Public Housing Capital Fund Competitive (recovery Act Funded)

 

To provide funds for the capital and management activities of Public Housing Agencies as authorized under section 9 of the United States Housing Act of 1937 (42 U.S.C. 1437g) (the â₏˜â₏˜Actâ₏), with the exception that funds cannot be used for operations or rental assistance. The funds shal1 be awarded by competition for priority investments, including investments that leverage private sector funding or financing for renovations and energy conservation retrofit investments.

Deleted 01/15/2013 (Archived.) 14.884 Agency: Department of Housing and Urban Development
Office: Office of Public and Indian Housing Project Grants Fiscal Year 2010: No Current Data Available Fiscal Year 2011: Through formula and competitive Recovery Act Capital Funds, the Department plans to rehabilitate 5,263 units in fiscal year 2011. Recovery Act funds will also be used to develop 3,859 units in fiscal year 2011. Additionally, Recovery Act Capital Funds will be used to provide improved energy performance actions in 33,648 units in fiscal year 2011. Fiscal Year 2012: No Current Data Available Housing Act of 1937, as amended; American Recovery and Reinvestment Act of 2009 (ARRA). Public Housing Agencies that own or operate Low Income Public Housing and are eligible to receive capital funding under Section 9 of the Act. Low-income public housing residents. PHAs shall prioritize capital projects that are already underway or already in their 5-year capital fund plans required by the Housing Act.

PHAs must submit an application in accordance with the Funding Notice. This program is excluded from coverage under OMB Circular No. A-87. PHAs consult with local government officials and PHA residents as they plan for activities to be included in the application for the funds. Environmental impact information is not required for this program. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. PHAs must submit an application in accordance with the Funding Notice. Funds will be awarded in accordance with the Funding Notice. Contact the headquarters or regional office, as appropriate, for application deadlines. These terms will be established in the Funding Notice. The appeals process will be established in the Funding Notice. Not Applicable. Not Applicable. The funds may be used for the development, financing and modernization of public housing developments and for management improvements. Public housing agencies shall give priority consideration to the rehabilitation of vacant rental units. Funds shall be obligated through competitive funding by September 30, 2009. Public housing authorities shall give priority to capital projects that can award contracts based on bids within 120 days from the date the funds are made available to the public housing authorities. Public housing agencies shall prioritize capital projects that are already underway or included in the 5-year capital fund plans required by the Act (42 U.S.C. 1437câ₏“1(a)). Funds provided under this heading shall serve to supplement and not supplant expenditures from other Federal, State, or local sources or funds independently generated by the grantees. The funds may not be used for luxury improvements, direct social services, costs funded by other programs, and ineligible activities as determined by HUD on a case-by-case basis. The funds may not be used for rental assistance activities. These funds may not be transferred to operations or used for operating activities. As required under the ARRA. Cash reports are not applicable. Progress reports are not applicable. Expenditure reports are not applicable. Performance monitoring is not applicable. This program is excluded from coverage under OMB Circular No. A-133. The CFP Stimulus is audited in conjunction with the regular HUD or independent public accountant audit of PHA operations. The PHA must maintain budgets and cumulative cost records for review by HUD and independent auditors, as applicable. This program has no statutory formula.
This program has no matching requirements.
This program does not have MOE requirements. Three years with the following restrictions: requires that CFP Stimulus funds allocated to a PHA be fully (100 percent) obligated within 1 year, 60 percent expended within 2 years and 100 percent expended within 3 years. See the following for information on how assistance is awarded/released: No information provided. See Regional Agency Offices. Inquiries should be addressed to the Public Housing Director who has jurisdiction over the PHA (See the Catalog, Appendix IV for HUD Field Office addresses). Jeffrey Riddel, 451 7th St. SW, Room 4130, Washington, District of Columbia 20410 Email: Jeffrey.Riddel@hud.gov Phone: (202) 708-1640. http://www.hud.gov/offices/pih/programs/ph/capfund/index.cfm 86-0305-0-1-604 - 86-0305 2009/2011 TAFS code. (Salaries) FY 09 $995,000,000; FY 10 $2,420,977; FY 11 $0 $7,500 - $22,196,000; Average $7,530,257. 24 CFR Part 905, as applicable.
Not Applicable.