Exhibit 7-4: Sample Annual Recertification Third Reminder Notice/Notice of Termination
5. New Admissions
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States
For all new admissions, including Initial Certifications (IC), the owner must:
a. Review the Income Report within 90 days after transmission of the move-in certification to TRACS to confirm/validate the income reported by the household.
b. Resolve any income discrepancies with the household within 30 days of the Income Report date.
c. Print and retain the Income Report in the tenant file along with any documentation received to resolve income discrepancies, if applicable.
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