83 FR 60442 - 30-Day Notice of Proposed Information Collection: Multifamily Financial Management Template

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

Federal Register Volume 83, Issue 227 (November 26, 2018)

Page Range		60442-60442
FR Document		2018-25653

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 Issue 227 (Monday, November 26, 2018)

[Federal Register Volume 83, Number 227 (Monday, November 26, 2018)]
[Notices]
[Page 60442]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-25653]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-7001-N-56]


30-Day Notice of Proposed Information Collection: Multifamily 
Financial Management Template

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: December 26, 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. 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. 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 August 
16, 2018 at 83 FR 40780.

A. Overview of Information Collection

    Title of Information Collection: Multifamily Financial Management 
Template.
    OMB Approved Number: 2502-0551.
    Type of Request: Reinstatement without change, of previously 
approved collection.
    Form Number: None.
    Description of the need for the information and proposed use: 
Owners of certain HUD-insured and HUD assisted properties are required 
to submit annual financial statements to HUD via the internet in the 
HUD prescribed format and chart of accounts, and in accordance with the 
Generally Accepted Accounting Principles (GAAP). Most owners of 
Multifamily Housing (MFH) properties are required to submit annual 
financial statements to HUD. In accordance with the Department's 
Uniform Financial Reporting Standards (UFRS) regulation, 24 CFR part 5, 
owners of certain HUD-insured and HUD-assisted properties are required 
to submit annual financial statements electronically to HUD via the 
internet in the HUD-prescribed format and chart of accounts, and in 
accordance with the Generally Accepted Accounting Principles (GAAP). 
The Department uses this information to monitor the owner's compliance 
with regulatory requirements and to assess fiscal performance.
    Respondents: Business or other for profit.
    Estimated Number of Respondents: 26,995.
    Estimated Number of Responses: 26,995.
    Frequency of Response: 1.
    Average Hours per Response: 14.
    Total Estimated Burden: 377,930.

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: November 14, 2018.
Inez C. Downs,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2018-25653 Filed 11-23-18; 8:45 am]
 BILLING CODE 4210-67-P

60442 Federal Register / Vol. 83, No. 227 / Monday, November 26, 2018 / Notices

Total Hours
Description of Number of Number of Total Cost per
number of per Total cost
information collection respondents responses hours response
responses response

Total Paperwork
Burden ............... 112.00 ........................ ........................ ........................ 607.60 36.24 22,019.42

B. Solicitation of Public Comment ADDRESSES: Interested persons are required to submit annual financial
This notice is soliciting comments invited to submit comments regarding statements electronically to HUD via the
from members of the public and affected this proposal. Comments should refer to internet in the HUD-prescribed format
parties concerning the collection of the proposal by name and/or OMB and chart of accounts, and in
information described in Section A on Control Number and should be sent to: accordance with the Generally Accepted
HUD Desk Officer, Office of Accounting Principles (GAAP). The
the following:
Management and Budget, New Department uses this information to
(1) Whether the proposed collection
Executive Office Building, Washington, monitor the owner’s compliance with
of information is necessary for the
DC 20503; fax: 202–395–5806, Email: regulatory requirements and to assess
proper performance of the functions of
OIRA Submission@omb.eop.gov. fiscal performance.
the agency, including whether the
information will have practical utility; FOR FURTHER INFORMATION CONTACT: Inez
Respondents: Business or other for
(2) The accuracy of the agency’s C. Downs, Reports Management Officer, profit.
estimate of the burden of the proposed QMAC, Department of Housing and
Urban Development, 451 7th Street SW, Estimated Number of Respondents:
collection of information; 26,995.
(3) Ways to enhance the quality, Washington, DC 20410; email
utility, and clarity of the information to Inez.C.Downs@hud.gov, or telephone Estimated Number of Responses:
be collected; and 202–402–8046. This is not a toll-free 26,995.
(4) Ways to minimize the burden of number. Persons with hearing or speech Frequency of Response: 1.
the collection of information on those impairments may access this number
through TTY by calling the toll-free Average Hours per Response: 14.
who are to respond; including through
the use of appropriate automated Federal Relay Service at (800) 877–8339. Total Estimated Burden: 377,930.
Copies of available documents
collection techniques or other forms of B. Solicitation of Public Comment
submitted to OMB may be obtained
information technology, e.g., permitting
from Ms. Downs. This notice is soliciting comments
electronic submission of responses.
HUD encourages interested parties to SUPPLEMENTARY INFORMATION: This from members of the public and affected
submit comment in response to these notice informs the public that HUD is parties concerning the collection of
questions. seeking approval from OMB for the information described in Section A on
information collection described in the following:
Authority: Section 3507 of the Paperwork Section A.
Reduction Act of 1995, 44 U.S.C. Chapter 35. The Federal Register notice that (1) Whether the proposed collection
Dated: November 16, 2018. solicited public comment on the of information is necessary for the
Anna P. Guido, information collection for a period of 60 proper performance of the functions of
Department Reports Management Officer, days was published on August 16, 2018 the agency, including whether the
Office of the Chief Information Officer. at 83 FR 40780. information will have practical utility;
[FR Doc. 2018–25654 Filed 11–23–18; 8:45 am] A. Overview of Information Collection (2) The accuracy of the agency’s
BILLING CODE 4210–67–P estimate of the burden of the proposed
Title of Information Collection: collection of information;
Multifamily Financial Management
Template. (3) Ways to enhance the quality,
DEPARTMENT OF HOUSING AND utility, and clarity of the information to
URBAN DEVELOPMENT OMB Approved Number: 2502–0551.
Type of Request: Reinstatement be collected; and
[Docket No. FR–7001–N–56] without change, of previously approved (4) Ways to minimize the burden of
collection. the collection of information on those
30-Day Notice of Proposed Information Form Number: None. who are to respond: Including through
Collection: Multifamily Financial Description of the need for the the use of appropriate automated
Management Template information and proposed use: Owners collection techniques or other forms of
of certain HUD-insured and HUD information technology, e.g., permitting
AGENCY: Office of the Chief Information assisted properties are required to electronic submission of responses.
Officer, HUD. submit annual financial statements to
ACTION: Notice. HUD via the internet in the HUD HUD encourages interested parties to
prescribed format and chart of accounts, submit comment in response to these
SUMMARY: HUD submitted the proposed and in accordance with the Generally questions.
information collection requirement Accepted Accounting Principles Authority: Section 3507 of the Paperwork
described below to the Office of (GAAP). Most owners of Multifamily Reduction Act of 1995, 44 U.S.C. Chapter 35.
Management and Budget (OMB) for Housing (MFH) properties are required
review, in accordance with the Dated: November 14, 2018.
to submit annual financial statements to
Paperwork Reduction Act. The purpose HUD. In accordance with the Inez C. Downs,
of this notice is to allow for 30 days of Department’s Uniform Financial Department Reports Management Officer,
public comment. Reporting Standards (UFRS) regulation, Office of the Chief Information Officer.
DATES: Comments Due Date: December 24 CFR part 5, owners of certain HUD- [FR Doc. 2018–25653 Filed 11–23–18; 8:45 am]
26, 2018. insured and HUD-assisted properties are BILLING CODE 4210–67–P

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Document Created: 2018-11-24 00:51:17
Document Modified: 2018-11-24 00:51:17

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.
Dates		Comments Due Date: December 26, 2018.
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. 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 Citation		83 FR 60442