Memorandum February 5, 2002: Fact Sheets for Project-Based Assistance Programs
OAs’ Responsibilities:
HUD Handbook 4350.3 REV-1 — Occupancy Requirements of Subsidized Multifamily Housing Programs · 2026 edition · updated 2026-10-05 · United States
Obtain accurate income information
Verify resident income
Below Market Interest Rate (BMIR)
Ensure residents receive the exclusions to which they are entitled
Accurately calculate Tenant Rent
Provide tenants a copy of lease agreement and income and rent determinations
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