Research requirements

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Showing 101–120 of 726 results

• federalUnited StatesPBRAReview limitations
  A repayment agreement must be agreed by both parties, must keep the monthly payment plus total tenant payment within 40 percent of monthly adjusted income, and must carry six named termsRequirement excerpt: Where a tenant owes retroactive rent, the tenant and owner must both agree on the terms of the repayment agreement. The tenant's monthly payment must be what the tenant can afford based on the family's income, and the monthly payment plus…Read conditions and sources →
• federalUnited States811 PRA
  A reported change in income or circumstances must be acted on within 30 days of the tenant's reportRequirement excerpt: Where the household reports a change in income or other circumstances that would increase or decrease the Total Tenant Payment between regularly scheduled reexaminations, the owner must, on receipt of verification of the change, make the…Read conditions and sources →
• federalUnited StatesRAD PBRAReview limitations
  A resident temporarily relocated for a PBRA conversion has a right to return, and project plans that would preclude return must be altered on objectionRequirement excerpt: Any resident who may need to be temporarily relocated to facilitate rehabilitation or construction has a right to return to an assisted unit at the Covered Project once the work is complete, and permanent involuntary displacement may not…Read conditions and sources →
• federalUnited StatesRAD PBVReview limitations
  A resident temporarily relocated for conversion work has a right to return and may not be permanently displacedRequirement excerpt: Any resident who may need to be temporarily relocated to facilitate rehabilitation or construction has a right to return to an assisted unit at the Covered Project once the work is complete. Permanent involuntary displacement of residents…Read conditions and sources →
• federalUnited States202 PRAC
  A Section 202 owner must escrow one-half of one percent of the capital advance as its Minimum Capital Investment, capped at $10,000 or $25,000 with a National SponsorRequirement excerpt: As a Minimum Capital Investment the owner must deposit into a special escrow account one-half of one percent (0.5%) of the HUD-approved capital advance, to assure the owner's commitment to the housing. The cap is $10,000, except that under…Read conditions and sources →
• federalUnited States202 PRAC
  A Section 202 PRAC has an initial term of 240 months, and HUD must extend an expiring contract for not less than 60 months to the extent appropriations allowRequirement excerpt: The initial term of a Section 202 project rental assistance contract is 240 months - twenty years. On expiration the Secretary SHALL, to the extent approved in appropriation Acts, extend the contract for a term of not less than 60 months,…Read conditions and sources →
• federalUnited States202 PRACReview limitations
  A Section 202 PRAC household stays eligible for subsidy until total tenant payment equals or exceeds gross rent, and loses subsidy without losing the tenancyRequirement excerpt: A household occupying an assisted unit remains eligible for project rental assistance until its total tenant payment equals or exceeds the gross rent, or a pro rata share of the gross rent in a group home. When that point is reached the…Read conditions and sources →
• federalUnited StatesSection 236Review limitations
  A Section 236 project is 'eligible low income housing' under 24 CFR part 248 only on a two-part test, and where it is, prepayment without an approved plan of action is null and voidRequirement excerpt: 24 CFR part 248 reaches a Section 236 project, but only through a definition with two limbs that must BOTH be satisfied, and getting the gate wrong is the usual error. A project is 'eligible low income housing' if it is not subject to a…Read conditions and sources →
• federalUnited StatesSection 236Review limitations
  A Section 236 tenancy may be terminated only on the four grounds in 24 CFR 247.3, on a dual-served notice effective no earlier than 30 days after receipt for good cause or nonpaymentRequirement excerpt: 24 CFR part 247 subpart A applies to all decisions by a landlord to terminate the occupancy of a tenant in a subsidized project, and a project receiving interest reduction payments under section 236 of the National Housing Act is a…Read conditions and sources →
• federalUnited StatesRD 514/516Review limitations
  A section 514 loan closed under the current regulation carries a 20-year restrictive-use covenant in the mortgage and deed of trust that a tenant may enforceRequirement excerpt: Every Agency loan closing requires the borrower to execute a restrictive-use contract acceptable to the Agency establishing the obligation to operate the housing for programme purposes FOR THE TERM OF THE LOAN. For section 514 loans made…Read conditions and sources →
• federalUnited StatesRD 514/516Review limitations
  A section 514 or 516 project serving migrant farmworkers may take operating assistance instead of tenant-specific Rental Assistance, capped at 90 percent of the migrant units' operating costsRequirement excerpt: Operating assistance is the farm labor programme's alternative to unit-by-unit Rental Assistance, and it exists only here. An off-farm labor housing project financed under section 514 or section 516(i) that serves MIGRANT farmworkers may…Read conditions and sources →
• federalUnited StatesRD 514/516Review limitations
  A section 516 grant agreement remains in effect for as long as the Agency determines there is a need for the housing, and servicing binds for the term of the loan or the grant, whichever is longerRequirement excerpt: The grant side of farm labor housing is not term-limited the way a loan is. The grant agreement REMAINS IN EFFECT FOR AS LONG AS THERE IS A NEED FOR THE HOUSING, AS DETERMINED BY THE AGENCY - an open-ended obligation whose end is an Agency…Read conditions and sources →
• federalUnited StatesRD 538Review limitations
  A Section 538 tenant must be a United States citizen or a qualified alienRequirement excerpt: A tenant of a housing unit subject to a Section 538 loan guarantee must be a United States citizen or a noncitizen who is a qualified alien as defined in 7 CFR 3565.3. Unlike the parallel citizenship conditions in the direct programmes at 7…Read conditions and sources →
• federalUnited StatesBMIRReview limitations
  A Section 8 family in a BMIR project pays the Section 8 tenant rent until its total tenant payment equals or exceeds the BMIR rent, and pays the BMIR rent thereafterRequirement excerpt: Where a BMIR project also carries Section 8, the family's rent is the lower of the two regimes for as long as the Section 8 formula produces the lower figure. A FAMILY RECEIVING SECTION 8 ASSISTANCE AT A BMIR PROJECT WOULD CONTINUE TO PAY…Read conditions and sources →
• federalUnited States811 PRAC
  A Section 811 capital advance project must be operated as supportive housing for persons with disabilities for not less than 40 years, occupied only by very low-income persons with disabilitiesRequirement excerpt: Any project for which a capital advance is provided under 42 U.S.C. 8013(d)(1) must be operated for not less than 40 years as supportive housing for persons with disabilities, in accordance with the application for the project approved by…Read conditions and sources →
• federalUnited States811 PRACReview limitations
  A Section 811 PRAC household stays eligible for subsidy until total tenant payment equals or exceeds gross rent, and loses subsidy without losing the tenancyRequirement excerpt: A household occupying an assisted unit remains eligible for project rental assistance until its total tenant payment equals or exceeds the gross rent, or a pro rata share of the gross rent in a group home. When that point is reached the…Read conditions and sources →
• federalUnited States811 PRACReview limitations
  A Section 811 project is approved on a supportive service plan with five required elements, certified by the appropriate State or local agency as well designed for the community's needsRequirement excerpt: Section 811 assistance is awarded against a SUPPORTIVE SERVICE PLAN, and the plan is a five-part instrument whose contents the statute fixes: a description of the needs of the persons with disabilities the housing is expected to serve;…Read conditions and sources →
• federalUnited States811 PRAC
  A Section 811 supportive service plan must let every resident choose and acquire their own services, take the owner's services, or take no services at allRequirement excerpt: This is the single most consequential 811-specific tenant protection and it is easy to breach with a well-meant lease clause. The statute requires that a supportive service plan for housing assisted under Section 811 PERMIT EACH RESIDENT to…Read conditions and sources →
• federalUnited StatesPBRA
  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 StatesLIHTC
  A signed initial tenant income certification is required before or at move-inRequirement excerpt: The owner must obtain a complete, signed tenant income certification from each household, supported by third-party or otherwise acceptable documentation of income and assets, effective on or before the date the household takes occupancy of…Read conditions and sources →