Get the free Capital Fund ARRA Grants - hud

This document outlines the details of a grant awarded to the Wilmington Housing Authority for the development of new public housing units under the Recovery Act, including amounts awarded, disbursed,

How to fill out capital fund arra grants

How to fill out Capital Fund ARRA Grants

1. Gather all necessary documentation, including financial statements and project proposals.
2. Review the specific guidelines for the Capital Fund ARRA Grants to ensure eligibility.
3. Complete the required application form, providing detailed information about your project.
4. Include a budget breakdown that clearly outlines how the funds will be used.
5. Submit the application before the deadline, ensuring that all required attachments are included.
6. Follow up with the granting agency to confirm receipt of your application and to inquire about the review process.

Who needs Capital Fund ARRA Grants?

1. Public housing authorities looking for funding to improve facilities.
2. Non-profit organizations involved in housing development.
3. Local governments aiming to enhance community housing programs.
4. Organizations seeking to support low-income housing initiatives.

People Also Ask about

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.

For pdfFiller’s FAQs

What is Capital Fund ARRA Grants?

Capital Fund ARRA Grants refer to funding provided under the American Recovery and Reinvestment Act (ARRA) to support the development and modernization of public housing projects.

Who is required to file Capital Fund ARRA Grants?

Public housing agencies (PHAs) that receive ARRA funding for capital projects are required to file Capital Fund ARRA Grants.

How to fill out Capital Fund ARRA Grants?

To fill out Capital Fund ARRA Grants, agencies need to complete the required forms by providing information about the planned use of funds, project timelines, and budget estimates, adhering to the guidelines set by the Department of Housing and Urban Development (HUD).

What is the purpose of Capital Fund ARRA Grants?

The purpose of Capital Fund ARRA Grants is to stimulate economic development, create jobs, and improve the living conditions of residents in public housing through modernization and rehabilitation projects.

What information must be reported on Capital Fund ARRA Grants?

Agencies must report information including project descriptions, expenditure reports, job creation metrics, timelines, and updates on the progress of funded projects.