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This document serves as an amendment to the Consolidated Annual Contributions Contract between the Cherryvale Housing Authority and HUD, detailing the allocation of CFP assistance for capital and
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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
Read the instructions carefully to understand each section of the form.
03
Fill in the PHA (Public Housing Authority) name, address, and contact information at the top of the form.
04
Enter the Contract Number for the Consolidated Annual Contributions Contract.
05
Detail the specific amendments you are proposing in the designated section, including any changes to funding levels or project descriptions.
06
Provide justification for each amendment requested, ensuring it aligns with the goals of the Capital Fund Program.
07
Include any required supporting documentation that substantiates your requests.
08
Review the filled-out form for accuracy and completeness.
09
Sign and date the form in the designated area to certify the information provided.
10
Submit the completed form HUD-53012 to your local HUD Field Office for processing.
Who needs Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
01
Public Housing Authorities (PHAs) seeking to amend their existing Capital Fund Program contracts.
02
PHAs needing to adjust funding allocations for capital improvements or maintenance.
03
PHAs requiring updates to their project descriptions or timelines within the Capital Fund Program.
04
HUD Field Offices processing amendments for public housing funding.
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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 formal document used by Public Housing Agencies (PHAs) to request amendments to their annual contributions contract with the U.S. Department of Housing and Urban Development (HUD), specifically relating to capital funding for public housing projects.
Who is required to file Capital Fund Program (CFP) Amendment To The Consolidated Annual Contributions Contract (form HUD-53012)?
Public Housing Agencies (PHAs) that receive Capital Fund Program (CFP) funding are required to file the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) when they need to amend their funding allocations or project 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 To The Consolidated Annual Contributions Contract (form HUD-53012), PHAs should provide detailed information about the proposed amendments, including the amount of funding requested, project descriptions, and any changes to the activities or timelines outlined in the original contract. The form should be completed accurately and submitted according to HUD guidelines.
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 allow PHAs to make necessary modifications to their capital fund plans and funding amounts, ensuring that public housing projects are adequately funded and aligned with current needs and regulations.
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 on the CFP Amendment To The Consolidated Annual Contributions Contract (form HUD-53012) includes the amendment details such as funding amounts, descriptions of altered projects or activities, justifications for the amendments, and compliance with HUD directives and requirements.
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