Please see below the process for obtaining correct documentation including 50059’s.
1. Notification: Tenants are notified in advance to submit required documentation.
2. Tenant Submission: Tenants provide updated income and household info
3. Verification: Property management verifies the submitted information (e.g., contacting employers, reviewing documents).
4. Rent Calculation: Rent is recalculated based on updated income and family composition, per HUD guidelines.
5. 50059 Form: Completing the 50059 form accurately is crucial. It documents eligibility, income, and rent calculations. Errors can lead to incorrect rent, delays, or compliance issues.
6. Finalizing Recertification: After verification and accurate completion of the 50059, tenants are informed of any rent changes.
7. Record-Keeping: All recertification documents, including the 50059 form, are filed for compliance and audit purposes.
By ensuring that recertifications are done annually, all tenant information is updated, and 50059 forms are accurately completed, doing so maintains program compliance and ensure that tenants are paying the correct rent based on their current financial situation. This is critical not only for HUD compliance but also for ensuring that tenants receive the appropriate level of assistance.
Completion Date: 6/30/2025
Contact: Jackie Oliveira-Director of Affordable Housing