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This document reports on the grant details, disbursement, and project completion information for a public housing development funded under the Capital Fund Formula (Recovery Act).

How to fill out capital fund arra grants

How to fill out Capital Fund ARRA Grants

1. Obtain the Capital Fund ARRA Grants application form from the relevant housing authority website.
2. Review the program guidelines to understand eligibility requirements and allowable expenses.
3. Gather necessary documents such as financial statements, project proposals, and supporting materials.
4. Fill out the application form completely, ensuring all sections are completed accurately.
5. Provide detailed information about the proposed project, including scope, budget, and timeline.
6. Submit the completed application before the deadline specified by the funding authority.
7. Follow up with the housing authority to confirm receipt of the application and inquire about the review process.

Who needs Capital Fund ARRA Grants?

1. Public housing authorities looking to fund capital improvement projects.
2. Non-profit organizations involved in affordable housing initiatives.
3. Local governments aiming to enhance housing infrastructure.
4. Communities seeking to improve living conditions through federally funded projects.

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 federal funding provided under the American Recovery and Reinvestment Act (ARRA) to support the development, rehabilitation, and modernization of public housing in the United States.

Who is required to file Capital Fund ARRA Grants?

Public Housing Authorities (PHAs) that receive Capital Fund ARRA Grants are required to file these grants to report on their use of the funds and progress on the funded projects.

How to fill out Capital Fund ARRA Grants?

To fill out Capital Fund ARRA Grants, PHAs must complete the required forms provided by the Department of Housing and Urban Development (HUD), including information on project costs, timelines, and expected impacts. Detailed instructions and resources can be found on HUD's website.

What is the purpose of Capital Fund ARRA Grants?

The purpose of Capital Fund ARRA Grants is to stimulate the economy by providing funding for public housing improvements, creating jobs, and enhancing living conditions for low-income families.

What information must be reported on Capital Fund ARRA Grants?

PHAs must report information such as the amount of funds awarded, expenditures made, project descriptions, timelines for completion, and the number of units rehabilitated or created using the grant funds.