Redetermination of Rent and Family Composition a. For households under the income based rent, regular redetermination of rent and eligibility shall be made on an annual basis. The annual date is the first of the month of which the tenant moved in.
Redetermination of Rent and Family Composition. Each year, by the date specified by the HAP, Residents who are paying rent based upon their income shall provide updated information regarding income, assets, expenses, and family composition. The HAP shall verify the information supplied by the Resident and use the verified information to establish the amount of the Resident's rent for the next year. Failure to supply such information is a serious violation of the terms of this Lease for which HAP may seek to terminate the Lease. All information must be verified. Resident agrees to comply with the HAP's request for reexamination by signing releases for third-party sources, presenting documents for review, or providing other suitable forms of verification in a timely manner. The HAP shall give the Resident reasonable notice of what actions Residents must take and of the date by which such action must be taken for compliance under this section. This information will be used by the HAP to decide whether the amount of rent should be changed and whether the dwelling size is still appropriate for the Resident's needs. This determination will be made in accordance with the ACOP, which is publicly posted in the HAP's Office.
Redetermination of Rent and Family Composition. A. The Housing Authority shall conduct, at a time it designates, an annual re- examination of the Resident's family composition and income (annual re- examinations will also include a criminal background check) for the purpose of redetermining rent and unit size. At admission and each year in preparation for their annual reexamination, each family is offered the Family Choice of Rent Amount option. Each family is given the choice of having their rent determined under the income-based method or having their rent set as the flat rent amount. The schedule of flat rent is posted in each Management Office. Families that opt for the flat rent may request to return to the income-based method at any time.
Redetermination of Rent and Family Composition. The lease shall provide for redetermination of rent and family composition which shall include:
