Common use of Informational Requirements Clause in Contracts

Informational Requirements. Section 905.300 of this part describes the infor- mation to be submitted to HUD for the CFP. HUD uses the CF formula set forth in § 905.400 of this part, along with data provided by the PHA and other in- formation, including, but not limited to, the high-performance information from the Real Estate Assessment Cen- ter (REAC) and location cost indices, to determine each PHA’s annual grant amount. HUD notifies each PHA of the amount of the grant and provides a CF ACC Amendment that must be signed by the PHA and executed by HUD in order for the PHA to access the grant. After HUD executes the CF ACC Amendment, the PHA may draw down funds for eligible costs that have been described in its CFP Annual State- ment/Performance and Evaluation Re- port or CFP 5-Year Action Plan.