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This document outlines the amendment to the Consolidated Annual Contributions Contract between HUD and the Ada County Housing Authority regarding the provision of capital fund assistance for public
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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
Review the instructions provided with the form to understand requirement details.
03
Fill in the header section with the Public Housing Authority (PHA) name and contact information.
04
Specify the fiscal year for which you're requesting the amendment.
05
Provide details about the original Consolidated Annual Contributions Contract (ACC) including the ACC number.
06
Describe the changes you are requesting in the amendment, specifying budget line items and justification.
07
Check for any necessary supporting documentation that must accompany the amendment form.
08
Review the completed form for accuracy and completeness.
09
Obtain necessary signatures from authorized PHA officials.
10
Submit the completed form HUD-53012 to the relevant HUD office for review.
Who needs Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
01
Public Housing Authorities (PHAs) seeking to make amendments to their existing Capital Fund Program agreements.
02
PHAs that have received funding under the Capital Fund Program and need to adjust their budget allocations.
03
Any organization involved in the management and oversight of public housing projects that require contract modifications.
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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 document used by public housing authorities to amend their annual contributions contract with the U.S. Department of Housing and Urban Development (HUD) regarding the allocation and management of capital funds.
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 funding under the Capital Fund Program are required to file the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) when there are changes to their funding allocations or capital plans.
How to fill out Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
To fill out the CFP Amendment, PHAs should provide their identifying information, specify the changes being made to the existing contract, and include any relevant financial data, ensuring all sections are completed accurately according to the instructions provided by HUD.
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 is to facilitate the formal process of amending funding agreements between public housing authorities and HUD, allowing for adjustments in capital funding based on changing needs or priorities.
What information must be reported on Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
The information that must be reported includes the PHA's identifying details, proposed changes to the funding or activities, justification for the amendments, and any associated financial information that supports the requested changes.
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