30-Day published

30-Day Op Fund Shortfall (published).pdf

OpFund Shortfall

30-Day published

OMB: 2577-0300

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 86, No. 233 / Wednesday, December 8, 2021 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7034–N–69]

30-Day Notice of Proposed Information
Collection: Operating Fund Shortfall
Program Financial Reporting and
Monitoring, OMB Control No.: 2577New
Office of the Chief Information
Officer, HUD.
ACTION: Notice.
AGENCY:

HUD has 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 an
additional 30 days of public comment.
DATES: Comments Due Date: January 7,
2022.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
Start Printed Page 15501PRAMain. Find
this particular information collection by
selecting ‘‘Currently under 30-day
Review—Open for Public Comments’’ or
by using the search function.
FOR FURTHER INFORMATION CONTACT:
Colette Pollard, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW, Washington, DC 20410; email
Colette Pollard at Colette.Pollard@
hud.gov or telephone 202–402–3400.
This is not a toll-free number. Copies of
available documents submitted to OMB
may be obtained from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD has
submitted to OMB a request for
approval of 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 September 17, 2021 at 86 FR 51011.

jspears on DSK121TN23PROD with NOTICES1

SUMMARY:

A. Overview of Information Collection
Title of Information Collection:
OpFund Shortfall Program Financial
Reporting and Monitoring.
OMB Control Number: 2577-New.
Type of Request: New.
Agency Form Numbers: HUD–
XXXXX, HUD–XXXXX, HUD–XXXXX,
HUD–XXXXX, HUD–52574.
Description of the Need for the
Information and Proposed Use:
The Shortfall Program has been in
operation for two years and was created

VerDate Sep<11>2014

16:53 Dec 07, 2021

Jkt 256001

through annual Appropriations laws
providing a $25 million set-aside in the
Public Housing Fund to assist Public
Housing Agencies (PHAs) experiencing
or at risk of financial shortfalls. The
program targets PHAs with the lowest
Public Housing reserves. Funding is
allocated to raise PHAs’ reserves to two
months of expenses. The calculation
that determines this value is outlined in
Section 4 of the Shortfall Notice: PIH–
2021–12. Along with the infusion of
funds, PHAs create Improvement Plans
to improve their financial situation and
address financial issues. However,
without a Paperwork Reduction Act
(PRA) approved information collection,
it is difficult to monitor the PHAs
financial changes and successes in an
expeditious way. OMB requested that
PIH begin to collect enough information
from PHAs to evaluate the efficacy of
the program in improving PHA’s
financial situation. This PRA
information collection is being
submitted to improve the effectiveness
of the program (through monitoring and
risk management) which ultimately
helps the PHAs reach sustainable
financial success. This PRA information
collection will include a short-form
budget for PHAs to report their budget
and actuals through the year so that
financial and operational performance
can be evaluated; an Action Item
Template, which will increase
accountability towards making financial
improvements; and Shortfall Program
Application and Appeal forms. These
forms will be accessible to PHA and
HUD staff through a web-based portal to
increase operational efficiency.
Respondents (i.e. affected public):
Public Housing Agencies.
Estimated Number of Respondents:
3,300.
Estimated Number of Responses:
4,274.
Frequency of Response: Varies.
Average Hours per Response: .55.
Total Estimated Burdens: 537.5.
Burden hours for form(s) showing
zero burden hours in this collection are
reflected in the OMB approval number
cited or do not have a reportable
burden.
B. Solicitation of Public Comment
This notice is soliciting comments
from members of the pubic 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;

PO 00000

Frm 00063

Fmt 4703

Sfmt 4703

69673

(2) The accuracy of the agency’s
estimate of 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.
(5) Ways to minimize the burden of
the collection of information on those
who are to respond, including the use
of automated collection techniques or
other forms of information technology.
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.
Colette Pollard,
Department Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2021–26556 Filed 12–7–21; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7046–C–06]

Privacy Act of 1974; System of
Records: Correction
Office of the Chief Financial
Officer, HUD.
ACTION: Notice of a modified system of
records; correction.
AGENCY:

Line of Credit Controls
System (LOCCS), an Office of the Chief
Financial Officer (OCFO) system, is a
disbursement and cash management
system that services the funding needs
of HUD’s grant, loan, and subsidy
clients. Under the Privacy Act of 1974,
the Department of Housing and Urban
Development, the Office of the Chief
Financial Officer proposes to update the
system of records titled, Line of Credit
Controls System. This system of records
allows the Department of Housing and
Urban Development OCFO’s LOCCS to
collect and maintain records on
grantees. Because of a review of this
system, information has been updated
within the System Location section of
the SORN and the authorities to collect
information for LOCCS has been
updated. This notice replaces the notice
HUD published on November 18, 2021
at 86 FR 64511.

SUMMARY:

E:\FR\FM\08DEN1.SGM

08DEN1


File Typeapplication/pdf
File Modified2021-12-08
File Created2021-12-08

© 2024 OMB.report | Privacy Policy