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This agreement is established between the County of Escambia and AMR at Pensacola, Inc. for the purpose of assisting the Recipient through the HOME Operating Expense Project in developing capacity
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How to fill out chdo operating expense agreement
How to fill out CHDO Operating Expense Agreement
01
Obtain the CHDO Operating Expense Agreement form from your local HUD office or their website.
02
Fill in the organization's name and federal tax ID number at the top of the form.
03
Complete the 'Organization Description' section with details about the CHDO, including its mission and structure.
04
Include a detailed budget outlining expected operating expenses for the upcoming year.
05
Provide information on funding sources and how funds will be allocated.
06
Attach any required documentation that supports your budget and organizational capacity.
07
Review the agreement for accuracy and completeness.
08
Sign and date the form, ensuring it is submitted by the deadline set by the funding agency.
Who needs CHDO Operating Expense Agreement?
01
Community Housing Development Organizations (CHDOs) that are seeking federal funding for operational support.
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What is CHDO Operating Expense Agreement?
The CHDO Operating Expense Agreement is a contractual agreement between a Community Housing Development Organization (CHDO) and a funding agency that outlines the use of funds for operational expenses, ensuring that the CHDO can effectively administer affordable housing programs.
Who is required to file CHDO Operating Expense Agreement?
CHDOs that receive federal funding under the HOME Investment Partnerships Program are required to file a CHDO Operating Expense Agreement to access operational support for their housing activities.
How to fill out CHDO Operating Expense Agreement?
To fill out the CHDO Operating Expense Agreement, the organization must provide necessary information such as the organization's name, funding amounts requested, the specific operational expenses to be covered, and any additional documentation required by the funding agency.
What is the purpose of CHDO Operating Expense Agreement?
The purpose of the CHDO Operating Expense Agreement is to provide financial support for the operational costs of CHDOs to ensure they can effectively carry out their mission of developing and managing affordable housing in their communities.
What information must be reported on CHDO Operating Expense Agreement?
The information that must be reported on the CHDO Operating Expense Agreement includes the budget for operational expenses, detailed descriptions of each expense, performance metrics and goals, and any other documentation required by the funding agency to assess the utilization of funds.
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