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This document outlines the details regarding the Capital Fund ARRA grant awarded to the Housing Authority of the Town of Oberlin, including funding amounts, project information, and completion status.
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How to fill out capital fund arra grants
How to fill out Capital Fund ARRA Grants
01
Gather required documentation: This includes financial statements, project proposals, and necessary certifications.
02
Review grant guidelines: Understand specific eligibility criteria and requirements outlined in the Capital Fund ARRA Grants guidelines.
03
Complete the application form: Fill out the official application form, providing accurate information as required.
04
Detail your project: Clearly describe the project for which you are seeking funding, including objectives, expected outcomes, and timelines.
05
Create a budget: Prepare a detailed budget that aligns with project goals and adheres to funding limits and guidelines.
06
Collect letters of support: Obtain letters from relevant stakeholders endorsing the project and its importance.
07
Submit the application: Ensure all components are complete, then submit the application before the deadline.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities seeking funding for capital improvement projects.
02
Developers and non-profit organizations focused on affordable housing development.
03
Community organizations aiming to enhance facilities and services related to affordable housing.
04
States and local governments needing assistance to improve public housing infrastructure.
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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?
The Capital Fund ARRA Grants are federal funding provided under the American Recovery and Reinvestment Act (ARRA) aimed at improving the infrastructure and capital projects of public housing agencies in the United States.
Who is required to file Capital Fund ARRA Grants?
Public Housing Authorities (PHAs) that receive Capital Fund ARRA Grants are required to file these grants to report on their use and management of the funds.
How to fill out Capital Fund ARRA Grants?
To fill out Capital Fund ARRA Grants, individuals must complete the required application forms provided by the Department of Housing and Urban Development (HUD), detailing the proposed projects, budget, and compliance with regulations.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to finance the construction, rehabilitation, and modernization of public housing facilities, thereby enhancing housing quality and accelerating necessary repairs.
What information must be reported on Capital Fund ARRA Grants?
On Capital Fund ARRA Grants, recipients must report financial data, project schedules, progress of construction or rehabilitation, and compliance with federal guidelines related to the use of funds.
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