Page 15-1 Chapter 15 SPECIAL HOUSING TYPES [24 CFR 982 ...
Page 15-1 Chapter 15 SPECIAL HOUSING TYPES [24 CFR 982 ... Page 15-1 Chapter 15 SPECIAL HOUSING TYPES [24 CFR 982 ...
Monthly maintenance allowance. The monthly maintenance allowance will be the annualmaintenance allowance, divided by twelve. The annual maintenance allowance will be set ata flat rate, currently $75.Monthly major repair/replacement allowance. The monthly major repair/replacementallowance will be the annual major repair/replacement allowance divided by twelve. Theannual major repair/replacement allowance will be set at a flat rate, currently $150.Monthly co-op/condominium assessments. If applicable, the monthly amount of co-op orcondominium association operation and maintenance assessments.Monthly principal and interest on debt for improvements. Principal and interest formajor home repair, replacements, or improvements, if applicable.15-VII.L. PORTABILITY [24 CFR 982.636, 982.637, 982.353(b) and (c), 982.552, 982.553]Subject to the restrictions on portability included in HUD regulations and SAHA policies, afamily may exercise portability if the receiving PHA is administering a voucher homeownershipprogram and accepting new homeownership families. The receiving PHA may absorb the familyinto its voucher program, or bill the initial PHA.The family must attend the briefing and counseling sessions required by the receiving PHA. Thereceiving PHA will determine whether the financing for, and the physical condition of the unit,are acceptable. The receiving PHA must promptly notify the initial PHA if the family haspurchased an eligible unit under the program, or if the family is unable to purchase a homewithin the maximum time established by the PHA.15-VII.M. MOVING WITH CONTINUED ASSISTANCE [24 CFR 982.637]A family receiving homeownership assistance may move with continued tenant-based assistance.The family may move with voucher rental assistance or with voucher homeownership assistance.Continued tenant-based assistance for a new unit cannot begin so long as any family memberholds title to the prior home.SAHA may deny permission to move to a new unit with continued voucher assistance asfollows:• Lack of funding to provide continued assistance.• At any time, SAHA may deny permission to move with continued rental or homeownershipassistance in accordance with 24 CFR 982.638, regarding denial or termination of assistance.• In accordance with SAHA’s policy regarding number of moves within a 12-month period.SAHA must deny the family permission to move to a new unit with continued voucher rentalassistance if:• The family defaulted on an FHA-insured mortgage; and• The family fails to demonstrate that the family has conveyed, or will convey, title to thehome, as required by HUD, to HUD or HUD's designee; and the family has moved, or willmove, from the home within the period established or approved by HUD.© Copyright 2006 Nan McKay & Associates, Inc. Page 15-22Adminplan 12/1/06Unlimited copies may be made for internal use.
SAHA PolicyFor families participating in the homeownership option, requests to move will be approved ordenied in accordance with PHA policies in Chapter 10.SAHA will not require additional counseling of any families who move with continuedassistance.15-VII.N. DENIAL OR TERMINATION OF ASSISTANCE [24 CFR 982.638]At any time, SAHA may deny or terminate homeownership assistance in accordance with HCVprogram requirements in 24 CFR 982.552 (Grounds for denial or termination of assistance) or 24CFR 982.553 (Crime by family members).SAHA may also deny or terminate assistance for violation of participant obligations described in24 CFR Parts 982.551 or 982.633 and in accordance with its own policy.SAHA must terminate voucher homeownership assistance for any member of family receivinghomeownership assistance that is dispossessed from the home pursuant to a judgment or order offoreclosure on any mortgage (whether FHA insured or non-FHA) securing debt incurred topurchase the home, or any refinancing of such debt.SAHA PolicyTermination of assistance for families participating in the homeownership option will bedone in accordance with the policies in Chapter 12.15-VII.O. MORTGAGE DEFAULT [24 CFR 982.638(d)SAHA must terminate voucher homeownership assistance for any member of family receivinghomeownership assistance that is dispossessed from the home pursuant to a judgment or order offoreclosure on any mortgage (whether FHA-insured or non-FHA) securing debt incurred topurchase the home, or any refinancing of such debt. SAHA, in its discretion, may permit thefamily to move to a new unit with continued voucher rental assistance. However, SAHA mustdeny such permission, if:(1) The family defaulted on an FHA-insured mortgage; and(2) The family fails to demonstrate that:(i) The family has conveyed, or will convey, title to the home, as required by HUD, toHUD or HUD's designee; and(ii) The family has moved, or will move, from the home within the period established orapproved by HUD.SAHA PolicyIf the family defaults on the home mortgage loan, the participant will not be able to use theHomeownership Voucher for rental housing but may reapply for the Section 8 waiting list.© Copyright 2006 Nan McKay & Associates, Inc. Page 15-23Adminplan 12/1/06Unlimited copies may be made for internal use.
- Page 5 and 6: 15-III.A. OVERVIEWPART III: GROUP H
- Page 7 and 8: 15-IV.A. OVERVIEWPART IV: SHARED HO
- Page 9 and 10: 15-V.A. OVERVIEWPART V: COOPERATIVE
- Page 11 and 12: Space RentThe space rent is the sum
- Page 13 and 14: income of adult family members who
- Page 15 and 16: • The unit must be a one-unit pro
- Page 17 and 18: 15-VII.G. HOME INSPECTIONS, CONTRAC
- Page 19 and 20: month when the family moves out. Th
- Page 21: • Principal and interest on mortg
Monthly maintenance allowance. The monthly maintenance allowance will be the annualmaintenance allowance, divided by twelve. The annual maintenance allowance will be set ata flat rate, currently $75.Monthly major repair/replacement allowance. The monthly major repair/replacementallowance will be the annual major repair/replacement allowance divided by twelve. Theannual major repair/replacement allowance will be set at a flat rate, currently $<strong>15</strong>0.Monthly co-op/condominium assessments. If applicable, the monthly amount of co-op orcondominium association operation and maintenance assessments.Monthly principal and interest on debt for improvements. Principal and interest formajor home repair, replacements, or improvements, if applicable.<strong>15</strong>-VII.L. PORTABILITY [<strong>24</strong> <strong>CFR</strong> <strong>982</strong>.636, <strong>982</strong>.637, <strong>982</strong>.353(b) and (c), <strong>982</strong>.552, <strong>982</strong>.553]Subject to the restrictions on portability included in HUD regulations and SAHA policies, afamily may exercise portability if the receiving PHA is administering a voucher homeownershipprogram and accepting new homeownership families. The receiving PHA may absorb the familyinto its voucher program, or bill the initial PHA.The family must attend the briefing and counseling sessions required by the receiving PHA. Thereceiving PHA will determine whether the financing for, and the physical condition of the unit,are acceptable. The receiving PHA must promptly notify the initial PHA if the family haspurchased an eligible unit under the program, or if the family is unable to purchase a homewithin the maximum time established by the PHA.<strong>15</strong>-VII.M. MOVING WITH CONTINUED ASSISTANCE [<strong>24</strong> <strong>CFR</strong> <strong>982</strong>.637]A family receiving homeownership assistance may move with continued tenant-based assistance.The family may move with voucher rental assistance or with voucher homeownership assistance.Continued tenant-based assistance for a new unit cannot begin so long as any family memberholds title to the prior home.SAHA may deny permission to move to a new unit with continued voucher assistance asfollows:• Lack of funding to provide continued assistance.• At any time, SAHA may deny permission to move with continued rental or homeownershipassistance in accordance with <strong>24</strong> <strong>CFR</strong> <strong>982</strong>.638, regarding denial or termination of assistance.• In accordance with SAHA’s policy regarding number of moves within a 12-month period.SAHA must deny the family permission to move to a new unit with continued voucher rentalassistance if:• The family defaulted on an FHA-insured mortgage; and• The family fails to demonstrate that the family has conveyed, or will convey, title to thehome, as required by HUD, to HUD or HUD's designee; and the family has moved, or willmove, from the home within the period established or approved by HUD.© Copyright 2006 Nan McKay & Associates, Inc. <strong>Page</strong> <strong>15</strong>-22Adminplan 12/1/06Unlimited copies may be made for internal use.
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