81 FR 9248 - Submission for OMB Review; Comment Request

DEPARTMENT OF THE TREASURY

Federal Register Volume 81, Issue 36 (February 24, 2016)

[Federal Register Volume 81, Number 36 (Wednesday, February 24, 2016)]
[Notices]
[Pages 9248-9249]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-03866]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

February 19, 2016.
    The Department of the Treasury, as part of its continuing effort to 
reduce paperwork and respondent burden, invites the general public and 
other Federal agencies to comment on a new information collection, as 
required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 
U.S.C. 3506(c)(2)(A)).

DATES: Comments should be received on or before March 10, 2016.

ADDRESSES: Send comments regarding the burden estimate, or any other 
aspect of the information collection, including suggestions for 
reducing the burden, to the Department of the Treasury, Departmental 
Offices, Office of Financial Stability, ATTN: Hannah Resig, 1500 
Pennsylvania Avenue NW., Washington, DC 20220.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to [email protected] or (202) 622-1295.

Departmental Offices

    OMB Control Number: 1505-NEW.
    Type of Review: New collection.
    Title: Hardest Hit Fund Application.
    Abstract: The Department of the Treasury (Treasury) established the 
Housing Finance Agency Innovation Fund for Hardest Hit Housing Markets 
(Hardest Hit Fund or HHF) in 2010, pursuant to the Emergency Economic 
Stabilization At of 2008 (12 U.S.C. 5201, et seq.). The objective of 
HHF is to provide funding to the states that were most severely 
impacted by the foreclosure crisis. Funds are provided through 
Treasury's Troubled Asset

[[Page 9249]]

Relief Program (TARP), and are used by state housing finance agencies 
and their designated partners (collectively, HFAs) to help prevent 
foreclosure and stabilize state housing markets through programs 
tailored to local conditions. Recognizing the current and persistent 
need among states participating in HHF, Congress enacted legislation in 
December 2015, authorizing Treasury to commit up to $2 billion in 
additional TARP funds to that program. Treasury plans to allocate these 
funds among participating HHF states based on each area's current needs 
and ability to effectively utilize the additional funds. This 
information collection provides instructions for HFAs to apply for the 
funds.
    Affected Public: State, local, or tribal governments.
    Estimated Total Annual Burden Hours: 760.

Brenda Simms,
Treasury PRA Clearance Officer.
[FR Doc. 2016-03866 Filed 2-23-16; 8:45 am]
 BILLING CODE 4810-25-P