Public Housing Capital Fund Stimulus (formula) 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 will be used for capital and management activities, including modernization and development of public housing.

Deleted 10/11/2010 (Archived.) 14.885 Agency: Department of Housing and Urban Development Formula Grants Fiscal Year 2009: No Current Data Available Fiscal Year 2010: No Current Data Available Fiscal Year 2011: No Current Data Available Housing Act of 1937, as amended; American Recovery and Reinvestment Act of 2009 (ARRA). . . PHAs shall prioritize capital projects that are already underway or already in their 5-year capital fund plans required by the Housing Act of 1937. PHAs must submit the following documents: ACC amendment form HUD-52840-A. 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 CFP. 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. To be determined. Not Applicable. Not Applicable. Not Applicable. Not Applicable. Not Applicable. The funds may be used for the development, financing and modernization of public housing developments and for management improvements. Funds shall be obligated to public housing agencies within 30 days of enactment of the American Recovery and Reinvestment Act of 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 give priority consideration to the rehabilitation of vacant rental units. 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). Any restriction of funding to replacement housing uses shall be inapplicable. Funds provided shall supplement and not supplant expenditures from other Federal, State, or local sources or funds independently generated by the grantee. 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. The funds may not be transferred to operations or used for operating activities. PHAs should give priority to capital projects that can award contracts (based on bids) within 120 days and priority consideration to the rehabilitation of vacant rental units. As required by 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 (Formula) 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: public housing agencies shall obligate 100 percent of the funds within 1 year of the date on which funds become available to the agency for obligation, shall expend at least 60 percent of funds within 2 years of the date on which funds become available to the agency for obligation, and shall expend 100 percent of the funds within 3 years of such date. 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). Assistant Secretary for Public and Indian Housing Assistant Secretary for Public and Indian Housing, Washington, District of Columbia 20410 Email: POC@DHS.gov Phone: (202) 708-0950 http://www.hud.gov/offices/pih/programs/ph/capfund/index.cfm. 86-0305-0-1-604 - 86-0305 2009/2011. (Salaries) FY 08 $0; FY 09 est $3,000,000,000; FY 10 est $0 Grants range from $9,187 to $423,284,344 with average grant amount being $952,456. 24 CFR Part 905, as applicable.
Not Applicable.