FAQuestions: Contract Renewals
- Submission should be
received by NTHDC 120 days before the expiration date of your contract
to ensure uninterrupted subsidy payments.
I just received a letter stating my contract expires in 6 months. I have
never had to submit a renewal but think I will choose option 2 – Rents At
or Below Market. What if I choose the wrong option?
If you are not eligible for a certain option, the CCS
will let you know. To help prevent this, look at the Section 8 Renewal
Policy guidebook. If you do not have a hard copy, you can find it on www.hudclips.org.
If you do qualify for Option 2 make sure the following items are included
in your contact renewal request:
- Attachment 3 – Renewal
Request Worksheet
- Tenant 1-year
Notification Letter
- A new RCS based on the
Section 8 guidelines
- Utility Analysis, if
applicable
- OCAF –or- Budget-based
Worksheet (not to exceed comparable market rents)
My HAP contract is coming up for renewal. What do I do?
Look at the Section
8 Contract Renewal Policy Handbook.pdf.
Depending on the option you are eligible for, submit Attachment 3A and
applicable worksheets to NTHDC 120 days before your contract expires. Your
CCS will process the renewal and rent adjustment if applicable by first
confirming your eligibility, then determining the completeness of your
submission. If necessary, the CCS will contact you for more information.
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