Q and A – Federal Wage?
Q and A - Federal Wage? Question: I have a tenant that works for the U.S. Postal Service. Do I list his income as ‘Federal Wage’ on his 50059? I’ve never had any wages other than Non-Federal befo ...
Q and A – Processing an Interim for an Income Increase of Less Than $200/month
Q and A – Processing an Interim for an Income Increase of Less Than $200/month Question: I am a Regional Manager for a large management company. I discovered, during a quality control review, that ...
Q and A – Family Assistance with Medical Bills
Q and A - Family Assistance with Medical Bills Question: In preparing a tenant's recertification, I verified that a tenant's siblings (who do not reside at the property) pays $54/month towards the ...
May 2, 2016 in Certs/ 50059s (Including income/assets/expenses), Contract Administrators (PBCA/TCA), HUD Initiatives, TRACS
Are You Using the Correct Previous Housing Code For Homeless Households?
Are You Using the Correct Previous Housing Code For Homeless Households? During the April 2016 TRACS Industry Meeting, HUD requested both Contract Administrators and Owners check for the inappropriat ...
April 6, 2016 in Breaking News, Certs/ 50059s (Including income/assets/expenses), Eligibility, Income Limits, Tenant Income
HUD 2016 Income Limits Have Been Published
HUD 2016 Income Limits Have Been Published On March 28, 2016, HUD released the 2016 Income Limits. Owners of properties participating in HUD’s Multifamily Housing Programs must utilize these limits w ...
March 31, 2016 in Breaking News, Certs/ 50059s (Including income/assets/expenses), EIV, RHIIP Listserv, Tenant Income
HHS and EIV System Computer Matching Temporarily Suspended
HHS and EIV System Computer Matching Temporarily Suspended Via RHIIP Listserv #352, issued March 17, 2016, HUD advised the industry that the regularly scheduled computer matching between Health and H ...
January 28, 2016 in Certs/ 50059s (Including income/assets/expenses), HUD Notices, RHIIP Listserv, TC (Tax Credit), Tenant Income
HUD Passbook Savings Rate Will Remain at .06% for 2016
HUD Passbook Savings Rate Will Remain at .06% for 2016 On January 19, 2016, HUD issued Housing Notice 2016-01 “Passbook Savings Rate Effective February 1, 2016” to notify the industry that the passb ...
Q and A – Final Minimum Required Distribution from a Retirement Account
Q and A – Final Minimum Required Distribution from a Retirement Account Question: We have an 84-year old tenant who has a retirement account and is required to take out a minimum required distributi ...
January 15, 2016 in Certs/ 50059s (Including income/assets/expenses), EIV, Q&A, Secure Systems, TRACS
Q and A – Resident Won’t Fall Off Deceased Tenant Report
Q and A - Resident Won't Fall Off Deceased Tenant Report Question: I have a resident that passed away in January 2015. However, she is still showing up on my EIV Deceased Tenant Report that I prin ...
November 20, 2015 in Breaking News, Certs/ 50059s (Including income/assets/expenses), Handbooks/Notices/Guides, HUD Notices, Tenant Income
HUD Amends the Definition of Tuition
HUD Amends the Definition of Tuition On November 18, 2015, HUD published a joint notice under Notice PIH 2015-21: Amendment to the Definition of Tuition The Notice is effective immediately. In th ...