Set Up a Household Budget

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					   CREATING AN ACTIVITY SET-UP
                          (Project Set-up)




• Contract Summary Screen




 • Contract Activity Screen
        Required Documentation
                       (HBA Project Set-up)




• Click on the box, then proceed with the set-up.
• Refer to the website for the most current checklist.
                            TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS
                                           HOME Investment Partnerships Program




                                     Checklist for Set-Ups / Revisions / Cancellations
                                              Homebuyer Assistance (HBA)

Administrator Name:

Contract #                                   Activity #                                    PM Specialist
UOG #                                        CPS #                                         Date


SET-UPs - Documentation required for Activity Set-Up (data entered into online TDHCA Contract System):
     If this is the first Set-Up for this contract, ensure units designated in the Performance Requirement section of the System
     agree with the contract’s Performance Statement (Exhibit A).
     Review Environmental documentation for clearance
     Verify HIW (Form 14.01)
     Verify HIC (Form 14.02) – Income must equal the amount specified on the Household section of the System
    Verify HIC dates - HIC is invalid if more than 6 months have elapsed from the date of Set-Up
     Verify 203(b) FHA Mortgage Subsidy Limits and enter into the System
     Verify Purchase Contract - names, address, price, expiration date, signatures



REVISIONS - Documentation required for Revisions (submitted and processed manually):
     Compare the revised budget with the original Set-Up budget in the System and in CSAS
     Review revisions for eligible costs and complete process


CANCELLATIONS - Documentation required for Cancellations (submitted and processed manually):
     Notification of project cancellation received via mail, fax or email including activity number, address, homebuyer’s name, and
     reason for cancellation.



TDHCA Use Only:
     Enter environmental clearance date into the System and log in spreadsheet (t:cm/cmpm/HOME/2004/environmental/rrof_log)
     Notify Administrator the activity is environmentally cleared (via email)
     Verify the uncommitted budget amounts available in the System and in CSAS
     Enter data into IDIS and the System
     Enter activity number in the System
     Create tab for activity number and file supporting documents
     Send the original routing form with copy of Revision or Cancellation request to Accounting
     File copy of routing form with original Set-Up request
      The following screens are
    sections of an Activity Set-up




• In the boxes enter the actual homebuyer assistance budget
amount and the sales price from the Sales Contract.
•    Line 1 -Enter the street address of the home. Do not enter
    the homeowner’s name.
•   Line 2 –No entry is required in this field.
•   City, State, Zip – Each field must be completed.
•   City Type – Select “city”.
•   Check the box that agrees with the specific purpose stated in the HOME
    contract, as applicable only.
• Select the box(es) that agree with the specific purpose.

• 203 b Limits – Enter the maximum per-unit for the area being
  served.
• Property Type - Enter Single Family
• Accessible - Check this box if the property meets accessibility
• FHA Insured – Check this box if applicable.
• Unit Number – Always enter 1

• Monthly Gross Income - Enter the household’s monthly gross
  income, as calculated on the 14 series worksheets.

• Name – Enter the full name of the head of household
•Number of Bedrooms – select the applicable number

•Occupancy - Select “Homeowner”

     NOTE: Select from the drop down boxes as applicable
• Hispanic – Click only if head of household is of Hispanic
  ethnicity

• Household Size – Select the appropriate number.

• Head of Household Race – Select the appropriate race;
  Hispanic is recognized as White for the purpose of this data.

• Primary Special Need – Select applicable special need type.

• Head of Household - Select appropriate description
• Select as specified in the contract.

• Click SAVE to store the data entered.

            This is the end of data entry for the setup.
       Creating a Project Budget
                          (Budget Detail)




  Now that all of the preliminary data has been entered and
  saved you’re now ready to enter the activity’s budget detail.

• Sections of the set-up will automatically populate after saving
  entered data.

• Click Budget Detail on the right-hand side of the screen
  located in the ALLOCATION section.
• Amended – Enter budget amount (same as entered in the start-
  up page).

• Save - Click store the data entered.

• Itemize – Select Itemize on the right-hand side of screen to go
  to the next screen.
Budget Itemization

•   Item Numbers - Sequential item numbers are assigned by the System.

•   Item # - “x” items can be deleted if necessary.

•   Budget Category – To add, click the (+) symbol next to Hard Cost or Soft Cost.

•   Amount - Enter the appropriate dollar amount for each item.

•   Save - Click Save to store the data entered
   PROJECT SET-UP APPROVAL &
         DISAPPROVAL




Order of APPROVAL ACTIONS
• After complete Set-Up data has been entered click Save;
• Click Submit for Approval without Saving, this action updates to;
• Pending PM Approval notifying PM that the Set-Up is ready for
processing.

    The user who last enters data cannot be the same person who
              approves the activity and submits to PM.
      OVERVIEW OF “STATUS”




• Pending PM Approval, no further action by the CA can be done on
the activity.
• Disapproved by PM, the CA must make corrections and resubmit
  for approval.
                        NOTES



Creating online notes

• From the CONTRACT ACTIVITY screen click on Notes in the upper
  right-hand corner.

 • Click Create New Note
• Type in information, click Save to store the message

				
DOCUMENT INFO
Description: Set Up a Household Budget document sample