TITLE 47: HOUSING AND COMMUNITY DEVELOPMENT
CHAPTER II: ILLINOIS HOUSING DEVELOPMENT AUTHORITY
PART 380 RENTAL HOUSING SUPPORT PROGRAM
SECTION 380.308 OVER-INCOME TENANTS


 

Section 380.308  Over-Income Tenants

 

Landlords must recertify the Annual Income of each Tenant prior to the renewal of the Tenant's lease.  If the Annual Income of a Tenant exceeds the Extremely Low-Income Household limit as a result of an increase in the Tenant's Annual Income, Rental Assistance shall be terminated no later than 12 months after the date of expiration of the Tenant's lease in effect when the Tenant's Annual Income exceeds the Extremely Low-Income Household limit.  The Transitional Contribution during this period shall be the Tenant's Tenant Contribution prior to such increase, plus one-half of the difference between the Tenant Contribution and the current rent for the Unit.