B. For families electing the flat rent payment amount, the SFHA shall review the income of such families not less than once every three (3) years. Families choosing to pay the income-based rent shall continue to have a re-examination of income once every twelve (12) months. [24 CFR 960.257 (a)(2)]
14.2 Income–Based Rent A. At the time of admission or the reexamination, all families shall be charged the greater of: 1) Thirty percent (30%) of the monthly adjusted income; or 2) Ten percent (10%) of the unadjusted monthly income; or 3) The SFHA‘s minimum rent. (see section 14.3.) B. All families shall be afforded the resident choice of rent payment and can choose to pay the income-based rent or the established flat rent. [QHWRA; Section 523; CFR 960.253 (a)(1)]
14.3 Minimum Rent A. The SFHA has established $25.00 as its minimum rent if the SFHA‘s minimum rent is the amount calculated for TTP (see above). B. Exemption of payment of minimum Rent 1) The SFHA is required to grant an exemption from payment of minimum rent if the family is unable to pay the minimum rent because of financial hardship. Financial hardship includes the following: a)
When the family has lost eligibility for or is awaiting an eligibility determination from a Federal, State, or local assistance program, including a family that includes a member who is a non-citizen lawfully admitted for permanent residence under the Immigration and Nationality Act who would be entitled to public benefits but for title IV of the Personal Responsibility and Work Opportunity Act of 1996;
b)
When the family income decreases because of changed circumstances, including loss of employment.
c)
When the family would be evicted because it is unable to pay the minimum rent;
d)
When a death has occurred in the family; and
e)
Other circumstances as determined by the SFHA or HUD
151