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This document amends the Consolidated Annual Contributions Contract between the Housing Authority and HUD, providing CFP assistance for capital and management activities at public housing developments.
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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 HUD website or your local HUD office.
02
Fill in the Housing Authority name and address at the top of the form.
03
Provide the contract number associated with your Capital Fund Program.
04
Specify the nature of the amendment you are requesting.
05
Input details regarding the funds being amended, including the amounts and applicable project codes.
06
Ensure all supporting documentation is attached to clarify the reasons for the amendment.
07
Add signatures from authorized officials of the Housing Authority.
08
Submit the completed form to your local HUD field office.
09
Keep a copy of the submitted form for your records.
Who needs Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
01
Public Housing Authorities (PHAs) managing Capital Fund Program funds.
02
Housing Authorities requesting changes to the funding allocations or project scopes.
03
PHAs seeking to amend their Consolidated Annual Contributions Contract.
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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 regulatory document utilized by public housing authorities to amend their existing contracts related to federal funding for capital improvements in public housing.
Who is required to file Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
Public housing authorities (PHAs) receiving Capital Fund Program assistance are required to file the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) to ensure compliance with federal regulations.
How to fill out Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
To fill out the form HUD-53012, housing authorities must enter relevant information including the name of the authority, contract details, amendments being made, and any budgetary changes. It is advised to follow the instructions provided in the form for accurate completion.
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 facilitate adjustments and modifications to the existing funding agreements, ensuring that public housing authorities can address changing requirements and project needs efficiently.
What information must be reported on Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
The form requires reporting information such as the public housing authority's name, the contract number, fiscal year details, specific amendments being made, and any changes to funding allocations or project scopes.
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