Get the free Capital Fund ARRA Grants - hud

This document provides details about a grant awarded to the Ayden Housing Authority for the rehabilitation of public housing units funded by the Recovery Act.

How to fill out capital fund arra grants

How to fill out Capital Fund ARRA Grants

1. Gather all necessary documentation, including financial statements and eligibility materials.
2. Review the specific requirements and guidelines set by the Capital Fund ARRA Grants program.
3. Complete the application forms accurately, ensuring all information is current and correct.
4. Develop a clear project plan outlining how the funds will be used and the expected outcomes.
5. Submit the application by the designated deadline through the appropriate channels, either online or via mail.

Who needs Capital Fund ARRA Grants?

1. Public housing agencies looking to improve or rehabilitate housing facilities.
2. Organizations aiming to enhance affordable housing options for low-income communities.
3. Developers and non-profits involved in housing projects eligible under the ARRA funding criteria.

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 grants provided under the American Recovery and Reinvestment Act (ARRA) aimed at improving public housing and housing infrastructure across the United States.

Who is required to file Capital Fund ARRA Grants?

Public housing authorities (PHAs) that receive funding through 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 Department of Housing and Urban Development (HUD) and submit them along with necessary documentation and project descriptions.

What is the purpose of Capital Fund ARRA Grants?

The purpose of Capital Fund ARRA Grants is to stimulate the economy through job creation and investment in public housing improvements and modernization, enhancing living conditions for residents.

What information must be reported on Capital Fund ARRA Grants?

PHAs must report information such as project descriptions, funding amounts, expenditure reports, job creation statistics, and compliance with ARRA guidelines on Capital Fund ARRA Grants.