Research requirements
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Showing 101–120 of 126 results · 75 match every term, 51 related
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- federalUnited StatesBMIRRelated — matches some termsReview limitationsAn owner who prepays must let tenants in a low-vacancy area, and special needs tenants anywhere, stay three years at existing rents, and must pay half of each relocated family's expensesRequirement excerpt: Where a prepayment or voluntary insurance termination does proceed, the owner carries defined obligations to the sitting tenants. EACH OWNER WHO PREPAYS THE MORTGAGE OR TERMINATES THE MORTGAGE INSURANCE CONTRACT SHALL ALLOW THE TENANTS…Read conditions and sources →
- federalUnited StatesBond / 142(d)Related — matches some termsDeep rent skewing raises the continuing-resident threshold to 170 percent and changes the triggering leaseRequirement excerpt: Where the deep rent skewing election is in force, the second sentence of 142(d)(3)(B) is read with two substitutions: 170 percent replaces 140 percent, and the triggering event becomes the occupancy of ANY low-income unit in the same…Read conditions and sources →
- federalUnited StatesHOMERelated — matches some termsReview limitationsHOME temporary relocation requires expense reimbursement and advance written informationRequirement excerpt: Residential tenants who must relocate temporarily for a HOME project, but are not required to move permanently, must receive reimbursement of all reasonable out-of-pocket relocation expenses, including moves to and from temporary housing…Read conditions and sources →
- federalUnited StatesHTFRelated — matches some termsHTF rent limit exception for project-based rental assistance requires tenant payment at or below 30% of adjusted incomeRequirement excerpt: If an HTF-assisted unit receives Federal or State project-based rental subsidy and the tenant pays as a contribution toward rent not more than 30 percent of the tenant's adjusted income, the maximum rent for that unit is the rent allowable…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsHUD 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 StatesPBRARelated — matches some termsReview limitationsIncome, assets, expenses, deductions and every eligibility requirement must be verified before move-in, again at annual recertification, and whenever a change is reported in betweenRequirement excerpt: The owner must verify all income, assets, expenses, deductions, family characteristics and circumstances that affect family eligibility or level of assistance, and must do so at three points: before move-in, as part of the annual…Read conditions and sources →
- federalUnited StatesCDBGRelated — matches some termsReview limitationsNo CDBG funds - and no non-HUD funds on a choice-limiting action - may be committed until HUD or the State approves the Request for Release of Funds and the responsible entity's certificationRequirement excerpt: This is the hardest gate in CDBG and the one that most often invalidates an otherwise complete housing deal, because it reaches PRIVATE money as well as public. Neither a recipient nor ANY PARTICIPANT IN THE DEVELOPMENT PROCESS - public or…Read conditions and sources →
- federalUnited StatesLIHTCRelated — matches some termsNoncompliance must be corrected within the agency's correction periodRequirement excerpt: The agency must give prompt written notice of noncompliance and specify the correction period in its monitoring procedure. The initial correction period may not exceed 90 days from the notice; this is a ceiling, not an automatic 90-day…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsNot more than 15 percent of units first available on or after 1 October 1981 may be leased to low income families who are not very low income, absent prior HUD approvalRequirement excerpt: Not more than 15 percent of the Section 8 project-based dwelling units that initially became available for occupancy under a Housing Assistance Payments contract on or after 1 October 1981 may be leased to low income families other than…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsPBRA asset declarations use an annually adjusted threshold and require periodic third-party verificationRequirement excerpt: Except as allowed for small asset holdings, the owner must obtain and document in the family file third-party verification of reported family annual income, the value of assets, expenses related to deductions from annual income, and other…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsPre-HOTMA: tenants had to report a member moving out, a proposed new member, an unemployed member finding work, and a cumulative income increase of $200 or more a monthRequirement excerpt: SUPERSEDED IN PART -- this is the pre-HOTMA position. Under Handbook 4350.3 REV-1 CHG-4 all tenants had to notify the owner when a family member moved out of the unit, when the family proposed to move a new member in, when an adult member…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsPre-HOTMA: the owner had to process an interim on the listed changes, and had to leave an income increase of under $200 a month out of the calculationRequirement excerpt: SUPERSEDED IN PART -- this is the pre-HOTMA position. Under Handbook 4350.3 REV-1 CHG-4 the owner had to process an interim recertification when a tenant reported a change in family composition, an increase in cumulative income of $200 or…Read conditions and sources →
- federalUnited StatesRAD PBVRelated — matches some termsReview limitationsRAD PBV contract rents are adjusted only by OCAF, applied only to the portion of rent not attributable to debt service, and never fall below the initial rentRequirement excerpt: Contract rents at a RAD PBV Covered Project are adjusted only by HUD's Operating Cost Adjustment Factor at each anniversary of the HAP contract, subject to appropriations, and the factor is applied only to the portion of the rent not…Read conditions and sources →
- federalUnited StatesHCVRelated — matches some termsRent to owner must be determined reasonable before lease approval and may never exceed the current reasonable rentRequirement excerpt: The PHA may not approve a lease until it determines that the initial rent to owner is reasonable in comparison to rent for other comparable unassisted units, considering location, quality, size, unit type and age, and the amenities,…Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsSecurity 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 StatesLIHTCRelated — matches some termsReview limitationsThe applicable fraction and eligible basis must be maintainedRequirement excerpt: A reduction in the applicable fraction or in eligible basis below the amounts on which the credit was computed reduces the allowable credit and, if it occurs during the compliance period, can trigger recapture.Read conditions and sources →
- federalUnited StatesPBRARelated — matches some termsReview limitationsThe owner must have written occupancy standards, assign each family a unit of appropriate size, and count anticipated children and live-in aides but not nonfamily membersRequirement excerpt: Owners must develop and follow occupancy standards taking into account the size and number of bedrooms needed for the number of people in the family, and occupancy standards must be part of the owner's tenant selection procedures. Owners of…Read conditions and sources →
- federalUnited StatesPBVRelated — matches some termsThe PBV lease must include the HUD tenancy addendum, which prevails over the rest of the leaseRequirement excerpt: The tenant and owner must enter a written lease. In all cases the lease must include a HUD-required tenancy addendum, which must include word-for-word all provisions required by HUD. All provisions in the addendum must be included in the…Read conditions and sources →
- federalUnited StatesPublic HousingRelated — matches some termsReview limitationsThe PHA is the covered housing provider and must issue the VAWA notice and maintain an emergency transfer planRequirement excerpt: The PHA must administer its public housing program in accordance with all applicable equal opportunity requirements, must affirmatively further fair housing, and must apply the requirements of 24 CFR part 5 subpart L. For the public housing…Read conditions and sources →
- federalUnited StatesPublic HousingRelated — matches some termsReview limitationsThe PHA may terminate only on the enumerated grounds and must give the prescribed written noticeRequirement excerpt: The PHA may terminate the tenancy only for serious or repeated violation of material terms of the lease, such as failure to make payments due under the lease or failure to fulfil household obligations; for being over the income limit for…Read conditions and sources →