Research requirements

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Showing 41–49 of 49 results · 3 match every term, 46 related

• federalUnited StatesRD 515Related — matches some termsReview limitations
  Section 515 income categories are set on ADJUSTED income, and moderate income is the low limit plus $5,500Requirement excerpt: A Section 515 household's income category is determined by comparing its ADJUSTED income - not its annual income - to HUD's published limits. A very low-income household is one whose adjusted income does not exceed HUD's very low-income…Read conditions and sources →
• federalUnited StatesRD 515Related — matches some termsReview limitations
  Section 515 properties are held to RD's own physical standards, not to UPCS or NSPIRERequirement excerpt: A Section 515 borrower must at all times maintain the housing project in compliance with local, state and federal law and with the Agency's own itemised requirements for affordable, decent, safe and sanitary housing at 7 CFR 3560.103(a)(3)…Read conditions and sources →
• federalUnited StatesRD 515Related — matches some terms
  Tenants have a grievance procedure with a 10-day response right and a hearing before a neutral officer or panelRequirement excerpt: A Section 515 borrower must permanently post tenant grievance procedures in a conspicuous place at the housing project, keep copies at the management office for inspection by tenants and the Agency, give each tenant an Agency summary of…Read conditions and sources →
• federalUnited StatesRD 538Related — matches some termsReview limitations
  The affordability restriction runs for the original term of the guaranteed loan and is recorded as a deed restrictionRequirement excerpt: For the ORIGINAL TERM of the guaranteed loan, a Section 538 property must remain available for occupancy by low and moderate income households in accordance with 7 CFR part 3565 subpart E, and that requirement must be recorded in a deed…Read conditions and sources →
• federalUnited StatesRD 515Related — matches some terms
  Utility allowances must be reviewed annually and the result reported to Rural Development even when nothing changesRequirement excerpt: In a Section 515 project where tenants pay the utilities, the borrower must establish a utility allowance for each size and type of rental unit based on estimated utility costs, review those allowances annually, adjust them for accuracy,…Read conditions and sources →
• federalUnited StatesLIHTCRelated — matches some terms
  VAWA notices, certification form and an emergency transfer plan are requiredRequirement excerpt: Covered housing providers must provide the notice of occupancy rights and the certification form at three points (when an applicant is denied, when a tenant is admitted, and when a tenant receives notice of eviction or termination of…Read conditions and sources →
• federalUnited StatesRD RARelated — matches some termsReview limitations
  When an expiring Rental Assistance agreement is not renewed because funding is unavailable, the borrower must notify tenants of the rent increase and those tenants may quit the lease without penaltyRequirement excerpt: Rental Assistance can run out, and the regulation says exactly what happens when it does. If a request to renew an expiring agreement is denied BECAUSE FUNDING IS NOT AVAILABLE, the Agency notifies the borrower, and the borrower must then…Read conditions and sources →
• federalUnited StatesRD 538Related — matches some terms
  An initial tenant income certification is required; Section 538 requires no annual recertificationRequirement excerpt: An initial tenant certification containing the income types and sources the Agency requires must be completed for each Section 538 household. Annual recertification of tenant income is not required under the guaranteed programme. Any…Read conditions and sources →
• federalUnited StatesRD 515Related — matches some terms
  The reserve account is a supervised account and every withdrawal needs prior Agency approvalRequirement excerpt: A Section 515 borrower must establish and maintain a reserve account for major capital expenses, hold it in an interest-bearing account or securities, and operate it as a supervised account in which the Agency approves all withdrawals. The…Read conditions and sources →