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2. Limit on Total Payments for Program. The sum of HUD <br /> payments under section 1.4.B for the Program over the <br /> duration of the CACC (including any payments from the <br /> CACC reserve account as provided in section 1.4.E) shall <br /> not be more than the sum of the budget authority amounts <br /> reserved by HUD for the projects in the Program from <br /> amounts authorized and appropriated by the Congress. <br /> D. Reduction of Amount Payable. HUD may reduce the amount <br /> payable by HUD for any project or for the Program, and may <br /> reduce the amount of the contract authority or budget authority <br /> for any project, by giving the PHA written notice of reduction in <br /> accordance with section 2.3 of this CACC. The notice by HUD <br /> may include a revision of Exhibits I or it to state the reduction in <br /> the amount of contract authority or budget authority for a project. <br /> E. CACC Reserve Account. A CACC reserve account shall be <br /> established and maintained by HUD, in an amount as determined by <br /> HUD consistent with its responsibilities under section 8(c)(6) of the <br /> V.S. Housing Act of 1937. The CACC reserve account may be used <br /> by HUD for payment of any portion of the payment approved by <br /> HUD under section 1.4.8 for the Fiscal Year. <br /> F. Separate ACC. HUD's commitment to make payments for each <br /> project listed in Exhibit 11 shall constitute a separate ACC. <br /> 1.5 CACC. <br /> A. The CACC consists of this CACC Part 1 (including Exhibits l and <br /> 11) and the form ACC Part 11 prescribed by HUD for the Housing <br /> Certificate Program and Housing Voucher Program, designated as <br /> form HUD 52520 E, and dated June 1985. These documents <br /> constitute the whole CACC for the Program. <br /> ACC Part 1: Page 5 of 6 pages <br /> HUD 52520 B (August i968) <br />