Housing-Related Hazards and Lead-Based Paint Capital Fund Program

The document, OMB Number 2501-0044, titled "Indirect Cost Information for Award Applicant/Recipient," is a standardized form used by federal grant applicants and recipients, particularly those dealing with HUD. It facilitates the submission of indirect cost rate information to the federal government. The form requires applicants to declare how they will handle indirect costs: either by not charging them, by applying a de minimis rate as per 2 CFR 200.414(f), or by using an approved indirect cost rate. If an indirect cost rate is used, details such as the agency/department, rate percentage, type of direct cost base, and rate type (e.g., predetermined, final) must be provided. The form also asks for the federal program title, the legal name of the applicant/recipient, and whether the submission is initial or an update, along with effective dates. A crucial component is the certification by an authorized representative, affirming the accuracy of the information and committing to provide updates. This certification includes a warning about penalties for false statements. The document also includes instructions for completing each section, clarifying how to report different indirect cost methods like the Simplified Allocation Method or Multiple Allocation Base Method. It emphasizes compliance with 2 CFR part 200, subpart E, for indirect cost requirements. The collection of this information is authorized under the Department of Housing and Urban Development Reform Act of 1989 to ensure accountability and integrity in HUD assistance programs.

The Indirect Cost Information for Award Applicant/Recipient form (OMB Number 2501-0044) is a crucial document for federal grant and assistance programs, ensuring transparency and accountability in how applicants and recipients manage indirect costs. This form, valid until February 28, 2027, requires applicants to specify their indirect cost recovery method: either not charging indirect costs, using a de minimis rate (2 CFR 200.414(f)), or applying approved indirect cost rates with detailed information on the direct cost base and rate type. The instructions clarify how to complete each section, including providing program titles, legal names, and specific details for various indirect cost calculation methods, such as the Simplified Allocation Method or Multiple Allocation Base Method. The form also mandates a certification from an authorized representative, affirming the accuracy of the information and the commitment to provide updates. This certification includes a warning about penalties for submitting false claims. Administered by the U.S. Department of Housing and Urban Development (HUD), the collection of this information is authorized under Section 102 of the HUD Reform Act of 1989 to ensure accountability and integrity in assistance programs. Failure to provide the required information may result in processing delays and potential penalties, and the information collected is not confidential.

The Indirect Cost Information for Award Applicant/Recipient form (OMB Number 2501-0044, expires 2/28/2027) is a crucial document for federal grant and assistance programs. It requires applicants/recipients to provide details on how they will handle indirect costs. Options include not charging indirect costs, using a de minimis rate (2 CFR 200.414(f)), or applying approved indirect cost rates with specific direct cost bases and rate types. The form necessitates indicating the federal program title, legal name of the entity, and whether the submission is initial or an update. A certification from an authorized representative is mandatory, affirming the accuracy of the information and agreement to update HUD on any changes. The form explicitly warns against submitting false claims, outlining potential criminal and civil penalties. This document ensures accountability and integrity in the provision of HUD-administered assistance, as authorized by the Department of Housing and Urban Development Reform Act of 1989.

The document, OMB Number 2501-0044, titled "Indirect Cost Information for Award Applicant/Recipient," is a standardized form used in federal grant and assistance programs. Its primary purpose is to collect essential information regarding how applicants and recipients will manage and charge indirect costs under an award from the Department of Housing and Urban Development (HUD). The form requires applicants to specify whether they will not charge indirect costs, use a de minimis rate (2 CFR 200.414(f)), or apply approved indirect cost rates. If using approved rates, a table must be completed detailing the agency/department/major function, indirect cost rate, type of direct cost base, and type of rate. The form also includes sections for submission type (initial or update), effective dates, and a mandatory certification by an authorized representative, which includes a perjury warning. Instructions accompany the form, providing detailed guidance for each section, emphasizing adherence to 2 CFR part 200 for indirect cost requirements. This form ensures transparency and accountability in the financial management of federal awards, with penalties for false statements and implications for application processing if information is incomplete.