81_FR_93083 81 FR 92839 - 60-Day Notice of Proposed Information Collection: HUD Conditional Commitment/Statement of Appraised Value

81 FR 92839 - 60-Day Notice of Proposed Information Collection: HUD Conditional Commitment/Statement of Appraised Value

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 81, Issue 244 (December 20, 2016)

Page Range92839-92840
FR Document2016-30612

HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.

Federal Register, Volume 81 Issue 244 (Tuesday, December 20, 2016)
[Federal Register Volume 81, Number 244 (Tuesday, December 20, 2016)]
[Notices]
[Pages 92839-92840]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-30612]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5913-N-37]


60-Day Notice of Proposed Information Collection: HUD Conditional 
Commitment/Statement of Appraised Value

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

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: HUD is seeking approval from the Office of Management and 
Budget (OMB) for the information collection described below. In 
accordance with the Paperwork Reduction Act, HUD is requesting comment 
from all interested parties on the proposed collection of information. 
The purpose of this notice is to allow for 60 days of public comment.

DATES: Comments Due Date: February 21, 2017.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
Control Number and should be sent to: Colette Pollard, Reports 
Management Officer, QDAM, Department of Housing and Urban Development, 
451 7th Street SW., Room 4176, Washington, DC 20410-5000; telephone 
202-402-3400 (this is not a toll-free number) or email at 
[email protected] for a copy of the proposed forms or other 
available information. Persons with hearing or speech impairments may 
access this number through TTY by calling the toll-free Federal Relay 
Service at (800) 877-8339.

FOR FURTHER INFORMATION CONTACT:  Cheryl Walker, Director, Home 
Valuation Policy Division, Department of Housing and Urban Development, 
451 7th Street SW., Washington, DC 20410; email at 
[email protected] or telephone 202-708-2121, x6880. This is not a 
toll-free number. Persons with hearing or speech impairments may access 
this number through TTY by calling the toll-free Federal Relay Service 
at (800) 877-8339.
    Copies of available documents submitted to OMB may be obtained from 
Ms. Pollard.

[[Page 92840]]


SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.

A. Overview of Information Collection

    Title of Information Collection: HUD Conditional Commitment/Direct 
Endorsement Statement of Appraised Value.
    OMB Approval Number: 2502-0494.
    Type of Request: Revision.
    Form Number: HUD 92800.5b.
    Description of the need for the information and proposed use: 
Lenders must provide to loan applicants either a completed copy of form 
HUD-92800.5B, or a copy of the completed appraisal report, at or before 
loan closing. Form HUD 92800.5B serves as the mortgagee's conditional 
commitment/direct endorsement statement of value of FHA mortgage 
insurance on the property. The form provides a section for a statement 
of the property's appraised value and other required FHA disclosures to 
the homebuyer, including specific conditions that must be met before 
HUD can endorse a firm commitment for mortgage insurance. HUD uses the 
information only to determine the eligibility of a property for 
mortgage insurance.
    Respondents (i.e. affected public): Business.
    Estimated Number of Respondents: 1800.
    Estimated Number of Responses: 928,119.
    Frequency of Response: On occasion.
    Average Hours per Response: .12.
    Total Estimated Burdens: 111,374.

B. Solicitation of Public Comment

    This notice is soliciting comments from members of the public and 
affected parties concerning the collection of information described in 
Section A on the following:
    (1) 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) The accuracy 
of the agency's estimate of the burden of the proposed collection of 
information; (3) Ways to enhance the quality, utility, and clarity of 
the information to be collected; and (4) Ways to 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. HUD encourages interested parties to submit comment in 
response to these questions.

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

    Dated: December 8, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary for Housing-Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2016-30612 Filed 12-19-16; 8:45 am]
 BILLING CODE 4210-67-P



                                                                             Federal Register / Vol. 81, No. 244 / Tuesday, December 20, 2016 / Notices                                                92839

                                                  assessment is important in ensuring                     denominator is established may be                       Dated: December 14, 2016.
                                                  ongoing monitoring, but as HUD seeks                    necessary. This would be separate from                Jemine A. Bryon,
                                                  to connect the methodology of the STS                   any of the standard incremental                       General Deputy Assistant, Secretary for Public
                                                  Requirement to annual funding received                  inventory increases or decreases                      and Indian Housing.
                                                  (which is provided based on a calendar                  contained in PIH Notice 2013–02.                      [FR Doc. 2016–30622 Filed 12–19–16; 8:45 am]
                                                  year), a transition to determinations
                                                                                                             (1) The variables that result in                   BILLING CODE 4210–67–P
                                                  being made each calendar year for all
                                                                                                          standard, annual incremental increases
                                                  MTW PHAs is necessary.
                                                     In making annual determinations, PIH                 or decreases to an MTW PHA’s capacity
                                                                                                                                                                DEPARTMENT OF HOUSING AND
                                                  Notice 2013–02 established levels of                    to serve families are listed in PIH Notice
                                                                                                                                                                URBAN DEVELOPMENT
                                                  compliance that allow for small or                      2013–02. Should HUD consider any
                                                  ‘‘nominal’’ dips below 100 percent and                  changes to this list?
                                                                                                                                                                [Docket No. FR–5913–N–37]
                                                  that recognize a variety of scenarios that                 (2) Should there be future adjustments
                                                  may cause an MTW PHA to have lower                      of the denominator to account for cost                60-Day Notice of Proposed Information
                                                  percentages in a given year or years.                   changes outside the scope of the MTW                  Collection: HUD Conditional
                                                  With a revised methodology to track the                 Demonstration Program? If so should                   Commitment/Statement of Appraised
                                                  STS Requirement, it is necessary to                     such adjustments be elective for each                 Value
                                                  reexamine the levels and categories of                  MTW PHA or applied at fixed points to
                                                  compliance.                                                                                                   AGENCY:  Office of the Assistant
                                                                                                          all MTW PHAs? If applied at fixed                     Secretary for Housing—Federal Housing
                                                     (1) How should ‘‘Substantially the                   points, at what intervals should such
                                                  Same’’ be interpreted under the 1996                                                                          Commissioner, HUD.
                                                                                                          adjustments occur? What types and
                                                  MTW Statute?                                                                                                  ACTION: Notice.
                                                                                                          levels of changes to costs should be
                                                     (2) Should there be a percentage
                                                  below 100% that is considered fully                     considered in such potential                          SUMMARY:   HUD is seeking approval from
                                                  compliant with the STS Requirement                      recalculations?                                       the Office of Management and Budget
                                                  without further justification by the                    F. Ensuring Predictability Under the                  (OMB) for the information collection
                                                  MTW PHA? What should this level be                      STS Requirement for Current MTW                       described below. In accordance with the
                                                  and why?                                                                                                      Paperwork Reduction Act, HUD is
                                                                                                          PHAs
                                                     (3) Should there be a percentage                                                                           requesting comment from all interested
                                                  below 100% that is considered fully                        If a new methodology for tracking the              parties on the proposed collection of
                                                  compliant with the STS Requirement                      STS Requirement for current MTW                       information. The purpose of this notice
                                                  with further justification by the MTW                   PHAs is put in place, sufficient                      is to allow for 60 days of public
                                                  PHA and approval by HUD? What                           transition and notification of such a                 comment.
                                                  should this level be and why? What                      change would be important. With this in               DATES:   Comments Due Date: February
                                                  justifications should be allowable?                     mind:                                                 21, 2017.
                                                     (4) What should be considered ‘‘non-
                                                                                                             (1) What, if any, transition time                  ADDRESSES: Interested persons are
                                                  compliance’’ under the STS
                                                                                                          should be made available to current                   invited to submit comments regarding
                                                  Requirement? What enforcement actions
                                                                                                          MTW PHAs in moving from the existing                  this proposal. Comments should refer to
                                                  should be taken by HUD and what
                                                                                                          methodology in PIH Notice 2013–02 to                  the proposal by name and/or OMB
                                                  opportunities for corrective actions
                                                                                                          the revised methodology?                              Control Number and should be sent to:
                                                  should be available to MTW PHAs?
                                                                                                                                                                Colette Pollard, Reports Management
                                                                                                             (2) What testing and provisional data
                                                  E. Adjusting for Changes to the Capacity                                                                      Officer, QDAM, Department of Housing
                                                  of an MTW PHA To Serve Families and                     should be made available to MTW PHAs
                                                                                                                                                                and Urban Development, 451 7th Street
                                                  Unforeseen Effects                                      in moving from the existing                           SW., Room 4176, Washington, DC
                                                                                                          methodology in PIH Notice 2013–02 to                  20410–5000; telephone 202–402–3400
                                                     To determine the number of families                  the revised methodology?
                                                  an MTW PHA must serve under the STS                                                                           (this is not a toll-free number) or email
                                                  Requirement, HUD envisions annually                        (3) What are other suggestions to                  at Colette.Pollard@hud.gov for a copy of
                                                  aggregating the HCV and public housing                  ensure predictability for MTW PHAs                    the proposed forms or other available
                                                  denominators (discussed in Section                      with regard to the STS Requirement?                   information. Persons with hearing or
                                                  II.A(1) and (2) above) and then adjusting                                                                     speech impairments may access this
                                                                                                          G. Other Feedback                                     number through TTY by calling the toll-
                                                  that figure up or down according to
                                                  increases or decreases in an MTW                          In addition to the specific areas above,            free Federal Relay Service at (800) 877–
                                                  PHA’s capacity to serve families                        the Department welcomes any feedback                  8339.
                                                  (incremental changes to the MTW                         from the public on improvements that                  FOR FURTHER INFORMATION CONTACT:
                                                  PHA’s inventory). This approach                         could be made to improve monitoring of                Cheryl Walker, Director, Home
                                                  addresses standard inventory changes                    the STS Requirement.                                  Valuation Policy Division, Department
                                                  and is similar to that contained in the                                                                       of Housing and Urban Development,
                                                                                                            (1) What are other suggestions to
                                                  existing PIH Notice 2013–02.                                                                                  451 7th Street SW., Washington, DC
                                                                                                          improve monitoring of the STS
                                                     In addition to annual adjustments for                                                                      20410; email at Cheryl.B.Walker@
                                                                                                          Requirement not covered in other
                                                  standard inventory changes, there may                                                                         hud.gov or telephone 202–708–2121,
                                                                                                          portions of this Notice?
                                                  also be a need for limited adjustments                                                                        x6880. This is not a toll-free number.
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                                                  to account for unforeseen effects caused                  (2) Should this revised methodology                 Persons with hearing or speech
                                                  by changes in markets and costs. As the                 apply to both current MTW PHAs and                    impairments may access this number
                                                  revised STS methodology will likely                     PHAs that will be added to the MTW                    through TTY by calling the toll-free
                                                  rely on variables that include market                   Demonstration Program through the                     Federal Relay Service at (800) 877–8339.
                                                  and program costs, an opportunity to                    MTW Expansion detailed in the 2016                       Copies of available documents
                                                  account for significant changes that                    Consolidated Appropriations Act,                      submitted to OMB may be obtained
                                                  occur to those costs after the                          Public Law 114–113, Sec. 239?                         from Ms. Pollard.


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                                                  92840                      Federal Register / Vol. 81, No. 244 / Tuesday, December 20, 2016 / Notices

                                                  SUPPLEMENTARY INFORMATION:    This                        Authority: Section 3507 of the Paperwork            202–708–4300, for questions regarding
                                                  notice informs the public that HUD is                   Reduction Act of 1995, 44 U.S.C. Chapter 35.          the Single Room Occupancy (SRO)
                                                  seeking approval from OMB for the                         Dated: December 8, 2016.                            Moderate Rehabilitation program;
                                                  information collection described in                     Janet M. Golrick,                                     Catherine Brennan, Director, Office of
                                                  Section A.                                              Associate General Deputy Assistant Secretary          Housing Assistance and Grant
                                                                                                          for Housing-Associate Deputy Federal                  Administration, Office of Housing, 202–
                                                  A. Overview of Information Collection                                                                         708–3000, for questions relating to all
                                                                                                          Housing Commissioner.
                                                     Title of Information Collection: HUD                 [FR Doc. 2016–30612 Filed 12–19–16; 8:45 am]          other Section 8 programs; and Marie
                                                  Conditional Commitment/Direct                                                                                 Lihn, Economist, Economic and Market
                                                                                                          BILLING CODE 4210–67–P
                                                  Endorsement Statement of Appraised                                                                            Analysis Division, Office of Policy
                                                  Value.                                                                                                        Development and Research, 202–402–
                                                     OMB Approval Number: 2502–0494.                      DEPARTMENT OF HOUSING AND                             5866, for technical information
                                                     Type of Request: Revision.                           URBAN DEVELOPMENT                                     regarding the development of the
                                                     Form Number: HUD 92800.5b.                                                                                 schedules for specific areas or the
                                                     Description of the need for the                      [Docket No. FR–5991–N–01]                             methods used for calculating the AAFs.
                                                  information and proposed use: Lenders                                                                         The mailing address for these
                                                  must provide to loan applicants either a                Section 8 Housing Assistance
                                                                                                                                                                individuals is: Department of Housing
                                                  completed copy of form HUD–92800.5B,                    Payments Program—Annual
                                                                                                                                                                and Urban Development, 451 7th Street
                                                  or a copy of the completed appraisal                    Adjustment Factors, Fiscal Year 2017                  SW., Washington, DC 20410. Hearing- or
                                                  report, at or before loan closing. Form                 AGENCY:  Office of the Assistant                      speech-impaired persons may contact
                                                  HUD 92800.5B serves as the mortgagee’s                  Secretary for Policy Development and                  the Federal Information Relay Service at
                                                  conditional commitment/direct                           Research, HUD.                                        800–877–8339 (TTY). (Other than the
                                                  endorsement statement of value of FHA                                                                         ‘‘800’’ TTY number, the above-listed
                                                                                                          ACTION: Notice of Fiscal Year (FY) 2017
                                                  mortgage insurance on the property. The                                                                       telephone numbers are not toll free.)
                                                                                                          Annual Adjustment Factors (AAFs).
                                                  form provides a section for a statement                                                                       SUPPLEMENTARY INFORMATION: Tables
                                                  of the property’s appraised value and                   SUMMARY:   The United States Housing                  showing AAFs will be available
                                                  other required FHA disclosures to the                   Act of 1937 requires that certain                     electronically from the HUD data
                                                  homebuyer, including specific                           assistance contracts signed by owners                 information page at http://
                                                  conditions that must be met before HUD                  participating in the Department’s                     www.huduser.gov/portal/datasets/
                                                  can endorse a firm commitment for                       Section 8 housing assistance payment                  aaf.html.
                                                  mortgage insurance. HUD uses the                        programs provide annual adjustments to
                                                  information only to determine the                                                                             I. Applying AAFs to Various Section 8
                                                                                                          monthly rentals for units covered by the
                                                  eligibility of a property for mortgage                                                                        Programs
                                                                                                          contracts. This notice announces FY
                                                  insurance.                                              2017 AAFs for adjustment of contract                     AAFs established by this Notice are
                                                     Respondents (i.e. affected public):                  rents on the anniversary of those                     used to adjust contract rents for units
                                                  Business.                                               assistance contracts. The factors are                 assisted in certain Section 8 housing
                                                     Estimated Number of Respondents:                     based on a formula using residential                  assistance payment programs during the
                                                  1800.                                                   rent and utility cost changes from the                initial (i.e., pre-renewal) term of the
                                                     Estimated Number of Responses:                       most recent annual Bureau of Labor                    HAP contract and for all units in the
                                                  928,119.                                                Statistics Consumer Price Index (CPI)                 Project-Based Certificate program. There
                                                     Frequency of Response: On occasion.                  survey. Beginning with the FY 2014                    are three categories of Section 8
                                                     Average Hours per Response: .12.                     AAFs and continuing with these FY                     programs that use the AAFs:
                                                     Total Estimated Burdens: 111,374.                                                                             Category 1: The Section 8 New
                                                                                                          2017 AAFs, the Puerto Rico CPI is used
                                                  B. Solicitation of Public Comment                       in place of the South Region CPI for all              Construction, Substantial
                                                                                                          areas in Puerto Rico. These factors are               Rehabilitation, and Moderate
                                                     This notice is soliciting comments                                                                         Rehabilitation programs;
                                                  from members of the public and affected                 applied at the anniversary of Housing
                                                                                                          Assistance Payment (HAP) contracts for                   Category 2: The Section 8 Loan
                                                  parties concerning the collection of                                                                          Management (LM) and Property
                                                  information described in Section A on                   which rents are to be adjusted using the
                                                                                                          AAF for those calendar months                         Disposition (PD) programs; and
                                                  the following:                                                                                                   Category 3: The Section 8 Project-
                                                     (1) Whether the proposed collection                  commencing after the effective date of
                                                                                                          this notice. A separate Federal Register              Based Certificate (PBC) program.
                                                  of information is necessary for the                                                                              Each Section 8 program category uses
                                                  proper performance of the functions of                  Notice that will be published at a later
                                                                                                                                                                the AAFs differently. The specific
                                                  the agency, including whether the                       date will identify the inflation factors
                                                                                                                                                                application of the AAFs is determined
                                                  information will have practical utility;                that will be used to adjust FY 2017
                                                                                                                                                                by the law, the HAP contract, and
                                                  (2) The accuracy of the agency’s                        tenant-based rental assistance funding.
                                                                                                                                                                appropriate program regulations or
                                                  estimate of the burden of the proposed                  DATES: December 20, 2016.                             requirements.
                                                  collection of information; (3) Ways to                  FOR FURTHER INFORMATION: Contact                         AAFs are not used in the following
                                                  enhance the quality, utility, and clarity               Becky Primeaux, Director, Management                  cases:
                                                  of the information to be collected; and                 and Operations Division, Office of                       Renewal Rents. With the exception of
                                                  (4) Ways to minimize the burden of the                  Housing Voucher Programs, Office of                   the Project-Based Certificate program,
                                                  collection of information on those who                  Public and Indian Housing, 202–708–                   AAFs are not used to determine renewal
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                                                  are to respond; including through the                   1380, for questions relating to the                   rents after expiration of the original
                                                  use of appropriate automated collection                 Project-Based Certificate and Moderate                Section 8 HAP contract (either for
                                                  techniques or other forms of information                Rehabilitation programs (not the Single               projects where the Section 8 HAP
                                                  technology, e.g., permitting electronic                 Room Occupancy program); Ann Oliva,                   contract is renewed under a
                                                  submission of responses. HUD                            Director, Office of Special Needs                     restructuring plan adopted under 24
                                                  encourages interested parties to submit                 Assistance Programs, Office of                        CFR part 401; or renewed without
                                                  comment in response to these questions.                 Community Planning and Development,                   restructuring under 24 CFR part 402). In


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Document Created: 2018-02-14 09:09:32
Document Modified: 2018-02-14 09:09:32
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.
DatesComments Due Date: February 21, 2017.
ContactCheryl Walker, Director, Home Valuation Policy Division, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410; email at [email protected] or telephone 202-708-2121, x6880. This is not a toll-free number. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.
FR Citation81 FR 92839 

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