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  1. INTRODUCTION TO THE HUD CHART OF ACCOUNTS. Prescribed Accounts. The account categories prescribed in this chapter apply to a variety of assisted Public and Indian Housing (PIH) programs and reflect those accounts which are used on approved program budgets and on the HUD reporting forms in Chapter 3.

    • CapFund

      The PIH Office of Capital Improvements administers the...

  2. The HUD Chart of Accounts is organized to provide complete and comprehensive project records. Since the project's annual financial statements are prepared on an accrual basis, HUD encourages owners/managing agents to keep project books and records on an accrual basis.

  3. The PIH Office of Capital Improvements administers the Capital Fund. The Capital Fund provides funds, annually, to Public Housing Agencies (PHAs) for the development, financing, and modernization of public housing developments and for management improvements.

  4. • An income statement is a financial statement that shows revenue, expenses, and income/(loss) during a specific period, usually presented on a monthly or year-to-date basis depending on the specific report formats • The income statement may also be titled Statement of Operations, Statement of Activities, or Statement of Revenue and Expenses

  5. • Understand the key changes of the Capital Fund program, based on the Final Rule. • Know eligible and ineligible activities under the Capital Fund program. • Understand the annual Capital Fund submission requirements and how the funds will be distributed by HUD.

  6. * The spending proposal includes $5.05 billion provided through HUD’s Operating formula, plus $178 million for a need-based grant

  7. 13 Απρ 2022 · The President’s FY2023 request proposes $71.9 billion in gross discretionary appropriations for HUD, which would be the amount of new funding, or budget authority, available for HUD programs and activities, not accounting for budgetary savings from offsets and other sources.

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