The Annual Contributions Contract (ACC) is between which entities?

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Multiple Choice

The Annual Contributions Contract (ACC) is between which entities?

Explanation:
The key idea here is that the Annual Contributions Contract establishes the funding relationship for public housing between the federal government and the local administering agency. The ACC is the agreement through which HUD provides annual contributions to the Public Housing Authority (PHA) to operate, maintain, and administer public housing. The PHA signs the ACC with HUD and must follow the program rules, use the funds appropriately, and report on performance. Tenants and landlords interact with the program, but they aren’t the contracting parties for this funding agreement—the contract is between HUD and the PHA.

The key idea here is that the Annual Contributions Contract establishes the funding relationship for public housing between the federal government and the local administering agency. The ACC is the agreement through which HUD provides annual contributions to the Public Housing Authority (PHA) to operate, maintain, and administer public housing. The PHA signs the ACC with HUD and must follow the program rules, use the funds appropriately, and report on performance. Tenants and landlords interact with the program, but they aren’t the contracting parties for this funding agreement—the contract is between HUD and the PHA.

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