Get Actual Modernization Cost Certificate - Hud

The Actual Modernization Cost Certificate is a vital document necessary for submitting information to the U.S. Department of Housing and Urban Development. This guide provides clear, step-by-step instructions for filling out this form online to facilitate the fiscal closeout process for modernization grants.

Follow the steps to successfully complete the Actual Modernization Cost Certificate - Hud online.

1. Use the ‘Get Form’ button to access the Actual Modernization Cost Certificate and open it in your editing tool.
2. Begin by entering the Housing Authority (HA) name in the designated field at the top of the form.
3. Next, input the unique 13-digit Modernization Project Number associated with the grant. Ensure this number matches what's listed on your previous HUD forms.
4. Proceed to line 1A and enter the total Modernization funds originally approved by HUD for your grant.
5. On line 1B, document the total funds disbursed by HUD for this specific grant.
6. For line 1C, input the total amount of funds that have been expended by the Housing Authority (HA). Ensure that this figure does not exceed the amount in line 1A.
7. Calculate the amount to be recaptured by subtracting line 1C from line 1A, and record this value on line 1D.
8. On line 1E, determine the excess of funds disbursed by subtracting line 1C from line 1B. If line 1C exceeds line 1B, place the amount in brackets to indicate funds owed to HUD.
9. Confirm that all modernization work has been completed. In the certification section, assert that the information provided is true and accurate.
10. Lastly, obtain the signature of the Executive Director and include the date, as this certifies the information submitted.
11. Once completed, you can save your changes, download a copy for your records, print the form, or share it as required.

Complete your form online today and ensure all documentation is accurate for submission!