Research requirements

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Showing 21–40 of 126 results · 75 match every term, 51 related

• federalUnited StatesRD 515
  Rent and utility allowance changes need Agency written approval, a 20-day tenant comment period and 30 days noticeRequirement excerpt: A borrower must not change a rent or a utility allowance without first submitting a fully documented request to Rural Development and obtaining written consent or approval. At the same time the request goes to the Agency the borrower must…Read conditions and sources →
• federalUnited StatesRD RA
  The Rental Assistance payment is basic rent plus the utility allowance, less the net tenant contributionRequirement excerpt: A borrower's request for a Rental Assistance payment must be based on the difference between the basic rent PLUS the utility allowance for the unit and the net tenant contribution of the tenant. Rental subsidies exist to close exactly that…Read conditions and sources →
• federalUnited StatesRAD PBRAReview limitations
  A PBRA Project Owner carries the pre-conversion 50058 tenant rent and utility allowance to the resident's next certificationRequirement excerpt: On a conversion to PBRA the owner uses the resident's pre-existing public housing HUD Form 50058 data and maintains the tenant rent and the utility allowance until the resident's next annual or interim certification. To make that possible…Read conditions and sources →
• federalUnited StatesLIHTC
  For units with project-based rental assistance, gross rent is the tenant portion plus the utility allowanceRequirement excerpt: Where a low-income unit receives a rental subsidy under Section 8 or a comparable program and the household's contribution is limited to a percentage of income, the gross rent tested under Section 42 is the amount the household pays plus…Read conditions and sources →
• federalUnited StatesRAD PBRAReview limitations
  Initial RAD PBRA contract rents are capped at 120 percent of FMR less utility allowance, with an RCS-backed exception to the lower of market or 150 percent of FMRRequirement excerpt: HUD calculates initial PBRA contract rents from the converting project's own subsidy under the public housing programme using its RAD rent base year, and specifies alternative requirements for section 8(c)(1) and section 8(c)(5) of the Act…Read conditions and sources →
• federalUnited StatesLIHTC
  An owner may calculate the allowance with the HUD Utility Schedule Model on rates no older than 60 days before the 90-day periodRequirement excerpt: A building owner may calculate a utility estimate using the HUD Utility Schedule Model, which HUD publishes on the Low-Income Housing Tax Credits page of HUD USER. The utility rates entered into the model must be no older than the rates in…Read conditions and sources →
• federalUnited StatesLIHTC
  Where no branch of the hierarchy applies the default is the PHA schedule, and any estimate obtained displaces it for every similar unit in the buildingRequirement excerpt: For a rent-restricted unit that falls through 1.42-10(b)(1), (2), (3) and (4)(i), the appropriate utility allowance is the applicable PHA utility allowance. That default is displaced the moment an estimate is obtained under any of the four…Read conditions and sources →
• federalUnited StatesLIHTC
  No review or implementation is required until the building reaches 90 percent occupancy for 90 consecutive days or the end of the first credit yearRequirement excerpt: The building owner is not required to review the utility allowances, or to implement new utility allowances, until the building has achieved 90 percent occupancy for a period of 90 consecutive days or the end of the first year of the credit…Read conditions and sources →
• federalUnited StatesRAD PBVReview limitations
  A converting family keeps its public housing tenant rent until the first regular or interim recertification after conversionRequirement excerpt: At a PBV conversion the Contract Administrator uses the family's public housing tenant rent, as reflected on line 10f of the family's most recent HUD Form 50058 at the date of conversion, to calculate the PBV housing assistance payment and…Read conditions and sources →
• federalUnited StatesPBRAReview limitations
  The minimum rent in a project-based Section 8 program is $25, and a claimed financial hardship suspends it from the month after the requestRequirement excerpt: Total tenant payment is the highest of four amounts, one of which is the minimum rent. For Section 8 programs other than the moderate rehabilitation and voucher programs the minimum rent is $25; it is not a figure the owner sets. The…Read conditions and sources →
• federalUnited States202 PRACReview limitations
  The 202 project rental assistance payment is HUD-approved per-unit operating cost minus total tenant payment, capped for the year by the PRAC amountRequirement excerpt: A PRAC is not a HAP contract and its payment is not contract rent less tenant rent. The project rental assistance payment is the difference between the household's TOTAL TENANT PAYMENT and the HUD-APPROVED PER UNIT OPERATING EXPENSES,…Read conditions and sources →
• federalUnited States811 PRACReview limitations
  The 811 project rental assistance payment is HUD-approved per-unit operating cost minus total tenant payment, capped for the year by the PRAC amountRequirement excerpt: A PRAC is not a HAP contract and its payment is not contract rent less tenant rent. The project rental assistance payment is the difference between the household's TOTAL TENANT PAYMENT and the HUD-APPROVED PER UNIT OPERATING EXPENSES,…Read conditions and sources →
• federalUnited StatesLIHTC
  One tenant receiving RHS rental assistance puts every rent-restricted unit in the building on the RHS allowanceRequirement excerpt: If any tenant in a building receives RHS rental assistance payments, the applicable utility allowance for all rent-restricted units in that building is the applicable RHS utility allowance -- including units occupied by tenants who receive…Read conditions and sources →
• federalUnited StatesLIHTC
  A unit occupied by a tenant with HUD rental assistance takes the PHA Section 8 Existing Housing allowanceRequirement excerpt: In a building that is neither RHS-assisted nor HUD-regulated and has no tenant receiving RHS tenant assistance, the applicable utility allowance for any rent-restricted unit occupied by a tenant receiving HUD rental assistance payments is…Read conditions and sources →
• federalUnited StatesLIHTC
  An RHS-assisted building must use the Rural Housing Service method for every rent-restricted unit in itRequirement excerpt: If a building receives assistance from the Rural Housing Service, the applicable utility allowance for ALL rent-restricted units in that building is the allowance determined under the method prescribed by RHS for the building. This holds…Read conditions and sources →
• federalUnited StatesPBRAReview limitations
  Eligibility for continued assistance is contingent on submitted evidence of citizenship or eligible immigration status, and a mixed family receives prorated rather than terminated assistanceRequirement excerpt: Eligibility for assistance or continued assistance under a Section 214 covered program, which includes project-based Section 8, is contingent on the family's submission to the owner of evidence of citizenship or eligible immigration status…Read conditions and sources →
• federalUnited StatesPBRA
  A gross rent change requires part 245 tenant comment and posting, a new HUD-50059-A to each tenant and to each file, and a TRACS submissionRequirement excerpt: A gross rent change may arise from a change in rent alone, in the utility allowance alone, or in both. The owner must comply with the tenant comment and posting procedures at 24 CFR part 245, must submit approved gross rent changes through…Read conditions and sources →
• federalUnited StatesPBV
  Rent to owner must not exceed the lowest of the FMR-based amount, the reasonable rent, or the rent requestedRequirement excerpt: Except for certain tax credit units, the rent to owner must not exceed the lowest of an amount determined by the PHA under its Administrative Plan not exceeding 110 percent of the applicable fair market rent - or any applicable exception…Read conditions and sources →
• federalUnited StatesPublic HousingReview limitations
  Full operating subsidy is conditioned on compliance with the income reexamination requirementsRequirement excerpt: Each PHA is required to reexamine the income of each family in accordance with the provisions of the annual contributions contract, the 1937 Act and HUD regulations, and income reexaminations must be performed annually except as otherwise…Read conditions and sources →
• federalUnited States811 PRACReview limitations
  Section 811 PRAC rent is the higher of 30% of adjusted monthly income, 10% of monthly income, or the designated welfare housing portionRequirement excerpt: A very low-income person occupying a unit assisted with a Section 811 capital advance pays as rent the higher of 30 percent of the person's adjusted monthly income, 10 percent of the person's monthly income, or, where the person receives…Read conditions and sources →