Who can sign HAP Contract Documents?
a. Management agent with a Power of Attorney from owner b. Owner c. Chairperson or Vice Chairperson (if corporation). d. All of the above Owner signatures are required on contract renewal and rent adjustment request documents and rent schedules. If the management agent has Power of Attorney (POA) it must be very specific as to timeframe and tasks allowed to perform. For properties governed by a Board of Directors, these documents will be accepted if signed by the Chairperson or Vice Chairperson of the board. If the documents are signed by someone else, a copy of the bylaws or a resolution authorizing the signatory must be submitted. Per SDHDA Memo 06-12-04 MF-113 dated December 5, 2006. 8. What is an acceptable level of bad debt written off according to the HUD 9834? 1% or less of gross rents for last two fiscal years. 9. If a property is suffering vacancies, name two types of exception waivers that can be requested for approval by HUD? 1. Age ineligible for elderly property, except fo
