NEW POLICY ON INCREASE AND DECREASES
Any Change of Circumstance form that is submitted with verifications attached will be processed immediately. If verifications (when needed) are not attached, there will be a 10 business day window to turn in needed documentation. After 10 business days, if needed verifications are not provided, the Change of Circumstance form will be rejected and the client will need to re-submit.
THA will not perform interim increases in rent between regularly scheduled recertification, except for:
- If an additional family member with income is added to the household
- “Zero” income” families reporting new income.
Interim reductions in rent will be made, but limited to reduce administrative costs to THA and to provide incentives to employed families to remain employed. THA staff will compare the current income in the system vs. the reported income when determining the 20% decrease. For households who are not elderly or disabled, interim adjustments will be limited as follows and require MTW flexibility:
- The rent reduction will only be implemented if the adjusted income will decrease by 20% or more - This rule is waived during Coronavirus Pandemic until 8/1/2021.
- No reduction based upon loss of job will be processed until THA receives documentation of eligibility or ineligibility for unemployment benefits;
- New rent portion will only be processed if the decrease in income is expected to last for longer than ninety (90) days
- Decreases in public assistance income that are the result of a finding of fraud or a failure to comply with work/school requirements will not be processed
Changes reported after the 20th of the month will not take effect until the second month following reporting.
*It is the family’s responsibility to report any income or family composition changes. Failure to do so will be considered fraud. This could lead to termination or a repayment agreement.
The goal of the “no increase” policy is to encourage you to maintain or increase earnings and save the amount that would have been charged due to an increase in rent.
If you are receiving the new Federal Government monthly child tax credit payment, you are not required to report this payment as it is not considered income
Death, Divorce, or a documented criminal activity that brings about the need to remove the person from the household.