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Consolidated t U.S. Departmont of Housing �_ <br /> and Urban Devetopment t1t� <br /> Annual Contributions Contract Ofte of Hous" 'r <br /> Housing Voucher Program <br /> ACC P —fi—'— — —v' CONTRACT NO. A-2903—V <br /> Number. ffTfff <br /> 1.1. Definition& <br /> be entered subsequently by HUD,upon written notice by HUD <br /> A. ACC. As used in Part I of this CACC, "ACC" means the to the PHA. <br /> Annual Contributions Contract for each project. As used in E. HUD may revise Exhibit I or Exhibit I1 at any time, upon <br /> Part 11 of this CACC,"ACC"means the CACC. written notice by HUD to the PHA, to rt:move a project for <br /> B. CACC. Consolidated Annual Contributions Contract which the ACC term has expired. <br /> C. Contract Authority. The amount of contract authority for F. The initial ACC term for any project may be extended by <br /> each project is listed in Exhibit I or Exhibit 11 of this CACC written agreement of the PHA and HUD. <br /> Part I (subject to reduction in accordance with section 1.4.1) <br /> and section 2.3 of this CACC). <br /> 1.4. Annual Contribution. <br /> D. Fiscal Year. The PHA Fiscal Year. <br /> A. Payment. HLU shall pay the PHA annual contributions for <br /> E. HUD. U.S. lrpartrrtent of Housing and Urban Development. the Program in accordance with HUD regulations grad <br /> F. PHA. Public Housing Agency. requirements. <br /> G. Program. The PHA's Housing Voucher Program under the B. Amount and Purpose of HUD Payments. <br /> CACC. 1. The annual contribution for the Program during a Fiscal <br /> H. Program Expenditures Amounts which may be charged Year shall be the sum of the amounts paid for each of the <br /> against Program Receipts in accordance with the CACC and projects in the program. The HUD annual contribution for the <br /> HUD requirements Program shall be the amount approved by HLD for each Fiscal <br /> Year to cover. <br /> I. Program Receipts. Amounts paid by HUD to the PHA for the a. The amount of housing assistance payments by the <br /> Housing%'oucher Program,and any other amounts received by PHA. <br /> ft PHA in connection with the Program. b. The amount of PHA fees for Program <br /> administration. <br /> J. Pro*L A funding increment for the Program. 2. The amount of the HUD annual contribution may be <br /> reduced, as determined by HUD,by the amount of Program <br /> Receipts(such as interest income)other than the HUD annual <br /> 1.2. Housing Voucher Program. contribution. <br /> A. Projects in Program. The-projects in the program are listed in C. Maximum Payments for Program. <br /> Extubit I and Exhibit 11 of this CACC Pan I. (List all new 1. Annual Limit on Payments for Program. Except for <br /> projects in CACC Exhibit B.) payments front; the CACC reserve account as provided in <br /> B. PHA Fiscal Year. The Fiscal Year for the Proeram shall be section 1.4.E of this CACC,the HUD annual contribution for a <br /> the 12-month period ending June 30" of project under sec tion 1.4.13 during the Focal Year shall m be <br /> each calendar year. (Insert the day and month used as the more than the contract authority for the pro*L The amount of <br /> Racal Year endng date for other section 8 assistance contract authority reserved for each project in the Program is <br /> adminigtaed by the PHA under an ACC with HUD.) stated in Exhibit I and D of this CACC Part I (subject to <br /> reduction in accordance with section 1.4.1)and section 2-3 of <br /> this CACC). <br /> 1.3. Term. 2. Limit on Total Payments for Project During CACC <br /> Term. The total of HUD payments under section 1.4.13 for a <br /> A. The initial term of the ACC for each project shall be a term of project over t.`.e term of the CACC for the project (:ncludirrg <br /> five years beginning on the effective date of the ACC for the any payment; from the CACC reserve account as provided in <br /> project- section ).4.E. but not including any payments under section <br /> B. The rs.st date and last date of the ACC term for each project is 1.4.17 shall r:-.t< more than five times the contract 3:xWiiry <br /> stated in Exhibit I or Exhibit 11. for the protut. <br /> C. The first date of the ACC term for the project shall be a date as D. Reduction orA mount Payable. HUD may reduce the arnotatt <br /> determined by HUD. payable by HUD for any project or for the program,and may <br /> reduce the amount of the contract authority for any project.by <br /> D. If the fast a last date of the ACC rum for the project is not giving the PHA written notice of reduction in accordance with <br /> entered before the CACC is signed by the PHA,the date may section 2.3 of this CACC. The notice by HUD may include.a <br /> page t of 4 pages form HUD•5252 0•D <br /> ref hardbooks <br />