7-6 Overview of Annual — HUD Handbook 4350.3 REV-1

It is the owner’s responsibility to process all recertifications in a timely manner. HUD Headquarters will terminate a certification if a new recertification is not submitted within 15 months of the previous year’s recertification anniversary date. HUD has instructed Contract Administrators to terminate assistance payments to an owner if a new annual recertification has not been completed and submitted through TRACS within 15 months after the previous year’s anniversary date. Owners must repay, by making an adjustment to the voucher, the assistance collected for the 3-month period from the date the annual recertification should have been effective through the end of the 15[th] month when assistance was terminated. Once the new certification is processed, owners must follow the guidance in paragraph 7-8 for determining the effective date for changes in the TTP, tenant rent and assistance payment when the recertification is delayed.

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

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7-8

Section 1: Annual Recertification

4350.3 REV-1

A. Owners and tenants must complete the applicable steps listed in Figure 7-3.
B. Owners must maintain a tracking system to facilitate timely completion of recertifications.
C. To enable owners to give the tenant the required 30-day advance notice of any increase in the TTP or tenant rent, Steps 1 through 6 in Figure 7-3 should be completed at least 35 days before the recertification anniversary date.