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This document reports on a grant awarded to the North Providence Housing Authority for the rehabilitation of public housing units, detailing funding, project status, and specific construction activities.
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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 such as financial statements, project proposals, and organizational details.
02
Access the Capital Fund ARRA Grants application portal or obtain a paper application if required.
03
Fill out the application form carefully, ensuring all fields are completed accurately.
04
Attach required documents, including budget plans and project timelines.
05
Review the application to eliminate any errors or omissions.
06
Submit the application by the specified deadline, either online or via mail as instructed.
Who needs Capital Fund ARRA Grants?
01
Public housing authorities seeking funding for capital improvements and the development of housing projects.
02
Non-profit organizations involved in affordable housing initiatives.
03
Local governments aiming to enhance housing infrastructure and services.
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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 funds provided under the American Recovery and Reinvestment Act aimed at revitalizing and modernizing public housing properties.
Who is required to file Capital Fund ARRA Grants?
Public housing agencies (PHAs) 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, agencies should complete the required forms and follow the guidelines specified by the Department of Housing and Urban Development (HUD), ensuring that all necessary financial and project details are accurately reported.
What is the purpose of Capital Fund ARRA Grants?
The purpose of Capital Fund ARRA Grants is to provide financial assistance to public housing agencies to improve and upgrade the physical condition of public housing properties, thereby enhancing resident quality of life.
What information must be reported on Capital Fund ARRA Grants?
Agencies must report information such as funding amounts, project descriptions, budget expenditures, and progress on completing funded projects.
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