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Showing 261–280 of 491 results · 27 match every term, 464 related

• federalUnited StatesPublic HousingRelated — matches some termsReview limitations
  At 24 consecutive months the PHA must charge the alternative non-public housing rent or terminate the tenancyRequirement excerpt: Once a family has exceeded the over-income limit for 24 consecutive months the PHA must, as detailed in its admissions and continued occupancy policies, either require the family to execute a new lease consistent with 24 CFR 960.509 and…Read conditions and sources →
• federalUnited StatesPBRARelated — matches some termsReview limitations
  Contract rents adjust on the contract anniversary on owner request, and no adjustment may produce a material difference between assisted and comparable unassisted rentsRequirement excerpt: On request from the owner to the contract administrator, contract rents are adjusted on the anniversary date of the Housing Assistance Payments contract in accordance with 24 CFR part 888. Special additional adjustments are granted to the…Read conditions and sources →
• federalUnited StatesRAD PBRARelated — matches some terms
  Current households may not be rescreened out of a project converting to PBRARequirement excerpt: At conversion, current households cannot be excluded from occupancy at the Covered Project based on any rescreening, income eligibility or income targeting. Current households are grandfathered for the application of eligibility criteria to…Read conditions and sources →
• federalUnited StatesHOPWARelated — matches some termsReview limitations
  HOPWA housing must meet State and local codes and the 24 CFR 5.703 standards, but 24 CFR 5.705 through 5.713 do not apply and housing is grandfathered to the standards in force at move-inRequirement excerpt: Each recipient of HOPWA assistance must provide safe and sanitary housing in compliance with all applicable State and local housing codes, licensing requirements and any other jurisdictional requirements regarding the condition of the…Read conditions and sources →
• federalUnited StatesLIHTCRelated — matches some terms
  Household income at initial occupancy must not exceed the applicable limitRequirement excerpt: A unit qualifies as a low-income unit only if the household's annual income, determined at initial occupancy under the Section 8 income definition, is at or below the income limitation applicable to that unit's designation for the…Read conditions and sources →
• federalUnited StatesPBRARelated — matches some termsReview limitations
  HUD prohibits four classes of screening criterion outright, including any specific minimum income, medical testing, and any greater burden placed on a person with a disabilityRequirement excerpt: Owners are prohibited from establishing certain screening criteria. They may not discriminate based on race, colour, religion, sex, national origin, age, familial status or disability, nor against segments of the population such as welfare…Read conditions and sources →
• federalUnited StatesMod RehabRelated — matches some terms
  Initial gross rent must not exceed the Moderate Rehabilitation Fair Market Rent in effect when the Agreement was executedRequirement excerpt: The Fair Market Rent Schedule for Moderate Rehabilitation is 120 percent of the Existing Housing Fair Market Rent Schedule, except that for single room occupancy housing the limit is 75 percent of the Moderate Rehabilitation Fair Market…Read conditions and sources →
• federalUnited StatesLIHTCRelated — matches some termsReview limitations
  LIHTC annual income is determined consistently with Section 8, through the chain section 42(g)(4) to section 142(d)(2)(B) to 24 CFR 5.609Requirement excerpt: Section 42 does not define income. It borrows one, and the chain matters because each link is somewhere a practitioner can lose it. IRC 42(g)(4) applies paragraphs (2) — other than subparagraph (A) — (3), (4), (5), (6) and (7) of IRC 142(d)…Read conditions and sources →
• federalUnited StatesRD RARelated — matches some terms
  Rental Assistance assigned to a sitting tenant mid-month does not reduce rent until the first of the next monthRequirement excerpt: Where a Rental Assistance unit is assigned to an eligible EXISTING tenant on a day other than the first of a month, the Agency will not provide the borrower Rental Assistance for that newly assigned tenant and the tenant does not pay…Read conditions and sources →
• federalUnited StatesBond / 142(d)Related — matches some termsReview limitations
  Section 142(d) restricts gross rent only where deep rent skewing is electedRequirement excerpt: The only gross rent restrictions section 142(d) imposes are the two conditions of the deep rent skewing election at 142(d)(4)(B)(ii) and (iii). The 20-50 and 40-60 tests of 142(d)(1) restrict who may occupy a share of the units by income;…Read conditions and sources →
• federalUnited States202/8Related — matches some terms
  The 202/8 housing assistance payment equals contract rent less the family's tenant rent, and where a utility reimbursement is due the borrower pays it on HUD's behalf out of funds held in trustRequirement excerpt: The subsidy arithmetic on a 202/8 assisted unit is a difference, not a formula of its own: THE AMOUNT OF THE HOUSING ASSISTANCE PAYMENT MADE TO THE BORROWER FOR AN ASSISTED UNIT LEASED TO AN ELIGIBLE FAMILY IS EQUAL TO THE DIFFERENCE…Read conditions and sources →
• federalUnited StatesPBVRelated — matches some terms
  The PBV non-life-threatening-deficiency option requires adoption, owner agreement and no life-threatening deficienciesRequirement excerpt: Under the adopted non-life-threatening-deficiency (NLT) option for initial inspections of existing housing, the PHA may execute the HAP contract and begin assistance payments for assisted units with non-life-threatening deficiencies only if…Read conditions and sources →
• federalUnited StatesBond / 142(d)Related — matches some termsReview limitations
  The qualified project period starts at 10 percent occupancy and ends on the latest of three eventsRequirement excerpt: The qualified project period begins on the first day on which 10 percent of the residential units in the project are occupied, and ends on the LATEST of (i) the date 15 years after the date on which 50 percent of the residential units in…Read conditions and sources →
• federalUnited StatesCDBGRelated — matches some termsReview limitations
  Using a public agency, subrecipient or contractor moves no responsibility: the recipient must still ensure CDBG funds are used correctly and must act when performance problems ariseRequirement excerpt: The CDBG accountability chain does not delegate. The recipient is responsible for ensuring that CDBG funds are used in accordance with ALL programme requirements, and the use of designated public agencies, subrecipients or contractors DOES…Read conditions and sources →
• federalUnited StatesSection 236Related — matches some termsReview limitations
  Where tenants pay their own metered utilities HUD may set the rental below 30 percent of adjusted income, but in no case below 25 percentRequirement excerpt: With respect to projects HUD determines have separate utility metering paid by tenants for some or all dwelling units, HUD may permit the basic rental charge and the fair market rental charge to be determined on the basis of operating the…Read conditions and sources →
• federalUnited StatesPBRARelated — matches some terms
  A security deposit must be collected at initial lease execution in seven named programs, in the amount Figure 6-7 sets for that programRequirement excerpt: The owner must collect a security deposit at the time of initial lease execution for Section 8 New Construction with an AHAP executed on or after 5 November 1979, Section 8 Substantial Rehabilitation with an AHAP executed on or after 20…Read conditions and sources →
• federalUnited StatesPBRARelated — matches some terms
  Security deposits must sit in a segregated interest-bearing account whose balance equals everything collected from tenants in occupancy plus accrued interestRequirement excerpt: The owner must place security deposits into a segregated, interest-bearing account, and the balance of that account must equal the total amount collected from all tenants then in occupancy plus any accrued interest. For Section 202/8,…Read conditions and sources →
• federalUnited StatesMod RehabRelated — matches some terms
  Vacancy payments run at 80 percent of Contract Rent for a bounded period and only where the owner met the notice and re-rental conditionsRequirement excerpt: Where a rehabilitated contract unit is not leased within 15 days of the effective date of the contract, the owner is entitled to housing assistance payments of 80 percent of the Contract Rent for a vacancy period not exceeding 60 days from…Read conditions and sources →
• federalUnited StatesRD 538Related — matches some terms
  Where Section 538 sits on a tax credit deal, the borrower must satisfy every programme, and the Agency will generally defer to the most stringentRequirement excerpt: A Section 538 guaranteed property may carry supplemental financing or housing subsidies with their own occupancy or management requirements, and some of those programmes -- low income housing tax credits among them -- impose more…Read conditions and sources →
• federalUnited StatesRD 514/516Related — matches some terms
  Rental Assistance reaches off-farm labor housing only; on-farm labor housing is excludedRequirement excerpt: A housing project financed with an Agency OFF-farm labor housing loan or grant is eligible for Agency Rental Assistance, and to be eligible for operating assistance rents a tenant must meet the Rental Assistance eligibility requirements at…Read conditions and sources →