60-Day Federal Register Notice

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Federal Register / Vol. 90, No. 189 / Thursday, October 2, 2025 / Notices
Community

Community map repository address

Pike County, Indiana and Incorporated Areas
Project: 17–05–1785S Preliminary Date: September 15, 2023
Unincorporated Areas of Pike County ......................................................

Pike County Courthouse, 801 Main Street, Petersburg, IN 47567.

Branch County, Michigan (All Jurisdictions)
Project: 23–05–0015S Preliminary Date: March 07, 2024 and April 25, 2025
City of Coldwater ......................................................................................
Township of Algansee ..............................................................................
Township of Bronson ................................................................................
Township of California ..............................................................................
Township of Coldwater .............................................................................
Township of Girard ...................................................................................
Township of Kinderhook ...........................................................................
Township of Matteson ..............................................................................
Township of Ovid ......................................................................................
Township of Quincy ..................................................................................
Township of Sherwood .............................................................................
Village of Quincy ......................................................................................

[FR Doc. 2025–19212 Filed 10–1–25; 8:45 am]
BILLING CODE 9110–12–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–7093–N–05; OMB Control
No. 2501–0034]

60-Day Notice of Proposed Information
Collection: Standards for Success
Reporting
Office of the Chief Financial
Officer, HUD.
ACTION: Notice.
AGENCY:

The Department of Housing
and Urban Development (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
1, 2025.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal.
Written comments and
recommendations for the proposed
information collection can be sent
within 60 days of publication of this
notice to www.regulations.gov.
Interested persons are also invited to
submit comments regarding this
proposal and comments should refer to
the proposal by name and/or OMB
Control Number and should be sent to:

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SUMMARY:

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Coldwater City Hall, One Grand Street, Coldwater, MI 49036.
Algansee Townhall, 378 South Ray Quincy Road, Quincy, MI 49082.
Bronson City Hall, 141 South Matteson Street, Bronson, MI 49028.
California Townhall, 1019 Copeland Road, Montgomery, MI 49255.
Coldwater Township Hall, 319 Sprague Road, Coldwater, MI 49036.
Girard Township Clerk Office, 1009 Marshall Road, Coldwater, MI
49036.
Kinderhook Township Office, 797 South Angola Road, Coldwater, MI
49036.
Matteson Township Clerk Office, 850 South Werners Landing,
Bronson, MI 49028.
Ovid Township Hall, 381 South Angola Road, Coldwater, MI 49036.
Quincy Village Offices, 11 North Main Street, Quincy, MI 49082.
Sherwood Township Hall, 548 North Main Street, Sherwood, MI 49089.
Quincy Village Offices, 47 Cole Street, Quincy, MI 49082.

Thaddeus Wincek, Office of the Chief
Financial Officer, Department of
Housing and Urban Development, 451
7th Street SW, Washington, DC 20410–
0001; email address
Thaddeus.D.Wincek@hud.gov. Copies of
the proposed forms and other
information are available by contacting
Mr. Wincek.
FOR FURTHER INFORMATION CONTACT:
Thaddeus Wincek, Office of the Chief
Financial Officer, Department of
Housing and Urban Development, 451
7th Street SW, Washington, DC 20410–
0001; email address
Thaddeus.D.Wincek@hud.gov,
telephone (202) 402–6617 (this is not a
toll-free number). HUD welcomes and is
prepared to receive calls from
individuals who are deaf or hard of
hearing, as well as individuals with
speech or communication disabilities.
To learn more about how to make an
accessible telephone call, please visit
https://www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
Requests for copies of the proposed
forms should be submitted to Mr.
Wincek.
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:
Standards for Success Reporting.
OMB Approval Number: 2501–0034.
Type of Request: Regular.
Type of Information Collection:
Renewal.
Form Numbers: HUD–PRL.

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Description of the need for the
information and proposed use: This
request is for the continued clearance of
data collection and reporting
requirements to enable the Department
of Housing and Urban Development
(HUD) to better assess the effectiveness
of discretionary-funded programs
included in this information collection
request (ICR). The discretionary-funded
programs included in this ICR are the
Multifamily Housing Service
Coordinator Grant Program, the
Multifamily Housing Budget-based
Service Coordinator Program, and the
Resident Opportunity and Self
Sufficiency Service Coordinator Grant
Program (ROSS).
This proposed collection, titled
Standards for Success, has three key
tenets which improve data collection
and reporting for participating
programs. First is the standardization of
data collection and reporting
requirements across programs which
increases data comparability and
utilization. Second is the ability to
report on measurable outcomes and
aligning them with higher-level agency
objectives. And third is the collection of
record-level data, instead of aggregate
data. Collecting de-identified data at the
level of the service recipient allows for
more meaningful analysis, improved
management, and the ability to
demonstrate the progress and
achievements of the funding recipients
and the programs. Standards for Success
accepts data submission by direct data
input through the HUD-funded
GrantSolutions online data collection
and reporting tool (OLDC) and by data
file upload, accommodating file formats

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Federal Register / Vol. 90, No. 189 / Thursday, October 2, 2025 / Notices
in Microsoft Excel or Extensible Markup
Language (XML).
Currently across HUD, there are
several reporting models in place for its
discretionary programs. The reporting
models provide information on a wide
variety of outputs and outcomes and are
based on unique data definitions and
outcome measures in program-specific
performance and progress reports. In
Federal Fiscal Year 2013, nine program
offices at HUD used six systems and 15
reporting tools to collect over 700 data
elements in support of varied metrics to
assess the performance of their funding
recipients. The proposed data collection
and reporting requirements described in
this notice are designed to provide HUD
programs a tested alternative to their
existing disparate reporting
methodologies, forms, systems, and
requirements.
The lack of standardized data
collection and reporting requirements
imposes an increased burden on
funding recipients with multiple HUD
funding streams. The need for a
comprehensive standardized reporting
approach is underscored by reviews
conducted by external oversight
agencies, including the HUD Office of
Inspector General (OIG) and the
Government Accountability Office
(GAO). These oversight agencies have
questioned the soundness and
comparability of data reported by HUD
prior to Standards for Success. To
address these issues, HUD is using its
statutory and regulatory authority to
improve and strengthen performance
reporting for its discretionary programs.
The Secretary’s statutory and
regulatory authority to administer
housing and urban development
programs include provisions allowing

for the requirement of performance
reporting from funding recipients. This
legal authority is codified at 42 U.S.C.
3535(r). The individual privacy of
service recipients is of the highest
priority. The reporting repository
established at HUD to receive data
submission from funding recipients will
not include any personally identifiable
information (PII). Additionally, if the
data from a funding recipient has 25 or
fewer individuals served during a fiscal
year as reported in the record-level
reports, then the results for the
demographic data elements for the 25 or
fewer individuals will also be redacted
or removed from the public-use data file
and any publicly available analytical
products in order to ensure the inability
to identify any individual.
Eligible entities receiving funding by
HUD are expected to implement the
proposed recordkeeping and reporting
requirements with available HUD funds.
It is important to note that affected HUD
funding recipients only submit a subset
of the universe of data elements
presented. The participating HUD
program offices determine the specific
data collection and reporting
requirements, which considers the type
and level of service provided by the
respective HUD program.
The reporting requirements in this
proposal better organize the data than
participating programs collected in the
past, standardize outcomes and
performance measures, and allow
program offices at HUD to select which
data elements are relevant for their
respective programs. Documents
detailing the data elements are available
for review by request from Thaddeus
Wincek (Thaddeus.D.Wincek@hud.gov).
All information reported to HUD will be

47807

submitted electronically. Funding
recipients may use existing management
information systems provided those
systems collect all the required data
elements and can be exported for
submission to HUD. Funding recipients
that sub-award funds to other
organizations will need to collect the
required information from their subrecipients.
Information collected and reported
will be used by funding recipients and
HUD for the following purposes:
• To provide program and
performance information to recipients,
general public, Congress, and other
stakeholders;
• To continuously improve the
quality, effectiveness, and efficiency of
discretionary-funded programs;
• To provide management
information for use by HUD in program
administration and oversight, including
the scoring of applications and the
monitoring of funding-recipient
participation, services, and outcomes;
and
• To better measure and analyze
performance information to identify
successful practices to be replicated and
prevent or correct problematic practices
and improve outcomes in compliance
with the Government Performance and
Results Act (GPRA) and the GPRA
Modernization Act.
The data collection and reporting
requirements may expand to other HUD
programs. Program implementation will
be determined by the program. HUD
will provide technical assistance to
funding recipients throughout the
implementation.
Respondents: Organizations receiving
HUD funding as listed on page 2.

ANNUAL BURDEN ESTIMATE FOR THE REQUESTED REPORTING APPROACH
Information collection

Number of
respondents

Frequency of
response

Responses
per annum

Burden
hours
per
response

Annual
burden
hours

Hourly
cost per
response

Annual
cost

HUD Participant
Record-Level Report
(HUD–PRL) ..............

5,723

1

1 595,532

0.33

198,511

2 $24.12

$4,788,074

1 There

are an estimated 104 individuals served by each of the 5,723 funding recipients.
2 The hourly cost of $24.12 is the average wage for office and administrative support occupations as reported in the May 2024 Occupational
Employment and Wages produced by the U.S. Department of Labor, Bureau of Labor Statistics.

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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

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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

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(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.

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Federal Register / Vol. 90, No. 189 / Thursday, October 2, 2025 / Notices

HUD encourages interested parties to
submit comments in response to these
questions.
(Authority: Section 2 of the Paperwork
Reduction Act of 1995, 44 U.S.C. 3507.)
Neba Funiba,
Acting Director, Grants Management and
Oversight.
[FR Doc. 2025–19271 Filed 10–1–25; 8:45 am]
BILLING CODE 4210–67–P

DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–6551–N–01]

Future of the HECM and HMBS
Programs and Opportunities for
Innovation in Accessing Home Equity
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner and the Government
National Mortgage Association,
Department of Housing and Urban
Development (HUD).
ACTION: Request for information.
AGENCY:

The Department of Housing
and Urban Development (HUD), through
the Federal Housing Administration
(FHA) and the Government National
Mortgage Association (Ginnie Mae), are
seeking public comments regarding the
market for senior homeowners to access
equity in their homes and possible
improvements to the Home Equity
Conversion Mortgage (HECM) and
HECM mortgage-backed securities
(HMBS) programs. Over its lifetime,
HUD’s reverse mortgage programs have
served over a million American seniors
but have faced operational and financial
challenges. This Request for Information
(RFI) aims to gather market feedback on
opportunities to enhance the HECM and
HMBS programs and the appropriate
role of these programs in facilitating
access to home equity for senior
homeowners.

SUMMARY:

Comments must be received by
December 1, 2025. Late-filed comments
will be considered to the extent
practicable.

DATES:

Interested persons are
invited to submit comments responsive
to this RFI. Copies of all comments
submitted are available for inspection
and downloading at
www.regulations.gov. To receive
consideration as public comments,
comments must be submitted through
one of the two methods specified below.
All submissions must refer to the above
docket number and title. Commenters
are encouraged to identify the number
of the specific question or questions to

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ADDRESSES:

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which they are responding. Responses
should include the name(s) of the
person(s) or organization(s) filing the
comment; however, because any
responses received by HUD will be
publicly available, responses should not
include any personally identifiable
information or confidential commercial
information.
1. Electronic Submission of
Comments. Interested persons may
submit comments electronically through
the Federal eRulemaking Portal at
http://www.regulations.gov.
2. Submission of Comments by Mail.
Comments may be submitted by mail to
the Regulations Division, Office of
General Counsel, Department of
Housing and Urban Development, 451
7th Street SW, Room 10276,
Washington, DC 20410–0500.
FOR FURTHER INFORMATION CONTACT:
Elizabeth Davis, Housing Program
Officer, Office of Housing, Department
of Housing and Urban Development,
451 7th Street SW, Room 9262–9280,
Washington, DC 20410–0500; telephone
number 202–402–4491 or (800) CALL–
FHA (1–800–225–5342); email
sffeedback@hud.gov. HUD welcomes
and is prepared to receive calls from
individuals who are deaf or hard of
hearing, as well as individuals with
speech and communication disabilities.
To learn more about how to make an
accessible telephone call, please visit:
https://www.fcc.gov/consumers/guides/
telecommunications-relay-service-trs.
SUPPLEMENTARY INFORMATION:
I. Background
The Home Equity Conversion
Mortgage (HECM) program,
administered by the Federal Housing
Administration (FHA), was authorized
by Congress in 1988 as a pilot initiative
to help senior homeowners convert a
portion of their accumulated home
equity to cash—without having to sell
their homes, relocate, or make monthly
mortgage payments. The program was
made permanent in 1998.
HECMs are available to homeowners
aged 62 and above who occupy their
homes as primary residences and meet
certain financial and property eligibility
criteria set forth in the regulations at 24
CFR part 206 and guidance in HUD’s
Single Family Housing Policy Handbook
4000.1. The product allows borrowers to
receive loan proceeds in the form of a
lump sum, monthly payments, a line of
credit, or a combination of these
options, with repayment deferred until
certain due and payable events occur,
such as when the borrower sells the
home, moves out, or passes away. The
FHA insures the HECM up to a

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Maximum Claim Amount (MCA), which
is determined at the time of origination.
Borrowers or their estates are
guaranteed never to owe more than the
home is worth, even if the loan balance
exceeds the property value.
Over time, FHA has implemented a
range of programmatic reforms aimed at
mitigating losses to FHA’s Mutual
Mortgage Insurance Fund (MMIF), the
federal fund covering HECMs and
forward mortgages, caused by HECM
activity and other external factors.
These reforms include the introduction
of financial assessment requirements,
limits on upfront draw amounts,
servicing rule changes, and adjustments
to principal limit factors. Ginnie Mae,
likewise, has developed HMBS pooling
guidelines in an effort to address
persistent liquidity constraints and
other structural issues within the
industry. As per its statutory purpose to
increase liquidity of mortgage
investments and distribution of the
investment capital, Ginnie Mae
launched the HMBS program in 2007.
Like other Ginnie Mae programs, the
HMBS carries the Ginnie Mae guaranty
backed by the full faith and credit of the
United States government.
HMBS enables FHA-approved HECM
lenders, who also are approved Ginnie
Mae issuers, to pool their loans into
government-backed securities. Prior to
the development of the HMBS security,
Fannie Mae had been the largest
investor in HECMs, purchasing them
from originators and holding them in
their investment portfolio. Fannie Mae
officially stopped purchasing reverse
mortgages in 2010, effectively leaving
the HMBS structure as the only
meaningful secondary mortgage market
outlet for HECMs. Originally, the HMBS
program saw modest uptake, with $1.2
billion in issuances in its first year, and
a total Unpaid Principal Balance (UPB)
of $6.3 billion by the end of the second
year. Since 2022, HMBS issuance
volumes have fallen, with only $6.3
billion in UPB being securitized in
2024, nearly the same level as that of a
decade ago. Additionally, a private label
market for HECM securities has
developed in parallel as another source
of liquidity and an outlet for collateral
ineligible for the inclusion in federally
guaranteed securities.
II. Purpose of This Request for
Information
The purpose of this RFI is to solicit
information on the appropriate role of
the HECM and HMBS programs in
facilitating access to home equity for
senior homeowners and opportunities to
improve and more closely align these
programs with their intended role.

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