Federal Register Notice

2577-0186 - Published FR Notice.pdf

Financial Standards for Housing Agency-Owned Insurance Entities

Federal Register Notice

OMB: 2577-0186

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Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5383–N–15]

Financial Standards for Housing
Agency-Owned Insurance Entities
Office of the Assistant
Secretary for Public and Indian
Housing, HUD.
ACTION: Notice.
AGENCY:

The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
DATES: Comments Due Date: September
27, 2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name/or OMB Control
number and should be sent to: Leroy
McKinney, Jr., Departmental Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 4178, Washington, DC 20410–
5000; telephone 202.402.5564, (this is
not a toll-free number) or email Mr.
McKinney at
Leroy.McKinneyJr@hud.gov. Persons
with hearing or speech impairments
may access this number through TTY by
calling the toll-free Federal Information
Relay Service at (800) 877–8339. (Other
than the HUD USER information line
and TTY numbers, telephone numbers
are not toll-free.)
FOR FURTHER INFORMATION CONTACT:
Dacia Rogers, Office of Policy, Programs
and Legislative Initiatives, PIH,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 4116, Washington, DC 20410;
telephone 202–402–3374, (this is not a
toll-free number).
SUPPLEMENTARY INFORMATION: The
Department will submit the proposed
information collection to OMB for
review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C.
Chapter 35, as amended). This notice is
soliciting comments from members of
the public and affected agencies
concerning the proposed collection of
information to: (1) Evaluate 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) evaluate the
accuracy of the agency’s estimate of the
burden of the proposed collection of

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information; (3) enhance the quality,
utility, and clarity of the information to
be collected; and (4) 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.
This Notice also lists the following
information:
Title of Proposal: Financial Standards
for Housing Agency-Owned Insurance
Entities.
OMB Control Number: 2577–0186.
Description of the need for the
information and proposed use:
Collection of this information is
required by the HUD Appropriations
Act for FY 1992, Public Law 102.139,
105 Stat. 736 (approved October 28,
1991). The Act provided that public
housing agencies (PHAs) could
purchase insurance coverage without
regard to competitive selection
procedures, if the insurance was
purchased from a nonprofit insurance
entity owned and controlled by PHAs
approved by HUD, in accordance with
standards established by regulation. A
PHA-owned insurance entity selected
by a PHA to provide coverage must
submit a certification to HUD, stating
that the entity management and
underwriting staff have certain levels of
experience. For initial approvals, the
entity must also submit proper
organizational documentation. The
nonprofit entity must submit copies of
audits every year, actuarial reviews
every year, and management reviews
every three years.
Agency form number: N/A.
Members of affected public: Public
Housing Agencies.
Estimation of the total number of
hours needed to prepare the information
collection including number of
respondents: The estimated number of
respondents is 29 annually with one
response per respondent. The average
number for each response is 6.55 hours,
for a total reporting burden of 190
hours.
Status of the proposed information
collection: Extension of currently
approved collection.
Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35,
as amended.
Dated: July 20, 2010.
Merrie Nichols-Dixon,
Acting Deputy Assistant Secretary for Policy,
Programs, and Legislative Initiatives.
[FR Doc. 2010–18400 Filed 7–26–10; 8:45 am]
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DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5380–N–28]

Notice of Proposed Information
Collection: Comment Request;
Mortgagee’s Application for Partial
Settlement, Multifamily Mortgage
Office of the Assistant
Secretary for Housing, HUD.
ACTION: Notice.
AGENCY:

The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for
review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
DATES: Comments Due Date: September
27, 2010.
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:
Leroy McKinney, Jr., Departmental
Reports Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410; e-mail
leroy.mckinneyjr@hud.gov or telephone
(202) 402–5564 or the number for the
Federal Information Relay Service (1–
800–877–8339).
FOR FURTHER INFORMATION CONTACT:
Rebecca Lovelace, Accountant,
Multifamily Claims Branch, Department
of Housing and Urban Development,
451 7th Street, SW., Washington, DC
20410, e-mail telephone (202) 402–3987
(this is not a toll free number) for copies
of the proposed forms and other
available information.
SUPPLEMENTARY INFORMATION: The
Department is submitting the proposed
information collection to OMB for
review, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C.
Chapter 35, as amended).
This Notice is soliciting comments
from members of the public and affected
agencies concerning the proposed
collection of information to: (1) Evaluate
whether the proposed collection is
necessary for the proper performance of
the functions of the agency, including
whether the information will have
practical utility; (2) Evaluate the
accuracy of the agency’s estimate of the
burden of the proposed collection of
information; (3) Enhance the quality,
utility, and clarity of the information to
be collected; and (4) Minimize the
burden of the collection of information
on those who are to respond; including
SUMMARY:

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File Typeapplication/pdf
File TitleDocument
SubjectExtracted Pages
AuthorU.S. Government Printing Office
File Modified2010-07-27
File Created2010-07-27

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