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APPENDIX 16
ITEMS ELIGIBLE FOR REIMBURSEMENT FROM THE REPLACEMENT RESERVE
NOTE:The owner must include these items when analyzing the adequacy
of the replacement reserve and when estimating future
replacement
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How to fill out hud replacement reserve appendix
Who needs hud replacement reserve appendix?
01
Owners, operators, or managers of HUD-insured or HUD-assisted multifamily properties with a replacement reserve account.
02
Public housing agencies (PHAs) or non-profit organizations responsible for managing HUD-funded properties.
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What is hud replacement reserve appendix?
The HUD replacement reserve appendix is a document that outlines the plan for setting aside funds for future replacement of capital items in affordable housing projects.
Who is required to file hud replacement reserve appendix?
Owners of affordable housing projects that receive funding from HUD are required to file the HUD replacement reserve appendix.
How to fill out hud replacement reserve appendix?
The HUD replacement reserve appendix should be filled out by providing detailed information on the planned replacement schedule, estimated costs, and funding sources for future capital replacements in the affordable housing project.
What is the purpose of hud replacement reserve appendix?
The purpose of the HUD replacement reserve appendix is to ensure that affordable housing projects have a plan in place to cover the costs of replacing capital items as they reach the end of their useful life.
What information must be reported on hud replacement reserve appendix?
The HUD replacement reserve appendix should include details on the schedule for replacement of capital items, estimated costs, funding sources, and any other relevant information.
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