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This document is an amendment to the Consolidated Annual Contributions Contract between a Public Housing Authority and HUD, specifying funding for public housing capital and management activities.
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How to fill out capital fund program cfp
How to fill out Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)
01
Obtain the form HUD-53012 from the official HUD website.
02
Fill in the name of the Public Housing Agency (PHA) at the top of the form.
03
Provide requested contact information, including address, phone number, and email.
04
Review the sections for the specific amendments being requested regarding the Capital Fund Program.
05
Clearly state the reasons for the amendments in the designated area.
06
Complete any additional fields required, ensuring all figures and amounts are accurate.
07
Sign and date the form at the bottom.
08
Submit the completed form to the appropriate HUD office as instructed.
Who needs Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
01
Public Housing Agencies (PHAs) seeking to amend their Capital Fund Program funding.
02
PHAs requiring adjustments to their existing Consolidated Annual Contributions Contracts (ACC).
03
PHAs requesting changes due to project modifications or funding reallocations.
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People Also Ask about
What is an ACC 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.
How much do you pay for rent on HUD?
The HUD Section 8 program pays rents for low-income households directly to private landlords. In most cases, the local housing authority, funded by HUD, will pay about 70% of a tenant's rent, while the tenant will pay the other 30%.
What is HUD and how does it work?
The U.S. Department of Housing and Urban Development (HUD) administers Federal aid to local housing agencies (HAs) that manage the housing for low-income residents at rents they can afford. HUD furnishes technical and professional assistance in planning, developing, and managing these developments.
What is an ACC unit?
A type of unit or share that provides the facility for the automatic reinvestment of income earned from the underlying portfolio. The number of Accumulation units does not change as income is reinvested.
What is the HUD annual contribution contract?
(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.
What does ACC stand for in housing?
What do the acronyms HOA, ACC and CCR mean? HOA H- omeowner Association. ACC - Architectural Control Committee. CCR – Declaration of Protective Covenants, Conditions and Restrictions.
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What is Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
The Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) is a form used by public housing authorities to amend their existing Capital Fund Program contracts with the Department of Housing and Urban Development (HUD) to reflect changes in funding, project scope, or other pertinent details.
Who is required to file Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
Public housing authorities (PHAs) that receive Capital Fund Program allocations from HUD are required to file the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) when changes to the original agreement are necessary.
How to fill out Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
To fill out the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012), PHAs must provide specific information such as the amendment number, the PHA identifier, project details, funding changes, and any additional comments or justifications required for the amendment.
What is the purpose of Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
The purpose of the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) is to formally document changes to the funding and related agreements of the Capital Fund, ensuring compliance with HUD regulations and facilitating effective management of capital projects by public housing authorities.
What information must be reported on Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
Information that must be reported includes the amendment number, PHA code, project descriptions, funding amounts, reasons for the amendment, updates to schedules, and any other relevant information that justifies the need for the amendment.
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