Get Hud­-52697 2022-2025

The HUD-52697, also known as the LIHTC Tenant Data Collection Form, is essential for reporting tenant data related to federal low-income housing tax credits. This guide provides clear, step-by-step instructions on completing the form online, tailored to meet your needs, regardless of your experience level.

Follow the steps to fill out the HUD-52697 accurately.

1. Press ‘Get Form’ button to secure the HUD-52697 and launch it in your editing space.
2. Begin with Part I: Development Data. Fill in details such as Certification Type by indicating whether it is an initial certification, recertification, or other, along with the effective date. Next, provide the LIHTC Qualification Date, Compliance Agency Name, County, Property Name, PIN, BIN, and Building Address, including Unit Number and number of bedrooms.
3. Continue to Part II: Household Composition. If the unit was vacant on December 31, 2021, select ‘Yes’ or ‘No’. List each household member, including their names, relationship to the head of household, race, ethnicity, disability status, date of birth, and whether they are a full-time student.
4. Skip Parts III and IV as they have been removed in their entirety. Move to Part V: Determination of Income Eligibility. Enter the Total Annual Income from all sources and complete sections for Recertification only including Effective Date of LIHTC Income Certification and Household Size at LIHTC Certification.
5. In Part VI: Monthly Rent, record the tenant paid monthly rent, monthly utility allowance, other non-optional charges, as well as the gross monthly rent for the unit. Include the maximum LIHTC rent for this unit and indicate if it meets federal rent restrictions.
6. Proceed to Part VII: Student Status. Declare if all occupants are full-time students and provide the necessary explanations if they are.
7. Wrap up with Part VIII: Program Type. Identify the applicable programs that the household’s unit will be counted toward as per the property’s occupancy requirements.
8. Finally, ensure all information is accurate before saving changes, downloading, printing, or sharing the completed HUD-52697.

Start completing your documents online today for a seamless experience.