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This document outlines the details of the Capital Fund ARRA Grant awarded to the Wilmington Housing Authority for the rehabilitation of public housing units.
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How to fill out capital fund arra grants
How to fill out Capital Fund ARRA Grants
01
Review the eligibility requirements for Capital Fund ARRA Grants.
02
Gather the necessary documentation, including financial statements and project proposals.
03
Complete the application form, ensuring all sections are filled out accurately.
04
Detail the project's goals, timeline, and budget in the proposal section.
05
Attach any required supporting documents, such as letters of support or partnership agreements.
06
Submit the completed application by the specified deadline, following the submission guidelines.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities.
02
Non-profit organizations involved in housing development.
03
Local governments seeking to improve community housing.
04
Organizations working on energy efficiency in publicly funded housing.
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What are ARRA funds?
The American Recovery and Reinvestment Act (ARRA)—more commonly known as the stimulus package of 2009 or the Obama stimulus—was a massive injection of federal spending into the economy, intended to create new jobs and restore jobs lost in the Great Recession of 2008.
What is a capital fund program?
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.
What is a capital grant used for?
Capital funding is defined as funding used to expand or renovate a building, purchase major equipment or construct a new facility.
What is the difference between a capital grant and an operating grant?
Operational and capital grants serve very different functions. Operational grants provide money to cover daily overhead costs, while capital grants provide money for capital purchases, such as furniture or buildings. You need a temporary infusion of cash to support your everyday expenses.
What does the ARRA provide funds for?
The ARRA is intended to save existing jobs and create new jobs, spur spending by business and consumers, and lay a foundation for renewed economic growth and prosperity. It recognizes that post-secondary education will play an important part in both the immediate and the long-term economic health of the country.
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What is Capital Fund ARRA Grants?
Capital Fund ARRA Grants are funding provided under the American Recovery and Reinvestment Act (ARRA) aimed at supporting public housing authorities in the construction, rehabilitation, and modernization of public housing.
Who is required to file Capital Fund ARRA Grants?
Public housing authorities that are recipients of Capital Fund ARRA Grants are required to file necessary documentation and reports as stipulated by the U.S. Department of Housing and Urban Development (HUD).
How to fill out Capital Fund ARRA Grants?
To fill out Capital Fund ARRA Grants, applicants should complete the required forms provided by HUD, ensuring to provide accurate and detailed information about the proposed projects, funding needs, and compliance with ARRA guidelines.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to improve the quality of public housing, stimulate economic recovery, and create jobs through investments in public housing infrastructure.
What information must be reported on Capital Fund ARRA Grants?
Information that must be reported includes project descriptions, expenditure data, performance measurements, and compliance with ARRA requirements, such as environmental reviews and labor standards.
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