Why is accurate tenant file management important in affordable housing programs?
Accurate records ensure compliance with housing regulations and support audit readiness.
Which of the following is typically included in a tenant file?
Tenant files often include income documentation, lease agreements, and certification forms.
What is the minimum period most tenant files must be retained for compliance purposes?
Tenant files must generally be retained for at least three years after the end of the affordability period or tenant departure.
Which document verifies a household’s eligibility for affordable housing?
The Tenant Income Certification (TIC) form is used to confirm income eligibility.
What is one risk of poor tenant file organization?
Missing or outdated documentation can lead to compliance violations and loss of program funding.
How often should tenant files be updated for recertification?
Tenant files should be updated annually to reflect income changes and continued eligibility.
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Which tool helps ensure consistency and compliance in file audits?
File checklists help ensure all required documents are present and compliant.
How should confidential tenant documents be stored?
Confidential files must be stored securely, often in locked cabinets or password-protected systems.
Which of the following should trigger a tenant file update?
Significant changes such as household income or family size require prompt updates to tenant files.