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federalUnited StatesSection 8 Project-Based Rental Assistanceasset_treatment
HOTMA imposes an asset limitation and permits self-certification below a threshold
s8.assets.limitation · v1.0.0
Once HOTMA applies, a family may not hold net family assets above the annually adjusted limitation, nor own real property suitable for occupancy, subject to the regulation's exceptions and the owner's discretion to grant continued assistance in specified circumstances. Families with net assets at or below the annually adjusted self-certification threshold may self-certify, with third-party verification required at least every third year.
- Confidence
- high
- Effective from
- 2024-01-01
- Compliance date
- 2027-01-01
- Last reviewed
- 2026-08-22
Evidence required
- Asset verification(one_per_asset)
- Self-certification of net family assets(conditional)
Citations
All sources verified within 1 day- Housing Opportunity Through Modernization Act of 2016: Implementation of Sections 102, 103, and 10424 CFR 5.618
- Implementation Guidance: HOTMA Sections 102 and 104HUD Notice H 2023-10, HOTMA implementation for Multifamily Housing