Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs
OAs’ Responsibilities:
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-07-29 · United States
Obtain accurate income information
Verify resident income
Ensure residents receive the exclusions and deductions to which they are entitled
Accurately calculate Tenant Rent
Provide tenants a copy of lease agreement and income and rent determinations
Recalculate rent when changes in family composition are reported
Recalculate rent when resident income decreases
But not more than Market Rent
Section 236 WITH Utility Allowance ; the highest of:
30% of the family’s monthly adjusted income less the Utility Allowance
25% of the family’s monthly adjusted income
Basic Rent
But not more than Market Rent
A Utility Allowance is approved by HUD when the cost of all or a portion of the utilities (except telephone) is not included in the unit rent and payment for the utilities is the responsibility of the family occupying the unit.
The utility allowance is not meant to pay all actual utility costs, but rather it is an allowance provided to the family to assist them in payment of their utility expenses.
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Ask AI about this code▸ Contents — HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs
- HUD Handbook 4350.3: Occupancy Requirements of Subsidized Mult…
- Exhibit 3-12: Section 8, RAP, and Rent Supplement Programs – S…
- Exhibit 3-13: Section 236 Without Additional Assistance – Spec…
- Exhibit 3-14: Section 236 With Benefit of Additional Assistanc…
- Document Package for Applicant's/Tenant's Consent to the Relea…
- Exhibit 7-2: Sample Annual Recertification First Reminder Notice
- Exhibit 7-4: Sample Annual Recertification Third Reminder Noti…
- SAMPLE TENANT CONSENT TO DISCLOSE EIV INCOME INFORMATION
- Applying the Model Lease for Subsidized Programs to Individual…
- Applying the Model Leases for Section 202 PRAC and Section 811…
- Sample Move-In/Move-Out Inspection Form
-
▸ Memorandum February 5, 2002: Fact Sheets for Project-Based Ass…
Overview- OAs’ Responsibilities:
- “HOW YOUR RENT IS DETERMINED”
- Office of Housing
- Residents’ Responsibilities:
- Why Determining Income and Rent Correctly is Important
- Income Determinations
- What is Annual Income?
- Below Market Interest Rate (BMIR) Rent Formula:
- Income and Assets
- Annual Income Includes:
- Assets Include:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- FACT SHEET For HUD ASSISTED RESIDENTS
- Project-Based Section 8
- Office of Housing
- Residents’ Responsibilities:
- Why Determining Income and Rent Correctly is Important
- Income Determinations
- What is Annual Income?
- What is Adjusted Income?
- Project-Based Section 8 Rent Formula:
- Income and Assets
- Annual Income Includes:
- Assets Include:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Deductions:
- Legislation:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- FACT SHEET For HUD ASSISTED RESIDENTS
- “HOW YOUR RENT IS DETERMINED”
- Residents’ Responsibilities:
- Why Determining Income and Rent Correctly is Important
- What is Annual Income?
- What is Adjusted Income?
- Rental Assistance Payment (RAP) Rent Formula:
- Income and Assets
- Assets Include:
- Annual Income Includes:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- Deductions:
- “HOW YOUR RENT IS DETERMINED”
- Residents’ Responsibilities:
- Why Determining Income and Rent Correctly is Important
- What is Annual Income?
- What is Adjusted Income?
- OAs’ Responsibilities:
- Income and Assets
- Annual Income Includes:
- Assets Include:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- Deductions:
- FACT SHEET For HUD ASSISTED RESIDENTS
- Residents’ Responsibilities:
- “HOW YOUR RENT IS DETERMINED”
- Income Determinations
- Why Determining Income and Rent Correctly is Important
- What is Adjusted Income?
- Determining Tenant Rent
- OAs’ Responsibilities:
- Income and Assets
- Annual Income Includes:
- Assets Include:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- Deductions:
- FACT SHEET For HUD ASSISTED RESIDENTS
- Section 236
- “HOW YOUR RENT IS DETERMINED”
- June 2007
- Income Determinations
- Why Determining Income and Rent Correctly is Important
- What is Adjusted Income?
- Section 236 Rent Formulas:
- OAs’ Responsibilities:
- Income and Assets
- Annual Income Includes :
- Assets Include:
- Assets Do Not Include:
- Exclusions from Annual Income:
- Federally Mandated Exclusions:
- Regulations:
- Handbook:
- Notices:
- For More Information:
- Deductions: