7-13 Effective Date of Interim — HUD Handbook 4350.3 REV-1

A. Owners must provide the tenant with written notice of the effective date and the amount of the change in TTP or tenant rent resulting from the interim recertification.
B. For interim recertifications, both the change in assistance payment and change in TTP or tenant rent are effective on the same day.
C. If the tenant complies with the interim reporting requirements, rent changes must be implemented as follows:
1. Rent increases. If the tenant’s rent increases because of an interim adjustment, the owner must give the tenant 30 days advance notice of the increase. The effective date of the increase will be the first of the month commencing after the end of the 30-day period.

HUD Multifamily Occupancy Handbook Chapter 7: Recertification, Unit Transfers, and Gross Rent Changes

8/13

7-27

Section 3: Unit Transfers

4350.3 REV-1

Rent decreases. If the tenant’s rent will decrease, the change in rent is effective on the first day of the month after the date of action that caused the interim certification, e.g., first of the month after the date of loss of employment. A 30-day notice is not required for rent decreases.

D. If the tenant does not comply with the interim reporting requirements, and the owner discovers the tenant has failed to report changes as required in paragraph 7-10, the owner initiates an interim recertification and implements rent changes as follows:
1. Rent increases. Owners must implement any resulting rent increase retroactive to the first of the month following the date that the action occurred.
2. Rent decreases. Any resulting rent decrease must be implemented effective the first rent period following completion of the recertification.