[Federal Register Volume 75, Number 186 (Monday, September 27, 2010)]
[Notices]
[Page 59284]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-24028]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5376-N-94]


Notice of Submission of Proposed Information Collection to OMB; 
Financial Standards for Housing Agency-Owned Insurance Entities

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been 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.
    Collection of this information is required by 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 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.

DATES: Comments Due Date: October 27, 2010.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2503-0033) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806. E-mail: <a href="/cdn-cgi/l/email-protection#4e01071c0f111d3b2c23273d3d2721200e21232c602b213e60292138"><span class="__cf_email__" data-cfemail="cc83859e8d939fb9aea1a5bfbfa5a3a28ca3a1aee2a9a3bce2aba3ba">[email protected]</span></a>.

FOR FURTHER INFORMATION CONTACT: Colette Pollard., Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Colette Pollard at 
<a href="/cdn-cgi/l/email-protection#e5a68a898980919180cbb58a8989849781a58d9081cb828a93"><span class="__cf_email__" data-cfemail="2f6c4043434a5b5b4a017f4043434e5d4b6f475a4b01484059">[email protected]</span></a> 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 the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting 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 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 Approval Number: 2577-0186.
    Form Numbers: None.
    Description of the Need for the Information and Its Proposed Use: 
Collection of this information is required by 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 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.
    Frequency of Submission: Annually.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................              29                1   ..            6.55   ..             190
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    Total Estimated Burden Hours: 190.
    Status: Extension of a currently approved collection.

    Authority:  Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: September 21, 2010.
Leroy McKinney, Jr.,
Departmental Reports Management Officer,
    Office of the Chief Information Officer.
[FR Doc. 2010-24028 Filed 9-24-10; 8:45 am]
BILLING CODE 4210-67-P


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