Common use of Interim Re-examinations Clause in Contracts

Interim Re-examinations. As specified in Section VII of the ACOP, if there are any 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 decreases in income within the 10 calendar days will not result in a retroactive credit or rent reduction. 3. Residents are not required to report interim increases in income, unless they previously underwent an interim decrease to rent in the same certification period. Increases in income are 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 decreases changes 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 decreases changes in income within the 10 calendar days will not 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 not required to report interim increases in income, unless they previously underwent . If a resident was granted an interim decrease to rent in the same certification period. Increases reduction, he/she must report an interim increase in income are only required to be reported at time of next regularly scheduled re-examinationwithin 10 calendar days.

Interim Re-examinations. As specified in Section VII of the ACOP, if there are any decreases in a family’s income income, or changes in household composition composition, changes in allowances 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 decreases in income within the 10 calendar days will not result in a retroactive credit or rent reduction. 3. Residents are not required to report interim increases in income, unless they previously underwent an interim decrease to rent in the same certification period. Increases in income are only required to be reported at the time of the next regularly scheduled re-examination.