Question: If the utility Allowance remains the same does the tenant have to sign the computerized 50059? Answer: Some gross rent adjustments do not impact the tenant portion of the rent. This occurs when either there is no utility allowance at the property or the utility allowance remains unchanged yet contract rent is adjusted. In either scenario, when the owner generates HUD Form 50059As along with updates to previously completed full certifications with subsequent effective dates, tenant signatures on these certifications are not required. […]
DeSilva Housing Group
DeSilva Housing Group is a national training and consulting firm that specializes in assisting owners/managers in the affordable housing industry with HUD compliance. Our areas of specialization are HUD’s Project-Based Rental Assistance (PBRA) Section 8, PBRA Rental Assistance Demonstration (RAD), 202/811 PRAC, and PRA 811 program.
Our custom designed training and consulting services, coupled with our policy development offerings, provide clients with valuable resources to ensure HUD contract obligations are met, while incorporating consistency and efficiency into everyday leasing and occupancy tasks.
Whether you are new to the industry or a seasoned housing professional, we are confident we can effectively provide you with training and compliance support necessary to operate your HUD property. If you would like to schedule an in-depth discussion of our services, contact us today.