Embed
Email

TIC Form

Document Sample
TIC Form
Shared by: HC111125083438
Categories
Tags
Stats
views:
1
posted:
11/25/2011
language:
English
pages:
5
TENANT INCOME CERTIFICATION Effective Date:

Initial Certification Recertification Other: Move-in Date:



PART I - DEVELOPMENT DATA

Property Name: BIN #: PISD:

Address: County: Unit No: # BR:





DEMOGRAPHIC INFO

PART II. HOUSEHOLD COMPOSITION (Required for LIHTC/HMMF Projects)



Date of SSN

Hsld First Name & Middle Relationship F/T

Last Name Birth (last 4 Race Ethnicity Disabled

Mbr # Initial to Head Student

(mm/dd/yyyy) digits)

1 HEAD

2

3

4

5

6

7

8



PART III. GROSS ANNUAL INCOME (USE ANNUAL AMOUNTS)

Hsld

(A) Employment or Wages (B) Soc. Security/Pensions (C) Public Assistance (D) Other Income

Mbr #









TOTALS $0.00 $0.00 $0.00 $0.00

Add totals from (A) through (D), above TOTAL INCOME (E): $0.00



PART IV. INCOME FROM ASSETS

Hshld

(F) Type of Asset (G) C/I (H) Cash Value of Asset (I) Annual Income from Asset

Mbr #









Total Cash Value TOTALS: $0.00 $0.00

If (H) is over $5000 $0.00 X Passbook Rate: 2% = (J) Imputed Income $0.00

Enter the greater of the total of column I, or J: imputed income TOTAL INCOME FROM ASSETS (K) $0.00



(L) Total Annual Household Income from all Sources Add (E) and (K) $0



HOUSEHOLD CERTIFICATION & SIGNATURES

The information on this form will be used to determine maximum income eligibility. I/we have provided for each person(s) set forth in Part II acceptable

verification of current anticipated annual income. I/we agree to notify the landlord immediately upon any member of the household moving out of the unit or any

new member moving in. I/we agree to notify the landlord immediately upon any member becoming a full time student.



Under penalties of perjury, I/we certify that the information presented in this Certification is true and accurate to the best of my/our knowledge and belief. The

undersigned further understands that providing false representations herein constitutes an act of fraud. False, misleading or incomplete information may result in

the termination of the lease agreement.





Signature Date Signature Date



Signature Date Signature HHFDC TIC

Date

1 December 2010

PART V. DETERMINATION OF INCOME ELIGIBILITY

TOTAL ANNUAL HOUSEHOLD LIHTC RECERT ONLY:

Household Meets

INCOME FROM ALL SOURCES: $0 Income Restriction at:

Current Income Limit x 140%:

From item (L) on page 1 $0.00

60% 50% Household Income exceeds

40% 30% 140% at recertification:

Yes No



Current Maximum Income Limit per Family Size:

Household Income at Move-in Household Size at Move-in:





PART VI. RENT

Tenant Paid Rent Rent Assistance Type(s)

Utility Allowance Other non-optional



GROSS RENT FOR UNIT: Unit Meets Rent Restriction at:

$0.00

(Tenant paid rent plus Utility Allowance 60% 50% 40%

& other non-optional charges) 30%



LITHC Maximum Rent Limit for this unit:





PART VII. STUDENT STATUS

ARE ALL OCCUPANTS FULL TIME STUDENTS? If yes, Enter student explanation* * Student Explanation:

yes no (also attach documentation) 1 TANF assistance

Enter 1-5: 2 Job Training Program

3 Single parent/dependent child

4 Married/joint return

5 Formerly in foster care



PART VIII. PROGRAM TYPE

Mark the program(s) listed below (a. through e.) for which this household’s unit will be counted toward the property’s occupancy requirements. Under

each program marked, indicate the household’s income status as established by this certification/recertification.







a. Tax Credit b. HOME c. Tax Exempt d. e.

(Name of Program) (Name of Program)



See Part V above. Income Status Income Status Income Status Income Status

<=50% AMGI <=50% AMGI

<=60% AMGI <=60% AMGI

<=80% AMGI <=80% AMGI

OI** OI** OI**

OI**





** Upon recertification, household was determined over-income (OI) according to eligibility requirements of the program(s) marked above.



SIGNATURE OF OWNER/REPRESENTATIVE

Based on the representations herein and upon the proofs and documentation required to be submitted, the individual(s) named in Part II of this Tenant

Income Certification is/are eligible under the provisions of Section 42 of the Internal Revenue Code, as amended, and the Land Use Restriction

Agreement (if applicable), to live in a unit in this Project.





SIGNATURE OF OWNER/REPRESENTATIVE DATE









HHFDC TIC

2 December 2010

Rental Assistance Program

TIC Worksheet



GENERAL RAP REQUIREMENTS

To qualify for residence in an Eligible Project, an applicant must:

Meet the qualified owner’s reasonable tenant selection requirement designed to select responsible tenants

Meet the program income limits

To be eligible for RAP, an applicant must:

Not have had rental assistance payments previously terminated because of fraud.

Meet the program income limits

Total Annual Household Income from All Sources $0

Rental Assistance Annual Income Limit for Family Size (80% of Median Income)

Household eligible or ineligible for RAP:



RENT & SUBSIDY BREAKDOWN: RAP, S8 VOUCHER, AND/OR RENTAL SUPPLEMENT



I. Rental Assistance Program

1. Contract Rent Utility Allowance (UA) Paid by Tenant

2. Less Tenant Contribution Total Household Income/12 x 30% less UA if tenant pays

3. Remaining Rent Due Line 1 minus Line 2.

4. Less Rental Assistance Payment Maximum Payment allowed is:

5. Shortfall Due from Tenant Line 3 minus Line 4.

6. Total Tenant Contribution Line 2 plus Line 5. Cannot exceed limit above.





II. Rental Assistance Program and Rent Supplement Program *

1. Contract Rent Utility Allowance (UA) Paid by Tenant

2. Less Tenant Contribution Total Household Income/12 x 30% less UA if tenant pays

3. Remaining Rent Due Line 1 minus Line 2.

4. Less Rental Assistance Payment Maximum Payment allowed is:

5. Remaining Rent Due Line 3 minus Line 4.

6. Apply Rent Supplement Payment

a. Total Tenant Obligation Line 2 plus Line 5.

b. Less Rent Supplement Payment Provided by Rent Supplement Office

c. Shortfall Due to Tenant **

7. Total Tenant Contribution Cannot exceed limit above.





III. Rental Assistance Program and Section 8 Voucher Program *

1. Contract Rent

2. Less Rental Assistance Payment Maximum Payment allowed is:

3. Net Rent to Section 8 Payment Standard less utilities

4. Less Section 8 Subsidy Payment As Determined by State/City/County Section 8

5. Total Tenant Contribution As Determined by State/City/County Section 8



*Changes need to be reported to the appropriate Rent Supplement or Section 8 office.

** If there is a negative shortfall due to the tenant, the Rental Assistance Portion should be adjusted to prevent

overpayments.





HHFDC RAP TIC Worksheet

December 2010

SELF-CERTIFICATION OF ANNUAL INCOME (LIHTC Only)

To be completed for the second annual recertification and Effective Date:

all subsequent recertifications in 100% tax credit projects.

Move-in Date:



PART I - DEVELOPMENT DATA



Property Name: BIN #: PISD:

Address: County: Unit No: # BR:







SECTION TO BE COMPLETED BY RESIDENT

HOUSEHOLD: Enter all household member name(s) and date(s) of birth below. Also note whether or not any household member is or

will be a fulltime student in next 12 months. Continue on separate sheet of paper if necessary.

PART II. HOUSEHOLD COMPOSITION DEMOGRAPHIC INFO**

SSN

Hsld First Name & Middle Relationship to Date of Birth F/T

Last Name (last 4 Race Ethnicity Disabled

Mbr # Initial Head (mm/dd/yyyy) Student

digits)



1 HEAD

2

3

4

5

6

7

8

* If all occupants are full time students, attach completed Housing Student Status Verification form.

** For Demographic Codes, reference Tenant Income Certification (TIC) Instructions.





PART III. GROSS ANNUAL INCOME (USE ANNUAL AMOUNTS)

INCOME: Enter household income including income from assets of each adult household member. If some members have no income put

“Zero.” Every adult Household member must sign below to certify their gross annual income anticipated for the next 12 months. See

NOTES on second page of this form. Continue on separate sheet of paper if necessary.



Hsld Gross Annual Income & Income

Signature of Adult(s)

Mbr # from Assets



1

2

3

4

5

6

7

8

Total Annual Household Income from all Sources $0





HHFDC LIHTC Self-Certification of Annual Income

4 November 2010

Property Name: 0 Unit: 0

Household Name: 0 BIN: 0





I agree to notify management IMMEDIATELY if:

w Anyone in my household becomes a fulltime student, and/or

w My household composition changes in any way.



I certify under penalties of perjury that the above information is true and complete to the best of my knowledge. I understand that false or

incomplete information is a violation of the terms of my lease and is grounds for eviction. I agree to furnish any additional income or other

documentation required by the property owner/management to document my/our household income:







Head of Household Signature Print Name Date





Other Household Adult Signature Print Name Date





Other Household Adult Signature Print Name Date





Other Household Adult Signature Print Name Date



NOTES

Types of Income: Possible types of income include but are not limited to: wages, salary, tips, bonuses, commissions, military

pay, public assistance, Social Security/SSI, retirement benefits, VA benefits, child support, regular gifts, unemployment, and

some types of financial aid, and income earned on assets (checking, savings, IRA, etc.). Include what you receive now and

what you anticipate receiving in the next 12 months. All income listed must be GROSS income (income before taxes and

deductions).



Income from Assets: Income from assets must also be included in Total Gross Annual Income. Possible types of assets

include, but are not limited to: checking accounts, savings accounts, cash on hand, money market accounts, certificates of

deposit, stocks, bonds, 401(k) and real estate. Include the annual interest from these accounts in your total income.





SECTION TO BE COMPLETED BY MANAGEMENT





MOVE-IN: CURRENT RECERTIFICATION:

Original Move-In Date: 01/00/00 Effective Date of Recertification: 01/00/00

Set-Aside %: Total Gross Annual Income: $0.00

Household Portion of Rent:

Total Annual Household

Income at Move-In: Utility Allowance:

Subsidy Portion:

Subsidy Type:









Signature of Management Representative Print Name Date



HHFDC LIHTC Self-Certification of Annual Income

5 November 2010


Related docs
Other docs by HC111125083438
PowerPoint Presentation
Views: 0  |  Downloads: 0
El uso y abuso del himnario
Views: 0  |  Downloads: 0
White-Tailed Deer
Views: 4  |  Downloads: 0
Slide 1 - MIT
Views: 1  |  Downloads: 0
Draft Agenda
Views: 0  |  Downloads: 0
Algebra 1
Views: 1  |  Downloads: 0
AP Statistics
Views: 2  |  Downloads: 0
FE_csv
Views: 58  |  Downloads: 0
South Mailing
Views: 1  |  Downloads: 0
SEGUNDA EP�STOLA A TIMOTEO
Views: 0  |  Downloads: 0
By registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!