The
PIH Office of Capital Improvements administers the Capital Fund. The Capital Fund
provides funds, annually, to Public Housing Agencies (PHAs) for the development,
financing, and modernization of public housing developments and for management
improvements. The funds may not be used for luxury improvements, direct social
services, cost funded by other HUD programs, and ineligible activities as determined
by HUD on a case-by-case basis. Learn more about us ...
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Highlights
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Capital Fund Data Certification Schedule –
Deadline: February 20, 2009 Pursuant to PIH
Notice 2008-46, the deadline for submitting Capital Fund data certifications
in the Public Housing Information Center (PIC)/Inventory Management System is
Friday, February 20, 2009. |
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PHAS High Performer
list for 2009 Capital Fund Calculation and HOPE VI Replacement Unit Counts
The Department is making preparations for calculating the Capital Fund formula
for 2009. As a part of the calculation the Department is using PHAS designations
for Federal Fiscal Year 2007 to determine which PHAs will receive the high performer
bonus for the 2009 formula calculation. (Note: for PHAs with fiscal years ends
of 12/31/06 the 2006 PHAS score is used; for PHAs with fiscal year ends of 3/31/07,
6/30/07 and 9/30/07 the 2007 PHAS score is used). PHAs can validate whether they
are on the High Performer list that will be the basis for the formula calculation
by reviewing the linked High Performer list for 2009
Capital Fund Calculation spreadsheet. (MS-Excel, 199 KB) The spreadsheet lists
only PHAs that are designated as high performers (it lists the Housing Authority
Code, the Housing Authority Name and the City/State of the housing authority).
In
addition, for PHAs that have HOPE VI Revitalization grants the number of public
housing units that a PHA is planning to replace as part of its HOPE VI grant affects
the number of removed units that are eligible for Replacement Housing Factor funds.
PHAs can validate whether the count is correct by reviewing the linked HOPE
VI replacement unit counts spreadsheet. (MS-Excel)
If a PHA believes
there is an error in either list, it must submit an e-mail explaining the error
to PIHOCI@hud.gov
no later than February 20th, 2009. |
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