Follow the steps to fill out the HUD 53001 with ease.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Enter the Public Housing Authority (PHA) name in the designated field. Ensure that the name is accurate to avoid any processing delays.
3. Input the Modernization Project Number. This should be the unique 13-digit number associated with the grant, matching other documents related to the project.
4. Complete Line 1A by entering the total amount of Modernization funds approved by HUD for the identified grant.
5. In Line 1B, input the total funds disbursed by HUD for the specific grant. Remember, this number should not exceed the amount from Line 1A.
6. For Line 1C, document the total funds actually expended (total cash disbursed) by the PHA. This should also not exceed the approval amount noted in Line 1A.
7. Calculate and enter the Amount to be Recaptured in Line 1D by subtracting the value in Line 1C from Line 1A.
8. Complete Line 1E by indicating the Excess of Funds Disbursed, which is calculated by subtracting Line 1C from Line 1B. If Line 1C exceeds Line 1B, indicate this in brackets.
9. Affirm that all modernization work related to the grant has been completed by selecting the appropriate options noted in the form.
10. Finalize your entries by providing the name and title of the Authorized Signatory, including their signature and the current date.
11. Once all fields are completed, you can save changes, download, print, or share the form as needed.

Complete your HUD 53001 form online today for a smooth submission process.