Capital Fund Recovery Grant TX59S35050109PQ}MExIn H~G~ S u Antoci otF etld Office SRegion ytr butt Development
~~ : Otfice of Public Housing
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AOgxosve~°a l0G South St. Mary's Street, Suite 405
Sau Antonio, Texas 78205-3601
Phone (210)475-C>865 Fax (210)472-6616
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February 16,2010
Ms. Myuette Benedict
Executive Director, Housing Authority
of the City of Schertz
204 Schertz Parkway
Schertz, TX 78154-2165
Dear Ms. Benedict:
Subject: Capital Fund Recovery Grant TX59S35050109
Congratulations on Meeting the March l7, 2010 Obligation Deadline
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The HUD Field Office is sending this letter to recognize that the Schertz Housing Authority
obligated l00% of the Capital Fund Recovery Grant (CFRG) funds received on March 18, 2009 before the
March l7, 2010 deadline. Thank you For all of your effort to obligate the funds iu a timely manner.
Remember that the goal of the American Reinvestment and Recovery Act (Recovery Act) is to
accelerate economic recovery through job creation and economic growth. While the Department
appreciates that the funds are fully obligated, HUD encourages you to continue your efforts to accelerate
disbursement and expenditures to further promote the goals of the Recovery Act. While your grnnt is
required by the ACC agreement [o be 60 percent expended by March 17, 2011, HUD strongly encourages
you to expedite disbursements ahead of that schedule to promote economic recovery. If you have fully
expended your CFRG funds, thank you.
We value your continued commitment to working with HUD toward the objectives of the Recovery
Act [o stimulate the economy and create jobs. Please contact our office if HUD can provide any assistance
with expediting your expenditures.
Sincerely,
David Pohler
Director
Office of Public Housing
cc:
Honorable Hal Baldwin, Mayor
Mr. William Gignac, Chairperson
Justin Ormsby