Income Certification. Borrower shall obtain, complete, and maintain on file, within sixty (60) days before expected occupancy and annually thereafter, income certifications from each Tenant renting any of the County-Assisted Units. Borrower shall make a good faith effort to verify the accuracy of the income provided by the applicant or occupying household, as the case may be, in an income certification. To verify the information, Borrower shall take two or more of the following steps: (i) obtain a pay stub for the most recent pay period; (ii) obtain an income tax return for the most recent tax year; (iii) conduct a credit agency or similar search; (iv) obtain an income verification form from the applicant's current employer; (v) obtain an income verification form from the Social Security Administration and/or the California Department of Social Services if the applicant receives assistance from either of such agencies; or (vi) if the applicant is unemployed and does not have a tax return, obtain another form of independent verification. Where applicable, Borrower shall examine at least two (2) months of relevant source documentation. Copies of Tenant income certifications are to be available to the County upon request.
Income Certification. Borrower also covenants and agrees to verify that the income information provided by an applicant or occupying household in an income certification affidavit or certificate is in compliance with the guidelines of Section 42 of Code for the Low Income Housing Tax Credit Program.
Income Certification. The Borrower or its designated agent shall obtain from each Tenant leasing an Income-Restricted Unit on the Property information regarding annual income in order to ensure that the Tenant meets the income eligibility criteria for the Income-Restricted Unit. The Tenant must continue to meet these criteria in order to continue to lease the Income-Restricted Unit. The Tenant’s income must be certified annually at the beginning of each lease year. The attached form is to be used for the initial certification of income and each annual recertification. Third party verification of income is required and copies of Federal and State income tax returns, W-2 forms, pay stubs or statements from employers may be requested. The certification form must be notarized. The Borrower or its designated agent shall maintain on file for the Arlington County Housing Development Office the initial income certification for each Income Restricted Unit and the annual recertification that establishes continuing eligibility of each Tenant to lease the Income Restricted Unit. INCOME CERTIFICATION FORM Property Name Unit Number I/We, the undersigned, certify that this Income Certification is being prepared to determine eligibility for occupancy of an Income Restricted Unit NEW RECERTIFICATION DATE LAST CERTIFIED PART I – OCCUPANTS Household Name Member Relationship to Applicant Age Full-time Student (Yes/ No) 1.
Income Certification. Borrower shall obtain, complete, and maintain on file, immediately prior to initial occupancy and annually thereafter, income certifications from each Tenant renting any of the County-Assisted Units. Borrower shall make a good faith effort to verify the accuracy of the income provided by the applicant or occupying household, as the case may be, in an income certification. To verify the information Borrower shall take two or more of the following steps: (i) obtain a pay stub for the most recent pay period; (ii) obtain an income tax return for the most recent tax year; (iii) conduct a credit agency or similar search; (iv) obtain an income verification form from the applicant's current employer; (v) obtain an income verification form from the Social Security Administration and/or the California Department of Social Services if the applicant receives assistance from either of such agencies; or (vi) if the applicant is unemployed and does not have a tax return, obtain another form of independent verification. Copies of Tenant income certifications are to be available to the County upon request.
Income Certification. (a) Borrower shall obtain, complete, and maintain on file, immediately prior to initial occupancy and annually thereafter, income certifications from each Tenant renting any of the County-Assisted Units. Borrower shall make a good faith effort to verify the accuracy of the income provided by the applicant or occupying household, as the case may be, in an income certification. To verify the information Borrower shall take two or more of the following steps:
Income Certification. Borrower shall obtain, complete, and maintain on file, within sixty (60) days before expected occupancy and annually thereafter, income certifications from each Tenant renting any of the HOME/CDBG-Assisted Units. Borrower shall make a good faith effort to verify the accuracy of the income provided by the applicant or occupying household, as the case may be, in an income certification. To verify the information, Borrower shall take two or more of the following steps: (i) obtain a pay stub for the most recent pay period; (ii) obtain an income tax return for the most recent tax year; (iii) conduct a credit agency or similar search; (iv) obtain an income verification form from the applicant's current employer;
Income Certification. The Developer will obtain, complete and maintain on file, immediately prior to initial occupancy and annually thereafter, income certifications for each Tenant renting any of the Affordable Rental Units. Developer shall verify that the income statement provided by an applicant or Tenant is accurate by taking two or more of the following steps as a part of the verification process: (i) obtain a minimum of the three (3) most current pay stubs for all adults age eighteen (18) or older; (ii) obtain an income tax return for the most recent tax year; (iii) conduct a credit agency or similar search; (iv) obtain the three (3) most current savings and checking account bank statements; (v) obtain an income verification form from the applicant's current employer; (vi) obtain an income verification form from the Social Security Administration and/or the California Department of Social Services if the applicant receives assistance from either of such agencies; or (vii) if the applicant is unemployed and has no such Regulatory Agreement tax return, obtain another form of independent verification. Copies of Tenant income certifications shall be made available to the City upon request.
Income Certification. Tenant has or will complete and execute an Income Certification Form prior to commencement of the initial lease term, 381 and any consecutive lease terms, and shall complete and execute further Income Certification Forms at Landlord’s request at least annually 382 hereafter. Upon request by Xxxxxxxx, Tenant shall recertify Tenant’s household income to Landlord or any governmental or quasi-governmental 383 agency in a manner satisfactory to Landlord, and shall complete any and all other certifications and supply further documentation with respect to 384 income and occupancy of the premises as may be reasonably requested by Landlord. Failure to provide accurate and timely income certification 385 will constitute a breach of this lease. Documentation, including the annual recertification questionnaire, must be returned to the office located at 386 000 X Xxxx Xxxxxx, Xxxxxxx, XX 00000 within 30 days of receipt, completely filled out. Refusal to do so constitutes a breach of this lease. 387 Tenant understands that CAP Services must recertify their income on a yearly basis and must receive recertification paperwork back in CAP 388 Services Wautoma office in a timely manner. This process begins 120 days before the lease end date, to provide enough time to verify all income 389 and assets. If the tenant refuses to return the questionnaire and other requested paperwork within 30 days of receiving it, it will be considered a 390 violation of this lease.
Income Certification. Borrower shall (i) obtain, complete, and maintain on file, until six
Income Certification. My attached income certification is true, correct, and complete. I agree to provide a similar certification annually upon request during the term of my occupancy.
