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Get Hud-52267 2005-2025
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How to fill out the HUD-52267 online
The HUD-52267 form, also known as the Computation of Payments in Lieu of Taxes, is an essential document used by public housing agencies to report financial data related to shelter rents. This guide will provide you with clear, step-by-step instructions to successfully fill out this form online.
Follow the steps to accurately complete the HUD-52267 form.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Enter the name of your local agency in the designated field at the top of the form.
- Fill in the location of the agency as well as the contract and project numbers in the corresponding sections.
- Complete Part I, starting with tenant rental revenue. Enter the amount from the Financial Data Schedule (FDS) Line 703.
- Next, input tenant revenue from other sources in Line 704. Sum these amounts to find the total rental charged.
- Detail your utilities expenses in the appropriate lines and calculate the shelter rent charged by subtracting utilities from total rental.
- Move to Part II, and begin by transferring the shelter rent charged from Line 5 of Part I.
- Add accounts receivable at the beginning of the fiscal year and subtract tenant bad debt expense and accounts receivable at the end of the fiscal year to calculate the shelter rent collected.
- In Part III, list the taxing districts, assessable value, tax rate, and compute approximate full real property taxes.
- If your cooperation agreement has limitations, complete Part IV by detailing the approximate full real property taxes and the accruing annual contribution.
- Conclude with Part V, calculating 10% of shelter rent and determining the final payments in lieu of taxes based on previous lines.
- After entering all data, review your entries for accuracy. You can then save changes, download, print, or share the completed form.
Start filling out the HUD-52267 online today to ensure your compliance with HUD requirements.
Yes, HUD-52267 is part of the federal housing assistance programs designed to aid low-income families. These programs provide critical support to individuals seeking affordable housing options. Understanding how HUD functions can be beneficial for navigating available assistance programs effectively.
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