NSP FAQ
Q

What is required for income certification for rental programs?

Date Published: October 2012

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A

HUD has determined that tenant incomes must be certified as meeting the applicable income limits at initial occupancy and at any time a new tenant occupies a unit. Existing tenants are not required to recertify their incomes annually, but new tenants must meet the prevailing income limits when taking occupancy of an NSP-assisted unit throughout the period of affordability.


Tags: NSP Rental Housing Development

FAQ ID:

905