Repayment Agreement. In consideration of the Administrator granting an Advance pursuant to the provisions of the Advanced Payments Program, the parties hereunto agree as follows:
Repayment Agreement. I HEREBY FURTHER AGREE to reimburse DHS, any and all hospital, medical and similar expenses paid on my behalf as a result of said accident or incident, should compensation be paid directly to me from any judgment, award, settlement, or insurance proceeds for my injuries received as a result of the above-referenced accident or incident. I FURTHER UNDERSTAND that this Repayment Agreement is in addition to any Assignment, right of recovery, right of subrogation, or lien rights DHS may have to any proceeds from any judgment, award, settlement, or insurance proceeds for my injuries received as a result of the above-referenced accident or incident.
Repayment Agreement. I understand that as a condition of eligibility for receiving utility arrears assistance, I agree to repay the Department of Social Services the following amount:$ utility arrears assistance to restore service or to prevent termination. I agree to repay this amount within twenty-four (24) months. I will repay the assistance, in full, in installments of $ per (month, bi-weekly etc.). Each installment must be received by the Department of Social Services on or before the of each . The first installment is due on or before (enter date). The payments must be sent to: I understand that I will not be eligible for subsequent utility arrears assistance to restore service or prevent termination unless I have fully repaid any prior utility arrears payments that were subject to repayment; or I am repaying this assistance in accordance with the terms of any Repayment Agreement(s); or my household’s income is below the Temporary Assistance standard of need for my household size as of the date of application for such subsequent assistance. I also understand that if I fail to repay this assistance within the twenty-four (24) month period, the Department of Social Services will enforce this Repayment Agreement by any method available to a creditor. This includes, but is not limited to, referring the matter to a collection agency, obtaining a judgment from a court, obtaining a lien on real property or garnishing wages in appropriate cases. (Page 3 of 3) I understand that the Department of Social Services also has the right to require that I sign a lien on my real property for receiving a utility arrears payment authorized under Emergency Safety Net Assistance or Emergency Assistance to Families. If a lien is taken, that portion which represents this arrears payment will be reduced by payments made under this agreement. If I later become eligible for recurring Temporary Assistance, any unpaid balance of this arrears payment will be suspended until I am no longer receiving recurring Temporary Assistance. At that time, the unpaid balance will become due to the Department of Social Services under the terms of this agreement. I understand that by signing this form, I agree to all of the above conditions. Signature(s) of Applicants Date (spouse)
Repayment Agreement. Your request to establish a repayment agreement has been: Accepted Denied Modified as follows: Your payment of $ must be received within the next 30 days of this notice and you must continue to send the monthly payment so that the payment reaches us by the 10th of each month or $ on and if the payment schedule is bi-weekly until your debt is paid in full. If your payment has not been received by the last day of the month, you will immediately become delinquent and your debt will be referred for collection. Your payment means that you accept the terms of this acknowledgment. If you fail to maintain the payments and do not renegotiate a new payment agreement, your debt will be delinquent and will be forwarded for collection. Collection activities are discussed below. If you have an overpayment that is not paid back, it will be referred for collection in a number of ways, including automated collection by the federal government. Federal benefits (such as Social Security) and tax refunds that you are entitled to receive may be taken to pay back the overpayment. The debt will also be subject to processing charges. This decision is based on 31 CFR 285. If you do not use your SNAP benefit account for a period of 365 consecutive days, any SNAP benefit remaining in the account that is at least 365 days old will be expunged (removed) from the account. Expunged SNAP benefits cannot be reissued. If you have a SNAP benefits overpayment, your expunged benefits will be put towards your overpayment. If you apply for SNAP benefits again, and have not repaid the amount you owe, your SNAP benefits will be reduced if you begin to get SNAP benefits again. You will be notified, at that time, of the amount of reduced benefits you will get.
Repayment Agreement. Repayment Agreement shall mean that certain that Continuing Affordability and Repayment Agreement between the CITY and the DEVELOPER dated September 13, 2016, as amended from time to time.
Repayment Agreement. 1. Definitions 6. Default
Repayment Agreement. The O/A may retain a portion of the repayments they actually collect from the tenants to help defray the cost of pursuing these cases. • The O/A may only retain an amount to cover their actual costs up to 20% of the amount collected from the tenant. • The O/A must keep records of all costs incurred and provide them if requested by HUD/CA. • Funds retained by the O/A must be deposited in the property funds account. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION
Repayment Agreement. The Tenant shall be required to pay retroactive rent resulting from, Xxxxxx’s underreporting or failure to report income, failure to provide adequate documentation, failure to report changes in a timely manner, or misrepresentation of income or family circumstances to the PHA. The PHA shall determine the retroactive rent amount as far back as the PHA is able to document. Upon determination of the retroactive rent amount, the family shall be required to enter into a Repayment Agreement with the PHA. The Repayment Agreement shall clearly state the total retroactive rent amount payable to the PHA in addition to the family’s regular monthly rent. The repayment time period in which the retroactive rent balance will be paid shall be based on the monthly payments determined and the retroactive balance. The PHA shall have full discretion in establishing the number of months in the Repayment Agreement for the family to pay the debt. A minimum rent hardship exemption previously granted to a family owing retroactive rent will be automatically revoked and the family will be required to pay the retroactive rent in full or enter into a Repayment Agreement for any retroactive rent owed, including rent owed during the hardship exemption period. Late and missed retroactive rent payments by the family shall constitute default of the Repayment Agreement. In such cases, the PHA shall have the right to terminate this Lease and obtain possession of the dwelling unit pursuant to available legal remedies. Payment Location All payments must be made by check or money order at the Management Office, or mailed to 00 Xxxxx Xxxxxx, Bldg. G-1, Blue Ridge, GA 30513. The PHA will not accept cash payment. There will be a thirty-five dollar ($35.00) charge on any returned check. Tenants who have submitted a returned check will be required to make all further payments by money order or cashier’s check.
Repayment Agreement. The Repayment Agreement must reference the lease where tenant could be in non-compliance if agreement is not followed and may be subject to termination of tenancy. • The Repayment Agreement should contain a clause to revisit the terms of the agreement due to fluctuation in income. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Repayment Agreement • The O/A may retain a portion of the repayments they actually collect from the tenants to help defray the cost of pursuing these cases. The O/A may only retain an amount to cover their actual costs up to 20% of the amount collected from the tenant. • The O/A must keep records of all costs incurred and provide them if requested by HUD/CA. • Funds retained by the O/A must be deposited in the property funds account. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Repayment Agreement Reported on the Voucher • The O/A must process corrected 50059’s and submit electronically through IMAX. • The O/A should have a negative adjustment on the HAP for the amount owed back to HUD. • The HAP should also have a miscellaneous adjustment for a positive amount to offset the amount taken back. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Repayment Agreement Reported on the Voucher • The miscellaneous adjustment must include the tenant’s name, unit number and reason for adjustment. Ex. Reversal of adjustment due to repayment agreement. • The negative adjustment in the retro adjustment section of the HAP should match the positive adjustment created in the miscellaneous section unless there is a notation explaining the difference. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Repayment Agreement Reported on the Voucher Example: Site submits corrected certifications and the total adjustment based on those certifications submitted is ($750). The positive adjustment should also be for $750 unless another explanation is provided. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Repayment Agreement Reported on the Voucher Common reasons the positive and negative adjustments do not match:
Repayment Agreement. The O/A must go back to the time the unreported or underreporting of income started • The time should not exceed the 5 year limitation that the tenant was receiving the assistance . • O/A has to calculate the difference in the amount of rent the tenant should have paid from what was actually paid. • A record of this calculation must be provided to the tenant and retained in the tenant’s file. NORTH TAMPA HOUSING DEVELOPMENT CORPORATION Three Types of Repayment Options
