04 040113 HA ADMINPLAN EX 2 - Laserfiche WebLink

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• An insured or non-insured Section 23 6 proj ect; • A formerly insured ornon-insured Section 236 project that continues to receive Interest Reduction Payment following a decoupling action; • A Section 221(4)(3) below market interest rate (WHIR) project; • A Section 515 project of the Rural Housing Service; • Any other type of federally subsidized project specified by HUD. Combining Subsidy Rent to owner may not exceed any limitation required to comply with HUD subsidy layering requirements. Rent Control [24 CFR 983.305] In addition to the rent limits set by PBV program regulations, the amount of rent to owner may also be subject to rent control or other limits under local, state, or federal law. PART IX: PAYMENTS TO OWNER 17-IX.A. HOUSING ASSISTANCE PAYMENTS [24 CFR 983.351] During the term of the HAP contract, SARA will make housing assistance payments to the owner in accordance with the terms of the HAP contract. During the term of the HAP contract, payments must be made for each month that a contract unit complies with HQS and is leased to and occupied by an eligible family. The housing assistance payment must be paid to the owner on or about the first day of the month for which payment is due, unless the owner and SARA agree on a later date. Except for discretionary vacancy payments, SARA may not make any housing assistance payment to the owner for any month after the month when the family moves out of the unit (even if household goods or property are left in the unit). The amount of the housing assistance payment by SARA is the rent to owner minus the tenant rent (total tenant payment minus the utility allowance). In order to receive housing assistance payments, the owner must comply with all provisions of the HAP contract. Unless the owner complies with all provisions of the HAP contract, the owner does not have a right to receive housing assistance payments. 17-IX.B. VACANCY PAYMENTS [24 CFR 983.352] If an assisted family moves out of the unit, the owner may keep the housing assistance payment for the calendar month when the family moves out. If SARA determines that the owner is responsible for a vacancy and, as a result, is not entitled to the keep the housing assistance payment, SARA will notify the landlord of the amount of housing assistance payment that the owner must repay. SARA will require the owner to repay the amount owed in accordance with the policies in Section 16-IV.B. o~ro2~i2 Page 17-29