The U.S. Department of Housing and Urban Development (HUD) has delayed, to September 30th, of the effective date for a final rule entitled, “˜”˜Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs.” The rule calls for an upfront income verification process for program participants and requires the use of HUD’s Enterprise Income Verification (EIV) system by public housing agencies and owners and management agents. Comments on the contemplated delay and/or the final ruling must be submitted to HUD by March 13. read more…
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