Adjustment of Rent Between Annual and Special Reexamination Sample Clauses

Adjustment of Rent Between Annual and Special Reexamination. Adjustment of rent between annual and special reexaminations will be made in the following situations: 1. The total household income has increased more than 10% due to a new source, new employment, an increase in earned income, an increase in unearned income, by any family member or increase in income because a person with income (from any source) joins the household. The Housing Authority will conduct an interim reexamination. However, if it is determined that a resident or household members quit work to avoid being employed at the next regular reexamination will be subject to retroactive increases. 2. A hardship exists for the family because of the loss of a substantial portion of the income on which the rent is based, or the deductible expenses increase substantially (including those families on flat rent. The effective day of the change due to a hardship will be the first day of the month following receipt of all required verification provided the resident reported the income change on or before the 10th of the month in which the change occurred otherwise the change will be effective on the first day of the month after the 45 to 60 day verification period. Income changes resulting from Welfare Programs Requirements – a family’s rent must not be decreased as a result of a reduction in welfare benefits based on either (1) fraud by a member of the family or (2) the family’s failure to comply with the welfare programs’ requirement for work activities or participation in an economic self-sufficiency program. 3. A Management error occurred in connection with an admission or reexamination. If the error resulted in the Resident paying too much rent, effective date of rent change will be the same date as previous change. If the error resulted in the Resident not paying enough rent, the correct rent will be calculated immediately upon verification of the error, the Resident will be given 30 days notice of rental change, and the effective date of the change will be the first of the month following expiration of the notice period; and 4. It is discovered that Resident has misrepresented the facts on which his/her rent is based, so that the rent he/she is paying less than should have been paid (effective date of rent change will be the date it would have been paid had the proper facts been previously known). 5. Credit checks will be done at each annual recertification. New residents that move in during or/and after annual recertification’s which all are effective i...