2020 CAPITAL FUND PROCESSING INFORMATION

Highlights

The 2020 Capital Fund Program Grant Awards  

**NOTE: This file may open in a Protected View. In this case, you will see a banner at the top of the page with button to click to "Enable Editing" and you will need to select "Enable Editing" in order to retrieve your ACCs.**

ENTER PHA CODE:  Select the yellow highlighted cell containing the text "Type PHA Code Here."  Type your 5 digit PHA Code in the cell.  Click the Enter key.  Once you do so, the cell will no longer appear yellow and highlighted.

Once you have entered your PHA Code, information will automatically appear for the following:

  • Formal PHA Name
  • Grant Amount
  • Grant Number

Review the entire form, including the information displayed for PHA Code, Formal PHA Name, Grant Amount, and Grant Number. 

Print 3 ACC Amendments for each grant.

Fill in the remaining information on the form, including marking either "Yes" or "No" in paragraph 9.

Complete the signature portion at the bottom right.  The PHA Executive Director or his/her designee must sign and date all three ACC Amendments.

Three ACC Amendments for each grant are to be mailed to the local HUD Field Office.  See the 2020 Capital Fund Program Timeline for the submission deadline

Capital Fund Calculation Process

"Faircloth Limit" Unit Counts - Section 9(g)(3) of the United States Housing Act of 1937 ("Faircloth Amendment") limits the construction of new public housing units. The Faircloth Amendment states that the Department cannot fund the construction or operation of new public housing units with Capital or Operating Funds if the construction of those units would result in a net increase in the number of units the PHA owned, assisted or operated as of October 1, 1999. This requirement is referred to as the ā€œFaircloth Limit.ā€ The Faircloth Limit is adjusted for PHA transfers of ACC units, consolidations, and RAD removals. PHAs will not be funded for those units that exceed the Faircloth limit, and PHAs are responsible for reviewing the Faircloth limits and notifying HUD if they believe their posted Faircloth Limit is in error.  PHAs should review the linked National List of Maximum Number of Units Eligible for Capital Funding and Operating Subsidy by PHA (PDF) and notify HUD (by 12/2/2019) if they believe their posted Faircloth Limit is in error. To notify HUD of a possible error in the posted Faircloth Limit, PHAs should send an email to PIHOCI@hud.gov with ā€œFaircloth Limit Correction forā€¦ā€ and the PHA code in the subject line.  Again, the deadline for sending an email identifying a potential is error is 12/2/2019.

PHAS High Performer List for Federal Fiscal Year (FFY) 2020 Capital Fund Formula Grant Calculations: The Department is making preparations for calculating the Capital Fund Formula for FFY 2020.  As part of the calculation, the Department is using the FFY 2018 PHAS designations to determine which PHAs will receive the High Performer bonus for the 2020 formula calculation.  PHAs are responsible for validating whether they are on the High Performer List that will be the basis for the formula calculation by reviewing the linked High Performer List spreadsheet (MS-Excel).  The spreadsheet lists PHAs that are designated as High Performers. Also included in the spreadsheet are the Housing Authority Code, the Housing Authority Name, the Component Scores, and the Fiscal Year End that corresponds to the High Performer ranking.* A second spreadsheet lists PHAs whose High Performer status is pending and subject to change (MS-Excel). Please check both spreadsheets carefully.  If a PHA believes there is an error in the calculation of their PHAS score for FFY 2018, it must send an e-mail explaining the error to the Real Estate Assessment Center (REAC) at PHAS@hud.gov no later than 12/2/2019. Without exception, if the PHA does not contact the REAC by 12/2/2019, the Office of Capital Improvements will use the High Performers in the published list in the FFY 2020 Capital Fund Formula.

*FFY 2018 corresponds to the following fiscal year end quarters: 12/31/2017, 3/31/2018, 6/30/2018 and 9/30/2018.

Capital Fund Certification Schedule for 2020:  In preparation for the calculation of FY 2020 Capital Fund grant awards, the annual PIC Certification process will run from July 15 through August 30, 2019. The ā€œreporting dateā€ for this round of certifications is June 30, 2019.
During the certification period, PHA Executive Directors certify to the accuracy of the PHAā€™s inventory information in the PIC system as of the reporting date of June 30th. This process is critical to ensuring the accurate calculation of grant awards.
For further information, please refer to the UPDATED Step-by-Step User Guide (PDF).
Schedule:
Reporting Date:            6/30/2019
Certification Open:       7/15/2019
Certification Deadline:  8/30/2019

 

HUDPIH-51639140-239    Updated 10/22/2020