Directive Number: DEV.INC
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Increase Development Grant          U.S. Department of Housing
Amendment to Consolidated           and Urban Development
Annual Contributions Contract       Office of Public and Indian
                                    Housing


1.  Project Number:                         .

2.  Amendment to Annual Contributions Contract (ACC) Number:
                   , dated:                            .

3.  The ACC is amended to provide a grant of additional funds for
the development of the project.  This amendment is part of the
ACC.  Under ACC Amendment Number                      , HUD agreed
to provide loans and annual contributions for a project with a
Maximum Total Development Cost of: $                     , which
is insufficient for completion of the project.

4.  The following provisions shall be applicable to the provision
of a grant for additional funds for the project:

     (a)  Date of Development Grant Amendment Reservation:
                                       .

     (b)  Development Method and Housing Type:

     (c)  Prior Number of Units:

     (d)  New Number of Units:

     (e)  Prior Maximum Total Development Cost:

          $                            .

     (f)  Development Grant Amendment Authority:

          $                             .

     (g)  New Maximum Total Development Cost:

          $                             .

5.  The new Maximum Total Development Cost of the project is set
forth in Section 4(g) of this amendment.  The HA shall complete
the development of the project within the approved Development
Cost Budget and in no event in excess of the stated New Maximum
Total Development Cost for the project.

6.  Subject to the provisions of this ACC, and in order to assist
the development of the project, HUD agrees to disburse to the HA,
from time to time as needed, up to the amount of the Maximum Grant
Commitment.  The Maximum Grant Commitment shall be equal to the
difference between the Prior Maximum Total Development Cost and
the New Maximum Total Development Cost, as stated in
Section 4 of this amendment, or the difference between the Prior
Maximum Total Development Cost and the approved Actual Development
Cost of the project.

7.  After inclusion in an audit and HUD approval of the Actual
Development Cost Certificate, a copy of the Actual Development
Cost Certificate shall be attached to this amendment and shall be
deemed to further amend the ACC, where necessary, to reduce the
amount of grant authority for the project to an amount equal to
the difference between the Prior Maximum Total Development Cost
and the approved Actual Development Cost for the project.  In no
case shall the approved Actual Development Cost Certificate amount
exceed the New Maximum Total Development Cost stated in Section
4(g) of this amendment.

8.  The HA shall continue to operate the Development Grant Project
as low income housing in compliance with this ACC, the Act, and
all HUD regulations and requirements, as such authorities now
exist, or as they may be amended from time to time, for a period
of forty years (or such other period of time required by law)
beginning on the Date of Full Availability (i.e., the last day of
the month in which substantially all dwelling units in the project
are available for occupancy following the completion of the work
and authorized acceptance by the PHA) of the Development Grant
Project.

9.  If the HA does not comply with its obligation(s) under this
amendment, HUD may direct the HA to terminate all further
development activities.  In such case, the HA shall only incur
additional costs with HUD approval.

10.  The HA shall execute and file for record a Declaration of
Trust, as provided under Part A, Section 8, of the ACC to protect
the rights and interests of HUD throughout the forty-year period
(or other period required by law) during which the HA is obligated
to operate the Development Grant Project in accordance with the
ACC, the Act and HUD regulations and requirements.
The parties have caused this amendment to be effective as of the
date of execution on behalf of the United States, as stated below.

                            Public Housing Agency:

(Seal)

Attest:                       By (Chairperson):

                              Date:



                              United States of America
                              Secretary of Housing and Urban
                              Development


                              By:

                                                (Official Title)

                              Date:

                                         HUD-53010-E (5/96)