82 FR 20371 - Federal Housing Administration (FHA): Indefinite Deferral of Implementation of the Small Building Risk Sharing Initiative
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT Federal Register Volume 82, Issue 82 (May 1, 2017)
Federal Register Volume 82, Issue 82 (May 1, 2017)
| Page Range | 20371-20372 | |
| FR Document | 2017-08721 |
[Federal Register Volume 82, Number 82 (Monday, May 1, 2017)] [Notices] [Pages 20371-20372] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-08721] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No.: FR-6017-N-01] Federal Housing Administration (FHA): Indefinite Deferral of Implementation of the Small Building Risk Sharing Initiative AGENCY: Office of the Assistant Secretary for Housing--Federal Housing Commissioner, HUD. ACTION: Notice. ----------------------------------------------------------------------- SUMMARY: This notice advises the public that HUD is deferring implementation of the Small Building Risk Sharing Program authorized by Section 542(b) of the Housing and Community Development Act of 1992, to facilitate the financing of small multifamily properties. FOR FURTHER INFORMATION CONTACT: Donald Billingsley, Office of Multifamily Housing Programs, Office of Production, Department of Housing and Urban Development, 451 7th Street SW., Room 6148, Washington, DC 20410; email address [email protected] and telephone number (202) 402-7125 (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. SUPPLEMENTARY INFORMATION: The ``Small Building Risk Sharing Initiative Final Notice'' (Final Notice) was published on July 16, 2015 at 80 FR 42105, following an initial notice published for public comment on November 4, 2013, at 78 FR 66043. The Final Notice announced implementation of an Initiative under the Risk Sharing Program, authorized by Section 542(b) of the Housing and Community Development Act of 1992, to facilitate the financing of small multifamily properties. While applications were received pursuant to the Final Notice, HUD never implemented the program. In addition, it is not clear whether the program is still needed under current economic conditions. HUD therefore indefinitely defers the applicability of the Final Notice implementing the Small Buildings Risk Sharing Program (the ``Initiative'') under Section 542(b) of the [[Page 20372]] Housing and Community Development Act of 1992 and will not accept additional applications at this time. HUD may in the future proceed with the program or a revised program; however, HUD would, at a minimum, have to determine the following before proceeding: (a) If the Initiative is still needed to provide debt financing to small, affordable properties, or whether the availability of long-term, low-cost permanent financing to support small properties has increased substantially since the Initiative was first proposed, specifically through new and expanded federally backed financing programs offered through Fannie Mae and Freddie Mac; (b) The regulatory requirements and restrictions that would be imposed on property owners/borrowers participating in the Initiative regarding tenant rents and incomes, and whether these requirements would impose unfair and inappropriate economic burden on small property owners who provide affordable market rents but do not otherwise receive a government funded housing subsidy; (c) Whether existing Federal Housing Administration multifamily lending programs, including the newly expanded Tax Credit Pilot Program which supports new construction and substantial rehabilitation projects, adequately serve the debt financing needs of small properties that support affordable rental housing; and, (d) If the provisions of the Initiative as published adequately account for HUD's share of risk assumed for loans originated under the Initiative, or need to be modified in a revised Initiative notice. Dated: April 24, 2017. Genger Charles, General Deputy Assistant Secretary for Housing. [FR Doc. 2017-08721 Filed 4-28-17; 8:45 am] BILLING CODE 4210-67-P
![Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices 20371
DEPARTMENT OF HOMELAND Federal agencies to comment on the Dated: April 25, 2017.
SECURITY proposed and/or continuing information Seth Renkema,
collections pursuant to the Paperwork Branch Chief, Economic Impact Analysis
U.S. Customs and Border Protection Reduction Act of 1995 (44 U.S.C. 3501 Branch, U.S. Customs and Border Protection.
[1651–0037] et seq). Written comments and [FR Doc. 2017–08678 Filed 4–28–17; 8:45 am]
suggestions from the public and affected BILLING CODE 9111–14–P
Agency Information Collection agencies should address one or more of
Activities: Entry of Articles for the following four points: (1) Whether
Exhibition the proposed collection of information DEPARTMENT OF HOUSING AND
is necessary for the proper performance URBAN DEVELOPMENT
AGENCY: U.S. Customs and Border of the functions of the agency, including
Protection (CBP), Department of whether the information will have [Docket No.: FR–6017–N–01]
Homeland Security. practical utility; (2) the accuracy of the
ACTION: 60-Day Notice and request for Federal Housing Administration (FHA):
agency’s estimate of the burden of the
comments; extension of an existing Indefinite Deferral of Implementation of
proposed collection of information,
collection of information. the Small Building Risk Sharing
including the validity of the
Initiative
methodology and assumptions used; (3)
SUMMARY: The Department of Homeland suggestions to enhance the quality, AGENCY: Office of the Assistant
Security, U.S. Customs and Border utility, and clarity of the information to Secretary for Housing—Federal Housing
Protection will be submitting the be collected; and (4) suggestions to Commissioner, HUD.
following information collection request minimize the burden of the collection of ACTION: Notice.
to the Office of Management and Budget information on those who are to
(OMB) for review and approval in respond, including through the use of SUMMARY: This notice advises the public
accordance with the Paperwork appropriate automated, electronic, that HUD is deferring implementation of
Reduction Act of 1995. The information mechanical, or other technological the Small Building Risk Sharing
collection is published in the Federal collection techniques or other forms of Program authorized by Section 542(b) of
Register to obtain comments from the information technology, e.g., permitting the Housing and Community
public and affected agencies. electronic submission of responses. The Development Act of 1992, to facilitate
DATES: Comments are encouraged and comments that are submitted will be the financing of small multifamily
will be accepted (no later than June 30, summarized and included in the request properties.
2017) to be assured of consideration. for approval. All comments will become FOR FURTHER INFORMATION CONTACT:
ADDRESSES: Written comments and/or a matter of public record. Donald Billingsley, Office of
suggestions regarding the item(s) Multifamily Housing Programs, Office of
contained in this notice must include Overview of This Information
Collection Production, Department of Housing and
the OMB Control Number 1651–0037 in Urban Development, 451 7th Street SW.,
the subject line and the agency name. Title: Entry of Articles for Exhibition. Room 6148, Washington, DC 20410;
To avoid duplicate submissions, please OMB Number: 1651–0037. email address Donald.A.Billingsley@
use only one of the following methods hud.gov and telephone number (202)
to submit comments: Form Number: None.
402–7125 (this is not a toll-free
(1) Email. Submit comments to: CBP_ Current Actions: CBP proposes to
number). Persons with hearing or
PRA@cbp.dhs.gov. extend the expiration date of this
speech impairments may access this
(2) Mail. Submit written comments to information collection with no change
number through TTY by calling the toll-
CBP Paperwork Reduction Act Officer, to the burden hours or to the
free Federal Relay Service at 800–877–
U.S. Customs and Border Protection, information collected.
8339.
Office of Trade, Regulations and Type of Review: Extension (without SUPPLEMENTARY INFORMATION: The
Rulings, Economic Impact Analysis change). ‘‘Small Building Risk Sharing Initiative
Branch, 90 K Street NE., 10th Floor, Affected Public: Businesses. Final Notice’’ (Final Notice) was
Washington, DC 20229–1177. Abstract: Goods entered for exhibit at published on July 16, 2015 at 80 FR
FOR FURTHER INFORMATION CONTACT: fairs, or for constructing, installing, or 42105, following an initial notice
Requests for additional PRA information maintaining foreign exhibits at a fair, published for public comment on
should be directed to CBP Paperwork may be free of duty under 19 U.S.C. November 4, 2013, at 78 FR 66043. The
Reduction Act Officer, U.S. Customs 1752. In order to substantiate that goods Final Notice announced implementation
and Border Protection, Office of Trade, qualify for duty-free treatment, the of an Initiative under the Risk Sharing
Regulations and Rulings, Economic consignee of the merchandise must Program, authorized by Section 542(b)
Impact Analysis Branch, 90 K Street provide information to CBP about the of the Housing and Community
NE., 10th Floor, Washington, DC 20229– imported goods, which is specified in Development Act of 1992, to facilitate
1177, or via email CBP_PRA@ 19 CFR 147.11(c). the financing of small multifamily
cbp.dhs.gov. Please note that the contact Estimated Number of Respondents: properties.
information provided here is solely for 50. While applications were received
questions regarding this notice. pursuant to the Final Notice, HUD never
Individuals seeking information about Estimated Number of Responses per
implemented the program. In addition,
srobinson on DSK5SPTVN1PROD with NOTICES
other CBP programs should contact the Respondent: 50.
it is not clear whether the program is
CBP National Customer Service Center Estimated Number of Total Annual still needed under current economic
at 877–227–5511, (TTY) 1–800–877– Responses: 2,500. conditions. HUD therefore indefinitely
8339, or CBP Web site at https:// Estimated Time per Response: 20 defers the applicability of the Final
www.cbp.gov/. minutes. Notice implementing the Small
SUPPLEMENTARY INFORMATION: CBP Estimated Total Annual Burden Buildings Risk Sharing Program (the
invites the general public and other Hours: 832. ‘‘Initiative’’) under Section 542(b) of the
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![20372 Federal Register / Vol. 82, No. 82 / Monday, May 1, 2017 / Notices
Housing and Community Development SUMMARY: The Secretary’s Indian Water whom; what are the perceived benefits
Act of 1992 and will not accept Rights Office (SIWRO) has submitted an to the tribal nations, local communities
additional applications at this time. information collection request to the and other parties to the settlement; to
HUD may in the future proceed with the Office of Management and Budget what extent have economic and social
program or a revised program; however, (OMB) to complete a new information benefits been realized from any
HUD would, at a minimum, have to collection to identify and track social infrastructure or other arrangements or
determine the following before and economic changes that occur as a agreements implemented pursuant to
proceeding: result of the implementation of enacted the settlement; are the benefits of the
(a) If the Initiative is still needed to Indian water rights settlements (IWRS). actions taken under the settlement
provide debt financing to small, DATES: The OMB is required to respond expected to continue in the future; have
affordable properties, or whether the to this information collection request there been any unintended
availability of long-term, low-cost within 60 days but may respond after 30 consequences of the actions taken under
permanent financing to support small days. For maximum consideration, the settlement. If commenters would
properties has increased substantially written comments should be received like specific questions asked during the
since the Initiative was first proposed, on or before May 31, 2017. targeted interviews, SIWRO encourages
specifically through new and expanded ADDRESSES: Please submit comments by that those questions be submitted as
federally backed financing programs either fax (202) 395–5806 or email comments on this ICR.
offered through Fannie Mae and Freddie (OIRA_Submission@omb.eop.gov) 2. Whether the collection of
Mac; directly to the Office of Information and information is necessary for the proper
(b) The regulatory requirements and functioning of the SIWRO, including
Regulatory Affairs, OMB, Attention:
restrictions that would be imposed on whether the information will have
Desk Officer for the Department of the
property owners/borrowers practical utility;
Interior. Additionally, please provide a
participating in the Initiative regarding 3. The accuracy of the SIWRO’s
copy of your comments to Rachel
tenant rents and incomes, and whether estimate of the burden of collecting the
Brown, U.S. Department of the Interior,
these requirements would impose unfair information, including the validity of
1849 C Street NW., MS 7069–MIB,
and inappropriate economic burden on the methodology and assumptions used;
Washington, DC 20240, fax 202–208–
small property owners who provide 4. The quality, utility and clarity of
6970, or by electronic mail to Rebrown@
affordable market rents but do not the information to be collected; and
usbr.gov. Please mention that your
otherwise receive a government funded 5. How to minimize the information
comments concern the Indian Water
housing subsidy; collection burden on those who are to
(c) Whether existing Federal Housing Rights Settlements: Economic Analysis,
OMB Control Number 1093–0NEW. respond, including the use of
Administration multifamily lending appropriate automated, electronic,
programs, including the newly FOR FURTHER INFORMATION CONTACT: To
mechanical, or other forms of
expanded Tax Credit Pilot Program request a copy of the information information technology.
which supports new construction and collection request, any explanatory Please send comments as directed
substantial rehabilitation projects, information and related forms, see the under ADDRESSES and DATES. Please
adequately serve the debt financing contact information provided in the refer to OMB control number 1093–
needs of small properties that support ADDRESSES section above. ONEW in your correspondence. Before
affordable rental housing; and, SUPPLEMENTARY INFORMATION: The including your address, phone number,
(d) If the provisions of the Initiative Paperwork Reduction Act (44 U.S.C. email address, or other personal
as published adequately account for 3501–3521) and OMB regulations at 5 identifying information in your
HUD’s share of risk assumed for loans CFR part 1320 provide that an agency comment, you should be aware that
originated under the Initiative, or need may not conduct or sponsor a collection your entire comment—including your
to be modified in a revised Initiative of information unless it displays a personal identifying information—may
notice. currently valid OMB control number. be made publicly available at any time.
Dated: April 24, 2017.
Until OMB approves a collection of While you can ask us in your comment
information, you are not obligated to to withhold your personal identifying
Genger Charles,
respond. In order to obtain and renew information from public review, we
General Deputy Assistant Secretary for
an OMB control number, Federal cannot guarantee that we will be able to
Housing.
agencies are required to seek public do so.
[FR Doc. 2017–08721 Filed 4–28–17; 8:45 am]
comment on information collection and The following information pertains to
BILLING CODE 4210–67–P
recordkeeping activities (see 5 CFR this request:
1320.8(d) and 1320.12(a)). Title: Indian Water Rights
As required at 5 CFR 1320.8(d), the Settlements: Economic Analysis.
DEPARTMENT OF THE INTERIOR SIWRO published a 60-day notice in the Form: None.
[Fund 17XD4523WK; Functional Area: Federal Register on October 17, 2016 OMB Control Number: None.
DWK000000.000000; Funds Center: (81 FR 71528), and the comment period Abstract: The Secretary’s Indian
DS10100000] ended December 16, 2016. The SIWRO Water Rights Office (SIWRO) is tasked
received no comments. The SIWRO now with overseeing and coordinating the
Secretary’s Indian Water Rights Office; requests comments on the following Federal Government’s Indian water
Proposed New Information Collection: subjects: rights settlement program and is
OMB Control Number 1094–ONEW, 1. The following are examples of the undertaking a study on the economic
srobinson on DSK5SPTVN1PROD with NOTICES
Indian Water Rights Settlements: types of questions that SIWRO may use outcomes associated with Indian water
Economic Analysis in the information collection: Was the rights settlements. The purpose of the
AGENCY: Office of the Secretary, infrastructure included in the agreement study is to identify and track social and
Secretary’s Indian Water Rights Office. put in place; is the infrastructure economic changes that occur as a result
functioning as expected; if water leasing of the implementation of enacted
ACTION: 30-day notice and request for
is allowed for under the agreement is settlements. The Office of Indian Water
comments.
such leasing taking place, and with Rights is located within the Secretary’s
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Document Created: 2017-04-29 03:16:09
Document Modified: 2017-04-29 03:16:09
| 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. | |
| Contact | Donald Billingsley, Office of Multifamily Housing Programs, Office of Production, Department of Housing and Urban Development, 451 7th Street SW., Room 6148, | |
| FR Citation | 82 FR 20371 |
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