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201109462 <br /> Column(I): Enter the anticipated annual income from the asset(i.e.,savings account balance multiplied by the annual <br /> interest rate). <br /> TOTALS: Add the total of Columns(H)and(I),respectively. <br /> If the total in Column(H)is greater than$5,000,you must do an imputed calculation of asset income. Enter the Total Cash Value, <br /> multiply by 2%and enter the amount in Column(J),Imputed Income. <br /> Box(K): Enter the greater of the total in Column(I)or(J). <br /> Box(L): Total Annual Household Income From all Sources. Add(E)and(K),and enter the total. <br /> Effective Date of Enter the effective date of the income certification corresponding to the totai annual household income <br /> Certification: entered in Box L. If annual income certification is not required,this may be different from the effective date <br /> listed in Part I. <br /> Household Size at Enter the number of tenants corresnonding to the total annual household income entered in Box L. If annual <br /> Certification: income certification is not reqnired,this may be different from the number of tenants listed in Part II. <br /> HOUSEHOLD CERTIFICATION AND SIGNATURES <br /> After all verifications of income and/or assets have been received and calculated, each household member age 18 or older must sign <br /> and date the Tenant Income Certification. For move-in, it is recommended that the Tenant Income Certification be signed no earlier <br /> than 5 days prior to the effective date of the certification. <br /> Part V—Determination of Income Eligibility <br /> Total Annual Household Income Enter the number from item(L). <br /> from all Sources: <br /> Current Income Limit per Family Enter the Current Maximum Move-in Income Limit for the household size. <br /> Size: <br /> Household income at move-in: For recertifications only. Enter the household income from the move-in certification. On the <br /> Household size at move-in: adjacent line,enter the number of household members from the move-in certification. <br /> Household Meets Income Check the appropriate box for the income restriction that the household meets according to what <br /> Restriction at: is required by the set-aside(s)for the project. <br /> Current Income Limit x 140%: For recertifications only. Multiply the Current Maximum Move-in Income Limit by 140%and <br /> enter the total. Below,indicate whether the household income exceeds that totaL If the Gross <br /> Annual Income at recertification is greater than 140%of the current income limit,then the <br /> available unit rule must be followed. <br /> Part VI—Rent <br /> Tenant Paid Rent: Enter the amount the tenant pays toward rent(not including rent assistance payments such as <br /> Section 8). <br /> Rent Assistance: Enter the amount of rent assistance,if any. <br /> Utility Allowance: Enter the utility allowance. If the owner pays all utilities,enter zero. <br /> Other non-optional charges: Enter the amount of non-optional charges,such as mandatory garage rent,storage lockers,charges <br /> for services provided by the development,etc. <br /> Gross Rent for Unit: Enter the total of Tenant Paid Rent plus Utility Allowance and other non-optional charges. <br /> Maximum Rent Limit for this Enter the maximum allowable gross rent for the unit. <br /> unit: <br />