82 FR 48844 - Notice of Proposed Information Collection for Public Comment: 2018 Rental Housing Finance Survey

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 82, Issue 202 (October 20, 2017)

The Department of Housing and Urban Development (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 82, Number 202 (Friday, October 20, 2017)]
[Notices]
[Pages 48844-48845]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-22843]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-6003-N-09]


Notice of Proposed Information Collection for Public Comment: 
2018 Rental Housing Finance Survey

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The Department of Housing and Urban Development (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: December 19, 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: Anna P. Guido, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW., Room 4176, Washington, DC 20410-5000; telephone (202) 402-
5534 (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: Anna P. Guido, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 7th 
Street SW., Washington, DC 20410; email Anna P. Guido at 
[email protected] or telephone (202) 402-5535 (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. Guido.

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: 2018 Rental Housing Finance 
Survey.
    OMB Approval Number: 2528-0276.
    Type of Request: Revision of currently approved collection.
    Agency Form Numbers: No agency forms will be used.
    Description of the need for the information and proposed use: The 
Rental Housing Finance Survey (RHFS) provides a measure of financial, 
mortgage, and property characteristics of rental housing properties in 
the United States. RHFS focuses on mortgage financing of rental housing 
properties, with emphasis on new originations for purchase-money 
mortgages and refinancing, and the characteristics of these new 
originations.
    The RHFS will collect data on property values of residential 
structures, characteristics of residential structures, rental status 
and rental value of units within the residential structures, commercial 
use of space within residential structures, property management status, 
ownership status, a detailed assessment of mortgage financing, and 
benefits received from Federal, state, local, and non-governmental 
programs.
    Many of the questions are the same or similar to those found on the 
1995 Property Owners and Managers Survey, the rental housing portion of 
the 2001 Residential Finance Survey, the 2012 Rental Housing Finance 
Survey, and the 2015 Rental Housing Finance Survey. This survey does 
not duplicate work done in other existent HUD surveys or studies that 
deal with rental units financing.
    Policy analysts, program managers, budget analysts, and 
Congressional staff can use the survey's results to advise executive 
and legislative branches about the mortgage finance characteristics of 
the rental housing stock in the United States and the suitability of 
public policy initiatives. Academic researchers and private 
organizations will also be able to utilize the data to facilitate their 
research and projects.
    The Department of Housing and Urban Development (HUD) needs the 
RHFS data for the following two reasons:
    1. This is the only source of information on the rental housing 
finance characteristics of rental properties.
    2. HUD needs this information to gain a better understanding of the 
mortgage finance characteristics of the rental housing stock in the 
United States to evaluate, monitor, and design HUD programs.
    Members of Affected Public: Owners and managers of rental 
properties.
    Estimated Number of Respondents: 10,000.
    Estimated Time per Response: 60 minutes.
    Frequency of Response: One time.
    Estimated Total Annual Burden Hours: 10,000.
    Estimated Total Annual Cost: The only cost to respondents is that 
of their time. The total estimated cost is $6,000,000.
    Respondent's Obligation: Voluntary.
    Legal Authority: Title 13 U.S.C. Section 9(a), and Title 12, 
U.S.C., Section 1701z-1 et seq.

[[Page 48845]]

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 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: October 12, 2017.
Todd M. Richardson,
Acting General Deputy Assistant Secretary for Policy Development and 
Research.
[FR Doc. 2017-22843 Filed 10-19-17; 8:45 am]
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