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Capital Fund Guidebook - HUD

Department of Housing and Urban Development Office of Public and Indian HousingCapital fund Guidebook4/1/16 ii | 4/1 Department of Housing and Urban Development Office of Public and Indian HousingCapital fund Guidebook 4/1/16 | iiiTable of ContentsChapter 1 Background and Introduction .. General Overview.. Types of Capital Funds Grants .. History of the Public Housing Program ..3 Exhibit Example Opinion Regarding Declaration of Trust ..6 Chapter 2 Eligible Activities and Cost Limits .. Eligible Activities Overview .. Development .. Financing.. Modernization and Physical Work .. Soft Costs.. Safety and Security.. Other Costs.. Ineligible Activities.. Cost and Other Limitations..21 Chapter 3 Planning, Annual Submission, and Distribution of Funds .. Overview..26 Capital fund Program (CFP) Annual Formula Grant Process.

Eligible Capital Fund activities are further described in this guidebook. Regulations on Capital Funds are at 24 Code of Federal Regulation (CFR) part 905. Congress provides Capital Funds through annual appropriations. In order to receive a CFP grant, a PHA must …

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