Annual Performance Report for HOME Program
This file serves as the Annual Performance Report for the HOME Program, mandated by the U.S. Department of Housing and Urban Development. It contains essential guidelines for participants to report financial data and other vital information. The report aims to facilitate compliance and improve the overall management of the HOME Program.
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How do I fill this out?
To fill out the HOME Program Annual Report, begin by gathering all necessary information related to your funding and program activities. Ensure you understand each section as outlined in the instructions provided. Carefully enter data for the reporting period and ensure accuracy before submission.
How to fill out the Annual Performance Report for HOME Program?
1
Gather required information regarding funding and activities.
2
Understand the structure of each section of the report.
3
Enter the reporting period and complete each subsection accurately.
4
Review all entries for correctness.
5
Submit the report by the required deadline.
Who needs the Annual Performance Report for HOME Program?
1
Housing authorities that need to report program results.
2
Non-profit organizations managing HOME-funded projects.
3
Government agencies tracking compliance with housing assistance programs.
4
Stakeholders interested in assessing the performance of the HOME Program.
5
Participants needing to manage program income and expenditures.
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What are the instructions for submitting this form?
To submit the form, ensure all required sections are completed accurately. Send one copy to your designated HUD Field Office and retain a copy for your records. For inquiries, reach out via email or phone to your local HUD office for any assistance needed in the submission process.
What are the important dates for this form in 2024 and 2025?
Important dates for the HOME Program Annual Performance Report include the reporting period from October 1 to September 30, and the submission deadline of December 31 each year. Ensure timely submissions for compliance and eligibility for further funding.
What is the purpose of this form?
The purpose of the HOME Program Annual Performance Report is to ensure compliance with federal regulations while providing a comprehensive overview of program activities and financial information. This report is essential for tracking the performance of each participant in meeting funding commitments and income targeting requirements. By collecting this data, the U.S. Department of Housing and Urban Development (HUD) can evaluate program effectiveness and allocate resources accordingly.
Tell me about this form and its components and fields line-by-line.
- 1. Participant Identification: Includes details like participant number, name, and contact information.
- 2. Program Income: Requires reporting of program income amounts for the reporting period.
- 3. Minority Business Enterprises (MBE) and Women Business Enterprises (WBE): Details contracts related to MBE and WBE during the reporting period.
- 4. Minority Owners of Rental Property: Reports number of rental property owners and their funding amounts.
- 5. Relocation and Real Property Acquisition: Captures data regarding displacements and property acquisition costs.
What happens if I fail to submit this form?
If you fail to submit this form, you may experience negative consequences regarding your program compliance status and funding eligibility. Delays in submission can lead to penalties and affect future funding opportunities. It is essential to adhere to submission deadlines to maintain your program's good standing.
- Compliance Risk: Non-submission may put your participation in the program at risk.
- Funding Eligibility: You may lose access to vital federal resources.
- Penalties: Failure to report can result in administrative penalties.
How do I know when to use this form?
- 1. Annual Reporting: Use this form every year to report on program activities.
- 2. Financial Accountability: Necessary for documenting all financial transactions related to the program.
- 3. Compliance Monitoring: Required for HUD to monitor compliance with federal regulations.
Frequently Asked Questions
What is the HOME Program Annual Performance Report?
It is a report required for compliance with the HOME Program, detailing financial data and activities.
Who should fill out this report?
Housing authorities, non-profit organizations, and other program participants are required to fill out this report.
How do I submit the report?
You can submit the report by sending copies to the designated HUD Field Office before the deadline.
What data is required in this report?
The report requires financial data, program income, expenditures, and demographic information.
Can I edit the PDF directly?
Yes, you can edit the PDF using our PrintFriendly editing tools.
Is the reporting period specified?
Yes, the reporting period is from October 1 to September 30.
What if I make an error in the report?
You can correct errors before the final submission using our editing features.
Is there a deadline for submission?
Yes, the report must be submitted on or before December 31 of the reporting year.
How do I share the report with others?
You can share the report via email or through social media directly from PrintFriendly.
What happens if I don't submit the report?
Failure to submit the report may affect your eligibility for federal funds and compliance standing.
