Instructions For Completing The Designation Of Community Housing Development Organizations (Chdo), Home Program Cash And Management Information System Form Hud-40098 printable pdf download

Public reporting burden for this collection of information is estimated to average 6 minutes per response, including the time for reviewing instructions,

searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency

may not conduct or sponsor, and a person is not required to respond to, a collection of information unless that collecton displays a valid OMB control

number.

The HOME statute imposes a significant number of data collection and reporting requirements. This includes information on assisted properties, on the

owners or tenants of the properties, and on other programmatic areas. The information will be used: 1) to assist HOME participants in managing their

programs; 2) to track performance of participants in meeting fund commitment and expenditure deadlines; 3) to permit HUD to determine whether each

participant meets the HOME statutory income targeting and affordability requirements; and 4) to permit HUD to determine compliance with other statutory

and regulatory program requirements. This data collection is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act or related

authorities. Access to Federal grant funds is contingent on the reporting of certain project-specific data elements. Records of information collected will

be maintained by the recipients of the assistance. Information on activities and expenditures of grant funds is public information and is generally available

for disclosure. Recipients are responsible for ensuring confidentiality when public disclosure is not required.

Instructions for Completing the Designation of Community Housing Development Organizations (CHDO), HOME Program Cash and

Management Information System, form HUD-40098.

Read the instructions for each item before completing the form. Use

CHDO Tax Identification Number.

Enter the Tax (Employer)

a typewriter or print carefully with a ball point pen. Prepare an original

Identification Number for each CHDO receiving a reservation (allo-

and one copy. Be sure that the form has been approved by an

cation) of HOME Program funds.

authorized official and notarized, as required, at the bottom of page

Name and Telephone Number of CHDO Contact Person: Provide

one. Mail the original to HOME Program, P.O. Box 23997, L’Enfant

the name and telephone number of the person to contact for further

Plaza Station, Washington, DC 20026. Retain the copy.

information.

Applicability. The Designation of Community Housing Develop-

Amount of Funds Allocated to CHDO.

ment Organizations (CHDO), form HUD-40098, must be completed

by participating jurisdictions or State recipients to reserve funds for

Total Allocation. In the “Previous Allocation” column, enter the total

CHDOs for housing to be developed, sponsored, or owned by

amount of funds that have been previously reserved (allocated) for

CHDOs.

This form is also for increasing or decreasing funds

the CHDO for this fiscal year source of funds. If this is the initial

previously reserved for CHDOs. This form is to include funds from

reservation (allocation) for the CHDO for the fiscal year, the amount

one fiscal year only. If a State or local participating jurisdiction or

in the “Previous Allocation” column will be “0”. In the “This Action”

State recipient wishes to provide funds to a CHDO from more than

column, enter the total amount of funds being reserved for (+) or

one fiscal year source of funds (e.g., 1992 and 1993), a separate

taken from (-) the CHDO’s allocation by this action. In the “Revised

form must be used for each fiscal year source of funds.

Allocation” column, enter the amount of funds for this fiscal year

source of funds allocated to the CHDO after this action (previous

Name and Address of Participating Jurisdiction/State Recipi-

allocation plus or minus this action).

ent. Enter the name and address of the participating jurisdiction/

State recipient.

Regular Funds. Of the amount of funds indicated on the “Total

Allocation” line, enter the amount of funds that are regular funds (any

Type of Submission. Mark appropriate box. Mark box for “original

funds except for CHDO reallocation funds -- see below). If this is the

submission” if this is the first HUD-40098 for this fiscal year’s source

initial reservation for the CHDO for the fiscal year, the amount in the

of funds; mark box for “duplicate” if the form is another copy of a HUD-

“Previous Allocation” column will be “0.” In the “This Action” column,

40098 previously submitted; mark box for “revision” if the form is

enter the amount of funds, if any, that are being reserved for (+) or

revising what was previously submitted for this fiscal year source of

taken from (-) the CHDO’s allocation by this action that are regular

funds, or if additional CHDOs are added.

funds. In the “Revised Allocation” column, enter the amount of

Participant Number. Enter the participating jurisdiction’s partici-

regular funds reserved for the CHDO for this fiscal year source of

pant number assigned by HUD in Block 2 of the HOME Investment

funds after this action (previous allocation plus or minus this action).

Partnership Agreement (HUD-40093). State recipients must enter

CHDO Reallocation. Of the amount of funds indicated on the “Total

the participant number assigned to the recipient by the State on the

Allocation” line, enter the amount of funds, if any, that are CHDO

State Designation of State Recipients, form HUD-40100.

reallocation funds. CHDO reallocation funds are funds that are

Participant Tax Identification Number. Enter the Tax (Employer)

available from funds that have been deobligated from participating

Identification Number shown in block 3 of the Funding Approval and

jurisdictions which had not reserved at least 15 percent of their

HOME Investment Partnership Agreement, form HUD-40093, for the

allocation for CHDOs within 24 months of receiving their allocation.

participating jurisdiction, or on the State Designation of State Recipi-

If this is the CHDO’s initial allocation for the fiscal year, the amount

ents, form HUD-40100, for a State recipient.

in the “Previous Allocation” column will be “0”. In the “This Action”

column, enter the amount of funds, if any, that are being reserved for

Name and Address of CHDO. Enter the name and address of each

(+) or taken from (-) the CHDO’s allocation by this action that are

CHDO for which HOME Program funds are being reserved (or taken

CHDO reallocation funds. In the “Revised Allocation” column, enter

away) by the participating jurisdiction or State recipient.

the amount of CHDO reallocation funds reserved for the CHDO after

this action for this fiscal year source of funds (previous allocation plus

CHDO Number. Enter the number assigned to the CHDO by the

or minus this action).

participating jurisdiction or State recipient.

(See instructions in

Attachment E of CPD Notice 92-18 (or its successor), Cash and

Management Information System for the HOME Program.)

form HUD-40098 (6/93)

Previous edition is obsolete

Instructions For Completing The Designation Of Community Housing Development Organizations (Chdo), Home Program Cash And Management Information System Form Hud-40098

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