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FY2013 Income Limit Implementation Policy

Friday, December 14, 2012

RHIIP Listserv Posting #292

FY2013 Income Limit Implementation Policy

 Please be advised the FY2013 income limits published by the Department on December 4, 2012, and identified in RHIIP Listserv #290, were replaced with revised income limits on December 11, 2012.  Because of the revision, the policy for implementing the FY2013 income limits is as follows:

  • If an owner has not yet implemented the FY2013 income limits published either on 12/4/2012 or on 12/11/2012, the owner has 45 days from 12/11/12 to implement the 2013 income limits published on 12/11/2012.
  • If an owner implemented the FY2013 income limits published on 12/4/2012, but not yet implemented the FY2013 income limits published on 12/11/2012, the owner must either:
    1. Immediately implement the 2013 income limits published on 12/11/2012; or
    2. Revert back to the 2012 income limits and implement the 2013 income limits published on 12/11/2012 within 45 days.
  • If an owner has implemented the FY2013 income limits published on 12/11/2012, continue to use these income limits.

The data displayed on the website between 12/11/12 and 12/13/12 was accurate even though it may have indicated “Data file last updated Nov. 30, 2012.” This notation has now been corrected to read “Data file last updated Tues., Dec. 11, 2012.”

Important Note: Any applicant that was determined to be ineligible by using the FY2013 income limits published on 12/4/2012 must be contacted and, because they fall within the appeal timeframe of 14 days (HUD Handbook 4350.3 REV-1, paragraph 4-9.C.2.b), have their eligibility re-determined. The applicant’s eligibility is to be re-determined using the FY2012 income limits.

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