Orange County NC Website
Browse       Search
1.1. <br />O <br />3 <br />ACC Part I Numbers A- 2903 -- E <br />U.89 DEPARTMOT OP HOUSING AND URBAN DRIMLOPMBNT <br />SECTION 8 RUSTING <br />CONSOLIDATED ANNUAL. CONTRIBUTIONS CONTRACT <br />PART I <br />for <br />HOUSING CffitT*FICATg PROGRAM <br />A. ACC. <br />As used in Part I of this CACC, 'ACCO means the Annual <br />Contributions Contract for each project. <br />As used in Part II of this CACC, 'ACC• means the CACC. <br />B. Budget Authorit . 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 HIID from amounts <br />authorized and appropriated by the Congress. pxhl it XI lists <br />budget authority for projects funded with amounts appropriated in <br />Federal Fiscal Year 1988 and latex 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 I <br />(subject to reduction in accordance with section 1.6.D and section <br />2.3 of this CACC). <br />Z. 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. y <br />LKs <br />ACC Part Is Page 1 of 6 pages i <br />HUD 52520 B (August 1988) <br />