The Annual Statement/Performance and Evaluation Report from the U.S. Department of Housing and Urban Development (HUD) outlines the requirements for Public Housing Agencies (PHAs) participating in the Capital Fund Program (CFP). The report aims to verify the eligibility and reasonableness of grant expenditures and includes sections for original and revised annual statements, performance summaries, and financial details such as obligated and expended funds. Important elements of the report include the categorization of costs by account type, compliance with reporting standards, and the certification of accuracy by the PHA's executive director. Additionally, the report emphasizes the importance of adhering to federal regulations regarding obligations and expenditures, especially in cases of disaster or emergency reserve allocations. The provided forms facilitate tracking grant usage and ensure accountability to federal guidelines, particularly concerning grants designated for operations, management improvements, and general capital activities. The structure of the file includes multiple parts dedicated to summary reporting, supporting pages for detailed costs, and implementation schedules, all of which support HUD's commitment to transparent funding administration and efficient public housing development.
The document outlines the requirements for applicants seeking federal assistance under the U.S. Department of Housing and Urban Development (HUD) concerning projects within designated Promise Zones. It emphasizes the need for applicants to certify their proposed activities are aligned with the Promise Zones initiative, which aims to enhance community well-being and development. The application process involves providing information about the project, including its geographic relevance to the Promise Zone and maintaining ongoing consultations with the Promise Zone designee. Additionally, the document underscores the importance of accurate and true information through a certification statement, warning about civil and criminal penalties for false claims. The information collected is essential for HUD to fulfill its responsibilities and ensure accountability in grant processes. Notably, all submitted data is subject to public disclosure as per the Freedom of Information Act. The form specifies the required details for applicants, including their name, the program they are applying to, and the community’s name, ensuring clarity in the application process. The overarching purpose is to facilitate effective funding distribution in alignment with the goals of the Promise Zones, promoting socioeconomic advancements within these communities.