Examples of Income Certification in a sentence
Upon verification of all income and asset sources disclosed on the application and any additional information found in the documentation submitted by the tenant, the next step is to annualize the sources on the Income Certification Form, add them together, and compare to the applicable income limit for household size which can be found at http://www.tdhca.state.tx.us/pmcomp/irl/index.htm.
A full tenant file will include: application, verifications of all sources of income and assets, Income Certification, first and signatory pages of the lease, and Tenant Rights and Resources Guide Acknowledgement.
Respondent failed to provide Tenant Income Certification and Documentation for units 115, 253, 255, a violation of 10 TAC §10.612 (Tenant File Requirements) and Section 2(b) of the Finley Bond LURA, which require Bond developments with less than 100% of units set aside for low income households to annually recertify each household.
Please remember that the application, verifications of income and assets, and the Income Certification must be dated within 120 days of one another.7. Household income above limit upon initial occupancy / Program Unit not leased to Low- Income Household, affecting units 1014, 1026, 1111, 1113, 1233, 1235, 1335, 412, 416, 514, 621, 717, 722, 726, 811, 814, 825, 913, 923 and 925:i.
Tenant Income Certification Forms for no less than 50% of the existing residents 11.