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Get Hud-52697 2016
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How to fill out the HUD-52697 online
This guide provides essential steps for completing the HUD-52697 form online. Whether you are a first-time user or need a refresher, our clear instructions will help you navigate each section confidently.
Follow the steps to complete the HUD-52697 online.
- Click ‘Get Form’ button to access the HUD-52697 form and open it in your preferred digital format.
- In the section labeled 'Certification Type', specify the type of certification by selecting from the options provided: Initial Certification, Recertification, or Other. If you select 'Other', please specify the reason.
- Enter the Effective Date of Certification. This is the date when the certification becomes effective.
- Fill in the LIHTC Qualification Date by providing the date that aligns with the most recent tax credit qualification.
- Complete Part I: Development Data by entering the Compliance Agency Name, Property Name, PIN, Building Address, Unit Number, and Number of Bedrooms.
- In Part II: Household Composition, indicate if the Unit was Vacant on December 31, 2015. Then, list the names and personal details of all household members.
- As per Part V: Determination of Income Eligibility, enter the Total Annual Income from all sources and ensure you check the appropriate boxes for LIHTC Income Restriction.
- In Part VI: Monthly Rent, provide the amounts for Tenant Paid Monthly Rent and other related charges. Confirm that the Gross Monthly Rent meets the LIHTC Rent Restriction.
- Complete Part VII regarding the Student Status of occupants, checking either 'Yes' or 'No' and providing an explanation if necessary.
- In Part VIII: Program Type, mark the appropriate boxes for housing programs applicable to your household and indicate income status.
- Once all sections are completed, review your entries for accuracy. You can then proceed to save your changes, download, print, or share the completed form as needed.
Complete all necessary documents online confidently with this guide tailored to your needs.
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CTCAC allocates state and federal tax credits to qualifying affordable housing developments as well as oversees a 55-year Compliance period for each project receiving credits.
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