Common use of Interim Re-examinations Clause in Contracts

Interim Re-examinations. As specified in Section VII of the ACOP, if there are any changes in a family’s income or household composition between scheduled re-examinations, an interim re-examination may be conducted. Certain changes require advance approval by the CHA. 1. Residents are required to report all changes in family composition or income to the property manager within 10 calendar days of the occurrence. 2. Failure to report changes in income within the 10 calendar days may result in a retroactive rent increase, but not a retroactive credit or rent reduction. 3. In order to qualify for rent reductions, residents must report income decreases. 4. Residents are required to report interim increases in income. If a resident was granted an interim rent reduction, he/she must report an interim increase in income within 10 calendar days.

Interim Re-examinations. As specified in Section VII of the ACOP, if there are any changes decreases in a family’s income or household composition between scheduled re-examinations, or an increase in family income during a certification period where an interim rent decrease had been processed, an interim re-examination may be conducted. Certain changes require advance approval by the CHA. 1. Residents are required to report all changes in family composition or decreases in income to the property manager within 10 calendar days of the occurrence. 2. Failure to report changes decreases in income within the 10 calendar days may will not result in a retroactive rent increase, but not a retroactive credit or rent reduction. 3. In order to qualify for rent reductions, residents must report income decreases. 4. Residents are not required to report interim increases in income. If a resident was granted , unless they previously underwent an interim decrease to rent reduction, he/she must report an interim increase in the same certification period. Increases in income within 10 calendar daysare only required to be reported at time of next regularly scheduled re-examination.

Interim Re-examinations. As specified in Section VII of the ACOP, if there are any changes in a family’s income or household composition between scheduled re-examinations, an interim re-examination may be conducted. Certain changes require advance approval by the CHAHRHA. 1. Residents are required to report all changes in family composition or income to the property manager within 10 calendar days of the occurrence. 2. Failure to report changes in income within the 10 calendar days may result in a retroactive rent increase, but not a retroactive credit or rent reduction. 3. In order to qualify for rent reductions, residents must report income decreases. 4. Residents are required to report interim increases in income. If a resident was granted an interim rent reduction, he/she must report an interim increase in income within 10 calendar days.