The Department of Housing and Urban Development (HUD) is asking for public feedback on a proposed information collection. This request is part of the process required by the Paperwork Reduction Act, and includes a 60-day period for public comments. The collection involves a use agreement for the prepayment of Section 202 or 202/8 projects, ensuring these housing projects continue operating under favorable terms for at least 20 years. The proposal aims to gather opinions on its necessity, accuracy, potential improvements, and how to minimize respondent burden, including using electronic submissions.
Simple Explanation
HUD is asking people to share their thoughts about a plan to make sure certain homes are kept affordable for a long time. They want to learn how to do this in a way that isn't too hard for those who need to respond.