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Federal Register / Vol. 84, No. 211 / Thursday, October 31, 2019 / Notices

purposes of calculating certain
insurance claim payments made in cash.
Therefore, for all claims paid in cash on
mortgages insured under Section 203 or
234 of the National Housing Act and
endorsed for insurance after January 23,
2004, the debenture interest rate will be
the monthly average yield, for the
month in which the default on the
mortgage occurred, on United States
Treasury Securities adjusted to a
constant maturity of 10 years, as found
in Federal Reserve Statistical Release H–
15. The Federal Housing Administration
has codified this provision in HUD
regulations at 24 CFR 203.405(b) and 24
CFR 203.479(b).
Similarly, Section 520(a) of the
National Housing Act (12 U.S.C. 1735d)
provides for the payment of an
insurance claim in cash on a mortgage
or loan insured under any section of the
National Housing Act before or after the
enactment of the Housing and Urban
Development Act of 1965. The amount
of such payment shall be equivalent to
the face amount of the debentures that
would otherwise be issued, plus an
amount equivalent to the interest which
the debentures would have earned,
computed to a date to be established
pursuant to regulations issued by the
Secretary. The implementing HUD
regulations for multifamily insured
mortgages at 24 CFR 207.259(e)(1) and
(e)(6), when read together, provide that
debenture interest on an multifamily
insurance claim that is paid is cash is
paid from the date of the loan default at
the debenture rate in effect at the time
of commitment or endorsement (or
initial endorsement if there are two or
more endorsements) of the loan,
whichever is higher.
Section 221(g)(4) of the Act provides
that debentures issued pursuant to that
paragraph (with respect to the
assignment of an insured mortgage to
the Secretary) will bear interest at the
‘‘going Federal rate’’ in effect at the time
the debentures are issued. The term
‘‘going Federal rate’’ is defined to mean
the interest rate that the Secretary of the
Treasury determines, pursuant to a
statutory formula based on the average
yield on all outstanding marketable
Treasury obligations of 8- to 12-year
maturities, for the 6-month periods of
January through June and July through
December of each year. Section 221(g)(4)
is implemented in the HUD regulations
at 24 CFR 221.255 and 24 CFR 221.790.
The Secretary of the Treasury has
determined that the interest rate to be
borne by debentures issued pursuant to
Section 221(g)(4) during the 6-month
period beginning July 1, 2019, is 23⁄8
percent.

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The subject matter of this notice falls
within the categorical exemption from
HUD’s environmental clearance
procedures set forth in 24 CFR
50.19(c)(6). For that reason, no
environmental finding has been
prepared for this notice.
(Authority: Sections 211, 221, 224, National
Housing Act, 12 U.S.C. 1715b, 1715l, 1715o;
Section 7(d), Department of HUD Act, 42
U.S.C. 3535(d).)
Dated: October 25, 2019.
John L. Garvin,
General Deputy Assistant Secretary for
Housing.
[FR Doc. 2019–23789 Filed 10–30–19; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7014–N–29]

60-Day Notice of Proposed Information
Collection: HUD-Owned Real Estate
Sales Contract and Addendums
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.
DATES: Comments Due Date: December
30, 2019.
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:
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@
SUMMARY:

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hud.gov or telephone 202–402–3400.
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.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
Section A.
A. Overview of Information Collection
Title of Information Collection: HUDOwned Real Estate Sales Contract and
Addendums.
OMB Approval Number: 2502–0306.
Type of Request: Extension of
currently approved collection.
Form Number: HUD–9544, HUD–
9548, HUD–9548–B, HUD–9548–C,
HUD–9548–G, HUD–9548–H, HUD–
9545–Y, HUD–9545–Z, SAMS–1101,
SAMS–1103, SAMS–1110, SAMS–1110,
SAMS–1111, SAMS–111–A, SAMS–
1117, SAMS–1120, SAMS–1204.
Description of the need for the
information and proposed use: The
collection of information consists of the
sales contracts and addenda that will be
used in binding contracts between the
purchasers of acquired and owned
single-family properties and HUD. The
Department must also meet the
requirements of the Lead Disclosure
Rule relative to the disclosure of known
lead-based paint and lead-based paint
hazards in HUD sales of its real estate
owned (REO) properties built before
1978. Furthermore, the automated
Single Family Acquired Asset
Management System (SAMS) and the
Asset Disposition and Management
System (ADAMS–P–260) tracks the
activity of an REO property from HUD’s
acquisition through its final sale. The
forms used are part of the collection
effort.
Respondents: Business or other for
profit.
Estimated Number of Respondents:
7,476.
Estimated Number of Responses:
110,136.
Frequency of Response: On occasion.
Average Hours per Response: 5–30
minutes.
Total Estimated Burdens: 31,186.
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:

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Federal Register / Vol. 84, No. 211 / Thursday, October 31, 2019 / Notices
(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 comments in response to these
questions.
C. Authority
Section 2 of the Paperwork Reduction
Act of 1995, 44 U.S.C. 3507.
Dated: September 20, 2019.
John L. Garvin,
General Deputy Assistant Secretary for
Housing.
[FR Doc. 2019–23790 Filed 10–30–19; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7012–N–06]

60-Day Notice of Proposed Information
Collection: OneCPD Technical
Assistance Needs Assessment Tool
Office of Community Planning
and Development, HUD

AGENCY:

ACTION:

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: December
30, 2019.
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 4186, 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:
Stephanie Stone, Director, Department
of Housing and Urban Development,
451 7th Street SW, Room 7218,
Washington, DC 20410–5000; email me
at [email protected] or
telephone (202) 402–4121. This is not a
toll-free number. Persons with hearing
or speech impairments may access this
DATES:

Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard.
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:
OneCPD Technical Assistance Needs
Assessment.
OMB Approval Number: 2506–0198.
Type of Request: Extension.
Form Number: N/A.
Description of the need for the
information and proposed use:
Application information is needed to
determine competition winners, i.e., the
technical assistance providers best able
to develop efficient and effective
programs and projects that increase the
supply of affordable housing units
prevent and reduce homelessness,
improve data collection and reporting,
and use coordinated neighborhood and
community development strategies to
revitalize and strengthen their
communities.
Note: Preparer of this notice may
substitute the chart for everything
beginning with estimated number of
respondents above:

Burden hour
per
response

Annual
burden
hours

Hourly
cost
per
response

Frequency
of response

Targeted Needs Assessment ....................................................

120

1

120

52

6,240

$64.16

$400,358.40

Total ...................................................................................

120

....................

....................

52

6,240

64.16

400,358.40

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;

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Responses
per annum

number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339.

Number of
respondents

Information collection

khammond on DSKJM1Z7X2PROD with NOTICES

Notice.

(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 comments in response to these
questions.

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Annual cost

C. Authority
Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C.
chapter 35.
Dated: October 24, 2019.
John Bravacos,
General Deputy Assistant Secretary for
Community Planning and Development.
[FR Doc. 2019–23792 Filed 10–30–19; 8:45 am]
BILLING CODE 4210–67–P

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