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This document outlines the amendment to the Consolidated Annual Contributions Contract, detailing the provision of CFP assistance to a Public Housing Authority for capital and management activities
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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 form HUD-53012 from the HUD website or your local HUD office.
02
Carefully read the instructions provided on the form.
03
Fill out the identifying information, including the Public Housing Authority (PHA) name, address, and contact details.
04
Specify the fiscal year and action purpose for the amendment in the designated sections.
05
Provide a detailed explanation of the proposed changes in the appropriate section.
06
Include a budget outline showing any adjustments to funding allocations.
07
Sign and date the form to certify the information is accurate.
08
Submit the completed form to the appropriate HUD office for review.
Who needs Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012)?
01
Public Housing Authorities (PHAs) managing federally funded housing programs.
02
Organizations involved in the administration of Capital Fund Programs.
03
Government agencies monitoring compliance with the HUD funding requirements.
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People Also Ask about
What is the maximum income to qualify for HUD housing?
This form of Housing Assistance Payments Contract (HAP contract) is used to provide Section 8 tenant-based assistance under the housing choice voucher program (voucher program) of the U.S. Department of Housing and Urban Development (HUD).
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.
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 is the meaning of hap contract?
The President's FY2025 budget request proposes $72.6 billion in gross discretionary appropriations for HUD, which is about $4.9 billion (7%) more than the $67.7 billion in nonemergency funding provided in the Consolidated Appropriations Act, 2024.
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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 modification to the contracts through which public housing authorities receive federal funding for capital improvements and modernization projects.
Who is required to file Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012)?
Public housing authorities (PHAs) that receive funding from the Capital Fund Program are required to file the CFP Amendment to the Consolidated Annual Contributions Contract.
How to fill out Capital Fund Program (CFP) Amendment to The Consolidated Annual Contributions Contract (form HUD-53012)?
To fill out the CFP Amendment form HUD-53012, entities should enter the appropriate PHA information, select the amendment type, provide details of the proposed capital projects, and submit it to the U.S. Department of Housing and Urban Development (HUD) along with any required supporting documentation.
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 is to formally request changes to the capital funding allocation, update project plans, and ensure compliance with federal regulations governing capital improvements in public housing.
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 includes the PHA's identification details, the specific amendment requested, descriptions of the capital projects, funding amounts, timelines, and any changes to previously approved plans.
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