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This document details the funding and rehabilitation efforts under the Public Housing Capital Fund Formula, including awarded grants and project completion status.
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How to fill out capital fund arra grants
How to fill out Capital Fund ARRA Grants
01
Gather necessary documentation: Identify the required documents such as project plans, budgets, and financial statements.
02
Review eligibility criteria: Ensure your organization meets the eligibility requirements for the Capital Fund ARRA Grants.
03
Complete the application form: Fill out the official application form accurately with all required information.
04
Detail your project proposal: Clearly outline your proposed project, including objectives, timeline, and expected outcomes.
05
Prepare a budget: Create a detailed budget that aligns with the project proposal, specifying how grant funds will be used.
06
Obtain required signatures: Ensure that all necessary sign-offs are obtained from relevant authorities or stakeholders.
07
Submit the application: Send your completed application and supporting documents to the designated grant office before the deadline.
08
Follow up: After submission, check the status of your application and address any additional requests from grant administrators.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities looking to improve or modernize their facilities.
02
Non-profit organizations involved in housing development projects.
03
Entities that manage affordable housing and require funding for rehabilitation projects.
04
Local government agencies focused on enhancing community 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 financial assistance programs established under the American Recovery and Reinvestment Act (ARRA) aimed at providing funds to public housing agencies for capital improvements.
Who is required to file Capital Fund ARRA Grants?
Public housing authorities that receive Capital Fund ARRA Grants are required to file the grants.
How to fill out Capital Fund ARRA Grants?
To fill out Capital Fund ARRA Grants, agencies must complete the standardized forms provided by the U.S. Department of Housing and Urban Development (HUD), ensuring all required information and budgets are accurately reported.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to stimulate the economy by funding the construction, rehabilitation, and maintenance of public housing properties, thereby improving living conditions for residents.
What information must be reported on Capital Fund ARRA Grants?
Agencies must report on the use of funds, progress on capital projects, performance metrics, compliance with federal regulations, and any other relevant financial reporting as mandated by HUD.
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