What happens if a unit is leased as a tax credit eligible household and later is found out that the household is not income qualified?
If a calculation error was made in certifying a household and it is found that the household never income qualified for the unit, the owner should not claim tax credits for this unit as long as the unit is leased to the ineligible household. The owner/manager may first check to see if the household’s income was ever below the applicable limits since occupying the unit. If the income is/was below the applicable limits, the household may be qualified as the date the income was below the applicable limits. However, documentation must support the income. To avoid this situation, it is important to verify the income of a household prior to occupancy.
