Get the free Capital Fund ARRA Grants - hud

This document outlines the details of a grant awarded to the Housing Authority of the City of New Bern for the rehabilitation of public housing units, including the awarded amount, disbursed amount,

How to fill out capital fund arra grants

How to fill out Capital Fund ARRA Grants

1. Gather all necessary documentation for your project, including project details and budget.
2. Visit the official website for Capital Fund ARRA Grants to access the application form.
3. Complete the application form with accurate and up-to-date information.
4. Provide detailed descriptions of how the grant will be used to fund your capital projects.
5. Include any required financial statements or additional supporting documents.
6. Review the application for completeness and accuracy before submission.
7. Submit the application within the designated time frame as outlined by the grant guidelines.

Who needs Capital Fund ARRA Grants?

1. Public housing authorities looking to improve infrastructure and facilities.
2. Non-profit organizations involved in housing development and maintenance.
3. Local governments aiming to enhance public housing projects.
4. Community development organizations seeking funding for capital improvements.

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 are funds provided under the American Recovery and Reinvestment Act (ARRA) aimed at improving public housing infrastructure and providing assistance to local housing agencies for necessary capital improvements.

Who is required to file Capital Fund ARRA Grants?

Local public housing agencies (PHA) that receive Capital Fund ARRA Grants are required to file reports and applications related to the grant.

How to fill out Capital Fund ARRA Grants?

To fill out Capital Fund ARRA Grants, an applicant must follow the specific guidelines provided by the U.S. Department of Housing and Urban Development (HUD) and include necessary documentation about the proposed projects, budget, and timeline.

What is the purpose of Capital Fund ARRA Grants?

The purpose of Capital Fund ARRA Grants is to stimulate economic activity by funding capital improvements in public housing, which enhances living conditions for residents and creates jobs.

What information must be reported on Capital Fund ARRA Grants?

Information that must be reported includes project descriptions, budget allocations, expenditures, progress updates, and outcomes of the funded projects.