Orange County NC Website
Browse       Search
Acc Part I Numbers A- 2903- x <br />U.S. DEpARTHMM OF HOUSING AND URBAN DEVMOPMENT <br />SECTION 8 EXISTING <br />CONSOLIDATED AMM& CONTRIBUTIONS CONTRACT <br />PART I <br />for <br />HOUSING C RTIRICATE PROGRAM <br />1.1. DEFINITIONS. <br />a. ACC. <br />As used in kart X of this cACC, -ACC' means the Annual <br />Contributions contract for each project. <br />As used in Part XI of this CBCC, 'Accu means the CACC. <br />�. Bud et Authority. The maximum aggregate amount which may be <br />paid by HUD for each project in the Program over the duration of <br />the CACC. Budget Authority is reserved by HUD from amounts <br />authorized and appropriated by the congress. (Exhibit II lists <br />budget authority for projects funded with amounts appropriated in <br />Federal fiscal Year 1988 and later years.) <br />C. CACC. consolidated Annual Contributions Contract. <br />D. Contract Authority. The amount of contract authority for each <br />project is listed in Exhibit I or Exhibit II of this CACC Part X <br />(subject to reduction in accordance with section 1.4.D and section <br />2.3 of this CACC). <br />E. cost Amendment. An amendment to the CACC which provides <br />additional contract or budget authority to cover increased Program <br />Expenditures to maintain the Program at the number of units <br />originally approved by HUD. <br />F. Fiscal Year. The PHA Fiscal Year. <br />ACC Part is Page 1 of 6 pages <br />HUD 52520 B (august 1988) <br />