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Industry News Categories

  • APPS (5)
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  • Certs/ 50059s (Including income/assets/expenses) (65)
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December 20, 2024 in Certs/ 50059s (Including income/assets/expenses)

Medical Expenses: New Mileage Rates Posted for 2025

PMCS 0 Like Post Comments Off on Medical Expenses: New Mileage Rates Posted for 2025

Many times our residents have medical expenses that include automobile expenses.  If you are calculating medical expenses that include that type of transportation, this is vital information.  The Inte ...

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August 12, 2024 in Certs/ 50059s (Including income/assets/expenses), HOTMA

2025 Inflationary Adjustments

PMCS 0 Like Post Comments Off on 2025 Inflationary Adjustments

The 2025 Inflationary Adjustments have been posted here.Items to note:New Asset Threshold of $51,600New Asset Limitation of $103,200New Passbook Rate of 0.45%Deductions remain the sameApplicability: P ...

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March 25, 2024 in Certs/ 50059s (Including income/assets/expenses), Multifamily Housing News, Tenant Income

Tenant Recertification Flexibilities

PMCS 0 Like Post Comments Off on Tenant Recertification Flexibilities

HUD would like to remind owners/agents participating in HUD Multifamily project-based rental assistance programs of flexibilities using recertifications to help support residents who are in rent arrea ...

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January 1, 2023 in Certs/ 50059s (Including income/assets/expenses)

Medical Expenses: New Mileage Rates

PMCS 0 Like Post Comments Off on Medical Expenses: New Mileage Rates

Many times our residents have medical expenses that include automobile expense. If you are calculating medical expenses that include that type of transportation, this is vital information. The Interna ...

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May 18, 2021 in Certs/ 50059s (Including income/assets/expenses), RHIIP Listserv

RHIIP Listserv Posting #456: Reminder – Income Limits on HUD-50059

PMCS 0 Like Post Comments Off on RHIIP Listserv Posting #456: Reminder – Income Limits on HUD-50059

RHIIP Listserv Posting #456: Reminder – Income Limits on HUD-50059 This is a reminder regarding the timing of determinations of income eligibility.  As explained in HUD Handbook 4350.3, REV-1, pa ...

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June 8, 2020 in Certs/ 50059s (Including income/assets/expenses), HUD Notices, Tenant Income

Notice of Excluded Income from Census Bureau Workers

PMCS 0 Like Post Comments Off on Notice of Excluded Income from Census Bureau Workers

Recently, the Office of Multifamily Housing published a notice regarding the exclusion of temporary employment payments received from the U.S. Census Bureau from annual income. This Notice applies ...

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June 19, 2017 in Certs/ 50059s (Including income/assets/expenses), Q&A

Q & A: How long is paperwork good?

PMCS 0 Like Post Comments Off on Q & A: How long is paperwork good?

Q & A: How long is paperwork good? Question: On May 23, a tenant brought me in her pension statement dated March 31, 2017. Can I use it for her August 1, 2017 AR? Additional Info: The document ap ...

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March 30, 2017 in Certs/ 50059s (Including income/assets/expenses), Q&A

Q & A: Military Veteran on Application?

PMCS 0 Like Post Comments Off on Q & A: Military Veteran on Application?

Q & A: Military Veteran on Application? Question: Was I supposed to update my application to ask if someone is a military veteran? What do I have to ask? I can’t see anything in HUD Handbook 4350 ...

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March 10, 2017 in Breaking News, Certs/ 50059s (Including income/assets/expenses)

Having Trouble Transmitting?

PMCS 0 Like Post Comments Off on Having Trouble Transmitting?

Having Trouble Transmitting? Due to a recent change in the iMAX system, the capitalization of the TRACM portion of the TRACSMail ID has become important in the log-in authorization step. The TRACS te ...

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July 18, 2016 in Certs/ 50059s (Including income/assets/expenses), Q&A

Q and A – What do I compare to Income Limits?

PMCS 0 Like Post Comments Off on Q and A – What do I compare to Income Limits?

Q and A - What do I compare to Income Limits? Question: When I’m checking to see if an applicant household qualifies based on income limits, do I look at the household’s annual income or adjust ...

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