Public Notice: Updated Asset Management Tenant Selection Plan, as approved 5/22/2024
Tenant Selection Plan – Effective: 5.31.2024 Download PDF
The current plan is also permanently link on the page “Programs and Services” in the “Our Properties > Helpful Links section.”
Below is a summary of revisions:
| Chapter | Subject | Comments |
|---|---|---|
| ASSET LIMITATIONS | Restriction on the eligibility of a family to receive assistance if the family owns real property that is suitable for occupancy by the family as a residence or has assets in excess of $100,000, as adjusted annually. | |
| 2.3 | Cure of non-compliance (HOTMA) | |
| 4.1 | Defining Program Eligibility | |
| 5.5 | Annual Recertification Policy | |
| 5.6 | Interim Recertification Policy | |
| 5.9 | Verifying Information | |
| 5.10 | Real Property, Personal Property, Other Capital Investments | |
| 5.11 | Exemptions to the Real Property Restriction in the Asset Limitation | |
| 5.12 | Suitability of Real Property for Occupancy | |
| 6.12 | Compliance at Admission | |
| 17.1 | Termination of Assistance Special Considerations for Terminating Assistance or Evicting PBRA Families for Non-Compliance with the Asset Limitation | |
| 17.1 | Special Considerations for Terminating Assistance or Evicting HUD Section 202 Families for Non-Compliance with the Asset Limitatio | |
| 17.1 | Special Considerations for Terminating Assistance or Evicting PBV Families for Non-Compliance with the Asset Limitation | |
| 17.2 | Termination of Tenancy by Owner | |
| CALCULATING INCOME | When calculating a household’s income, including asset income, at the time of admission to the program or during interim reexaminations, PHAs/MFH Owners must use anticipated income (current income) (i.e., the family’s estimated income for the upcoming 12-month period) | |
| 4.2.1 | Income Eligibility | |
| 5.5 | Annual Recertification Policy | |
| 5.7 | Streamlined Income Determination | |
| 12.5 | De Minimis Errors | |
| DEDUCTIONS/EXPENSES | Annual use of HUD published use of Consumer Price Index (CPI) for various deductions and declared expenses of applicants and participants | |
| 2.4 | Information Regarding Disabilities | |
| 3.12 | Consumer Price Index–Urban Wage Earners and Clerical Workers (CPI–W) | |
| 5.14 | Unreimbursed Reasonable Attendant Care and Auxiliary Apparatus Expenses | |
| 5.14 | Phased-In Relief Phased-in Relief Timing Table Phased-in Relief Outcomes According to Family’s Status in Program for Multifamily Housing Program General Relief |
|
| 5.15 | Implementation of Hardship Exemption Family Notification of Hardship Exemption Extension of Hardship Exemption for Additional 90-Day Period(s) Child-Care Expenses Deduction and Hardship Exemption to Continue Child-Care Expenses Deduction Hardship Exemptions for Health and Medical Care Expenses and Reasonable Attendant Care and Auxiliary Apparatus Expenses Policy for Determination of the Family’s inability to Pay Rent Allowable Childcare Activities and Expenses |
|
| HOUSEHOLD COMPOSITION | New HUD Definition of family and Foster Adult and Foster Child. | |
| 4.2 | Family Definition | |
| 4.7 | Foster Adult and Foster Child | |
| INCOME | New HUD Definitions of Annual income and various categorized examples, self-certifications, assets, and imputed income. | |
| 4.3.2 | Definition of Income | |
| 4.3.3 | Earned Income | |
| Appendix B | New HUD Definitions | |
| 5.16 | Exclusions from Net Family Assets Self-Certification of Net Family Assets Equal to or Less Than $50,000 (as adjusted for inflation) |
|
| INTERIM REEXAM | Timing, threshold, and events that qualify for required Interim reexamination | |
| 16.3 | Interim Recertification Requirements | |
| VERIFICATION | Consent timing, mandated use of EIV, SSN Verification, Excluded Income and Zero Income | |
| 4.3.6 | Excluded Income | |
| 4.4.1 | Lack of Social Security Documentation | |
| 4.4.2 | Authorization for Release of Information | |
| 5.1 | EIV (Enterprising Income Verification) | |
| Appendix C | Mandatory And Discretionary Use Of EIV By HAMC | |
| 5.4 | No Income Report | |
| 5.10 | Verifying Applicant/Participant Information | |
| 12.4 | Preferred Forms of Verification |
