RECERTIFICATION OF RENT, DWELLING SIZE, AND ELIGIBILITY Sample Clauses

RECERTIFICATION OF RENT, DWELLING SIZE, AND ELIGIBILITY. A. The Tenant acknowledges and agrees that the leased premises are a part of the development operated by the Authority to provide housing for low-income families; that to fulfill its purpose, the Authority, with the approval of the U.S. Department of Housing and Urban Development, has adopted eligibility requirements and a rent formula based on family composition, income, and assets; that the Authority shall have a right to determine the monthly rent, dwelling unit size, and eligibility of the Tenant when necessitated by changes in the Tenant’s family composition, income, or assets; that the Authority may require the Tenant to transfer to another dwelling unit if the leased premises become inappropriate to the Tenant’s needs or require the Tenant to move if no longer eligible; and that the Authority shall have the right to request and receive information and certifications from the Tenant regarding income, assets, and family composition. X. Xxxxxx further agrees to furnish to the Authority, upon request, information and certifications regarding income, assets, and family composition as may be necessary for the Authority to make determinations with respect to rent, eligibility, and the appropriateness of apartment size. C. The failure of the Tenant to furnish true and accurate information on any application, certification, recertification or request for interim recertification will result in immediate termination of this Lease. Further, Title 18, Section 1001 of the United States Code states that a person is guilty of a felony for knowingly and willingly making a false or fraudulent statement to any Department or agency of the United States or the Department of Housing and Urban Development. D. In the event that either an annual or interim recertification shall lead to a determination that an adjustment is necessary in the Tenant’s monthly rent, the Authority shall mail a "Notice of Tenant Rent Adjustment" to the Tenant in accordance with Section 15 of this Lease. E. The monthly rent set forth in Section 3 of this Lease, or adjusted rent pursuant to this Section 4, shall remain in effect for the period between an annual and/or interim recertification, except that if the Tenant shall misrepresent or fail to report to the Authority any material fact affecting the determination of the Tenant’s rent, so that rent Tenant is paying is less than Tenant should have been charged, Xxxxxx agrees to enter into a repayment agreement in accordance with paragraph 5 of thi...
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Related to RECERTIFICATION OF RENT, DWELLING SIZE, AND ELIGIBILITY

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