83 FR 22093 - 30-Day Notice of Proposed Information Collection: Capital Needs Assessments-CNA e Tool

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 83, Issue 92 (May 11, 2018)

HUD submitted the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, in accordance with the Paperwork Reduction Act. The purpose of this notice is to allow for 30 days of public comment.

[Federal Register Volume 83, Number 92 (Friday, May 11, 2018)]
[Notices]
[Pages 22093-22094]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-10105]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7001-N-23]


30-Day Notice of Proposed Information Collection: Capital Needs 
Assessments-CNA e Tool

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: HUD submitted the proposed information collection requirement 
described below to the Office of Management and Budget (OMB) for 
review, in accordance with the Paperwork Reduction Act. The purpose of 
this notice is to allow for 30 days of public comment.

DATES: Comments Due Date: June 11, 2018.

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: HUD Desk Officer, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503; fax:202-395-5806, Email: OIRA [email protected].

FOR FURTHER INFORMATION CONTACT: Inez C. Downs, Reports Management 
Officer, QMAC, Department of Housing and Urban Development, 451 7th 
Street SW, Washington, DC 20410; email [email protected], or 
telephone 202-402-8046. This is not a toll-free number. Person 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. Downs.

SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is 
seeking approval from OMB for the information collection described in 
Section A.
    The Federal Register notice that solicited public comment on the 
information collection for a period of 60 days was published on 
February 28, 2018 at 83 FR 8695.

A. Overview of Information Collection

    Title of Information Collection: Capital Needs Assessments-CNA e 
Tool.
    OMB Approved Number: 2502-0505.
    Type of Request: Extension of currently approved collection.
    Form Number: None.
    Description of the need for the information and proposed use: A 
Capital Needs Assessment is a detailed review of a property's expected 
capital expenditures over future years. It is needed to appropriately 
value a property, to determine financial sustainability, and to plan 
for funding of an escrow account to be used for capital repair and 
replacement needs during the estimate period. It is used by lenders, 
and property owners, developers, and HUD for valuation, underwriting, 
and asset management purposes.
    Respondents: (i.e., affected public): Property owners, buyers, 
mortgage lenders, assisted housing providers, or those receiving rental 
assistance.
    Estimated Number of Respondents: 2,041.
    Estimated Number of Responses: 2,041.
    Frequency of Response: 1.
    Average Hours per Response: 40.
    Total Estimated Burdens: 81,640.

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

[[Page 22094]]

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.

C. Authority

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

    Dated: May 3, 2018.
Inez C. Downs,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2018-10105 Filed 5-10-18; 8:45 am]
 BILLING CODE 4210-67-P