60 day FR Notice

Federal Register / Vol. 81, No. 244 / Tuesday, December 20, 2016 / Notices

mstockstill on DSK3G9T082PROD with NOTICES

assessment is important in ensuring
ongoing monitoring, but as HUD seeks
to connect the methodology of the STS
Requirement to annual funding received
(which is provided based on a calendar
year), a transition to determinations
being made each calendar year for all
MTW PHAs is necessary.
In making annual determinations, PIH
Notice 2013–02 established levels of
compliance that allow for small or
‘‘nominal’’ dips below 100 percent and
that recognize a variety of scenarios that
may cause an MTW PHA to have lower
percentages in a given year or years.
With a revised methodology to track the
STS Requirement, it is necessary to
reexamine the levels and categories of
compliance.
(1) How should ‘‘Substantially the
Same’’ be interpreted under the 1996
MTW Statute?
(2) Should there be a percentage
below 100% that is considered fully
compliant with the STS Requirement
without further justification by the
MTW PHA? What should this level be
and why?
(3) Should there be a percentage
below 100% that is considered fully
compliant with the STS Requirement
with further justification by the MTW
PHA and approval by HUD? What
should this level be and why? What
justifications should be allowable?
(4) What should be considered ‘‘noncompliance’’ under the STS
Requirement? What enforcement actions
should be taken by HUD and what
opportunities for corrective actions
should be available to MTW PHAs?
E. Adjusting for Changes to the Capacity
of an MTW PHA To Serve Families and
Unforeseen Effects
To determine the number of families
an MTW PHA must serve under the STS
Requirement, HUD envisions annually
aggregating the HCV and public housing
denominators (discussed in Section
II.A(1) and (2) above) and then adjusting
that figure up or down according to
increases or decreases in an MTW
PHA’s capacity to serve families
(incremental changes to the MTW
PHA’s inventory). This approach
addresses standard inventory changes
and is similar to that contained in the
existing PIH Notice 2013–02.
In addition to annual adjustments for
standard inventory changes, there may
also be a need for limited adjustments
to account for unforeseen effects caused
by changes in markets and costs. As the
revised STS methodology will likely
rely on variables that include market
and program costs, an opportunity to
account for significant changes that
occur to those costs after the

VerDate Sep<11>2014

19:36 Dec 19, 2016

Jkt 241001

denominator is established may be
necessary. This would be separate from
any of the standard incremental
inventory increases or decreases
contained in PIH Notice 2013–02.
(1) The variables that result in
standard, annual incremental increases
or decreases to an MTW PHA’s capacity
to serve families are listed in PIH Notice
2013–02. Should HUD consider any
changes to this list?
(2) Should there be future adjustments
of the denominator to account for cost
changes outside the scope of the MTW
Demonstration Program? If so should
such adjustments be elective for each
MTW PHA or applied at fixed points to
all MTW PHAs? If applied at fixed
points, at what intervals should such
adjustments occur? What types and
levels of changes to costs should be
considered in such potential
recalculations?
F. Ensuring Predictability Under the
STS Requirement for Current MTW
PHAs
If a new methodology for tracking the
STS Requirement for current MTW
PHAs is put in place, sufficient
transition and notification of such a
change would be important. With this in
mind:
(1) What, if any, transition time
should be made available to current
MTW PHAs in moving from the existing
methodology in PIH Notice 2013–02 to
the revised methodology?
(2) What testing and provisional data
should be made available to MTW PHAs
in moving from the existing
methodology in PIH Notice 2013–02 to
the revised methodology?
(3) What are other suggestions to
ensure predictability for MTW PHAs
with regard to the STS Requirement?
G. Other Feedback
In addition to the specific areas above,
the Department welcomes any feedback
from the public on improvements that
could be made to improve monitoring of
the STS Requirement.
(1) What are other suggestions to
improve monitoring of the STS
Requirement not covered in other
portions of this Notice?
(2) Should this revised methodology
apply to both current MTW PHAs and
PHAs that will be added to the MTW
Demonstration Program through the
MTW Expansion detailed in the 2016
Consolidated Appropriations Act,
Public Law 114–113, Sec. 239?

PO 00000

Frm 00070

Fmt 4703

Sfmt 4703

92839

Dated: December 14, 2016.
Jemine A. Bryon,
General Deputy Assistant, Secretary for Public
and Indian Housing.
[FR Doc. 2016–30622 Filed 12–19–16; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5913–N–37]

60-Day Notice of Proposed Information
Collection: HUD Conditional
Commitment/Statement of Appraised
Value
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice.
AGENCY:

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.

SUMMARY:

Comments Due Date: February
21, 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:
Colette Pollard, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Room 4176, Washington, DC
20410–5000; telephone 202–402–3400
(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 tollfree Federal Relay Service at (800) 877–
8339.
FOR FURTHER INFORMATION CONTACT:
Cheryl Walker, Director, Home
Valuation Policy Division, Department
of Housing and Urban Development,
451 7th Street SW., Washington, DC
20410; email at Cheryl.B.Walker@
hud.gov or telephone 202–708–2121,
x6880. 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. Pollard.
DATES:

E:\FR\FM\20DEN1.SGM

20DEN1

92840

Federal Register / Vol. 81, No. 244 / Tuesday, December 20, 2016 / Notices
Authority: Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35.

This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
Section A.

SUPPLEMENTARY INFORMATION:

A. Overview of Information Collection
Title of Information Collection: HUD
Conditional Commitment/Direct
Endorsement Statement of Appraised
Value.
OMB Approval Number: 2502–0494.
Type of Request: Revision.
Form Number: HUD 92800.5b.
Description of the need for the
information and proposed use: Lenders
must provide to loan applicants either a
completed copy of form HUD–92800.5B,
or a copy of the completed appraisal
report, at or before loan closing. Form
HUD 92800.5B serves as the mortgagee’s
conditional commitment/direct
endorsement statement of value of FHA
mortgage insurance on the property. The
form provides a section for a statement
of the property’s appraised value and
other required FHA disclosures to the
homebuyer, including specific
conditions that must be met before HUD
can endorse a firm commitment for
mortgage insurance. HUD uses the
information only to determine the
eligibility of a property for mortgage
insurance.
Respondents (i.e. affected public):
Business.
Estimated Number of Respondents:
1800.
Estimated Number of Responses:
928,119.
Frequency of Response: On occasion.
Average Hours per Response: .12.
Total Estimated Burdens: 111,374.

mstockstill on DSK3G9T082PROD with NOTICES

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.

VerDate Sep<11>2014

19:36 Dec 19, 2016

Jkt 241001

Dated: December 8, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary
for Housing-Associate Deputy Federal
Housing Commissioner.
[FR Doc. 2016–30612 Filed 12–19–16; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5991–N–01]

Section 8 Housing Assistance
Payments Program—Annual
Adjustment Factors, Fiscal Year 2017
Office of the Assistant
Secretary for Policy Development and
Research, HUD.
ACTION: Notice of Fiscal Year (FY) 2017
Annual Adjustment Factors (AAFs).
AGENCY:

The United States Housing
Act of 1937 requires that certain
assistance contracts signed by owners
participating in the Department’s
Section 8 housing assistance payment
programs provide annual adjustments to
monthly rentals for units covered by the
contracts. This notice announces FY
2017 AAFs for adjustment of contract
rents on the anniversary of those
assistance contracts. The factors are
based on a formula using residential
rent and utility cost changes from the
most recent annual Bureau of Labor
Statistics Consumer Price Index (CPI)
survey. Beginning with the FY 2014
AAFs and continuing with these FY
2017 AAFs, the Puerto Rico CPI is used
in place of the South Region CPI for all
areas in Puerto Rico. These factors are
applied at the anniversary of Housing
Assistance Payment (HAP) contracts for
which rents are to be adjusted using the
AAF for those calendar months
commencing after the effective date of
this notice. A separate Federal Register
Notice that will be published at a later
date will identify the inflation factors
that will be used to adjust FY 2017
tenant-based rental assistance funding.
DATES: December 20, 2016.
FOR FURTHER INFORMATION: Contact
Becky Primeaux, Director, Management
and Operations Division, Office of
Housing Voucher Programs, Office of
Public and Indian Housing, 202–708–
1380, for questions relating to the
Project-Based Certificate and Moderate
Rehabilitation programs (not the Single
Room Occupancy program); Ann Oliva,
Director, Office of Special Needs
Assistance Programs, Office of
Community Planning and Development,
SUMMARY:

PO 00000

Frm 00071

Fmt 4703

Sfmt 4703

202–708–4300, for questions regarding
the Single Room Occupancy (SRO)
Moderate Rehabilitation program;
Catherine Brennan, Director, Office of
Housing Assistance and Grant
Administration, Office of Housing, 202–
708–3000, for questions relating to all
other Section 8 programs; and Marie
Lihn, Economist, Economic and Market
Analysis Division, Office of Policy
Development and Research, 202–402–
5866, for technical information
regarding the development of the
schedules for specific areas or the
methods used for calculating the AAFs.
The mailing address for these
individuals is: Department of Housing
and Urban Development, 451 7th Street
SW., Washington, DC 20410. Hearing- or
speech-impaired persons may contact
the Federal Information Relay Service at
800–877–8339 (TTY). (Other than the
‘‘800’’ TTY number, the above-listed
telephone numbers are not toll free.)
SUPPLEMENTARY INFORMATION: Tables
showing AAFs will be available
electronically from the HUD data
information page at http://
www.huduser.gov/portal/datasets/
aaf.html.
I. Applying AAFs to Various Section 8
Programs
AAFs established by this Notice are
used to adjust contract rents for units
assisted in certain Section 8 housing
assistance payment programs during the
initial (i.e., pre-renewal) term of the
HAP contract and for all units in the
Project-Based Certificate program. There
are three categories of Section 8
programs that use the AAFs:
Category 1: The Section 8 New
Construction, Substantial
Rehabilitation, and Moderate
Rehabilitation programs;
Category 2: The Section 8 Loan
Management (LM) and Property
Disposition (PD) programs; and
Category 3: The Section 8 ProjectBased Certificate (PBC) program.
Each Section 8 program category uses
the AAFs differently. The specific
application of the AAFs is determined
by the law, the HAP contract, and
appropriate program regulations or
requirements.
AAFs are not used in the following
cases:
Renewal Rents. With the exception of
the Project-Based Certificate program,
AAFs are not used to determine renewal
rents after expiration of the original
Section 8 HAP contract (either for
projects where the Section 8 HAP
contract is renewed under a
restructuring plan adopted under 24
CFR part 401; or renewed without
restructuring under 24 CFR part 402). In

E:\FR\FM\20DEN1.SGM

20DEN1