Total Tenant Payment definition

Total Tenant Payment means the payment as defined in 24 CFR Part 5.

Total Tenant Payment means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities. [Eff: 5/13/2002; am and ren §17-2036-2 ] (Auth: HRS [§201G-15] §§356D-4, 356D-13) (Imp: HRS [§201G-15;] §356D-13; 24

Total Tenant Payment means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities. [Eff: ] (Auth: HRS

Examples of Total Tenant Payment in a sentence

• Regular contributions and gifts received from persons outside the household are counted as income for calculation of the Total Tenant Payment.

• Regular alimony and child support payments are counted as income for calculation of Total Tenant Payment.

• For purposes of calculating the Total Tenant Payment, HUD defines what is to be calculated and what is to be excluded in the federal regulations.

• These include differences in the inherent costs of installing and 21 maintaining copper and fiber lines, and the fact that fiber is widely used in non-FTTP 22 applications, such as feeder cable, SONET services, and fiber-to-the-cell-site, that do not 1 relate to corresponding access line counts.

• Any change in the family’s income or other circumstances that re- sults in an adjustment in the Total Tenant Payment, Tenant Rent and Housing Assistance Payment must be verified.

• Income generated from some assets is used in the calculation of annual income for the purpose of determining the Total Tenant Payment.

• The participant pays the greater of the Total Tenant Payment or the minimum rent, plus the amount by which the gross rent exceeds the payment standard.

• Tenant rent is computed by subtracting the utility allowance for tenant supplied utilities (if applicable) from the Total Tenant Payment.

• Upon verification of the in- formation, the owner must make ap- propriate adjustments in the Total Tenant Payment in accordance with part 5 of this title and determine whether the family’s unit size is still appropriate.

• This chapter defines the allowable deductions from annual income and how the presence or absence of household members may affect the Total Tenant Payment (TTP).

More Definitions of Total Tenant Payment

Total Tenant Payment or “TTP” means the highest of:

Total Tenant Payment means the highest of the following amounts, rounded to the nearest dollar: (a) 30 percent of the family’s monthly adjusted income; (b) 10 percent of the family’s monthly income; (3) if the family is receiving payment for welfare assistance from a public agency and a part of those payments, adjusted in accordance with the family’s actual housing costs, is specifically designated by such agency to meet the family’s housing costs, the portion of those payments so designed, and (d) the minimum rent for section 8 programs established at 24 Code of Federal Regulations 5.630(a).

Total Tenant Payment. (TTP) means the total amount the HUD rent formula requires the tenant to pay toward rent and utilities.