. Comments should refer to programs to residents of HUD assisted
other metrics upon which HUD could the proposal by name and/or OMB housing in 28 pilot communities,
base Consultant fees? If so, what are the Control Number and should be sent to: including the Choctaw Nation of
pros and cons of each metric? HUD Desk Officer, Office of Oklahoma.
4. Index Section 203(k) Consultant Management and Budget, New As communities begin to implement
fees to another measure. Under this Executive Office Building, Washington, ConnectHome in 2016 and connect
option, Consultant fees could be tied to DC 20503; fax: 202–395–5806. Email: residents to internet within their homes,
Consumer Price Index or the Annual OIRA_Submission@omb.eop.gov. this telephone survey will illuminate
Rate of Inflation. HUD could then revise FOR FURTHER INFORMATION CONTACT: how families are taking advantage of
the fees under such measure and alert Anna P. Guido, Reports Management ConnectHome. The telephone survey
the public by Mortgagee Letter or Officer, QDAM, Department of Housing will explore ConnectHome subscribers’
Handbook publication. What are the and Urban Development, 451 7th Street previous broadband access, current and
pros and cons of tying the 203(k) SW., Washington, DC 20410; email planned use patterns, and current and
Consultant fee schedule to either of Anna P. Guido at Anna.P.Guido@ anticipated benefits of their at-home
these two measures? Are there other hud.gov or telephone 202–402–5535. high-speed Internet access. The survey
measures that would more accurately This is not a toll-free number. Persons will particularly focus on educational
establish maximum fees? Would there with hearing or speech impairments Internet use such as completing
be any reason for HUD to establish a may access this number through TTY by homework, connecting parents with
maximum amount of the fee that can be calling the toll-free Federal Relay educators, and applying to college.
TABLE 1—DATA COLLECTION ACTIVITIES AND ANTICIPATED BURDEN
Information collection Number of Frequency of Responses Burden hour Annual burden Hourly cost Annual cost
(instruments) respondents response per annum per response hours per response
Telephone Survey Instru- 2,500 1 2,500 .33 (15–20 825 $15.00 $12,375.00
ment (Appendix B). minutes).
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Total Burden Hours 2,500 ........................ ........................ ..................... 825 15.00 12,375.00
B. Solicitation of Public Comment parties concerning the collection of (1) Whether the proposed collection
information described in Section A on of information is necessary for the
This notice is soliciting comments the following: proper performance of the functions of
from members of the public and affected
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Document Created: 2016-09-07 11:50:16
Document Modified: 2016-09-07 11:50:16
| 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; solicitation of comment. | |
| Contact | Kevin L. Stevens, Director, Home Mortgage Insurance Division, Office of Single Family Program Development, Office of Housing, Department of Housing and Urban Development, 451 7th Street SW., Room 9266, Washington, DC 20410-9000, telephone number 202-402-4137 (this is not a toll-free number). Persons with hearing or speech impairments may access this number by calling the Federal Relay Service at 800-877-8339 (this is a toll-free number). | |
| FR Citation | 81 FR 61709 |
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