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This document outlines the amendment to the Consolidated Annual Contributions Contract between the Public Housing Authority and the U.S. Department of Housing and Urban Development for providing CFP
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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

01
Gather all necessary documents and information related to the existing Capital Fund Program (CFP) grant.
02
Review the guidelines provided by the U.S. Department of Housing and Urban Development (HUD) regarding the amendment process.
03
Identify the specific changes or updates you need to make to the original CFP grant.
04
Complete the CFP Amendment Form, ensuring that all relevant sections are filled out accurately.
05
Attach any required supporting documentation that justifies the amendment.
06
Submit the completed amendment form and supporting documents to HUD or the appropriate local authority.
07
Keep copies of the submitted amendment for your records and follow up to ensure it has been processed.

Who needs Capital Fund Program (CFP) Amendment?

01
Public housing authorities managing CFP grants who need to make adjustments to their funding allocations or project plans.
02
Entities seeking to align CFP funding with changing project needs or unforeseen circumstances.
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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.
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A contingency funding plan (CFP) is, at its core, a liquidity crisis management instrument. The document is prepared as a directive for a future emergency and stands ready to be referenced, someday, as a response plan and potential forecast of how a distant liquidity event may unfold.
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The Capital Fund Program (CFP) Amendment is a formal modification or adjustment to the original Capital Fund Program application or plan, allowing for changes in funding allocation, project scopes, or timelines to better address the needs of public housing authorities.
Public Housing Authorities (PHAs) that receive Capital Fund Program grants are required to file a CFP Amendment whenever changes need to be made to their existing approved plans.
To fill out a CFP Amendment, PHAs should complete the necessary forms provided by the Department of Housing and Urban Development (HUD), ensuring to detail the proposed changes, provide justifications, and include any relevant documentation or supporting materials.
The purpose of the CFP Amendment is to ensure that the allocations of funds and the activities related to public housing developments are aligned with current needs and priorities, enhancing the effective use of capital funds.
The information required to be reported on a CFP Amendment includes the specific changes being requested, updates on funding amounts, alterations in project timelines, and any other relevant details affecting the implementation of the capital projects.
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