The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget for a proposed collection of information related to the Public Housing Financial Management Template. They invite public comments over a 60-day period to assess whether this information collection is necessary and to evaluate its practicality. The information, collected electronically from Public Housing Agencies, is used to assess their financial condition as part of HUD's yearly evaluation. HUD is also looking for suggestions to improve the quality of the collected data and reduce the burden on respondents.
Simple Explanation
HUD wants to make sure public housing agencies are managing their money well, so they're asking people if they think it's a good idea to collect information from these agencies every year. They want to know if this process can be improved or made easier for everyone involved.