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• The reason for the debt, including whether the debt was the result of family <br />action/inaction or circumstances beyond the family's control <br />• The family's current and potential income and expenses <br />• The family's current family share, as calculated under 24 CFR 982.515 <br />• The family's history of meeting its financial responsibilities <br />Execution of the Agreement <br />SAHA Policv <br />Any repayment agreement between SAHA and a family must be signed and dated by <br />SAHA and by the head of household and spouse/co-head (if applicable). <br />Due Dates <br />SAHA Policv <br />All payments are due by the close of business on the 1 St day of the month. <br />Late or Missed Payments <br />SAHA Policv <br />If a payment is not received by the end of the business day on the date due, and prior <br />approval for the missed payment has not been given by SAHA, SAHA will send the <br />family a delinquency notice giving the family until the next scheduled payment to make <br />the note current. If the payment is not received by the second and final due date, it will be <br />considered a breach of the agreement and SAHA will proceed with termination of <br />assistance in accordance with the policies in Chapter 12. <br />For families requesting to exercise portability, all debts owed to SAHA must be paid in <br />full prior to SAHA approval of portability. <br />No Offer of Repayment Agreement <br />SAHA Policv <br />SAHA will not enter into a repayment agreement with a family if the family has a current <br />or past repayment agreement. Any amount that is owed by the family will need to be <br />paid in full within 60 days of meeting with SAHA to sign acknowledgement of debt <br />owed. <br />Repayment Agreements Involving Improper Payments <br />Notice PIH 2O10-19 requires certain provisions to be included in any repayment agreement <br />involving amounts owed by a family because it underreported or failed to report income: <br />A reference to the items in the family briefing packet that state the family's obligation to <br />provide true and complete information at every reexamination and the grounds on which <br />SAHA may terminate assistance because of a family's action or failure to act <br />• A statement clarifying that each month the family not only must pay to SAHA the monthly <br />payment amount specified in the agreement but must also pay to the owner the family's <br />monthly share of the rent to owner <br />4-54 <br />