What is HUDs Income Targeting goal/requirement and who must track this?
40% of new move-ins during year at ELI (Extremely low income) – owner/agent must track • Name three of the five required elements of a waiting list. Name, date, time application received, bedroom size and reasonable accommodation. • How long do you have before a security deposit refund and/or final disposition letter of security deposit is sent to a former tenant? 14 days, according to State Law 43-32-24. • True\False The only time a tenant does not sign a 50059 is when there is a gross rent change. True, unless there is a change in the TTP or utility reimbursement, then the 50059 must be signed by the tenant. • What lease is used for Section 8 properties and where is the current version available? SDHDA\HUD approved version, available at www.sdhda.org\Property Compliance\Forms and Manuals\Section 8 • In the HOME program, tenant records, including income verifications, development rents, and unit inspections must be retained for how many years?
