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06-08-2022 Council Packet
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06-08-2022 Council Packet
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73505919v2 <br /> <br /> <br /> B-1-7 <br /> <br /> <br />Row (K) Enter the Greater of the total in Column (I) or (J) <br /> <br />Row (L) Total Annual Household Income from All Sources Add (E) and (K) and enter the total <br /> <br /> <br />HOUSEHOLD CERTIFICATION AND SIGNATURES <br /> <br />After all verifications of income and/or assets have been received and calculated, each household member age 18 <br />or older must sign and date the Tenant Income Certification. For move-in, it is recommended that the Tenant <br />Income Certification be signed no earlier than five days prior to the effective date of the certification. <br /> <br /> <br />Part V – Determination of Income Eligibility <br /> <br />Total Annual Household Enter the number from item (L). <br />Income from all sources <br /> <br />Current Income Limit per Enter the Current Move-in Income Limit for the household size. <br />Family Size <br /> <br />Household income at move-in For recertifications only. Enter the household income from the <br />Household size at move-in move-in certification. On the adjacent line, enter the number of <br /> household members from the move-in certification. <br /> <br />Household Meets Income Check the appropriate box for the income restriction that the <br />Restriction household meets according to what is required by the set-aside(s) for the <br />project. <br /> <br />Current Income Limit x 140% For recertification only. Multiply the Current Maximum Move-in Income <br />Limit by 140% and enter the total. Below, indicate whether the household <br />income exceeds that total. If the Gross Annual Income at recertification is <br />greater than 140% of the current income limit, then the available unit rule <br />must be followed. <br /> <br />Part VI – Rent <br /> <br />Tenant Paid Rent Enter the amount the tenant pays toward rent (not including rent assistance payments such <br />as Section 8). <br /> <br />Rent Assistance Enter the amount of rent assistance, if any. <br /> <br />Utility Allowance Enter the utility allowance. If the owner pays all utilities, enter zero. <br /> <br />Other non-optional Enter the amount of non-optional charges, such as mandatory garage rent, <br />charges storage lockers, charges for services provided by the development, etc. <br />
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