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This document serves as an amendment to the Consolidated Annual Contributions Contract between the Public Housing Authority and HUD, outlining the provision of Capital Fund assistance for public housing
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How to fill out capital fund program amendment

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How to fill out Capital Fund Program Amendment

01
Gather all necessary documentation related to your current Capital Fund Program grant.
02
Identify the specific changes you need to make and outline the reasons for these amendments.
03
Complete the Amendment Form by entering your organization’s details and the specific amendments you are proposing.
04
Provide a detailed justification for each proposed change, including any supporting data or calculations.
05
Review the amended proposal for compliance with Capital Fund Program regulations.
06
Obtain necessary approvals from your board or relevant stakeholders.
07
Submit the completed Amendment Form along with any required attachments to the appropriate HUD office.

Who needs Capital Fund Program Amendment?

01
Public housing authorities (PHAs) that are managing a Capital Fund Program grant and require changes to their funding or project plans.
02
Organizations involved in public housing projects that need to adjust their budgets or project timelines.
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People Also Ask about

For a government entity, capital funding is likely to be public money garnered through bond measures and taxes. Capital funding can be used for new construction, modernization projects, or to cover operational costs. Public sector capital funding is used for more than just repairing roads and building bridges.
Answer: Capital funding is the money that lenders and equity holders provide to a business for daily and long-term needs.
In the private sector, capital funding sources include cash reserves, bank loans, equity and debt offerings, grants, and—for small and/or early-stage companies—venture capitalists, angel investors, crowdfunding, and even friends and family members.
money for buying land, buildings, equipment, etc. that are used to produce products or provide services: The Education Department is asking for $217.9 million in capital funds for new schools.
noun [ plural ] FINANCE, PRODUCTION. money for buying land, buildings, equipment, etc. that are used to produce products or provide services: The Education Department is asking for $217.9 million in capital funds for new schools.
The CFP 5-Year Action Plan must describe the capital improvements necessary to ensure long-term physical and social viability of the PHA's public housing developments, including the capital improvements to be undertaken within the 5-year period, their estimated costs, status of environmental review, and any other
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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The Capital Fund Program Amendment is a modification to the original Capital Fund Program plan that allows public housing authorities to make adjustments to their capital investment strategies, including the allocation of funds for various projects or initiatives.
Public housing authorities (PHAs) that receive Capital Fund Program (CFP) grants are required to file a Capital Fund Program Amendment whenever they need to change their planned use of funds or make significant modifications to their original CFP submission.
To fill out a Capital Fund Program Amendment, PHAs must complete the amendment form provided by the Department of Housing and Urban Development (HUD), including necessary details about the changes being made, justification for those changes, and documentation supporting the proposed updates.
The purpose of the Capital Fund Program Amendment is to ensure flexibility in the management of capital funds, allowing public housing authorities to adapt to changes in project needs, funding availability, or unexpected circumstances while maintaining compliance with HUD regulations.
The information that must be reported on a Capital Fund Program Amendment includes the original planned uses of funds, the new proposed uses, reasons for the amendment, any changes in project timelines, and other relevant financial details that reflect the adjustment of funds.
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Capital Fund Program HUD Public Housing Authority amendment funding assistance low-income housing annual contributions public housing development

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