ASSETS
Asset self certification is allowed when total ______ assets exceed the current threshold.
What is non-necessary personal property?
This income verification is no longer required to be within 120-days.
What is a Social Security Award Letter?
For LIHTC, new household members get added to the existing household in Yardi at this next event.
What is at the next recertification?
Waitlists should be purged __________.
What is once a year?
DAILY DOUBLE: HOTMA stands for _______.
What is the Housing Opportunity Through Modernization Act?
Number of checking account statements needed for verification when required to verify.
What is one?
This income verification can no longer be used to verify employment unless there is a special circumstance.
What is an employment verification?
Under HOTMA, these household members no longer count as part of the household for income limit purposes.
What is foster adults/children?
There should be ______ preventative maintenance inspection reports in the tenant's file.
What is one report a year?
The Compliance department has _____ members.
What is seven?
You must always include the balance of this asset type regardless of the value when entering it on the TIC/5009.
What is real property?
This form is required when obtaining pay stubs for new move ins and recertifications.
What is the Employer/Applicant Pay Stub Questionnaire?
True or False: Unborn child(ren) must be counted as part of the household's occupancy for bedroom size & income limit purposes.
What is true?
Habitat requires this type of folder for tenant files.
What is a six-part folder?
This asset category is always excluded as an asset.
What is Necessary Personal Property?
These types of accounts are no longer considered assets.
What is retirement accounts?
_______ income is used to calculate self-employment.
What is net income?
True or False: A student who lives on campus is considered a household member.
What is false?
When entering income/assets for a new applicant into Yardi after Compliance approval, you must look at the ____ to ensure that correct information is being entered.
What is the approved file/approval page from Compliance?
Calculation worksheets should be completed for new MIs and every _____.
What is recertification?
DAILY DOUBLE: Under HOTMA, assets have been broken out into these (3) categories.
What is Necessary Personal Property, Non-Necessary Personal Property and Real Property?
When completing a recertification, if a tenant is paid weekly, management must obtain _____ pay stubs.
What is four?
When reviewing a tenant's request to transfer, management must treat tenant as a new MI when transferring between BINs and/or ________ in set-asides.
What is decreasing?
Yardi produces _______ recertification notices.
What is three?
Tax returns or refundable credits are subtracted from _________.
What is total net assets?