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This document outlines the details of a grant awarded to the Jacksonville Housing Authority for the rehabilitation of public housing units under the Capital Fund program.
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How to fill out capital fund arra grants
How to fill out Capital Fund ARRA Grants
01
Gather all necessary documentation, including financial records and project plans.
02
Visit the official HUD website to access the Capital Fund ARRA Grants application forms.
03
Complete the required sections of the application, ensuring all information is accurate and complete.
04
Include a detailed budget that outlines how the grant funds will be used.
05
Provide any additional supporting documents as required by the application guidelines.
06
Review the entire application for errors or omissions before submission.
07
Submit the application by the specified deadline, ensuring it is sent to the correct address or email.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities seeking funding for capital improvements.
02
Organizations focused on affordable housing development.
03
Communities looking to enhance their housing infrastructure.
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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 through the American Recovery and Reinvestment Act to support public housing agencies in improving and modernizing their facilities.
Who is required to file Capital Fund ARRA Grants?
Public housing agencies that receive funding under the Capital Fund program are required to file Capital Fund ARRA Grants.
How to fill out Capital Fund ARRA Grants?
To fill out Capital Fund ARRA Grants, applicants must provide detailed information about proposed projects, budget estimates, and timelines, often using specific forms and guidelines provided by the administering agency.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to stimulate the economy by funding construction, modernization, and rehabilitation projects in public housing, thereby creating jobs and improving housing conditions.
What information must be reported on Capital Fund ARRA Grants?
Grantees must report information on expenditures, project progress, and outcomes, including how funds were used, jobs created, and the impact on the community.
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