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This document serves as an amendment to the Consolidated Annual Contributions Contract between the Public Housing Authority and HUD for providing Capital Fund assistance to support capital and management
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How to fill out capital fund program cfp

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How to fill out Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012)

01
Gather all necessary information regarding the current Capital Fund Program.
02
Obtain a copy of the form HUD-53012.
03
Review the instructions provided with the form to understand the requirements.
04
Complete the identification section, including the PHA name and number.
05
Enter the applicable fiscal year and other relevant program details.
06
Indicate the type of amendment being requested (e.g., funding increase, project changes).
07
Provide detailed descriptions of the changes in the project scope or budget.
08
Attach any required supporting documents, such as revised budgets or plans.
09
Review the completed form for accuracy and completeness.
10
Submit the completed form HUD-53012 to the appropriate HUD office.

Who needs Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012)?

01
Public Housing Authorities (PHAs) that participate in the Capital Fund Program.
02
Entities managing public housing projects requiring amendments to their funding agreements.
03
Administrators involved in financial planning and reporting for public housing initiatives.
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People Also Ask about

This form of Housing Assistance Payments Contract (HAP contract) is used to provide Section 8 tenant-based assistance under the housing choice voucher program (voucher program) of the U.S. Department of Housing and Urban Development (HUD).
Definitions. ACC Annual contributions contract. ACC Reserve Account An account established by HUD for a program from amounts by which the maximum payment to the HA under the consolidated ACC (during a HA fiscal year) exceeds the amount actually approved and paid.
(a) Nature of ACC. (1) An annual contributions contract (ACC) is a written contract between HUD and a PHA. Under the ACC, HUD agrees to make payments to the PHA, over a specified term, for housing assistance payments to owners and for the PHA administrative fee. The ACC specifies the maximum payment over the ACC term.
The President's FY2025 budget request proposes $72.6 billion in gross discretionary appropriations for HUD, which is about $4.9 billion (7%) more than the $67.7 billion in nonemergency funding provided in the Consolidated Appropriations Act, 2024.

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The Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012) is a document that allows Public Housing Agencies (PHAs) to request amendments related to funding and project changes under the Capital Fund Program.
Public Housing Agencies (PHAs) that receive funding under the Capital Fund Program are required to file the CFP Amendment to the Consolidated Annual Contributions Contract.
To fill out the CFP Amendment, PHAs must provide relevant information such as the amendment type, budget adjustments, project descriptions, and any changes in funding allocations, ensuring all required fields are completed accurately.
The purpose of the CFP Amendment is to formally communicate changes in approved project funding or activities to the Department of Housing and Urban Development (HUD) and to ensure compliance with federal regulations.
The information that must be reported includes details about the amendment, such as the project number, funding changes, descriptions of activities or projects being altered, and the justification for those changes.
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