COS HUD Compliance & Regulatory Requirements Flashcards
6 cards from real COS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 COS HUD Compliance & Regulatory Requirements flashcards as text
How far in advance must owners typically begin the annual recertification process before the tenant's certification anniversary date?
Answer: 90 days
Owners must begin the annual recertification process approximately 90 days before the tenant's certification anniversary date to ensure timely completion.
What is the purpose of a Tenant Selection Plan in HUD-assisted properties?
Answer: To document the owner's written policies for selecting applicants fairly and consistently
The Tenant Selection Plan is a written policy document establishing fair, consistent, and non-discriminatory procedures for selecting applicants from the waiting list.
Which HUD forms are used to document a tenant's consent to release information for income verification?
Answer: HUD-9887 and HUD-9887-A
HUD forms 9887 and 9887-A are the consent forms authorizing owners and HUD to verify tenant income and information from third-party sources.
In the context of HUD income inclusions, what does 'de minimis' income mean?
Answer: Small or incidental income amounts excluded from the annual income calculation
De minimis income refers to small or incidental amounts that fall below a specified threshold and are excluded from the annual income calculation under HUD guidelines.
Under HUD's Violence Against Women Act (VAWA) requirements, which form must owners provide to all applicants and tenants?
Answer: HUD-5380
HUD form 5380, the Notice of Occupancy Rights under VAWA, must be provided by owners to all applicants and tenants as required by VAWA regulations.
What does HUD's Tenant Selection Plan requirement regarding waiting lists mandate?
Answer: Owners must maintain waiting lists in a consistent, non-discriminatory manner and document their policies
Owners must maintain waiting lists in a consistent, non-discriminatory manner and document their selection policies to ensure fair and equal access to housing.
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