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Report detailing the allocation and status of the Capital Fund ARRA Grants awarded to the Chicago Housing Authority for the rehabilitation of public housing units.
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How to fill out capital fund arra grants
How to fill out Capital Fund ARRA Grants
01
Gather necessary documents including financial statements and project proposals.
02
Visit the official HUD website to download the Capital Fund ARRA Grants application form.
03
Fill out the application form with accurate information on project scope, budget, and impact.
04
Ensure compliance with eligibility requirements and guidelines specified by HUD.
05
Review the application for completeness and accuracy.
06
Submit the application before the designated deadline via the prescribed method (online or mail).
07
Keep a copy of the submitted application for your records.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities (PHAs) that manage low-income housing.
02
Local government agencies seeking funding for housing-related projects.
03
Non-profit organizations focused on affordable housing development.
04
Private entities involved in housing construction or rehabilitation that partner with PHAs.
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People Also Ask about
What are ARRA funds?
The American Recovery and Reinvestment Act (ARRA)—more commonly known as the stimulus package of 2009 or the Obama stimulus—was a massive injection of federal spending into the economy, intended to create new jobs and restore jobs lost in the Great Recession of 2008.
What is a capital fund program?
The Capital Fund Program provides annual formula based grants to Public Housing Agencies (PHAs) for capital and management activities, including modernization and development of public housing.
What is a capital grant used for?
Capital funding is defined as funding used to expand or renovate a building, purchase major equipment or construct a new facility.
What is the difference between a capital grant and an operating grant?
Operational and capital grants serve very different functions. Operational grants provide money to cover daily overhead costs, while capital grants provide money for capital purchases, such as furniture or buildings. You need a temporary infusion of cash to support your everyday expenses.
What does the ARRA provide funds for?
The ARRA is intended to save existing jobs and create new jobs, spur spending by business and consumers, and lay a foundation for renewed economic growth and prosperity. It recognizes that post-secondary education will play an important part in both the immediate and the long-term economic health of the country.
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What is Capital Fund ARRA Grants?
Capital Fund ARRA Grants are federal funds provided under the American Recovery and Reinvestment Act (ARRA) to support the development, rehabilitation, and modernization of public housing infrastructure.
Who is required to file Capital Fund ARRA Grants?
Public housing agencies (PHAs) that receive funding under the Capital Fund program are required to file Capital Fund ARRA Grants.
How to fill out Capital Fund ARRA Grants?
To fill out Capital Fund ARRA Grants, PHAs must complete the required forms provided by the U.S. Department of Housing and Urban Development (HUD), detailing their proposed uses for the funds and ensuring compliance with ARRA guidelines.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to stimulate economic recovery by improving public housing conditions, creating jobs, and supporting the infrastructure for low-income families.
What information must be reported on Capital Fund ARRA Grants?
PHAs must report on the use of grant funds, project outcomes, expenditure details, job creation, and compliance with ARRA requirements, including maintaining records and providing necessary data to HUD.
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