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Get the free Form HUD-5402A, Requisition for Development or Modernization Funds - hud

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This document provides instructions for Public Housing Authorities (PHAs) on preparing and submitting Form HUD-5402A for development or modernization funds, including necessary supporting documentation
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How to fill out form hud-5402a requisition for

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How to fill out Form HUD-5402A, Requisition for Development or Modernization Funds

01
Obtain a copy of Form HUD-5402A from the HUD website or your local HUD office.
02
Fill in the project's name and address in the designated fields.
03
Provide the unique identification number assigned to the project by HUD.
04
Complete the budget line items by entering the appropriate amounts for development or modernization funds requested.
05
Attach any necessary supporting documentation that justifies the funding request.
06
Sign and date the form in the appropriate section.
07
Submit the completed form to the designated HUD office by the required deadline.

Who needs Form HUD-5402A, Requisition for Development or Modernization Funds?

01
Housing authorities and developers seeking federal funds for the development or modernization of public housing.
02
Organizations involved in the improvement of housing under HUD programs.
03
Local government agencies that are managing HUD-funded construction or improvement projects.
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People Also Ask about

The U.S. Department of Housing and Urban Development (HUD) administers Federal aid to local housing agencies (HAs) that manage the housing for low-income residents at rents they can afford.
HUD 221(d)(4) loans are non-recourse, fixed-rate, and long-term financing options for the construction or improvement of apartment buildings and multifamily properties. In this article: HUD 221(d)(4) Construction/Rehabilitation Loans. Sample Terms for HUD 221(d)(4) Loans in April 2025.
Section 3 projects are housing rehabilitation, housing construction, and other public construction projects assisted under HUD programs that provide housing and community development financial assistance when the total amount of assistance to the project exceeds a threshold of $200,000.
The phrase program or project means any activity or series of activities undertaken by a Federal Agency or with Federal financial assistance received or anticipated in any phase of an undertaking in ance with the Federal funding Agency guidelines.
HUD Forms 9887/9887A are used for HUD's Multifamily Housing Programs (e.g. Section 8 PBRA, PRAC, 236, etc.). HUD Form 9886 is used for HUD's Public & Indian Housing Programs (HCV, PBV, Public Housing, Native American Programs, etc.).
HUD is the U.S. Department of Housing and Urban Development. Since 1976, all manufactured homes, such as prefab ADUs, must conform to HUD codes. The federal government instituted these standards to ensure safety, uniformity, durability, and consistency of construction.

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Form HUD-5402A is a document used by public housing authorities and other entities to request funding for the development or modernization of public housing projects.
Public housing authorities and related organizations that are involved in the development or modernization of public housing are required to file Form HUD-5402A.
To fill out Form HUD-5402A, you need to provide project details, funding amounts requested, and any other relevant information pertaining to the development or modernization project.
The purpose of Form HUD-5402A is to formalize requests for funds to support the development or modernization of public housing, ensuring transparency and accountability in the use of federal funds.
Form HUD-5402A requires reporting of project identification, funding amounts, purpose of the request, and detailed cost estimates related to the development or modernization project.
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