Hud 92547 A Form PDF Details

The HUD 92547-A form, a pivotal document under the auspices of the U.S. Department of Housing and Urban Development (HUD), serves as a comprehensive Budget Worksheet for Income and Expense Projections pertaining to cooperative and subsidized rental projects. Mandated by Title II of the National Housing Act, this form plays a crucial role in the regulatory framework established by HUD to oversee rent adjustments within eligible housing endeavors. With its information collection sanctioned through an OMB Approval No. 2502-0324 expiring on 12/31/2014, the form encapsulates a broad spectrum of financial details, including but not limited to rental income, vacancy losses, operational expenses, and financial revenues. Aimed at facilitating a transparent and systematic process for rent increase requests, the form also emphasizes the importance of tenant participation, adhering to the mandates of the HCD Amendments of 1978. Completing this form, estimated to require an average of 1.5 hours, involves a thorough review of instructions, data gathering, and detailed financial analysis, underscoring the intricate nature of budget planning and reporting within the realm of HUD-regulated housing projects.

QuestionAnswer
Form NameHud 92547 A Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other nameshud 92547 a instructions, 92547 a hud, form hud budget, revenue hud form

Form Preview Example

Budget Worksheet

Income and Expense Projections

U.S. Department of Housing

OMB Approval No. 2502-0324

and Urban Development

(exp. 12/31/2014)

Office of Housing

 

Federal Housing Commissioner

 

Public reporting burden for this collection of information is estimated to average 1.5 hours per response, including the time f or reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB cont rol number.

This information is collected in accordance with Title II of the National Housing Act which requires that HUD regulate rents fo r certain cooperative and subsidized rental projects. The Department formulated the processes by which owners could request increases. The requirementfor tenant participation in the rent increase process, which is included in Section 202(b) of the HCD Amendments of 1978, necessitated that the Department design procedures to give consideration to tenant comments. The information gathered is not of a confidential nature. The information is required in order to obtain benefits.

Project Number

Name of Project

 

 

Description of Account

Acct.No.Statement of Profit/Loss FY__ Current FY (no. of mos. ) Budget from (

) to (

)

Rental

Rent Revenue - Gross Potential

5120

 

 

Income

Tenant Assistance Payments

5121

 

 

5100

 

 

 

 

Rent Revenue - Stores and Commercial

5140

 

 

 

 

 

 

 

 

Garage and Parking Spaces

5170

 

 

 

 

Flexible Subsidy Revenue

5180

 

 

 

 

Miscellaneous Rent Revenue

5190

 

 

 

 

Excess Rent

5191

 

 

 

 

Rent Revenue/ Insurance

5192

 

 

 

 

Special Claims Revenue

5193

 

 

 

 

Retained Excess Income

5194

 

 

 

 

Total Rent Revenue Potential at 100% Occupancy

5100T

 

 

Vacancies Apartments

5220

 

 

5200

 

Stores and Commercial

5240

 

 

 

 

 

 

 

 

Rental Concessions

5250

 

 

 

 

Garage and Parking Spaces

5270

 

 

 

 

Miscellaneous

5290

 

 

 

 

Total Vacancies

5200T

 

 

 

 

Net Rental Revenue (Rent Revenue less Vacancies)

5152N

 

 

Income

Nursing Homes/ Assisted Living/ Board & Care/

5300

 

 

5300

 

Other Elderly Care/ Coop/ Other Revenues

 

 

 

 

 

 

 

 

Financial

Financial Revenue -Project Operations

5410

 

 

Revenue

Revenue from Investments-Residual Receipts

5430

 

 

5400

 

 

 

 

Revenue from Investments-Replacement Reserve

5440

 

 

 

 

 

 

 

 

Revenue from Investments-Miscellaneous

5490

 

 

 

 

Total Financial Revenue

5400T

 

 

Other

Laundry and Vending Revenue

5910

 

 

Revenue

Tenant Charges

5920

 

 

5900

 

 

 

 

Interest Reduction Payments Revenue

5945

 

 

 

 

 

 

 

 

Gifts (nonprofits)

5970

 

 

 

 

Miscellaneous Revenue

5990

 

 

 

 

Total Other Revenue

5900T

 

 

 

 

Total Revenue

5000T

 

 

Admin.

Conventions and Meetings

6203

 

 

Expenses

Management Consulants

6204

 

 

6200/

 

 

 

 

 

 

Advertising and Marketing

6210

 

 

6300

 

 

 

 

 

Other Renting Expense

6250

 

 

 

 

Office Salaries

6310

 

 

 

 

Office Expenses

6311

 

 

 

 

Office or Model Apartment Rent

6312

 

 

 

 

Management Fee

6320

 

 

 

 

Manager or Superintendent Salaries

6330

 

 

 

 

Administrative Rent Free Unit

6331

 

 

 

 

Legal Expenses - Project

6340

 

 

 

 

Audit Expenses

6350

 

 

 

 

Bookkeeping Fees/Accounting Services

6351

 

 

 

 

Miscellaneous Administrative Expenses

6390

 

 

 

 

Total Administrative Expenses

6263T

 

 

Previous editions are obsolete

page 1 of 2

ref. Handook 4350.1

form HUD-92547-A (8/2000)

Description of Account

Acct.No.Statement of Profit/Loss FY__

Current FY (no. of mos. )

Budget from (

) to (

)

Utilities

Fuel Oil/Coal

6420

 

 

 

 

 

6400

Electricity

6450

 

 

 

 

 

 

Water

6451

 

 

 

 

 

 

Gas

6452

 

 

 

 

 

 

Sewer

6453

 

 

 

 

 

 

Total Utilities Expense

6400T

 

 

 

 

Operating

Payroll

6510

 

 

 

 

 

& Mainten.

Supplies

6515

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

Contracts

6520

 

 

 

 

 

6500

 

 

 

 

 

 

Operating and Maintenance Rent Free Unit

6521

 

 

 

 

 

 

Garbage and Trash Removal

6525

 

 

 

 

 

 

Security Payroll/Contract

6530

 

 

 

 

 

 

Security Rent Free Unit

6531

 

 

 

 

 

 

Heating/Cooling Repairs and Maintenance

6546

 

 

 

 

 

 

Snow Removal

6548

 

 

 

 

 

 

Vehicle & Maint. Equip. Oper. and Repair

6570

 

 

 

 

 

 

Misc. Operating & Maintenance Expenses

6590

 

 

 

 

 

 

Total Operating & Maintenance Expenses

6500T

 

 

 

 

Taxes and

Real Estate Taxes

6710

 

 

 

 

 

Insurance

Payroll Taxes (Project's share)

6711

 

 

 

 

 

6700

 

 

 

 

 

Property and Liability Insurance (Hazard)

6720

 

 

 

 

 

 

 

 

 

 

 

 

Fidelity Bond Insurance

6721

 

 

 

 

 

 

Workmen’s Compensation

6722

 

 

 

 

 

 

Health Insurance & Other Employee Benefits

6723

 

 

 

 

 

 

Misc. Taxes, Licen., Permits, & Insurance

6790

 

 

 

 

 

 

Total Taxes & Insurance

6700T

 

 

 

 

Financial

Interest on Mortgage Payable

6820

 

 

 

 

 

Expenses

Interest on Notes Payable (Long-Term) *

6830

 

 

 

 

 

6800

 

 

 

 

 

Interest on Notes Payable (Short-Term) *

6840

 

 

 

 

 

 

 

 

 

 

 

 

Mortgage Insurance Premium/Service Charge

6850

 

 

 

 

 

 

Miscellaneous Financial Expenses

6890

 

 

 

 

 

 

Total Financial Expenses

6800T

 

 

 

 

Expenses

Nursing Homes/ Assisted Living/ Board & Care/

6900

 

 

 

 

6900

Other Elderly Care/ Coop/ Other Revenues

 

 

 

 

 

 

 

Total Cost of Operations

6000T

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve for Replacements Dep. Required

 

 

 

 

 

 

 

Principal Payments Required

 

 

 

 

 

 

 

Debt Service for other approved loans

 

 

 

 

 

 

 

Debt Service Reserve (if required)

 

 

 

 

 

 

 

General Operating Reserve (Coops)

 

 

 

 

 

 

 

Total Cash Requirements

 

 

 

 

 

 

 

Less Total Revenue

 

 

 

 

 

 

 

Net Cash Surplus (Deficiency)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I hereby certify that all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate. Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18 U.S.C. 1001, 1010, 1012; 31 U.S.C. 3729, 3802)

(Signature)

Date (mm/dd/yyyy)

Previous editions are obsolete

* HUD Approved Secondary Financing

page 2 of 2

ref. Handook 4350.1

form HUD-92547-A (8/2000)

 

Only for Budget Projections.

 

 

 

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This form requires specific information to be entered, thus you should definitely take some time to type in precisely what is expected:

1. Complete your hud 92547 a with a number of major fields. Note all of the important information and be sure nothing is overlooked!

Step no. 1 for filling out hud form 92547 a fillable

2. Just after filling out the previous part, head on to the next part and fill in all required details in these blank fields - Other Revenue, Admin Expenses, Rent Revenue Gross Potential, T T, Previous editions are obsolete, page of, and ref Handook form HUDA.

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Concerning page of and Rent Revenue Gross Potential, make sure you do everything properly in this current part. These are viewed as the most important ones in this form.

3. Completing Description of Account, AcctNoStatement of ProfitLoss FY, Utilities, Operating Mainten Expenses, Taxes and Insurance, and Fuel OilCoal Electricity Water is essential for the next step, make sure to fill them out in their entirety. Don't miss any details!

Taxes and Insurance, Fuel OilCoal  Electricity  Water, and Operating  Mainten Expenses inside hud form 92547 a fillable

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hud form 92547 a fillable completion process outlined (portion 4)

5. Because you approach the finalization of your document, you'll notice a couple more requirements that need to be satisfied. In particular, I hereby certify that all the, Date mmddyyyy, Previous editions are obsolete, HUD Approved Secondary Financing, page of, and ref Handook form HUDA should all be done.

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