The document outlines instructions for completing the HUD-424-CBW form, which is essential for submitting a detailed budget proposal for programs funded by federal grants. It clarifies sections covering direct labor, fringe benefits, travel expenses, equipment, supplies, consultants, contracts, construction costs, and other direct costs. Each section calls for explicit cost reporting, including estimates for transportation, per diem allowances, and procurement of both consumable and non-consumable materials. The form requires the listing of contractors and subgrantees, with guidelines for when to provide detailed budgets for those receiving significant funding. It emphasizes the exclusion of indirect costs related to regular government operations from total estimated costs, while also detailing acceptable indirect cost calculations. The document is a critical resource to ensure compliance and accurate financial reporting in federal grants applications, integrating the necessary components for reviewers to assess funding proposals effectively.
The document outlines the HUD-424-CBW Grant Application Detailed Budget Worksheet, a required form for federal grant applicants. It specifies the structure for detailing the budget across various categories including personnel, fringe benefits, travel, equipment, supplies, consultants, contracts, construction costs, and other direct costs for the proposed grant period. The form aids in presenting a comprehensive budget by requiring detailed descriptions and estimated costs for each category, segregating funding sources such as HUD share, state share, and local contributions. Additionally, it emphasizes listing both direct and indirect costs associated with the program, ensuring clear tracking of financial allocation. The attention to detail and structured format ensure that applicants provide a complete overview of their financial needs, critical for securing funds under federal and state RFPs and grants. Overall, the HUD-424-CBW serves as a crucial tool for applicants to organize and justify their budget in alignment with program requirements.