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This document is an amendment to the Consolidated Annual Contributions Contract between the Housing Authority and HUD, detailing the provision of CFP assistance for capital and management activities
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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 necessary documentation: Collect all relevant financial documents, regulations, and guidelines pertaining to the Capital Fund Program.
02
Access the CFP Amendment form: Obtain the official CFP Amendment form from the Department of Housing and Urban Development (HUD) website.
03
Complete the form: Fill out all required fields, ensuring accuracy in numbers and compliance with regulations.
04
Provide detailed explanations: For any amendments, clearly explain the reasons and necessity for the changes being proposed.
05
Review for completeness: Double-check all sections of the form to ensure nothing is omitted or incorrect.
06
Submit the form: Send the completed CFP Amendment form to the appropriate HUD office, following their submission guidelines.
07
Track the submission: Keep a record of the submission date and any confirmation received from HUD for future reference.

Who needs Capital Fund Program (CFP) Amendment?

01
Public housing authorities (PHAs) that receive Capital Fund Program allocations to maintain and develop public housing.
02
Organizations managing public housing that require adjustments to their funding allocations due to project changes.
03
PHAs needing to amend their plans for compliance with federal regulations or to reflect new funding needs.
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The Capital Fund Program (CFP) Amendment is a modification or update to a Public Housing Authority's (PHA) original CFP submission, which outlines changes in the planned use of funds for capital improvements in public housing.
Public Housing Authorities (PHAs) that receive Capital Fund Program funding and need to make changes to their previously approved budgets or plans are required to file a CFP Amendment.
To fill out a CFP Amendment, PHAs need to complete the required forms provided by the Department of Housing and Urban Development (HUD), ensuring to specify the changes being made, provide updated budgets, and adhere to submission deadlines.
The purpose of the CFP Amendment is to ensure flexibility in the management of funds, allowing PHAs to effectively adjust their capital improvement plans as needed to meet the evolving needs of their housing developments.
The information that must be reported includes the specific changes to the budget, descriptions of project modifications, timelines for implementation, and any other relevant details that impact the use of Capital Fund resources.
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