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4 - UPDATE_TO_HCV_ADMIN_PLAN_202012-01
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4 - UPDATE_TO_HCV_ADMIN_PLAN_202012-01
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12/14/2020 11:38:23 AM
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12/1/2020 9:32:33 AM
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City Clerk
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Community Development
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4
Date
12/1/2020
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SAHA Policv <br />SAHA staff will document in the file the date and time of the telephone call or visit, the <br />name of the person contacted, the telephone number, as well as the information/facts <br />provided. <br />When any source responds verbally to the initial written request for verification, SAHA <br />staff will accept the verbal response as oral verification but will also request that the <br />source complete and return any verification forms that were provided. <br />When Third -Party Verification is Not Required [Notice PIH 2O10-191 <br />Third -party verification may not be available in all situations. HUD has acknowledged that it <br />may not be cost-effective or reasonable to obtain third -party verification of income, assets, or <br />expenses when these items would have a minimal impact on the family's total tenant payment. <br />SAHA Policv <br />If the family cannot provide original documents, SAHA will pay the service charge <br />required to obtain third -party verification, unless it is not cost effective in which case a <br />self -certification will be acceptable as the only means of verification. SAHA will also <br />consider that third -party verification is not available when there is a service charge for <br />verifying an asset or expense. The cost of verification will not be passed on to the <br />family. <br />The cost of postage and envelopes to obtain third -party verification of income, assets and <br />expenses is not an unreasonable cost [VG. P. 18]. <br />Primary Documents <br />Third -party verification is not required when legal documents are the primary source, such as a <br />birth certificate or other legal documentation of birth. <br />Imputed Assets <br />HUD permits PHAs to accept a self -certification from a family as verification of assets disposed <br />of for less than fair market value [HCV GB, p. 5-28]. <br />SAHA Policy <br />SAHA will not accept a self -certification from a family as verification of assets disposed <br />of for less than fair market value. <br />Value of Assets and Asset Income [24 CFR 982.516(a)] <br />For families with net assets totaling $5,000 or less, SAHA may accept the family's declaration of <br />asset value and anticipated asset income. However, SAHA is required to obtain third -party <br />verification of all assets regardless of the amount during the intake process and at least every <br />three years thereafter. <br />SAHA Policv <br />For families with net assets totaling $5,000 or less, SAHA will accept the family's self - <br />certification of the value of family assets and anticipated asset income when applicable. <br />The family's declaration must show each asset and the amount of income expected from <br />4-10 <br />
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