Research requirements

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Showing 1–20 of 126 results · 75 match every term, 51 related

• federalUnited States202 PRACReview limitations
  The owner must submit a utility allowance analysis, and must request HUD approval of new allowances when rate changes would cumulatively raise them by 10% or moreRequirement excerpt: The owner must submit an analysis of any applicable utility allowances, providing data such as changes in utility rates and other facts affecting utility consumption so that appropriate adjustments to the utility allowances for assisted…Read conditions and sources →
• federalUnited StatesPBRAReview limitations
  The owner must submit a utility allowance analysis with each contract rent adjustment and must request new allowances when a rate change would cumulatively raise them by 10 percent or moreRequirement excerpt: In connection with annual and special adjustments of contract rents the owner must submit an analysis of the project's utility allowances, providing such data as changes in utility rates and other facts affecting utility consumption so that…Read conditions and sources →
• federalUnited StatesPBV
  The PHA utility allowance schedule governs the PBV rent determination, including where a higher allowance is a reasonable accommodationRequirement excerpt: Absent an approved project-specific utility allowance, the PHA's utility allowance schedule determined under 24 CFR 982.517(b)(2)(i) or (ii) applies to both the tenant-based and PBV programs. The PHA must continue to use the applicable…Read conditions and sources →
• federalUnited StatesLIHTC
  Gross rent for a rent-restricted unit includes the applicable utility allowance where the tenant pays a utility directlyRequirement excerpt: Where the cost of any utility for a residential rental unit is paid directly by the tenant rather than by or through the owner, the gross rent for that unit against which the section 42(g)(2) rent limit is tested includes the applicable…Read conditions and sources →
• federalUnited StatesHOMEReview limitations
  The participating jurisdiction must establish and annually update the utility allowance, choosing from the HUSM, the local PHA schedule, or a HUD-approved methodRequirement excerpt: The participating jurisdiction -- not the owner -- must establish maximum monthly allowances for utilities and services for HOME-assisted rental units and must update those allowances annually. Telephone, cable and broadband are excluded.…Read conditions and sources →
• federalUnited StatesLIHTC
  A HUD-regulated building must use the applicable HUD utility allowanceRequirement excerpt: If neither a building nor any tenant in it receives RHS housing assistance, and the rents and utility allowances of the building are regulated by HUD, the applicable utility allowance for all rent-restricted units in the building is the…Read conditions and sources →
• federalUnited States202/8
  202/8 utility allowances are adjusted under 24 CFR 891.440 in connection with contract rent adjustments, with the same 10% cumulative-increase triggerRequirement excerpt: In connection with adjustments of contract rents as provided in 24 CFR 891.640(a), the requirements for the adjustment of utility allowances in 24 CFR 891.440 apply. The borrower must submit an analysis of any applicable utility allowances…Read conditions and sources →
• federalUnited StatesHCV
  The utility allowance schedule must be reviewed annually and revised on a ten percent rate changeRequirement excerpt: The PHA must maintain a utility allowance schedule covering all tenant-paid utilities except telephone, the cost of tenant-supplied refrigerators and ranges, and other tenant-paid housing services. It must review the schedule each year and…Read conditions and sources →
• federalUnited StatesPBRAReview limitations
  Where the utility allowance exceeds total tenant payment the owner must pay the difference to the family as a utility reimbursementRequirement excerpt: In the Section 8 programs other than the voucher program, the responsible entity pays a utility reimbursement when the utility allowance for tenant-paid utilities exceeds the amount of the total tenant payment. The owner must pay the…Read conditions and sources →
• federalUnited StatesLIHTC
  The basis of the utility allowance must be reviewed at least once during each CALENDAR year, taking building changes and rate changes into accountRequirement excerpt: A building owner must review, at least once during each calendar year, the basis on which utility allowances have been established, and must update the applicable allowance under 1.42-10(c)(1). The review must take into account any changes…Read conditions and sources →
• federalUnited StatesRD 515
  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 StatesHTF
  The grantee must establish HTF utility allowances, and they exclude telephone, television and InternetRequirement excerpt: The grantee must establish maximum monthly allowances for utilities and services for HTF-assisted units, excluding telephone, television, and Internet service. Where the tenant pays utilities directly, the rent the owner may charge is the…Read conditions and sources →
• federalUnited StatesPBRA
  Approved rent changes take effect on the date HUD or the Contract Administrator approved, retroactively where that date has passed, and the utility allowance follows the rent dateRequirement excerpt: Owners must implement approved rent changes on the effective date approved by HUD or the Contract Administrator. That date may reflect a retroactive approval, in which case the owner must change the tenant certification and adjust the…Read conditions and sources →
• federalUnited StatesPublic HousingReview limitations
  Income-based rent may not exceed total tenant payment less the utility allowanceRequirement excerpt: Where a public housing family pays an income-based rent, the rent is determined by the PHA's own written rent policies, which may use a percentage of family income or another reasonable system and may provide for an escrow or savings…Read conditions and sources →
• federalUnited StatesRD RA
  Where the utility allowance exceeds the tenant's net contribution the borrower must pay the tenant the difference monthlyRequirement excerpt: Where a tenant receiving Rental Assistance is billed directly for utilities and the utility allowance exceeds the tenant's net contribution to rent, the borrower must pay the tenant the difference between the utility allowance and the net…Read conditions and sources →
• federalUnited StatesRAD PBVReview limitations
  Initial RAD PBV contract rents are capped at the lower of reasonable rent, 110 percent of FMR less the utility allowance, or the rent the owner requestedRequirement excerpt: HUD calculates the initial contract rent for a converting public housing project from that project's own subsidy under the public housing program, using the RAD rent base year, and a PHA may raise it only through the flexibilities the…Read conditions and sources →
• federalUnited StatesMod Rehab
  The utility allowance must be reviewed at least annually and any adjustment implemented by the next reexamination or lease renewalRequirement excerpt: The PHA must determine at least annually whether an adjustment is required in the utility allowance applicable to the dwelling units in the program on grounds of changes in utility rates or another change of general applicability. The PHA…Read conditions and sources →
• federalUnited StatesHOME
  The participating jurisdiction must require that rent plus the utility allowance stays within the HOME rent limitRequirement excerpt: The participating jurisdiction must review and approve the rents an owner proposes, and for every unit subject to the HOME rent limits for which the tenant pays utilities and services, the PJ must require that the rent does not exceed the…Read conditions and sources →
• federalUnited StatesLIHTC
  The utility allowance must use a permitted method and be reviewed at least annuallyRequirement excerpt: Determine each unit’s utility allowance using the applicable permitted method and review its basis at least once each calendar year. Use changed allowances for gross rents due 90 days after the change, with the method-specific agency…Read conditions and sources →
• federalUnited StatesRD RA
  The tenant contribution must be adjusted on any revised certification or approved rent or utility allowance change, and a borrower who files late is charged overage and loses the RARequirement excerpt: The Rental Assistance payment is a residual - basic rent plus the utility allowance less the net tenant contribution - so it moves whenever the contribution moves, and the regulation makes the adjustment mandatory rather than periodic.…Read conditions and sources →