Common use of RENT RECERTIFICATIONS Clause in Contracts

RENT RECERTIFICATIONS. Each year, by the date specified by the Authority, Residents who are paying rent based on their income shall provide updated information regarding income, assets, expenses, and family composition. The Authority 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. At the time of the annual review, the Authority shall advise the Resident of any income that will be excluded from consideration. Increased earnings due to employment shall be excluded during the twelve month period following hire for families whose income has increased because of the employment of a family member who was previously unemployed for one or more years, because of participation in a self-sufficiency program or was assisted by KTAP or a State TANF program within the last six months. Income reviews will be held every third year for Residents choosing the flat rent option. Residents who have chosen this option will be notified at the appropriate time for their recertification. At the time of the review appointment the Resident may elect to change his or her rent choice option. In cases where annual income cannot be projected for a twelve-month period or the Resident is reporting no income and Resident has chosen the percentage of income rent option, the Authority will schedule special periodic rent reviews. In addition, the Resident may request a change in the rent choice option before the date of the review if the family experiences a decrease in income; their circumstances have changed increasing their expenses for child care, medical, etc.; or other circumstances create a hardship on the family such that the formula method would be more financially feasible for the family. Residents paying rent based on income may meet with the Authority to discuss any change in rent resulting from the recertification process; and, if the Resident does not agree with the determination of Resident rent, the Resident may request a hearing in accordance with the Authority's grievance procedures.

RENT RECERTIFICATIONS. Each year, by the date specified by the AuthorityLandlord, Residents who are paying rent based on their income shall provide updated information regarding income, assets, expenses, family composition and family compositionother document as required. The Authority Landlord 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. At the time of the annual review, the Authority landlord shall advise the Resident of any income that will be excluded from consideration. Increased earnings due to employment shall be excluded during the twelve month period following hire for families whose income has increased because of the employment of a family member who was previously unemployed for one or more years, because of participation in a self-sufficiency program or was assisted by KTAP or a State TANF program within the last six months. Flat Income reviews will be held every third year for Residents choosing the flat rent option. However, the Resident shall meet annually with the Landlord for a Flat Rent update. Residents who have chosen this option will be notified at the appropriate time for their recertification. At the time of the review appointment the Resident may elect to change his or her rent choice option. In cases where annual income cannot be projected for a twelve-twelve (12) month period or the Resident is reporting no income self-employed and the Resident has chosen the percentage of income rent option, the Authority Landlord will schedule special periodic rent reviewsreviews every quarter. If the Resident is reporting no income and/or is at minimum rent and the Resident has chosen the percentage of income rent option, the Landlord will schedule a special rent review every ninety (90) days. In addition, the Resident may request a change in the rent choice option before the date of the review if the family Resident experiences a decrease in income; their circumstances have changed increasing their expenses for child carechildcare, medical, etc.; or other circumstances create a hardship on the family Resident such that the formula method would be more financially feasible for the familyResident. Residents paying rent based on income may meet with the Authority Landlord to discuss any change in rent resulting from the recertification process; and, if the Resident does not agree with the determination of Resident rent, the Resident may request a hearing in accordance with the Authority's grievance procedures.

RENT RECERTIFICATIONS. Each year, by the date specified by the AuthorityLandlord, Residents who are paying rent based on their income shall provide updated information regarding income, assets, expenses, and family composition. The Authority Landlord 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. At the time of the annual review, the Authority landlord shall advise the Resident of any income that will be excluded from consideration. Increased earnings due to employment shall be excluded during the twelve month period following hire for families whose income has increased because of the employment of a family member who was previously unemployed for one or more years, because of participation in a self-sufficiency program or was assisted by KTAP or a State TANF program within the last six months. Income reviews will be held every third year for Residents choosing the flat rent option. Residents who have chosen this option will be notified at the appropriate time for their recertification. At the time of the review appointment the Resident may elect to change his or her rent choice option. In cases where annual income cannot be projected for a twelve-month period or the Resident is reporting no income and Resident has chosen the percentage of income rent option, the Authority Landlord will schedule special periodic rent reviewsreviews every sixty (60) days. In addition, the Resident may request a change in the rent choice option before the date of the review if the family experiences a decrease in income; their circumstances have changed increasing their expenses for child care, medical, etc.; or other circumstances create a hardship on the family such that the formula income method would be more financially feasible for the family. Residents paying rent based on income may meet with the Authority Landlord to discuss any change in rent resulting from the recertification process; and, if the Resident does not agree with the determination of Resident rent, the Resident may request a hearing in accordance with the Authoritylandlord's grievance procedures.

RENT RECERTIFICATIONS. Each year, by Once each year as established on the date specified by first day of the Authorityanniversary of the month of initial move-in, Residents who are paying rent based on their income shall agree to provide updated information regarding income, employment, assets, expenses, and family composition, and other necessary information to determine rent, eligibility and appropriate dwelling type and size for the Resident’s family. The Authority reexamination process will begin approximately ninety (90) days in advance of the established anniversary date. Determinations will be made in accordance with the approved Admissions and Continued Occupancy Policy (ACOP) posted in the Management Office and incorporated herein by reference. Any rent that is changed as a result of the annual reexamination will become effective on the established anniversary date. The Landlord shall verify the information supplied by the Resident and use the verified information to establish calculate the amount of the Resident's rent for the next year. At the time of the annual review, the Authority shall advise the Resident of any income that will be excluded from consideration. Increased earnings due to employment shall be excluded during the twelve month period following hire for families whose income has increased because of the employment of a family member who was previously unemployed for one or more years, because of participation in a self-sufficiency program or was assisted by KTAP or a State TANF program within the last six monthsrent. Income reviews will be held every made each third year for Residents choosing the flat rent option. Residents who have chosen this option will be notified at the appropriate time for their recertification. At the time of the annual review appointment the Resident may elect to change his or her Resident's rent choice option. Addendum "A" to this lease will cover Resident's rent choice options. In addition, the Resident may request a change from the rent choice option of “Flat Rent” before the date of the review if the family experiences a decrease in income, circumstances have changed increasing expenses for child care, medical, etc., or other circumstances create a hardship on the family such that the income based method would be more financially feasible for the family. In cases where annual income cannot be projected for a twelve-month period or the Landlord will schedule special rent reviews every ninety (90) days. If the Resident is reporting no income and Resident has chosen the percentage of income based rent option, the Authority Landlord will schedule special periodic rent reviewsreviews each month. In additionResidents reporting zero income must submit Zero Income Certification Forms each month until a regular income source is established. During the annual review process, the Resident may request a change in the rent choice option before the date each adult member of the review if the family experiences a decrease in income; their circumstances have changed increasing their expenses for child care, medical, etc.; or other circumstances create a hardship on the family such household who is required to perform community service hours per month must provide documentation that the formula method would be more financially feasible for the familythis requirement has been met each year. Residents paying rent based on income may meet with who reside at Asset Management Projects 3 (Oak Tower) and 4 (Paquin Tower) are required to view the Authority to discuss any change High Rise Emergency Action Plan (HEAP) video at move-in rent resulting from the recertification process; and, if the Resident does not agree with the determination of Resident rent, the Resident may request a hearing in accordance with the Authority's grievance proceduresand at each annual recertification.