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This document outlines the details of the Capital Fund ARRA Grant awarded to the New Bedford Housing Authority for the development of public housing units, including grant amounts, project descriptions,

How to fill out capital fund arra grants

How to fill out Capital Fund ARRA Grants

1. Gather all necessary documentation required for the application.
2. Review the guidelines and eligibility criteria for Capital Fund ARRA Grants.
3. Complete the application form accurately, ensuring all sections are filled out.
4. Prepare a project budget detailing all costs related to the grant.
5. Ensure compliance with federal requirements and local regulations.
6. Submit the application before the designated deadline.
7. Follow up with the grant agency to confirm receipt and inquire about any additional steps.

Who needs Capital Fund ARRA Grants?

1. Public housing authorities seeking funding for capital improvements.
2. Local governments aiming to enhance housing projects with federal support.
3. Non-profit organizations focused on affordable housing developments.
4. Developers interested in funding for projects that include low-income housing.

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.

For pdfFiller’s FAQs

What is Capital Fund ARRA Grants?

Capital Fund ARRA Grants are federal funds provided to Public Housing Authorities (PHAs) to support the development, rehabilitation, and maintenance of public housing properties under the American Recovery and Reinvestment Act.

Who is required to file Capital Fund ARRA Grants?

Public Housing Authorities (PHAs) that receive funding through the Capital Fund program under the American Recovery and Reinvestment Act 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 designated application forms provided by the U.S. Department of Housing and Urban Development (HUD), ensuring all required information and documentation is accurate and submitted by the specified deadlines.

What is the purpose of Capital Fund ARRA Grants?

The purpose of Capital Fund ARRA Grants is to provide resources to improve the quality of public housing, enhance energy efficiency, and support job creation and economic recovery as part of the broader effort initiated by the American Recovery and Reinvestment Act.

What information must be reported on Capital Fund ARRA Grants?

PHAs must report information such as the amount of funding received, project descriptions, expenditure reports, progress updates, and compliance with ARRA reporting requirements, including the economic impact of the funding.