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UNITED STATES Department of Housing and Urban Development ANNUAL CONTRIBUTIONS CONTRACT Project-based Section 8 Contract Administration 1 DEFINITIONS For definitions of terms related to determination
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Annual contributions contract project-based is a contract between a housing authority and a property owner where the property owner agrees to provide affordable housing in exchange for receiving annual contributions from the housing authority.
Property owners who have entered into a contract with a housing authority to provide affordable housing are required to file annual contributions contract project-based.
To fill out annual contributions contract project-based, property owners must provide detailed information about the affordable housing units they are providing, as well as documentation of their compliance with the terms of the contract.
The purpose of annual contributions contract project-based is to ensure that property owners are providing affordable housing units as agreed upon in the contract, and to provide them with the necessary funding to do so.
Property owners must report information about the number of affordable housing units they are providing, the rent charged for each unit, and any challenges or successes they have encountered in fulfilling the terms of the contract.
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